Indowind Energy Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Indowind Energy Ltd reported a 38.4% 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 17.5%.
- Its expenses for the quarter were down by 11.5% QoQ and 16.3% YoY.
- The net profit decreased 101.6% QoQ and increased 0.0% YoY.
- The earnings per share (EPS) of Indowind Energy Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 8.28 | 13.45 | 10.04 | -38.4% | -17.5% |
Total Expenses | 8.34 | 9.42 | 9.97 | -11.5% | -16.3% |
Profit Before Tax | -0.06 | 4.04 | 0.07 | -101.5% | -185.7% |
Tax | 0.00 | -0.38 | 0.14 | -100.0% | -100.0% |
Profit After Tax | -0.07 | 4.41 | -0.07 | -101.6% | 0.0% |
Earnings Per Share | 0.00 | 0.30 | 0.00 | -100.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Indowind Energy Ltd is a company engaged primarily in the renewable energy sector, focusing on the generation and distribution of wind power. The company operates in the energy industry, which is known for its volatile market dynamics and regulatory environments. While specific recent developments for Indowind Energy Ltd are not available in the provided data, the renewable energy sector generally trends towards increasing capacity, technological advancements, and policy shifts favoring sustainable energy sources. Indowind Energy Ltd is likely influenced by these industry trends, operating within a framework that prioritizes clean energy solutions.
Revenue
For the quarter ending Q3FY25, Indowind Energy Ltd reported a total income of ₹8.28 crores. This reflects a significant decrease of 38.4% when compared to the previous quarter (Q2FY25), which recorded a total income of ₹13.45 crores. Furthermore, there is a year-over-year decline of 17.5% from Q3FY24, when the company achieved a total income of ₹10.04 crores. These figures indicate fluctuations in revenue generation, which could be attributed to various operational or market factors inherent in the wind energy sector.
Profitability
The company's profitability metrics for Q3FY25 show a profit before tax of ₹-0.06 crores, a stark contrast to the ₹4.04 crores profit recorded in Q2FY25, marking a significant quarter-over-quarter decrease of 101.5%. Year-over-year, the profit before tax has declined by 185.7% from Q3FY24, which posted a profit of ₹0.07 crores. The tax expense for Q3FY25 was nil, compared to a tax credit of ₹-0.38 crores in Q2FY25 and a tax expense of ₹0.14 crores in Q3FY24. The profit after tax for Q3FY25 was ₹-0.07 crores, in contrast to a profit of ₹4.41 crores in the previous quarter, with no change from the same quarter last year. Earnings per share stood at ₹0.00 for Q3FY25, down from ₹0.30 in Q2FY25.
Operating Metrics
The financial data for Q3FY25 indicates that total expenses amounted to ₹8.34 crores, reflecting a decrease of 11.5% from the previous quarter's ₹9.42 crores. Year-over-year, this represents a decrease of 16.3% from Q3FY24, which recorded expenses of ₹9.97 crores. These variations in expenses alongside revenue fluctuations highlight the dynamic operational environment in which Indowind Energy Ltd operates. The absence of profit and earnings growth in the current quarter suggests operational challenges faced by the company. While specific operational metrics such as ratios are not calculable due to missing balance sheet data, the provided figures offer insights into the company's financial dynamics during Q3FY25.
