Finolex Cables Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Finolex Cables Ltd reported a 10.0% 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 decline of 3.1%.
- Its expenses for the quarter were down by 13.3% QoQ and 3.9% YoY.
- The net profit increased 24.9% QoQ and decreased 2.5% YoY.
- The earnings per share (EPS) of Finolex Cables Ltd stood at 9.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1226.85 | 1363.31 | 1266.71 | -10.0% | -3.1% |
Total Expenses | 1056.49 | 1217.97 | 1099.26 | -13.3% | -3.9% |
Profit Before Tax | 170.36 | 145.34 | 167.45 | 17.2% | 1.7% |
Tax | 45.31 | 32.79 | 46.78 | 38.2% | -3.1% |
Profit After Tax | 147.25 | 117.89 | 150.98 | 24.9% | -2.5% |
Earnings Per Share | 9.60 | 7.70 | 9.90 | 24.7% | -3.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Finolex Cables Ltd is a prominent player in the electrical and telecommunication cables industry. The company is known for manufacturing a wide range of electrical cables, including power cables, communication cables, and other related products. Finolex Cables has established a strong presence in the Indian market and is recognized for its quality products and extensive distribution network. The company has diversified its product offerings to include lighting products and electrical accessories, expanding its market reach. Recent major developments about the company are not available in this dataset.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Finolex Cables Ltd reported a total income of ₹1,226.85 crores. This represents a decrease of 10.0% from the previous quarter (Q2FY25), where the total income was ₹1,363.31 crores. Compared to the same quarter in the previous year (Q3FY24), which was ₹1,266.71 crores, there is a year-over-year decline of 3.1%. The quarterly and yearly decreases indicate a reduction in revenue generation for this period.
Profitability
The profitability metrics for Finolex Cables Ltd exhibit an increase in profit before tax (PBT) for Q3FY25, which stands at ₹170.36 crores. This is a 17.2% increase compared to Q2FY25's PBT of ₹145.34 crores and a slight increase of 1.7% compared to Q3FY24, where PBT was ₹167.45 crores. The company's profit after tax (PAT) for Q3FY25 is ₹147.25 crores, marking a 24.9% increase from the previous quarter's PAT of ₹117.89 crores, but a slight decrease of 2.5% from the same quarter last year, which was ₹150.98 crores. The tax expense for this quarter was ₹45.31 crores, showing a QoQ increase of 38.2% and a YoY decrease of 3.1%. Earnings per share (EPS) for Q3FY25 stood at ₹9.60, representing an increase of 24.7% from Q2FY25 and a decrease of 3.0% from Q3FY24.
Operating Metrics
Finolex Cables Ltd's total expenses for Q3FY25 were ₹1,056.49 crores, reflecting a decrease of 13.3% from the previous quarter's expenses of ₹1,217.97 crores. When compared to the same period last year, where the expenses were ₹1,099.26 crores, there is a year-over-year decrease of 3.9%. The reduction in total expenses QoQ and YoY indicates a decline in operating costs for the company during this quarter. The company’s operating efficiency is highlighted by the profit before tax increase despite the reduction in total income, which can be attributed to the significant decrease in total expenses.
