GNA Axles Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- GNA Axles Ltd reported a 3.2% 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 5.1%.
- Its expenses for the quarter were down by 2.8% QoQ and up 4.8% YoY.
- The net profit decreased 11.1% QoQ and increased 12.9% YoY.
- The earnings per share (EPS) of GNA Axles Ltd stood at 5.9 during Q3FY25.
Financial Statments for Q2FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 375.62 | 388.08 | 357.31 | -3.2% | 5.1% |
Total Expenses | 340.80 | 350.59 | 325.30 | -2.8% | 4.8% |
Profit Before Tax | 34.82 | 37.49 | 32.01 | -7.1% | 8.8% |
Tax | 9.46 | 8.96 | 9.54 | 5.6% | -0.8% |
Profit After Tax | 25.36 | 28.53 | 22.47 | -11.1% | 12.9% |
Earnings Per Share | 5.90 | 6.60 | 5.20 | -10.6% | 13.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
GNA Axles Ltd is a leading company in the auto components industry. The company primarily engages in the manufacturing of rear axle shafts used in light, medium, and heavy commercial vehicles. With state-of-the-art facilities and a commitment to quality and innovation, GNA Axles has established itself as a reliable supplier to some of the biggest names in the automotive industry. While this analysis does not include any recent major developments or changes in the company's operations, it should be noted that the automotive industry is generally subject to fluctuations due to factors such as changes in raw material prices, shifts in consumer demand, and regulatory changes.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), GNA Axles Ltd reported a total income of ₹375.62 crores. This represents a decrease of 3.2% compared to the previous quarter, Q2FY25, when the company registered a total income of ₹388.08 crores. However, when compared on a year-over-year (YoY) basis with Q3FY24, the total income shows a positive growth of 5.1%, implying that the company's total revenues have increased over the past year.
Profitability
Profitability is a key aspect of a company's financial performance. The Profit Before Tax (PBT) for GNA Axles Ltd in Q3FY25 was ₹34.82 crores, a decrease of 7.1% from the previous quarter, Q2FY25, where the PBT was ₹37.49 crores. However, when compared with Q3FY24, there is a YoY increase of 8.8%. After accounting for tax, the Profit After Tax (PAT) for Q3FY25 was ₹25.36 crores. This is an 11.1% decrease from the PAT of ₹28.53 crores in Q2FY25, but a 12.9% increase from the PAT of ₹22.47 crores in Q3FY24.
Operating Metrics
One of the key operating metrics for any company is its Earnings Per Share (EPS). For GNA Axles Ltd, the EPS in Q3FY25 was ₹5.90, a decrease of 10.6% from the previous quarter (Q2FY25) when the EPS was ₹6.60. However, on a YoY basis, the EPS shows a positive growth of 13.5% compared to the EPS of ₹5.20 in Q3FY24.
Margins
Examining margins provides insight into a company's operational efficiency. In Q3FY25, GNA Axles Ltd's total expenses were ₹340.80 crores, a decrease of 2.8% from Q2FY25 when the total expenses were ₹350.59 crores. This suggests a slight improvement in cost management on a quarter-over-quarter (QoQ) basis. However, when compared with Q3FY24, the total expenses show a YoY increase of 4.8%, which indicates that the costs of operation have risen over the past year. Analyzing the relationship between income and expenses can provide a clearer picture of the company's profit margin trends. Further analysis of factors such as cost of goods sold and operating expenses can provide a more detailed understanding of the company's financial health.
