KEI Industries Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- KEI Industries Ltd reported a 8.0% 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 19.6%.
- Its expenses for the quarter were up by 8.2% QoQ and 20.8% YoY.
- The net profit increased 6.5% QoQ and increased 9.4% YoY.
- The earnings per share (EPS) of KEI Industries Ltd stood at 17.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2480.87 | 2296.57 | 2073.53 | 8.0% | 19.6% |
Total Expenses | 2259.68 | 2088.71 | 1871.10 | 8.2% | 20.8% |
Profit Before Tax | 221.20 | 207.87 | 202.42 | 6.4% | 9.3% |
Tax | 56.39 | 53.06 | 51.75 | 6.3% | 9.0% |
Profit After Tax | 164.80 | 154.81 | 150.67 | 6.5% | 9.4% |
Earnings Per Share | 17.90 | 17.10 | 16.70 | 4.7% | 7.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
KEI Industries Ltd is a prominent player in the electrical cable manufacturing industry. The company primarily produces and markets a wide array of cables, including power, control, instrumentation, and specialty cables, which are crucial in various sectors such as energy, infrastructure, and industrial projects. As an established entity in the electrical sector, KEI Industries has built a strong reputation for quality and innovation. While the specifics of any recent major developments are not available, the company is known to consistently engage in expanding its product offerings and enhancing its technological capabilities to maintain a competitive edge in the market.
Revenue
In the third quarter of the financial year 2025 (Q3FY25), KEI Industries Ltd reported a total income of ₹2480.87 crores, marking an 8.0% increase from the preceding quarter (Q2FY25) and a 19.6% increase compared to the same period in the previous year (Q3FY24). This growth reflects a consistent upward trend in revenue generation, indicating robust business activities during the quarter. The increase in total income suggests a potential expansion in market reach or an uptick in demand for the company's products.
Profitability
For Q3FY25, the company achieved a Profit Before Tax (PBT) of ₹221.20 crores, which is a 6.4% increase from Q2FY25 and a 9.3% increase year-over-year (YoY) from Q3FY24. After accounting for taxes, the Profit After Tax (PAT) stood at ₹164.80 crores, reflecting a 6.5% quarterly increase and a 9.4% YoY increase. The Earnings Per Share (EPS) for this quarter is reported at ₹17.90, showing a 4.7% increase from the previous quarter and a 7.2% increase compared to the same quarter last year. These figures indicate a steady rise in profitability metrics over both the quarter and the year.
Operating Metrics
Total expenses for KEI Industries Ltd in Q3FY25 were ₹2259.68 crores, representing an 8.2% increase from Q2FY25 and a 20.8% increase from Q3FY24. This indicates an escalation in operational costs, which could be attributed to various factors such as increased raw material costs or expansion in production capacities. The tax expense for the quarter was ₹56.39 crores, showing a 6.3% increase from Q2FY25 and a 9.0% increase YoY. These operational metrics highlight the company's financial commitments and resource allocation decisions during the quarter.
