NELCO Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- NELCO Ltd reported a 1.5% 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 2.2%.
- Its expenses for the quarter were down by 3.8% QoQ and up 0.8% YoY.
- The net profit increased 20.7% QoQ and decreased 19.5% YoY.
- The earnings per share (EPS) of NELCO Ltd stood at 2.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 82.24 | 83.46 | 84.08 | -1.5% | -2.2% |
Total Expenses | 75.31 | 78.30 | 74.68 | -3.8% | 0.8% |
Profit Before Tax | 6.93 | 5.16 | 9.40 | 34.3% | -26.3% |
Tax | 2.03 | 1.34 | 3.54 | 51.5% | -42.7% |
Profit After Tax | 4.95 | 4.10 | 6.15 | 20.7% | -19.5% |
Earnings Per Share | 2.20 | 1.80 | 2.70 | 22.2% | -18.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
NELCO Ltd is a company that primarily operates within the telecommunications and technology industry. The company is involved in providing satellite communication services, offering a range of products and services that include VSAT connectivity, satellite-based managed services, and integrated network management solutions. NELCO Ltd serves various sectors such as banking, oil & gas, and maritime, among others. As of the latest available information, there are no specific recent major developments or changes in the company's strategy or operations that have been highlighted in public disclosures or press releases.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), NELCO Ltd reported a total income of ₹82.24 crore. This represents a decrease of 1.5% quarter-over-quarter (QoQ) from ₹83.46 crore reported in the second quarter of FY25. In comparison to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹84.08 crore, there is a year-over-year (YoY) decline of 2.2%. These figures suggest fluctuations in the company's revenue over both the short and long term, although the specific reasons for these changes are not detailed in the financial data provided.
Profitability
In terms of profitability, NELCO Ltd's profit before tax (PBT) for Q3FY25 amounted to ₹6.93 crore, which indicates a growth of 34.3% QoQ from the previous quarter's PBT of ₹5.16 crore. However, this represents a decline of 26.3% YoY compared to ₹9.40 crore in Q3FY24. The tax expense for Q3FY25 was ₹2.03 crore, showing an increase of 51.5% QoQ, though it decreased by 42.7% YoY. Consequently, the profit after tax (PAT) for Q3FY25 stood at ₹4.95 crore, which is a 20.7% increase QoQ from ₹4.10 crore in Q2FY25, but a decrease of 19.5% YoY from ₹6.15 crore in Q3FY24. The earnings per share (EPS) were reported at ₹2.20 for Q3FY25, up 22.2% QoQ from ₹1.80 and down 18.5% YoY from ₹2.70.
Operating Metrics
The financial data indicates a decrease in total expenses for NELCO Ltd during Q3FY25, which amounted to ₹75.31 crore, showing a reduction of 3.8% QoQ from ₹78.30 crore in Q2FY25. Compared to Q3FY24, where expenses were ₹74.68 crore, there is a slight increase of 0.8% YoY. This decline in expenses QoQ may have contributed to the improvement in profit before tax despite the reduction in total income. As for operational efficiency and financial stability, the data provided does not include further breakdowns or specific operational metrics such as P/E ratio, debt-to-equity ratio, or current ratio, which are typically essential for a comprehensive evaluation of the company's financial health and performance against industry standards.
