Menon Bearings Ltd's Q3FY25 Quarter Results
- 24 Jan 2025
Result Summary
- Menon Bearings Ltd reported a 1.4% 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 13.6%.
- Its expenses for the quarter were up by 1.6% QoQ and 15.7% YoY.
- The net profit decreased 18.4% QoQ and increased 0.0% YoY.
- The earnings per share (EPS) of Menon Bearings Ltd stood at 1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 59.53 | 60.35 | 52.40 | -1.4% | 13.6% |
Total Expenses | 52.22 | 51.38 | 45.12 | 1.6% | 15.7% |
Profit Before Tax | 7.31 | 8.98 | 7.28 | -18.6% | 0.4% |
Tax | 1.84 | 2.28 | 1.81 | -19.3% | 1.7% |
Profit After Tax | 5.47 | 6.70 | 5.47 | -18.4% | 0.0% |
Earnings Per Share | 1.00 | 1.20 | 1.00 | -16.7% | 0.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Menon Bearings Ltd is a company that operates within the manufacturing sector, primarily focused on producing auto components such as bearings and bushes. These products are utilized in a variety of automotive applications, serving both domestic and international markets. The company is known for its engineering excellence and quality products that cater to the automotive industry. Recent developments in the company are not provided in the available data, but it is positioned within a sector that plays a crucial role in supporting automotive manufacturing and maintenance.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Menon Bearings Ltd reported total income of ₹59.53 crores. This represents a quarter-over-quarter (QoQ) decline of 1.4% from ₹60.35 crores in Q2FY25. However, there was a year-over-year (YoY) increase of 13.6% compared to ₹52.40 crores in Q3FY24. The revenue figures reflect changes in the company's sales performance over different periods, indicating fluctuations that could be attributed to various market factors.
Profitability
The company's profit before tax (PBT) for Q3FY25 was ₹7.31 crores, showing a decrease of 18.6% from the previous quarter's PBT of ₹8.98 crores. On a YoY basis, the PBT remained relatively stable with a slight increase of 0.4% from ₹7.28 crores in Q3FY24. Tax expenses for the quarter amounted to ₹1.84 crores, down 19.3% from Q2FY25, and showed a marginal YoY increase of 1.7%. Consequently, the profit after tax (PAT) for Q3FY25 stood at ₹5.47 crores, consistent with the PAT in Q3FY24, but marking an 18.4% decline from ₹6.70 crores in Q2FY25. These figures underscore the company's profitability dynamics over the assessed periods.
Operating Metrics
Earnings per share (EPS) for Menon Bearings Ltd in Q3FY25 was ₹1.00, which is a decrease of 16.7% from the EPS of ₹1.20 reported in the previous quarter. The EPS remained unchanged on a YoY basis, aligning with the figures from Q3FY24. The total expenses for the quarter increased to ₹52.22 crores, showing a 1.6% rise from ₹51.38 crores in Q2FY25 and a 15.7% increase compared to ₹45.12 crores in Q3FY24. These operating metrics highlight the company's cost management and efficiency in relation to its earnings and expenses over time.
