HPL Electric & Power Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- HPL Electric & Power Ltd reported a 7.0% 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 7.5%.
- Its expenses for the quarter were down by 6.3% QoQ and up 6.3% YoY.
- The net profit decreased 16.2% QoQ and increased 51.4% YoY.
- The earnings per share (EPS) of HPL Electric & Power Ltd stood at 2.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 393.43 | 423.07 | 366.14 | -7.0% | 7.5% |
Total Expenses | 369.02 | 393.96 | 347.16 | -6.3% | 6.3% |
Profit Before Tax | 24.41 | 29.12 | 18.97 | -16.2% | 28.7% |
Tax | 6.32 | 7.53 | 7.03 | -16.1% | -10.1% |
Profit After Tax | 18.09 | 21.58 | 11.95 | -16.2% | 51.4% |
Earnings Per Share | 2.80 | 3.40 | 1.90 | -17.6% | 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
HPL Electric & Power Ltd is a company engaged in the business of manufacturing a wide range of electrical equipment. Its product portfolio includes metering solutions, switchgear, lighting equipment, and wires and cables, serving various segments such as residential, commercial, and industrial sectors. The company operates within the electrical equipment industry, which is characterized by its relevance to infrastructure development and the growing demand for electricity globally. As of the latest available data, there is no specific mention of recent major developments or expansions related to HPL Electric & Power Ltd. For more detailed and updated information, further research into the company's press releases or financial disclosures would be necessary.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), HPL Electric & Power Ltd reported a total income of ₹393.43 crores. This represents a decrease of 7.0% from the previous quarter (Q2FY25), where the total income stood at ₹423.07 crores. However, when compared to the same quarter in the previous year (Q3FY24), there is an increase of 7.5% from ₹366.14 crores. This data reflects a comparative analysis of the company's revenue performance over both quarterly and annual periods. The YoY growth in revenue suggests an increase in the company's capacity to generate income compared to the same period last year.
Profitability
The profitability of HPL Electric & Power Ltd, as indicated by its profit before tax (PBT), amounted to ₹24.41 crores in Q3FY25. This figure is a decline of 16.2% from the previous quarter's PBT of ₹29.12 crores. Nevertheless, on a year-over-year basis, the PBT exhibits a substantial growth of 28.7% from ₹18.97 crores in Q3FY24. The company's tax expenses for Q3FY25 were ₹6.32 crores, marking a 16.1% decrease from the previous quarter and a 10.1% decrease from the previous year. Consequently, the profit after tax (PAT) for Q3FY25 was ₹18.09 crores, a 16.2% reduction from Q2FY25 but a significant 51.4% increase from Q3FY24's ₹11.95 crores. Earnings per share (EPS) for the quarter stood at ₹2.80, reflecting a decrease of 17.6% quarter-over-quarter and an increase of 47.4% year-over-year.
Operating Metrics
The analysis of operating metrics for HPL Electric & Power Ltd indicates a reduction in total expenses, which totaled ₹369.02 crores in Q3FY25. This is a decrease of 6.3% from ₹393.96 crores in Q2FY25, yet an increase of 6.3% from ₹347.16 crores in Q3FY24. The decline in expenses from the previous quarter aligns with the trend observed in total income, suggesting operational adjustments in the current quarter. The operating metrics reflect the company's efforts to manage costs effectively while navigating through varying revenue scenarios. As always, these figures are instrumental in understanding the operational efficiency and cost management strategies implemented by the company during this period.
