Fiem Industries Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Fiem Industries Ltd reported a 3.1% 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 21.3%.
- Its expenses for the quarter were down by 2.8% QoQ and up 21.7% YoY.
- The net profit decreased 6.3% QoQ and increased 16.1% YoY.
- The earnings per share (EPS) of Fiem Industries Ltd stood at 17.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 596.94 | 615.99 | 492.24 | -3.1% | 21.3% |
Total Expenses | 532.41 | 548.00 | 437.35 | -2.8% | 21.7% |
Profit Before Tax | 64.53 | 67.99 | 54.89 | -5.1% | 17.6% |
Tax | 17.52 | 17.82 | 14.39 | -1.7% | 21.8% |
Profit After Tax | 47.02 | 50.17 | 40.50 | -6.3% | 16.1% |
Earnings Per Share | 17.90 | 19.10 | 30.80 | -6.3% | -41.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Fiem Industries Ltd is a well-established company operating within the automotive components industry. Known for manufacturing automotive lighting and signaling equipment, rear view mirrors, and other automotive parts, Fiem Industries has carved a niche for itself in the automotive supply chain. However, specific recent developments, such as new product launches or strategic partnerships, are not provided in the available data. The firm is recognized for its commitment to quality and innovation, catering to both domestic and international markets. As of the latest quarter, Fiem Industries continues to navigate the dynamic automotive sector, which is influenced by technological advancements and regulatory changes.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Fiem Industries Ltd reported a total income of ₹596.94 crores. This marks a decrease of 3.1% from the previous quarter (Q2FY25), where the total income was ₹615.99 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), the company experienced a notable increase in total income by 21.3%, up from ₹492.24 crores. This year-over-year growth reflects a strong performance over the past year, despite the quarter-over-quarter decline. The revenue figures reflect the company's ability to maintain a robust income stream in a competitive industry.
Profitability
Fiem Industries Ltd recorded a Profit Before Tax (PBT) of ₹64.53 crores in Q3FY25, which represents a 5.1% decline from the ₹67.99 crores reported in Q2FY25. Nevertheless, the company's PBT showed an increase of 17.6% compared to the ₹54.89 crores in Q3FY24. After accounting for taxes, the Profit After Tax (PAT) for Q3FY25 stood at ₹47.02 crores, down 6.3% from the previous quarter's ₹50.17 crores but up 16.1% from ₹40.50 crores in Q3FY24. The earnings per share (EPS) for the current quarter was ₹17.90, showing a decrease of 6.3% from the previous quarter's ₹19.10 and a significant decrease of 41.9% compared to ₹30.80 in Q3FY24.
Operating Metrics
The total expenses for Fiem Industries Ltd in Q3FY25 were ₹532.41 crores, which is a 2.8% reduction from ₹548.00 crores in Q2FY25. Year-over-year, total expenses rose by 21.7% from ₹437.35 crores in Q3FY24. The tax expense for Q3FY25 was ₹17.52 crores, slightly lower by 1.7% compared to Q2FY25, but increased by 21.8% from Q3FY24. These figures illustrate the company's cost management and operational efficiency over the recent quarters, amidst fluctuating income levels. The decline in quarter-over-quarter expenses, despite the decrease in income, points to cost-control measures in the current operating environment.
