Hitech Corporation Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Hitech Corporation Ltd reported a 15.6% 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 - of -.
- Its expenses for the quarter were down by 14.0% QoQ and - - YoY.
- The net profit decreased 54.7% QoQ and - - YoY.
- The earnings per share (EPS) of Hitech Corporation Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 123.97 | 146.88 | 0.00 | -15.6% | - |
Total Expenses | 122.91 | 142.94 | 0.00 | -14.0% | - |
Profit Before Tax | 1.05 | 3.94 | - | -73.4% | NaN% |
Tax | -0.21 | 1.16 | 0.00 | -118.1% | - |
Profit After Tax | 1.26 | 2.78 | 0.00 | -54.7% | - |
Earnings Per Share | 0.70 | 1.60 | 0.00 | -56.3% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Hitech Corporation Ltd is a company operating in a specific sector, though detailed information about its main products, services, or recent developments is not available from the data provided. Typically, companies with similar names are involved in manufacturing, technology, or industrial services, but without specific details, it is unclear what the exact nature of Hitech Corporation Ltd's operations is. No recent major developments are available in the current dataset.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Hitech Corporation Ltd reported a total income of ₹123.97 crores. This represents a quarter-over-quarter (QoQ) decrease of 15.6% from the previous quarter (Q2FY25), where the total income was ₹146.88 crores. Year-over-year (YoY) data is not available for comparison due to the absence of Q3FY24 figures. This decline in total income may reflect changes in sales volume, pricing, or other economic factors impacting revenue generation.
Profitability
For Q3FY25, Hitech Corporation Ltd recorded a Profit Before Tax (PBT) of ₹1.05 crores, which marks a substantial QoQ decrease of 73.4% from ₹3.94 crores in Q2FY25. Post-tax figures show a Profit After Tax (PAT) of ₹1.26 crores, down 54.7% from ₹2.78 crores in the previous quarter. The company also reported an Earnings Per Share (EPS) of ₹0.70, a decrease from ₹1.60 in Q2FY25, reflecting a 56.3% decline. Tax for the quarter was noted as a negative value at -₹0.21 crores, indicating a reversal or adjustment from the previous quarter where tax was ₹1.16 crores, showing a significant change of -118.1%.
Operating Metrics
Total expenses for Hitech Corporation Ltd in Q3FY25 amounted to ₹122.91 crores, showing a 14.0% decrease from ₹142.94 crores in Q2FY25. This reduction in expenses aligns with the decrease in total income, maintaining a narrow margin over costs. The substantial decline in tax expenses contributes to the overall profitability metrics. However, the specific reasons for the changes in expenses and their impact on the company's operations are not discernible from the provided data. The absence of year-over-year data for both income and expenses limits the ability to identify broader operational trends over time.
