KDDL Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- KDDL Ltd reported a 17.9% 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 growth of 27.3%.
- Its expenses for the quarter were up by 18.5% QoQ and 29.6% YoY.
- The net profit increased 32.4% QoQ and increased 27.1% YoY.
- The earnings per share (EPS) of KDDL Ltd stood at 26.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 483.28 | 410.06 | 379.66 | 17.9% | 27.3% |
Total Expenses | 426.94 | 360.23 | 329.44 | 18.5% | 29.6% |
Profit Before Tax | 56.34 | 49.49 | 50.22 | 13.8% | 12.2% |
Tax | 9.56 | 13.88 | 13.26 | -31.1% | -27.9% |
Profit After Tax | 47.15 | 35.61 | 37.10 | 32.4% | 27.1% |
Earnings Per Share | 26.10 | 19.60 | 20.60 | 33.2% | 26.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
KDDL Ltd is primarily known for its involvement in the manufacturing and retail of watches and watch components. The company operates within the horology industry, where it has established itself as a key player by offering a diverse range of products including watch dials, hands, and precision-engineered watch movement components. KDDL Ltd also extends its expertise to the luxury retail segment through its subsidiary, Ethos, which is a prominent retail chain for luxury watches in India. As of the data provided, there are no specific details on recent major developments, and thus, any further information would need to be obtained from external sources.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), KDDL Ltd reported a total income of ₹483.28 crores, marking a significant increase compared to the previous quarter (Q2FY25) and the same quarter in the previous fiscal year (Q3FY24). Specifically, the total income in Q3FY25 showed a quarter-over-quarter (QoQ) growth of 17.9% from ₹410.06 crores in Q2FY25, and a year-over-year (YoY) growth of 27.3% from ₹379.66 crores in Q3FY24. This upward trend in revenue indicates that the company has experienced substantial growth within the specified periods.
Profitability
KDDL Ltd's profitability has shown positive trends in the third quarter of fiscal year 2025. The Profit Before Tax (PBT) for Q3FY25 was ₹56.34 crores, which represents a QoQ increase of 13.8% from ₹49.49 crores in Q2FY25 and a YoY increase of 12.2% from ₹50.22 crores in Q3FY24. The Profit After Tax (PAT) for Q3FY25 was ₹47.15 crores, reflecting a 32.4% QoQ increase from ₹35.61 crores in Q2FY25 and a 27.1% YoY increase from ₹37.10 crores in Q3FY24. Notably, the tax expense decreased by 31.1% QoQ and 27.9% YoY, contributing to the growth in net profitability. Earnings per Share (EPS) also rose in Q3FY25 to ₹26.10, showing a QoQ increase of 33.2% and a YoY increase of 26.7%.
Operating Metrics
The financial data for Q3FY25 reveals that KDDL Ltd's total expenses were ₹426.94 crores, which denotes an 18.5% increase QoQ from ₹360.23 crores in Q2FY25 and a 29.6% increase YoY from ₹329.44 crores in Q3FY24. The increase in expenses aligns with the growth in total income, suggesting strategic investments or operational expansions during this period. Despite the rise in expenses, the company maintained positive growth in profitability metrics, indicating effective cost management. The decrease in tax expenses further enhanced the company's net profitability for the quarter.
