Elin Electronics Ltd's Q3FY25 Quarter Results
- 09 Feb 2025
Result Summary
- Elin Electronics Ltd reported a 12.6% 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 growth of 12.5%.
- Its expenses for the quarter were down by 11.4% QoQ and up 13.4% YoY.
- The net profit decreased 70.7% QoQ and decreased 47.0% YoY.
- The earnings per share (EPS) of Elin Electronics Ltd stood at 0.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 268.45 | 307.17 | 238.66 | -12.6% | 12.5% |
Total Expenses | 266.45 | 300.73 | 234.88 | -11.4% | 13.4% |
Profit Before Tax | 1.99 | 6.44 | 3.78 | -69.1% | -47.4% |
Tax | 0.60 | 1.66 | 1.13 | -63.9% | -46.9% |
Profit After Tax | 1.40 | 4.78 | 2.64 | -70.7% | -47.0% |
Earnings Per Share | 0.30 | 1.00 | 0.60 | -70.0% | -50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Elin Electronics Ltd is a company known for its involvement in the electronics manufacturing sector, providing a wide range of products and services. The company's portfolio typically includes the manufacturing of consumer electronics, small appliances, lighting products, and automotive components. As of the latest data, there are no specific recent major developments available for Elin Electronics Ltd. The company operates in a highly competitive industry that is characterized by rapid technological advancements and significant price competition. Its success relies on its ability to innovate, manage costs, and maintain strong relationships with key clients and suppliers.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Elin Electronics Ltd reported total income of ₹268.45 crores. This represents a decrease of 12.6% compared to the previous quarter (Q2FY25), where total income was ₹307.17 crores. However, when compared to the same quarter in the previous year (Q3FY24), the total income increased by 12.5% from ₹238.66 crores. This year-over-year growth indicates that the company has seen a positive change in its revenue stream over the past year. The quarter-over-quarter decline might suggest a seasonal variation or other factors affecting sales during this period.
Profitability
Profitability for Elin Electronics Ltd in Q3FY25 showed a decline when compared both quarter-over-quarter and year-over-year. The Profit Before Tax (PBT) for Q3FY25 was ₹1.99 crores, which is significantly lower by 69.1% compared to ₹6.44 crores in Q2FY25 and by 47.4% compared to ₹3.78 crores in Q3FY24. The Profit After Tax (PAT) was ₹1.40 crores in Q3FY25, representing a decrease of 70.7% from Q2FY25's ₹4.78 crores and 47.0% from Q3FY24's ₹2.64 crores. The Earnings Per Share (EPS) also followed a similar declining trend, showing a 70.0% decrease quarter-over-quarter and a 50.0% decrease year-over-year.
Operating Metrics
Total expenses for Elin Electronics Ltd in Q3FY25 were ₹266.45 crores, a reduction of 11.4% from ₹300.73 crores in Q2FY25. Compared to Q3FY24, there was an increase of 13.4% from ₹234.88 crores. Despite the decrease in expenses quarter-over-quarter, the company still experienced a decline in profitability. The tax expense for the quarter was ₹0.60 crores, reflecting a decrease of 63.9% from the previous quarter's ₹1.66 crores and a 46.9% decrease year-over-year from ₹1.13 crores. These operating metrics illustrate significant shifts in the company's financial activities over the quarters, impacting its bottom line.
