Federal-Mogul Goetze (India) Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Federal-Mogul Goetze (India) Ltd reported a 6.6% 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 4.4%.
- Its expenses for the quarter were down by 3.9% QoQ and up 3.0% YoY.
- The net profit decreased 24.8% QoQ and increased 19.4% YoY.
- The earnings per share (EPS) of Federal-Mogul Goetze (India) Ltd stood at 5.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 443.41 | 474.76 | 424.52 | -6.6% | 4.4% |
Total Expenses | 401.47 | 417.56 | 389.66 | -3.9% | 3.0% |
Profit Before Tax | 41.94 | 57.21 | 34.86 | -26.7% | 20.3% |
Tax | 11.34 | 16.51 | 9.23 | -31.3% | 22.9% |
Profit After Tax | 30.59 | 40.70 | 25.63 | -24.8% | 19.4% |
Earnings Per Share | 5.20 | 6.90 | 4.40 | -24.6% | 18.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Federal-Mogul Goetze (India) Ltd is a leading player in the automotive component industry, primarily engaged in the manufacture and supply of pistons, piston rings, and other critical engine components. The company caters to both domestic and international markets, providing products to original equipment manufacturers (OEMs) and the aftermarket sector. Renowned for its technological expertise and quality products, Federal-Mogul Goetze (India) Ltd has established a significant presence in the automotive industry. While specific recent developments pertaining to the company are not available, its position in the market indicates a focus on innovation and maintaining high manufacturing standards to meet the evolving demands of the automotive sector.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Federal-Mogul Goetze (India) Ltd reported a total income of ₹443.41 crores. This reflects a decrease of 6.6% from the previous quarter (Q2FY25), where the total income stood at ₹474.76 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), there is a 4.4% increase from ₹424.52 crores. These figures highlight the quarterly variations in revenue generation while showcasing a year-over-year improvement in total income.
Profitability
The company's profitability metrics indicate a profit before tax (PBT) of ₹41.94 crores for Q3FY25, marking a 26.7% decline from the preceding quarter's PBT of ₹57.21 crores. Despite this quarter-over-quarter decline, there is a notable year-over-year increase of 20.3% from the Q3FY24 figure of ₹34.86 crores. After accounting for taxes, the profit after tax (PAT) for Q3FY25 is ₹30.59 crores, which is 24.8% lower than Q2FY25's PAT of ₹40.70 crores. Nonetheless, this represents a 19.4% increase compared to the PAT of ₹25.63 crores in Q3FY24. The earnings per share (EPS) also decreased by 24.6% from the previous quarter, falling to ₹5.20 from ₹6.90, but rose by 18.2% year-over-year from ₹4.40.
Operating Metrics
The total expenses for Federal-Mogul Goetze (India) Ltd in Q3FY25 amounted to ₹401.47 crores, showing a 3.9% reduction from the previous quarter's expenses of ₹417.56 crores. Year-over-year, the total expenses have increased by 3.0% from ₹389.66 crores in Q3FY24. The tax expense for Q3FY25 was ₹11.34 crores, which decreased by 31.3% quarter-over-quarter from ₹16.51 crores in Q2FY25. However, there is a year-over-year increase of 22.9% from ₹9.23 crores in Q3FY24. These operational metrics provide insights into the company's cost management and tax obligations over the specified periods.
