CG Power & Industrial Solutions Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- CG Power & Industrial Solutions Ltd reported a 4.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 27.0%.
- Its expenses for the quarter were up by 3.1% QoQ and 27.1% YoY.
- The net profit increased 8.3% QoQ and decreased 68.2% YoY.
- The earnings per share (EPS) of CG Power & Industrial Solutions Ltd stood at 1.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2549.28 | 2441.79 | 2006.79 | 4.4% | 27.0% |
Total Expenses | 2214.42 | 2147.99 | 1742.33 | 3.1% | 27.1% |
Profit Before Tax | 334.86 | 293.80 | 264.46 | 14.0% | 26.6% |
Tax | 97.01 | 74.17 | 67.86 | 30.8% | 43.0% |
Profit After Tax | 237.85 | 219.63 | 747.67 | 8.3% | -68.2% |
Earnings Per Share | 1.60 | 1.40 | 4.90 | 14.3% | -67.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
CG Power & Industrial Solutions Ltd is a prominent player in the electrical equipment industry. The company specializes in providing advanced electrical products and solutions, catering to diverse sectors such as utilities, industries, and infrastructure. It is known for its robust portfolio that includes transformers, switchgear, circuit breakers, and engineering projects. Over recent years, CG Power has been focusing on expanding its technological capabilities and increasing its global footprint. However, specific recent major developments about the company are not available in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), CG Power & Industrial Solutions Ltd reported a total income of ₹2549.28 crores, marking a 4.4% increase from the previous quarter (Q2FY25) and a significant 27.0% increase compared to the same quarter last year (Q3FY24). This growth reflects a positive trend in revenue generation, suggesting a consistent improvement in the company's ability to generate income over both quarters and the year. The revenue enhancement can be attributed to various factors, such as increased sales, expansion into new markets, or enhanced product offerings.
Profitability
The company's profitability metrics for Q3FY25 indicate a profit before tax of ₹334.86 crores, which represents a 14.0% increase compared to Q2FY25 and a 26.6% rise from the previous year. After accounting for tax, the profit after tax stands at ₹237.85 crores, showing an 8.3% increase quarter-over-quarter but a 68.2% decline year-over-year. This sharp year-over-year decline in profit after tax is also mirrored in the earnings per share, which decreased from ₹4.90 in Q3FY24 to ₹1.60 in Q3FY25, reflecting a -67.3% change. The tax expense for Q3FY25 was ₹97.01 crores, reflecting a 30.8% increase from the previous quarter and a 43.0% increase year-over-year, which significantly impacted the net profitability.
Operating Metrics
The total expenses for CG Power in Q3FY25 were ₹2214.42 crores, which increased by 3.1% from Q2FY25 and 27.1% from Q3FY24. This increase in expenses is consistent with the revenue growth, indicating a potential rise in operational activities. No specific operational metrics such as debt-to-equity ratio or current ratio are provided in the data. The increase in both income and expenses reflects the company's scaling operations to support income growth. The relationship between the growth in total income and total expenses highlights how the company is managing its operational costs alongside revenue generation.
