IKIO Lighting Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- IKIO Lighting Ltd reported a 2.2% 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 3.7%.
- Its expenses for the quarter were up by 3.9% QoQ and 20.8% YoY.
- The net profit decreased 39.7% QoQ and decreased 58.9% YoY.
- The earnings per share (EPS) of IKIO Lighting Ltd stood at 1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 125.34 | 128.16 | 120.82 | -2.2% | 3.7% |
Total Expenses | 115.96 | 111.65 | 96.01 | 3.9% | 20.8% |
Profit Before Tax | 9.37 | 16.52 | 24.81 | -43.3% | -62.2% |
Tax | 1.58 | 3.60 | 5.85 | -56.1% | -73.0% |
Profit After Tax | 7.80 | 12.93 | 18.96 | -39.7% | -58.9% |
Earnings Per Share | 1.00 | 1.70 | 2.60 | -41.2% | -61.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
IKIO Lighting Ltd is a company that operates in the lighting industry, primarily focusing on the manufacturing and distribution of lighting solutions. The company is involved in producing a wide range of products including LED lighting, smart lighting solutions, and other related equipment. IKIO Lighting Ltd caters to various sectors, including residential, commercial, and industrial markets. As of the latest information available up to October 2023, there have been no major developments reported for IKIO Lighting Ltd that significantly affect its business operations or market position.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), IKIO Lighting Ltd reported a total income of ₹125.34 crores. This represents a decrease of 2.2% compared to the second quarter of fiscal year 2025 (Q2FY25), where the total income stood at ₹128.16 crores. However, when compared to the third quarter of the previous fiscal year (Q3FY24), the total income shows an increase of 3.7%, as it was ₹120.82 crores during that period. This data indicates a modest year-over-year growth in revenue, despite the slight decline on a quarter-over-quarter basis.
Profitability
The profitability metrics for IKIO Lighting Ltd in Q3FY25 reflect a challenging quarter. The profit before tax (PBT) for the period was ₹9.37 crores, marking a significant decrease of 43.3% from Q2FY25, where PBT was ₹16.52 crores. Additionally, there is a notable year-over-year decline of 62.2% from Q3FY24, when the PBT was ₹24.81 crores. The profit after tax (PAT) also saw a decrease, amounting to ₹7.80 crores in Q3FY25, down by 39.7% from ₹12.93 crores in Q2FY25 and by 58.9% from ₹18.96 crores in Q3FY24. This downward trend in profitability is further reflected in the earnings per share (EPS), which dropped to ₹1.00 in Q3FY25 from ₹1.70 in Q2FY25 and ₹2.60 in Q3FY24.
Operating Metrics
The total expenses for IKIO Lighting Ltd amounted to ₹115.96 crores in Q3FY25, representing an increase of 3.9% from the previous quarter (Q2FY25), where expenses were ₹111.65 crores. When compared to Q3FY24, the expenses show a significant increase of 20.8% from ₹96.01 crores. The tax expense for Q3FY25 was ₹1.58 crores, which decreased by 56.1% from ₹3.60 crores in Q2FY25 and by 73.0% from ₹5.85 crores in Q3FY24. These figures indicate that while the company has managed to control its tax expenses significantly, its overall operational expenses have risen, impacting its profitability.
