Pix Transmission Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Pix Transmission Ltd reported a 15.1% 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 8.4%.
- Its expenses for the quarter were down by 2.3% QoQ and up 9.8% YoY.
- The net profit decreased 45.1% QoQ and increased 1.0% YoY.
- The earnings per share (EPS) of Pix Transmission Ltd stood at 16.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 144.28 | 169.85 | 133.16 | -15.1% | 8.4% |
Total Expenses | 112.85 | 115.55 | 102.76 | -2.3% | 9.8% |
Profit Before Tax | 31.43 | 54.29 | 30.40 | -42.1% | 3.4% |
Tax | 9.18 | 13.76 | 8.37 | -33.3% | 9.7% |
Profit After Tax | 22.25 | 40.53 | 22.03 | -45.1% | 1.0% |
Earnings Per Share | 16.30 | 29.80 | 16.20 | -45.3% | 0.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Pix Transmission Ltd is a company known for manufacturing and exporting industrial belts, primarily in the power transmission industry. The company specializes in offering a wide range of products, such as industrial belts, agricultural belts, and automotive belts, which are critical components in various machinery and vehicles. Pix Transmission Ltd has established a robust presence in both domestic and international markets. The company has been actively involved in expanding its product portfolio and enhancing its technological capabilities to maintain competitive advantage. Recent years have seen Pix Transmission Ltd focus on innovation and quality improvement to meet the evolving demands of their industry. However, specific recent developments about the company are not available in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Pix Transmission Ltd reported a total income of ₹144.28 crores. This represents a decrease of 15.1% compared to the previous quarter (Q2FY25) where total income was ₹169.85 crores. However, on a year-over-year basis, there was an increase of 8.4% from Q3FY24, when the total income was ₹133.16 crores. These figures reflect changes in the company’s revenue generation over the specified periods.
Profitability
The company's profit before tax (PBT) for Q3FY25 was ₹31.43 crores, which is a decline of 42.1% from the previous quarter’s PBT of ₹54.29 crores. Additionally, the profit after tax (PAT) was reported at ₹22.25 crores for Q3FY25, indicating a 45.1% decrease from Q2FY25’s PAT of ₹40.53 crores. Despite these quarter-over-quarter declines, the PBT and PAT showed year-over-year growths of 3.4% and 1.0%, respectively, from Q3FY24. The earnings per share (EPS) for Q3FY25 was ₹16.30, down from ₹29.80 in Q2FY25, but slightly up from ₹16.20 in Q3FY24, revealing a similar trend in earnings performance.
Operating Metrics
Total expenses for Pix Transmission Ltd in Q3FY25 amounted to ₹112.85 crores, showing a slight decrease of 2.3% from the previous quarter, which recorded expenses at ₹115.55 crores. Year-over-year, total expenses increased by 9.8% from ₹102.76 crores in Q3FY24. The tax expenses for Q3FY25 were ₹9.18 crores, reduced by 33.3% from the previous quarter’s tax expenses of ₹13.76 crores, while showing a 9.7% increase from the same quarter last year. These financial metrics provide an overview of the company's operating efficiency and fiscal management over the specified periods.
