Modison Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Modison Ltd reported a 2.3% 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 12.5%.
- Its expenses for the quarter were down by 1.9% QoQ and up 11.5% YoY.
- The net profit decreased 29.1% QoQ and increased 42.4% YoY.
- The earnings per share (EPS) of Modison Ltd stood at 1.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 121.35 | 124.19 | 107.86 | -2.3% | 12.5% |
Total Expenses | 113.47 | 115.71 | 101.79 | -1.9% | 11.5% |
Profit Before Tax | 7.86 | 10.97 | 5.56 | -28.4% | 41.4% |
Tax | 2.05 | 2.78 | 1.48 | -26.3% | 38.5% |
Profit After Tax | 5.81 | 8.19 | 4.08 | -29.1% | 42.4% |
Earnings Per Share | 1.80 | 2.50 | 1.30 | -28.0% | 38.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Modison Ltd is a company operating within the manufacturing sector, typically involved in producing electrical and electronic components. It is known for its specialization in silver and silver alloy products, serving industries such as electrical engineering, electronics, and telecommunications. The company's key offerings include contact materials and components that are used in switchgear, circuit breakers, and relays. In recent years, Modison Ltd has focused on expanding its production capabilities and enhancing its technological framework to cater to growing industrial demands. However, specific recent developments beyond the provided data are not available.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), Modison Ltd reported a total income of ₹121.35 crores. This figure represents a decrease of 2.3% compared to the previous quarter (Q2FY25), where the total income was ₹124.19 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), which had a total income of ₹107.86 crores, there is a year-over-year increase of 12.5%. This indicates a growth in revenue over the year, despite a slight decline from the previous quarter, reflecting changes in the company's market dynamics and sales performance.
Profitability
In Q3FY25, Modison Ltd achieved a profit before tax (PBT) of ₹7.86 crores. When compared to the prior quarter (Q2FY25), where the PBT was ₹10.97 crores, this marks a quarter-over-quarter decline of 28.4%. On a year-over-year basis, there is a notable increase of 41.4% from Q3FY24, where the PBT was ₹5.56 crores. The tax expense for Q3FY25 was ₹2.05 crores, which is lower than both the previous quarter and the same quarter last year, showing a reduction of 26.3% QoQ and an increase of 38.5% YoY. Consequently, the profit after tax (PAT) for Q3FY25 was ₹5.81 crores, down 29.1% from Q2FY25 but up 42.4% from Q3FY24. Earnings per share (EPS) for the quarter stood at ₹1.80, reflecting a decrease of 28.0% QoQ and an increase of 38.5% YoY.
Operating Metrics
The total expenses for Modison Ltd in Q3FY25 amounted to ₹113.47 crores, representing a decrease of 1.9% compared to Q2FY25, which recorded expenses of ₹115.71 crores. Year-over-year, there is an increase of 11.5% from ₹101.79 crores in Q3FY24. This change in expenses aligns with the overall revenue growth observed year-over-year, suggesting adjustments in operational activities. The company's operational efficiency can also be observed through its earnings per share, which, despite a quarterly decline, has improved significantly from the previous year. The operating metrics indicate a consistent pattern of managing costs relative to income, which is crucial for sustained profitability and shareholder value.
