PTC Industries Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- PTC Industries Ltd reported a 4.6% 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 30.6%.
- Its expenses for the quarter were down by 1.2% QoQ and up 19.3% YoY.
- The net profit decreased 17.7% QoQ and increased 76.2% YoY.
- The earnings per share (EPS) of PTC Industries Ltd stood at 9.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 77.11 | 80.79 | 59.06 | -4.6% | 30.6% |
Total Expenses | 58.03 | 58.75 | 48.65 | -1.2% | 19.3% |
Profit Before Tax | 18.63 | 22.03 | 10.41 | -15.4% | 79.0% |
Tax | 4.39 | 4.73 | 2.33 | -7.2% | 88.4% |
Profit After Tax | 14.24 | 17.31 | 8.08 | -17.7% | 76.2% |
Earnings Per Share | 9.50 | 11.80 | 5.80 | -19.5% | 63.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
PTC Industries Ltd is a company engaged in the manufacturing sector, primarily known for producing high-precision castings and forgings. These products are crucial for industries such as aerospace, defense, and energy. PTC Industries has carved a niche for itself by offering advanced engineering products and services. Recently, the company has been focusing on expanding its capabilities and market reach by investing in new technologies and facilities. However, specific recent developments in terms of acquisitions or strategic partnerships are not available. The company operates within a competitive landscape, where technological advancement and quality assurance play pivotal roles in maintaining market position.
Revenue
During the third quarter of the fiscal year 2025, PTC Industries Ltd reported a total income of ₹77.11 crores. This represents a decline of 4.6% from the previous quarter (Q2FY25), where the total income was ₹80.79 crores. However, when compared to the same period in the previous year (Q3FY24), the total income showed a substantial increase of 30.6%, up from ₹59.06 crores. This year-over-year growth highlights a significant improvement in the company's revenue-generating capabilities over the past year.
Profitability
The company's profitability metrics indicate a decrease on a quarter-over-quarter basis but an increase year-over-year. Profit Before Tax (PBT) for Q3FY25 was ₹18.63 crores, marking a decrease of 15.4% from the previous quarter's PBT of ₹22.03 crores. The Profit After Tax (PAT) also decreased by 17.7% from ₹17.31 crores in Q2FY25 to ₹14.24 crores in Q3FY25. Despite these declines, both PBT and PAT showed significant year-over-year growth of 79.0% and 76.2% respectively, when compared to Q3FY24 figures. The earnings per share (EPS) for Q3FY25 stood at ₹9.50, down from ₹11.80 in the previous quarter but up from ₹5.80 in Q3FY24, reflecting a 63.8% increase year-over-year.
Operating Metrics
The total expenses for PTC Industries Ltd in Q3FY25 were ₹58.03 crores, which is a slight reduction of 1.2% from ₹58.75 crores in Q2FY25. On a year-over-year basis, total expenses increased by 19.3% from ₹48.65 crores in Q3FY24. This indicates a rise in the company's operational costs compared to the previous year, while reflecting a slight decrease from the prior quarter. The tax expense decreased by 7.2% on a quarter-over-quarter basis, from ₹4.73 crores in Q2FY25 to ₹4.39 crores in Q3FY25, while showing an 88.4% increase from the prior year's Q3 tax expense of ₹2.33 crores. These changes in expenses and tax payments reflect the company's cost management strategies and tax liabilities over the periods compared.
