Latteys Industries Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Latteys Industries Ltd reported a 7.1% 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 39.2%.
- Its expenses for the quarter were down by 3.8% QoQ and up 40.7% YoY.
- The net profit decreased 65.7% QoQ and increased 41.2% YoY.
- The earnings per share (EPS) of Latteys Industries Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 17.48 | 18.81 | 12.56 | -7.1% | 39.2% |
Total Expenses | 17.19 | 17.87 | 12.22 | -3.8% | 40.7% |
Profit Before Tax | 0.30 | 0.94 | 0.34 | -68.1% | -11.8% |
Tax | 0.06 | 0.24 | 0.17 | -75.0% | -64.7% |
Profit After Tax | 0.24 | 0.70 | 0.17 | -65.7% | 41.2% |
Earnings Per Share | 0.00 | 0.10 | 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
Latteys Industries Ltd is a company that operates within the industrial sector, primarily focusing on the manufacturing and supply of submersible pumps, monoblock pumps, self-priming pumps, and other related water pumping solutions. These products are essential in various industries including agriculture, domestic, and industrial applications. The company is known for its commitment to quality and innovation within the pump manufacturing industry. However, further specific details about any recent major developments are not available from the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Latteys Industries Ltd reported a total income of ₹17.48 crores. This represents a decrease of 7.1% from the previous quarter (Q2FY25), where the total income was ₹18.81 crores. When comparing year-over-year, the income for Q3FY25 shows a significant increase of 39.2% relative to the same quarter in the previous fiscal year (Q3FY24), which recorded a total income of ₹12.56 crores. The revenue figures indicate fluctuations in the company's income on a quarterly basis while showing substantial growth on a yearly basis.
Profitability
For Q3FY25, the profit before tax for Latteys Industries Ltd was ₹0.30 crores, which is a decline of 68.1% compared to ₹0.94 crores in Q2FY25. On a year-over-year basis, the profit before tax decreased by 11.8% from ₹0.34 crores in Q3FY24. The tax expenses for Q3FY25 amounted to ₹0.06 crores, showing a reduction of 75.0% from the previous quarter and a 64.7% decrease year-over-year. Consequently, the profit after tax for Q3FY25 was ₹0.24 crores, marking a 65.7% decrease from the previous quarter but a notable 41.2% increase from Q3FY24. The earnings per share for Q3FY25 remained at ₹0.00, down from ₹0.10 in the previous quarter, with no change from the same period last year.
Operating Metrics
The total expenses for Latteys Industries Ltd in Q3FY25 were ₹17.19 crores, which is a 3.8% decrease from the ₹17.87 crores recorded in the previous quarter. Year-over-year, total expenses increased by 40.7% from ₹12.22 crores in Q3FY24. These changes in expenses, alongside the revenue variations, contribute to the observed profitability metrics. The earnings per share metric for Q3FY25 was recorded at ₹0.00, reflecting a decrease from the prior quarter and remaining unchanged from the same quarter in the previous fiscal year. The financial data highlights the company's cost management and its impact on profit margins over different periods.
