MIC Electronics Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- MIC Electronics Ltd reported a 55.8% 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 - of -.
- Its expenses for the quarter were down by 60.6% QoQ and - - YoY.
- The net profit increased 1.9% QoQ and - - YoY.
- The earnings per share (EPS) of MIC Electronics Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 12.24 | 27.68 | 0.00 | -55.8% | - |
Total Expenses | 10.07 | 25.56 | 0.00 | -60.6% | - |
Profit Before Tax | 2.17 | 2.13 | - | 1.9% | NaN% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | 2.17 | 2.13 | 0.00 | 1.9% | - |
Earnings Per Share | 0.10 | 0.10 | 0.00 | 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
MIC Electronics Ltd is a company involved in the electronics industry, known primarily for its focus on LED display systems and lighting solutions. The company has been a significant player in providing innovative visual communication solutions across various sectors such as transportation, sports, and advertising. However, specific details about recent major developments or strategic initiatives for MIC Electronics Ltd are not available in the provided data. Therefore, any recent progress or changes within the company remain unspecified in this report.
Revenue
For the third quarter of the financial year 2025 (Q3FY25), MIC Electronics Ltd reported a total income of ₹12.24 crores. This represents a significant decrease of 55.8% from the previous quarter (Q2FY25), where the total income was ₹27.68 crores. The year-over-year (YoY) comparison with Q3FY24 is not applicable as there was no recorded income for that period. The data highlights a substantial drop in revenue from the previous quarter, suggesting a notable change in the company's revenue-generating activities within the quarter.
Profitability
MIC Electronics Ltd reported a profit before tax of ₹2.17 crores for Q3FY25, which shows a minimal increase of 1.9% from ₹2.13 crores in Q2FY25. There is no applicable year-over-year comparison for profit before tax as the data for Q3FY24 is not available. The profit after tax mirrors the profit before tax figures, standing at ₹2.17 crores for Q3FY25 and showing a similar QoQ increase of 1.9%. The earnings per share remained constant at ₹0.10 from Q2FY25 to Q3FY25. The absence of tax liabilities for the current and previous quarters is noted in the data provided.
Operating Metrics
The total expenses for MIC Electronics Ltd in Q3FY25 were ₹10.07 crores, a decrease of 60.6% from ₹25.56 crores in Q2FY25. There is no data available for Q3FY24, making year-over-year analysis infeasible for total expenses. The cost structure and operational efficiency appear to have undergone significant changes, as indicated by the substantial reduction in expenses. The consistent earnings per share from Q2FY25 to Q3FY25 reflect stable profitability metrics despite fluctuations in revenue and expenses. Without further specific operating data or ratios, a deeper analysis of operational efficiency cannot be conducted based on the provided information.
