Madhucon Projects Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Madhucon Projects Ltd reported a 54.9% 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 35.5%.
- Its expenses for the quarter were up by 54.0% QoQ and 113.5% YoY.
- The net profit increased 8546.5% QoQ and increased 3009.1% YoY.
- The earnings per share (EPS) of Madhucon Projects Ltd declined at 57.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 178.20 | 394.74 | 276.40 | -54.9% | -35.5% |
Total Expenses | 625.45 | 406.26 | 292.97 | 54.0% | 113.5% |
Profit Before Tax | -447.24 | -11.52 | -16.56 | 3782.3% | 2600.7% |
Tax | -1.08 | -6.37 | -2.21 | -83.0% | -51.1% |
Profit After Tax | -446.16 | -5.16 | -14.35 | 8546.5% | 3009.1% |
Earnings Per Share | -57.20 | -0.60 | -1.70 | 9433.3% | 3264.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Madhucon Projects Ltd is a company involved in infrastructure development projects. The company primarily operates in the construction sector, focusing on projects such as roads, highways, bridges, and other civil engineering works. As of the latest available information, there are no specific recent major developments provided. The company operates within a highly competitive industry and is subject to factors such as government regulations, economic conditions, and project financing. The construction industry is known for its capital-intensive nature and often involves long project cycles.
Revenue
In Q3FY25, Madhucon Projects Ltd reported a total income of ₹178.20 crores, showing a significant decline compared to ₹394.74 crores in Q2FY25, which marks a quarter-over-quarter (QoQ) decrease of 54.9%. When compared to the same quarter in the previous year, Q3FY24, where the total income was ₹276.40 crores, there is a year-over-year (YoY) decrease of 35.5%. These figures reflect a substantial reduction in revenue both QoQ and YoY. The variation in total income between quarters and years can be indicative of fluctuations in project completion, billing cycles, or other operational factors inherent in the construction industry.
Profitability
The financial performance in terms of profitability for Madhucon Projects Ltd in Q3FY25 shows a significant loss. The company recorded a profit before tax (PBT) of -₹447.24 crores, a steep increase in losses from -₹11.52 crores in Q2FY25, representing a 3782.3% increase in losses QoQ. Compared to Q3FY24, where the PBT was -₹16.56 crores, there is a 2600.7% YoY increase in losses. Consequently, the profit after tax (PAT) for Q3FY25 is -₹446.16 crores, which is a significant increase in losses compared to -₹5.16 crores in Q2FY25 and -₹14.35 crores in Q3FY24, reflecting QoQ and YoY changes of 8546.5% and 3009.1% respectively. The earnings per share (EPS) also witnessed a substantial decline, moving from -₹0.60 in Q2FY25 and -₹1.70 in Q3FY24 to -₹57.20 in Q3FY25. These figures highlight the financial pressure faced by the company during this quarter.
Operating Metrics
The total expenses for Madhucon Projects Ltd in Q3FY25 were ₹625.45 crores, which is a significant increase of 54.0% from ₹406.26 crores in Q2FY25 and a 113.5% increase from ₹292.97 crores in Q3FY24. This rise in expenses could be attributed to operational costs, project-related expenditures, or other financial commitments. The tax expense in Q3FY25 was recorded at -₹1.08 crores, showing a reduction of 83.0% from Q2FY25 and a 51.1% reduction from Q3FY24. These operating metrics provide insight into the cost structure and fiscal environment in which Madhucon Projects Ltd is currently operating.
