Indo Farm Equipment Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Indo Farm Equipment Ltd reported a 11.5% quarter-on-quarter (QoQ) increase 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 up by 11.1% QoQ and - - YoY.
- The net profit increased 10.6% QoQ and - - YoY.
- The earnings per share (EPS) of Indo Farm Equipment Ltd stood at 1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 96.30 | 86.39 | 0.00 | 11.5% | - |
Total Expenses | 90.61 | 81.54 | 0.00 | 11.1% | - |
Profit Before Tax | 5.69 | 4.86 | - | 17.1% | NaN% |
Tax | 1.71 | 1.26 | 0.00 | 35.7% | - |
Profit After Tax | 3.98 | 3.60 | 0.00 | 10.6% | - |
Earnings Per Share | 1.00 | 0.90 | 0.00 | 11.1% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Indo Farm Equipment Ltd is a company primarily engaged in the manufacture and sale of farm equipment. The company operates within the agricultural machinery industry, which is critical for supporting agriculture productivity and efficiency. As of the latest data available up to October 2023, there are no specific recent major developments provided. Indo Farm Equipment Ltd likely focuses on products such as tractors, harvesters, and other related farming machinery, which are essential tools for modern farming operations.
Revenue
For the third quarter of fiscal year 2025 (Q3FY25), Indo Farm Equipment Ltd recorded a total income of ₹96.30 crores. This represents an increase from the previous quarter (Q2FY25), where the total income was ₹86.39 crores, marking a quarter-over-quarter (QoQ) growth of 11.5%. The data for the same quarter in the previous fiscal year (Q3FY24) is not available, making it impossible to calculate the year-over-year (YoY) change. The increase in total income from the previous quarter indicates a positive movement in revenue generation for the company during this period.
Profitability
The Profit Before Tax (PBT) for Q3FY25 was reported at ₹5.69 crores, rising from ₹4.86 crores in Q2FY25, which reflects a QoQ increase of 17.1%. After accounting for tax expenses of ₹1.71 crores, the Profit After Tax (PAT) for the quarter stood at ₹3.98 crores, up from ₹3.60 crores in the previous quarter, translating to a QoQ growth of 10.6%. Earnings Per Share (EPS) also saw an improvement, increasing from ₹0.90 in Q2FY25 to ₹1.00 in Q3FY25, showing an 11.1% QoQ rise. These figures indicate an overall improvement in profitability metrics over the quarter.
Operating Metrics
Total expenses for Indo Farm Equipment Ltd in Q3FY25 amounted to ₹90.61 crores, up from ₹81.54 crores in Q2FY25, which is an increase of 11.1% on a QoQ basis. The data for year-over-year comparison is not available for total expenses. Despite the increase in expenses, the company was able to achieve higher profitability, as reflected in the improved Profit Before Tax and Profit After Tax figures. The tax expense also increased significantly by 35.7% QoQ, from ₹1.26 crores in Q2FY25 to ₹1.71 crores in Q3FY25. The operating performance, as evidenced by these metrics, shows a balance between expense management and revenue generation, contributing to the overall financial health of the company for this quarter.
