Mahamaya Steel Industries Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Mahamaya Steel Industries Ltd reported a 29.1% 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 10.9%.
- Its expenses for the quarter were up by 28.3% QoQ and 10.8% YoY.
- The net profit increased 373.9% QoQ and decreased 47.6% YoY.
- The earnings per share (EPS) of Mahamaya Steel Industries Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 199.86 | 154.87 | 180.27 | 29.1% | 10.9% |
Total Expenses | 198.53 | 154.73 | 179.10 | 28.3% | 10.8% |
Profit Before Tax | 1.50 | 0.42 | 2.27 | 257.1% | -33.9% |
Tax | 0.47 | 0.21 | 0.60 | 123.8% | -21.7% |
Profit After Tax | 1.09 | 0.23 | 2.08 | 373.9% | -47.6% |
Earnings Per Share | 0.70 | 0.10 | 1.30 | 600.0% | -46.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Mahamaya Steel Industries Ltd is a company operating within the steel manufacturing sector. The company primarily focuses on producing steel and steel-related products, which include structural steel and other specialized steel products. As of the latest available data, there are no specific recent major developments or strategic changes reported for Mahamaya Steel Industries Ltd. The steel industry, in general, is influenced by global commodity prices, demand from construction and infrastructure sectors, and regulatory policies impacting environmental emissions and energy consumption. It is important to note that any additional specific details about Mahamaya Steel Industries Ltd's recent activities or strategic direction are not provided in the data.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Mahamaya Steel Industries Ltd reported a total income of ₹199.86 crores. This represents a quarter-over-quarter (QoQ) increase of 29.1% from ₹154.87 crores in Q2FY25 and a year-over-year (YoY) increase of 10.9% from ₹180.27 crores in Q3FY24. The financial data indicates a robust increase in revenue on both a QoQ and YoY basis. The company's ability to achieve such growth in total income may reflect various factors intrinsic to its operations or external market conditions, but no specific drivers are detailed in the data provided.
Profitability
In terms of profitability, Mahamaya Steel Industries Ltd's Profit Before Tax (PBT) for Q3FY25 was ₹1.50 crores, marking a significant QoQ increase of 257.1% from ₹0.42 crores in Q2FY25. However, this represents a YoY decline of 33.9% from ₹2.27 crores in Q3FY24. The Profit After Tax (PAT) for Q3FY25 stood at ₹1.09 crores, showing a substantial QoQ growth of 373.9% from ₹0.23 crores in Q2FY25, but a YoY decrease of 47.6% from ₹2.08 crores in Q3FY24. Earnings Per Share (EPS) followed a similar pattern, rising QoQ by 600.0% to ₹0.70 but declining YoY by 46.2% from ₹1.30. These fluctuations in profitability metrics reveal substantial quarter-over-quarter improvements but lower results compared to the previous year's same quarter.
Operating Metrics
Analyzing the operating metrics, the total expenses for Q3FY25 were reported at ₹198.53 crores. This marks a QoQ increase of 28.3% from ₹154.73 crores in Q2FY25 and a YoY increase of 10.8% from ₹179.10 crores in Q3FY24. The tax expense for Q3FY25 was ₹0.47 crores, reflecting a QoQ increase of 123.8% from ₹0.21 crores in Q2FY25 and a YoY decrease of 21.7% from ₹0.60 crores in Q3FY24. These variations in expense and tax metrics suggest changes in operational dynamics or external cost factors impacting the company, although specific reasons are not detailed in the available data.
