Kirloskar Industries Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Kirloskar Industries Ltd reported a 4.7% 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 growth of 3.7%.
- Its expenses for the quarter were down by 1.9% QoQ and up 8.9% YoY.
- The net profit decreased 41.8% QoQ and decreased 49.3% YoY.
- The earnings per share (EPS) of Kirloskar Industries Ltd stood at 22.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1625.95 | 1705.80 | 1568.09 | -4.7% | 3.7% |
Total Expenses | 1546.45 | 1576.92 | 1419.64 | -1.9% | 8.9% |
Profit Before Tax | 79.50 | 128.88 | 148.45 | -38.3% | -46.4% |
Tax | 26.08 | 37.94 | 43.32 | -31.3% | -39.8% |
Profit After Tax | 53.35 | 91.63 | 105.13 | -41.8% | -49.3% |
Earnings Per Share | 22.50 | 47.20 | 106.30 | -52.3% | -78.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kirloskar Industries Ltd is a diversified conglomerate with a focus on various sectors including manufacturing, real estate, and energy. The company is part of the Kirloskar Group, which is renowned for its engineering products and solutions. The group has a long-standing presence in India and is known for its pioneering contributions to industrial and engineering services. Kirloskar Industries is involved in manufacturing various engineering products, and it also has interests in wind energy, real estate development, and investments in other group companies. Recent years have seen Kirloskar Industries focus on expanding its real estate portfolio and investing in sustainable energy solutions. However, specific recent developments are not available in the provided data.
Revenue
For the quarter ended Q3FY25, Kirloskar Industries Ltd reported a total income of ₹1625.95 crores. This represents a decline of 4.7% compared to the previous quarter (Q2FY25), where total income was ₹1705.80 crores. On a year-over-year basis, comparing to Q3FY24, the company saw an increase of 3.7% in total income, which was ₹1568.09 crores during that period. These fluctuations suggest changes in the company's revenue streams over both the quarter and the year, reflecting the dynamic nature of its operational segments.
Profitability
In terms of profitability, Kirloskar Industries Ltd's profit before tax for Q3FY25 stood at ₹79.50 crores. This marked a significant decrease of 38.3% from the preceding quarter, Q2FY25, where the profit before tax was ₹128.88 crores. When compared year-over-year to Q3FY24, the profit before tax decreased by 46.4%, from ₹148.45 crores. The profit after tax for Q3FY25 was ₹53.35 crores, which is a 41.8% decrease from the previous quarter and a 49.3% decrease year-over-year. The earnings per share for Q3FY25 was ₹22.50, showing a decrease of 52.3% from Q2FY25 and a significant drop of 78.8% compared to Q3FY24.
Operating Metrics
The operating expenses for Kirloskar Industries Ltd in Q3FY25 were ₹1546.45 crores, a slight reduction of 1.9% from ₹1576.92 crores in Q2FY25. However, when compared to Q3FY24, there was an increase of 8.9% in total expenses, which were ₹1419.64 crores in that period. The tax expenses for Q3FY25 were ₹26.08 crores, which decreased by 31.3% from the previous quarter and 39.8% year-over-year. These figures indicate changes in the company's cost structure and tax liabilities over the analyzed periods. Earnings per share, which is a key metric for shareholders, decreased by 52.3% quarter-over-quarter and 78.8% year-over-year, reflecting the changes in net profitability.
