Dynamatic Technologies Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Dynamatic Technologies Ltd reported a 14.6% 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 decline of 11.1%.
- Its expenses for the quarter were down by 13.0% QoQ and 9.3% YoY.
- The net profit decreased 70.7% QoQ and decreased 68.6% YoY.
- The earnings per share (EPS) of Dynamatic Technologies Ltd stood at 5.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 315.15 | 368.91 | 354.39 | -14.6% | -11.1% |
Total Expenses | 307.08 | 352.87 | 338.43 | -13.0% | -9.3% |
Profit Before Tax | 8.07 | 16.04 | 15.96 | -49.7% | -49.4% |
Tax | 4.54 | 4.01 | 4.72 | 13.2% | -3.8% |
Profit After Tax | 3.53 | 12.03 | 11.24 | -70.7% | -68.6% |
Earnings Per Share | 5.20 | 17.70 | 16.60 | -70.6% | -68.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Dynamatic Technologies Ltd is a prominent player in the engineering and technology sector, primarily focusing on the design and manufacture of highly engineered products. The company operates across various sectors, including aerospace, automotive, and hydraulics. Dynamatic Technologies is known for its innovative solutions and high-quality manufacturing capabilities. The company has a global presence with multiple manufacturing facilities and a diverse customer base. As of the latest available information, Dynamatic Technologies is committed to strengthening its position in the aerospace and defense sectors, leveraging its capabilities to meet the demands of these industries. Recent developments include strategic partnerships and expansions to enhance its technological and manufacturing prowess.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Dynamatic Technologies Ltd reported a total income of ₹315.15 crores. This represents a decrease of 14.6% compared to the previous quarter (Q2FY25), where the total income was ₹368.91 crores. Additionally, on a year-over-year basis, there was a decline of 11.1% from the third quarter of the fiscal year 2024 (Q3FY24), during which the company recorded a total income of ₹354.39 crores. The reduction in total income is a significant point of interest as it reflects changes in the company's revenue generation, which could be attributed to various factors within the market or internal operations.
Profitability
For the third quarter of FY25, Dynamatic Technologies Ltd reported a profit before tax of ₹8.07 crores, marking a substantial decrease of 49.7% from ₹16.04 crores in Q2FY25, and a similar decrease of 49.4% from ₹15.96 crores in Q3FY24. The tax expense for the quarter was ₹4.54 crores, which increased by 13.2% quarter-over-quarter but showed a slight reduction of 3.8% year-over-year. Consequently, the profit after tax stood at ₹3.53 crores, a sharp decline of 70.7% from the previous quarter and 68.6% from the same quarter last year. Earnings per share for Q3FY25 were ₹5.20, reflecting significant decreases of 70.6% from Q2FY25 and 68.7% from Q3FY24. These metrics illustrate notable changes in profitability across the periods in question.
Operating Metrics
During Q3FY25, total expenses for Dynamatic Technologies Ltd were reported at ₹307.08 crores, indicating a decrease of 13.0% from ₹352.87 crores in Q2FY25. Compared to Q3FY24, total expenses decreased by 9.3% from ₹338.43 crores. The decrease in expenses quarter-over-quarter and year-over-year could be a result of cost management initiatives or changes in operational practices. These operating metrics provide insights into the company's cost structure and operational efficiency over the examined periods.
