Endurance Technologies Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Endurance Technologies Ltd reported a 2.0% 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 11.3%.
- Its expenses for the quarter were down by 1.5% QoQ and up 10.3% YoY.
- The net profit decreased 9.2% QoQ and increased 21.1% YoY.
- The earnings per share (EPS) of Endurance Technologies Ltd stood at 13.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2881.10 | 2939.18 | 2588.08 | -2.0% | 11.3% |
Total Expenses | 2634.50 | 2673.41 | 2387.45 | -1.5% | 10.3% |
Profit Before Tax | 246.59 | 265.77 | 200.62 | -7.2% | 22.9% |
Tax | 62.21 | 62.80 | 48.34 | -0.9% | 28.7% |
Profit After Tax | 184.39 | 202.98 | 152.28 | -9.2% | 21.1% |
Earnings Per Share | 13.10 | 14.40 | 10.80 | -9.0% | 21.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Endurance Technologies Ltd is a prominent player in the automotive component manufacturing industry, focusing primarily on the production of a wide array of components for two-wheelers and four-wheelers. The company is known for its robust product portfolio that includes aluminum die-casting, suspension, transmission, and brake systems. It serves a broad client base, including major original equipment manufacturers (OEMs) in the automotive sector. While specific recent developments are not provided in this context, the company is typically involved in expanding its capabilities and enhancing its technological offerings to maintain competitiveness in the rapidly evolving automotive space.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), Endurance Technologies Ltd reported a total income of ₹2881.10 crores. This marks a slight decrease of 2.0% when compared to the previous quarter (Q2FY25), where the total income was ₹2939.18 crores. However, on a year-over-year basis, the company achieved an increase of 11.3% from ₹2588.08 crores in Q3FY24. These changes suggest fluctuations in revenue generation, affected by various market conditions and operational factors over the quarters.
Profitability
In terms of profitability, Endurance Technologies Ltd recorded a profit before tax of ₹246.59 crores in Q3FY25, representing a decrease of 7.2% compared to the ₹265.77 crores registered in Q2FY25. However, there was a significant year-over-year increase of 22.9% from ₹200.62 crores in Q3FY24. The profit after tax for Q3FY25 was ₹184.39 crores, down by 9.2% from ₹202.98 crores in the previous quarter, while showing a notable increase of 21.1% from ₹152.28 crores in Q3FY24. The earnings per share for this period stood at ₹13.10, reflecting a decrease of 9.0% from the previous quarter and an increase of 21.3% from the corresponding quarter in the previous year.
Operating Metrics
The total expenses for Endurance Technologies Ltd in Q3FY25 amounted to ₹2634.50 crores, which is a decrease of 1.5% from Q2FY25's ₹2673.41 crores but an increase of 10.3% from Q3FY24's ₹2387.45 crores. The tax expense for the third quarter of FY25 was ₹62.21 crores, showing a marginal decrease of 0.9% from ₹62.80 crores in Q2FY25, yet an increase of 28.7% from ₹48.34 crores in Q3FY24. These metrics indicate shifts in the company's operational cost structure and tax liabilities, reflecting broader financial strategies and market dynamics over the periods analyzed.
