Pennar Industries Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Pennar Industries Ltd reported a 12.3% 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 12.7%.
- Its expenses for the quarter were up by 12.4% QoQ and 12.4% YoY.
- The net profit increased 13.4% QoQ and increased 20.1% YoY.
- The earnings per share (EPS) of Pennar Industries Ltd stood at 2.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 846.45 | 753.53 | 750.88 | 12.3% | 12.7% |
Total Expenses | 806.67 | 717.48 | 717.81 | 12.4% | 12.4% |
Profit Before Tax | 39.78 | 36.05 | 33.07 | 10.3% | 20.3% |
Tax | 9.32 | 9.18 | 7.70 | 1.5% | 21.0% |
Profit After Tax | 30.46 | 26.87 | 25.37 | 13.4% | 20.1% |
Earnings Per Share | 2.30 | 2.00 | 1.90 | 15.0% | 21.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Pennar Industries Ltd is a well-established company primarily engaged in the manufacturing sector, with a focus on engineering products and services. The company operates in the industrial manufacturing industry and is known for its wide range of products, which includes precision tubes, cold rolled steel strips, and various other value-added steel products. Pennar Industries also provides engineering services, contributing to its diversified portfolio. As of the latest available data, there are no recent major developments provided that could further inform this overview.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Pennar Industries Ltd reported a total income of ₹846.45 crores. This represents a quarter-over-quarter (QoQ) increase of 12.3% from the previous quarter (Q2FY25), where the total income was ₹753.53 crores. Additionally, there is a year-over-year (YoY) increase of 12.7% when compared to the same quarter in the previous year (Q3FY24), which had a total income of ₹750.88 crores. The consistent growth in total income over both the QoQ and YoY periods reflects a positive trend in the revenue generation of the company.
Profitability
During Q3FY25, Pennar Industries Ltd achieved a Profit Before Tax (PBT) of ₹39.78 crores, marking a 10.3% increase QoQ from ₹36.05 crores in Q2FY25 and a substantial 20.3% increase YoY from ₹33.07 crores in Q3FY24. The Profit After Tax (PAT) for the same period was ₹30.46 crores, showing a 13.4% rise QoQ from ₹26.87 crores and a 20.1% increase YoY from ₹25.37 crores. The tax expense for Q3FY25 stood at ₹9.32 crores, marginally up by 1.5% QoQ and 21.0% YoY. Earnings Per Share (EPS) reached ₹2.30, reflecting a 15.0% QoQ rise from ₹2.00 and a 21.1% YoY increase from ₹1.90. These figures indicate a strong profitability performance over the periods analyzed.
Operating Metrics
The total expenses for Pennar Industries Ltd in Q3FY25 amounted to ₹806.67 crores, which is a 12.4% increase QoQ from ₹717.48 crores in Q2FY25, and a similar 12.4% increase YoY from ₹717.81 crores in Q3FY24. The consistent increase in expenses is aligned with the growth in total income, maintaining operational scaling. The company's operational efficiency can be partially assessed through these metrics, although specific ratios such as P/E ratio, debt-to-equity ratio, or current ratio are not provided in the current data set. Despite the rise in expenses, the profitability metrics show that income growth has outpaced the rise in expenses.
