GMR Power & Urban Infra Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- GMR Power & Urban Infra Ltd reported a 17.0% 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 45.8%.
- Its expenses for the quarter were up by 19.8% QoQ and 36.4% YoY.
- The net profit decreased 143.5% QoQ and decreased 351.3% YoY.
- The earnings per share (EPS) of GMR Power & Urban Infra Ltd declined at 1.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1763.08 | 1507.49 | 1209.22 | 17.0% | 45.8% |
Total Expenses | 1788.73 | 1493.23 | 1311.39 | 19.8% | 36.4% |
Profit Before Tax | -23.04 | 224.17 | 118.48 | -110.3% | -119.4% |
Tax | 14.70 | -10.42 | 1.64 | -241.1% | 796.3% |
Profit After Tax | -108.45 | 249.56 | 43.16 | -143.5% | -351.3% |
Earnings Per Share | -1.50 | 3.60 | 0.80 | -141.7% | -287.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
GMR Power & Urban Infra Ltd is a company engaged in the infrastructure sector, focusing on power generation and urban infrastructure development. It is part of the larger GMR Group, which is known for its significant presence in the infrastructure domain, including airports, energy, transportation, and urban infrastructure across India and globally. The company primarily deals with power generation projects, which include both thermal and renewable energy sources, as well as urban infrastructure projects. As of the most recent updates, there are no specific major developments publicly available for GMR Power & Urban Infra Ltd beyond its ongoing business operations and sectoral activities.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), GMR Power & Urban Infra Ltd reported a total income of ₹1763.08 crores. This represents a quarter-over-quarter (QoQ) increase of 17.0% from the previous quarter (Q2FY25), where the total income was ₹1507.49 crores. Additionally, there was a significant year-over-year (YoY) growth of 45.8% compared to the same quarter in the previous year (Q3FY24), which recorded total income of ₹1209.22 crores. These figures reflect the company's capability to generate increased revenue over both the quarter and the year.
Profitability
For Q3FY25, the company reported a loss in profitability with a Profit Before Tax (PBT) of -₹23.04 crores, a substantial decrease from the PBT of ₹224.17 crores in Q2FY25 and ₹118.48 crores in Q3FY24. This indicates a negative QoQ change of -110.3% and a YoY change of -119.4%. The Profit After Tax (PAT) also showed a loss of ₹108.45 crores, contrasting sharply with a profit of ₹249.56 crores in Q2FY25 and ₹43.16 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 stood at -₹1.50, compared to ₹3.60 in Q2FY25 and ₹0.80 in Q3FY24, indicating declines of -141.7% QoQ and -287.5% YoY.
Operating Metrics
The company's total expenses in Q3FY25 amounted to ₹1788.73 crores, marking a QoQ increase of 19.8% from ₹1493.23 crores in Q2FY25 and a YoY increase of 36.4% from ₹1311.39 crores in Q3FY24. The tax expense for Q3FY25 was ₹14.70 crores, compared to a tax credit of -₹10.42 crores in Q2FY25 and a tax expense of ₹1.64 crores in Q3FY24, reflecting a QoQ change of -241.1% and a YoY change of 796.3%. These figures highlight the significant shifts in both expense categories and tax implications across the quarters and year.
