Gala Precision Engineering Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Gala Precision Engineering Ltd reported a 17.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 20.8%.
- Its expenses for the quarter were up by 18.1% QoQ and 16.5% YoY.
- The net profit increased 0.8% QoQ and decreased 5.4% YoY.
- The earnings per share (EPS) of Gala Precision Engineering Ltd stood at 4.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 60.29 | 51.32 | 49.89 | 17.5% | 20.8% |
Total Expenses | 52.99 | 44.87 | 45.47 | 18.1% | 16.5% |
Profit Before Tax | 7.24 | 6.35 | 5.07 | 14.0% | 42.8% |
Tax | 1.95 | 1.11 | -0.52 | 75.7% | -475.0% |
Profit After Tax | 5.28 | 5.24 | 5.58 | 0.8% | -5.4% |
Earnings Per Share | 4.60 | 4.90 | 0.00 | -6.1% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Gala Precision Engineering Ltd is a company involved in the engineering and manufacturing sector. The company specializes in producing precision components and assemblies that are used across various industries, including automotive, aerospace, and industrial applications. Gala Precision Engineering is known for its high-quality engineering solutions and has a reputation for technological innovation. There is no recent major development information available within the provided data; thus, any further specifics on strategic changes or new product lines remain unexplored in this analysis.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Gala Precision Engineering Ltd reported a total income of ₹60.29 crores. This reflects a quarter-over-quarter (QoQ) increase of 17.5% from ₹51.32 crores in the previous quarter (Q2FY25). Additionally, there was a year-over-year (YoY) increase of 20.8% compared to ₹49.89 crores in the same quarter of the previous fiscal year (Q3FY24). The growth in total income indicates a substantial expansion in revenue generation over both the previous quarter and the same quarter last year.
Profitability
For Q3FY25, Gala Precision Engineering Ltd recorded a profit before tax of ₹7.24 crores, marking a 14.0% QoQ growth from ₹6.35 crores in Q2FY25, and a 42.8% YoY increase from ₹5.07 crores in Q3FY24. The tax expense for Q3FY25 was ₹1.95 crores, which is significantly higher than the previous quarter's ₹1.11 crores, reflecting a 75.7% QoQ increase. Compared to a tax credit of ₹0.52 crores in Q3FY24, the change is notable but not calculable in percentage terms due to the nature of tax credit. The profit after tax for Q3FY25 stood at ₹5.28 crores, showing a marginal QoQ increase of 0.8% from ₹5.24 crores in Q2FY25, but a YoY decline of 5.4% from ₹5.58 crores in Q3FY24.
Operating Metrics
The earnings per share (EPS) for Q3FY25 was reported at ₹4.60, which represents a decrease of 6.1% QoQ from ₹4.90 in Q2FY25. There is no YoY comparison available for EPS as the corresponding data for Q3FY24 is not provided. Total expenses for the quarter were ₹52.99 crores, showing an 18.1% increase QoQ from ₹44.87 crores in Q2FY25, and a 16.5% increase YoY from ₹45.47 crores in Q3FY24. The increments in both income and expenses suggest variations in operational dynamics during the period under review.
