Indo National Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Indo National Ltd reported a 5.8% 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 27.9%.
- Its expenses for the quarter were up by 5.2% QoQ and down 16.7% YoY.
- The net profit decreased 656.2% QoQ and decreased 306.7% YoY.
- The earnings per share (EPS) of Indo National Ltd declined at 16.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 123.40 | 130.93 | 171.08 | -5.8% | -27.9% |
Total Expenses | 135.79 | 129.05 | 162.96 | 5.2% | -16.7% |
Profit Before Tax | -12.39 | 1.88 | 8.12 | -759.0% | -252.6% |
Tax | -0.32 | -0.29 | 2.27 | 10.3% | -114.1% |
Profit After Tax | -12.07 | 2.17 | 5.84 | -656.2% | -306.7% |
Earnings Per Share | -16.10 | 2.90 | 4.60 | -655.2% | -450.0% |
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 National Ltd is a company operating within the diverse landscape of the Indian economy, known primarily for its involvement in the consumer electronics sector. The company is recognized for manufacturing and distributing dry cell batteries, which are a staple in everyday consumer electronics. Its products cater to a wide array of customer needs, ranging from household to industrial applications. Recently, the company has been navigating the challenges posed by shifts in consumer demand and technological advancements. Indo National Ltd operates in a competitive market, with a focus on innovation and efficiency to maintain its market position.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Indo National Ltd reported a total income of ₹123.40 crores. This figure represents a decrease of 5.8% compared to the previous quarter (Q2FY25), where the total income was ₹130.93 crores. On a year-over-year basis, the total income has decreased significantly by 27.9% from ₹171.08 crores in Q3FY24. The decline in revenue over both periods indicates a challenging market environment, possibly affected by competitive pressures or shifts in consumer behavior.
Profitability
The company's profitability metrics for Q3FY25 reveal a significant downturn. Indo National Ltd reported a loss before tax of ₹12.39 crores, a stark contrast to the profit before tax of ₹1.88 crores in Q2FY25 and ₹8.12 crores in Q3FY24. The profit after tax for Q3FY25 also reflected a substantial loss of ₹12.07 crores, compared to a profit of ₹2.17 crores in the previous quarter and ₹5.84 crores in the same quarter of the previous year. The earnings per share also declined remarkably, standing at a negative ₹16.10 in Q3FY25, down from ₹2.90 in Q2FY25 and ₹4.60 in Q3FY24. These figures highlight a significant negative shift in the company's profitability over both the quarter-on-quarter and year-on-year periods.
Operating Metrics
Total expenses for Indo National Ltd in Q3FY25 were ₹135.79 crores, which is a 5.2% increase from ₹129.05 crores in Q2FY25, yet a 16.7% decrease from ₹162.96 crores in Q3FY24. The increase in expenses on a quarter-over-quarter basis, despite a reduction in income, has contributed to the negative profitability for the quarter. Meanwhile, the tax outflow for Q3FY25 was minimal at -₹0.32 crores, showing a slight increase from -₹0.29 crores in Q2FY25 but a significant reduction from ₹2.27 crores in Q3FY24. The operational metrics suggest a continued challenge in maintaining cost efficiencies in line with revenue trends.
