Gujarat Apollo Industries Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Gujarat Apollo Industries Ltd reported a 29.4% 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 35.6%.
- Its expenses for the quarter were down by 20.2% QoQ and 31.6% YoY.
- The net profit decreased 51.4% QoQ and decreased 47.3% YoY.
- The earnings per share (EPS) of Gujarat Apollo Industries Ltd stood at 2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 12.70 | 17.98 | 19.71 | -29.4% | -35.6% |
Total Expenses | 10.32 | 12.93 | 15.08 | -20.2% | -31.6% |
Profit Before Tax | 2.39 | 5.06 | 4.63 | -52.8% | -48.4% |
Tax | 0.10 | 0.58 | 0.12 | -82.8% | -16.7% |
Profit After Tax | 2.33 | 4.79 | 4.42 | -51.4% | -47.3% |
Earnings Per Share | 2.00 | 4.10 | 3.80 | -51.2% | -47.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Gujarat Apollo Industries Ltd is a company engaged primarily in the manufacturing of road construction equipment. It operates within the industrial sector, focusing on providing solutions that cater to the construction and infrastructure industries. The company offers a range of products including crushers, screening equipment, and bitumen processing equipment. While specific recent developments within the company have not been provided, it is known for its role in supporting the infrastructure development sector in India. The company has established itself as a key player by serving both domestic and international markets with its range of products.
Revenue
In the third quarter of fiscal year 2025, Gujarat Apollo Industries Ltd reported a total income of ₹12.70 crores. This reflects a decline of 29.4% from the previous quarter, where the total income was ₹17.98 crores. When compared to the same quarter in the previous fiscal year, which had a total income of ₹19.71 crores, there is a year-over-year decrease of 35.6%. This decline in revenue could be indicative of various market factors affecting sales and demand. The third quarter performance showcases a downward trend in revenue generation as compared to both the preceding quarter and the same quarter in the previous year.
Profitability
The profitability of Gujarat Apollo Industries Ltd for Q3FY25 shows a significant decrease when compared to both the previous quarter and the same quarter of the previous year. The company's profit before tax stands at ₹2.39 crores, a reduction of 52.8% from ₹5.06 crores in Q2FY25, and a 48.4% decline from ₹4.63 crores in Q3FY24. After accounting for taxes of ₹0.10 crores for the current quarter, the profit after tax is ₹2.33 crores, marking a 51.4% decrease from the previous quarter's ₹4.79 crores and a 47.3% decrease year-over-year from ₹4.42 crores. Earnings per share for this quarter are ₹2.00, down from ₹4.10 in Q2FY25 and ₹3.80 in Q3FY24, reflecting a similar downward trajectory in profitability.
Operating Metrics
The total expenses for Gujarat Apollo Industries Ltd in Q3FY25 amounted to ₹10.32 crores, which is a reduction of 20.2% from ₹12.93 crores in the second quarter of the fiscal year 2025. Compared to Q3FY24, when expenses were ₹15.08 crores, there is a year-over-year decrease of 31.6%. Despite the reduction in expenses, the decline in total income led to lower profit margins. The tax liability for the current quarter stands at ₹0.10 crores, reduced significantly from ₹0.58 crores in the previous quarter and slightly lower than ₹0.12 crores in the same quarter last year, indicating a reduction in taxable income due to lower profitability. The operating metrics reflect a contraction in both revenue and expenses but a sharper decline in income, impacting overall financial performance.
