Bhagyanagar India Ltd's Q3FY25 Quarter Results
- 04 Feb 2025
Result Summary
- Bhagyanagar India Ltd reported a 3.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 18.0%.
- Its expenses for the quarter were down by 3.9% QoQ and up 17.6% YoY.
- The net profit increased 7.0% QoQ and increased 44.6% YoY.
- The earnings per share (EPS) of Bhagyanagar India Ltd stood at 1.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 395.39 | 410.57 | 335.07 | -3.7% | 18.0% |
Total Expenses | 390.00 | 405.69 | 331.54 | -3.9% | 17.6% |
Profit Before Tax | 5.38 | 4.87 | 3.53 | 10.5% | 52.4% |
Tax | 1.40 | 1.14 | 0.77 | 22.8% | 81.8% |
Profit After Tax | 3.99 | 3.73 | 2.76 | 7.0% | 44.6% |
Earnings Per Share | 1.30 | 1.20 | 0.90 | 8.3% | 44.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bhagyanagar India Ltd is a company engaged in the manufacturing and sale of products primarily in the copper industry. It is known for products such as copper rods, copper tubes, and copper sheets, which are used in various applications across industries like electrical, engineering, and construction. The company’s operations are deeply rooted in the industrial sector, focusing on delivering raw materials essential for manufacturing processes. No additional recent developments or strategic initiatives have been noted for Bhagyanagar India Ltd based on the data provided.
Revenue
In Q3FY25, Bhagyanagar India Ltd reported a total income of ₹395.39 crores. This represents a decrease of 3.7% compared to the previous quarter (Q2FY25), where the total income was ₹410.57 crores. However, when compared to the same quarter in the previous year (Q3FY24), there is a significant increase of 18.0% in total income, which was recorded at ₹335.07 crores. These figures indicate fluctuations in the company’s revenue stream on a quarterly basis, while demonstrating growth on a yearly basis.
Profitability
The company's profit before tax for Q3FY25 was ₹5.38 crores, showing an increase of 10.5% from ₹4.87 crores in Q2FY25. Compared to Q3FY24, there was a notable year-over-year growth of 52.4%, as the profit before tax was ₹3.53 crores. The profit after tax stood at ₹3.99 crores for Q3FY25, reflecting a 7.0% increase from the previous quarter and a 44.6% increase from the same quarter last year. Earnings per share in Q3FY25 were ₹1.30, which is an 8.3% growth from Q2FY25 and a 44.4% rise from Q3FY24. The tax expense for Q3FY25 was ₹1.40 crores, up 22.8% from Q2FY25 and 81.8% from Q3FY24, indicating higher tax implications with growing profitability.
Operating Metrics
Bhagyanagar India Ltd's total expenses for Q3FY25 were ₹390.00 crores, decreasing by 3.9% from ₹405.69 crores in Q2FY25. When compared to Q3FY24, there was a 17.6% increase as expenses were ₹331.54 crores. The operating metrics illustrate a contraction in expenses on a quarterly basis, while depicting an expansion over the year. This trend in expenses aligns with the overall increase in total income on a year-over-year basis, which could suggest efficiency improvements or scaling in operations. However, no specific operational efficiency ratios or other detailed operating metrics are available in the provided data.
