Ram Ratna Wires Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- Ram Ratna Wires Ltd reported a 5.3% 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 27.1%.
- Its expenses for the quarter were down by 5.7% QoQ and up 26.5% YoY.
- The net profit increased 9.2% QoQ and increased 56.6% YoY.
- The earnings per share (EPS) of Ram Ratna Wires Ltd stood at 3.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 893.07 | 943.34 | 702.43 | -5.3% | 27.1% |
Total Expenses | 869.08 | 921.66 | 686.82 | -5.7% | 26.5% |
Profit Before Tax | 23.98 | 21.66 | 15.60 | 10.7% | 53.7% |
Tax | 5.01 | 4.80 | 3.90 | 4.4% | 28.5% |
Profit After Tax | 18.34 | 16.80 | 11.71 | 9.2% | 56.6% |
Earnings Per Share | 3.70 | 3.80 | 2.60 | -2.6% | 42.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ram Ratna Wires Ltd is a company engaged in the manufacturing and distribution of electrical wires and cables. The company predominantly operates within the electrical and electronics industry, providing essential components for infrastructure, industrial, and residential applications. As of the latest data available to us, there are no specific recent major developments mentioned for Ram Ratna Wires Ltd. The company has established a strong presence in the market, focusing on quality and innovation to meet the demands of various sectors.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Ram Ratna Wires Ltd reported a total income of ₹893.07 crores. This marks a decrease of 5.3% from the previous quarter (Q2FY25), where the total income was ₹943.34 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), there is a significant increase of 27.1% in total income, which was ₹702.43 crores. This year-over-year growth indicates an upward trajectory in revenue generation compared to the previous year's performance.
Profitability
In terms of profitability, Ram Ratna Wires Ltd's profit before tax for Q3FY25 was ₹23.98 crores, which represents a 10.7% increase over the previous quarter's profit before tax of ₹21.66 crores. Year-over-year, this figure reflects a substantial rise of 53.7% from ₹15.60 crores in Q3FY24. The profit after tax for Q3FY25 stood at ₹18.34 crores, marking a 9.2% increase from the ₹16.80 crores recorded in Q2FY25 and a robust growth of 56.6% from ₹11.71 crores in the same quarter last year. Earnings per share (EPS) for Q3FY25 were ₹3.70, showing a slight decline of 2.6% from the previous quarter's EPS of ₹3.80, yet it represents a 42.3% increase from the EPS of ₹2.60 in Q3FY24.
Operating Metrics
The total expenses for Ram Ratna Wires Ltd in Q3FY25 amounted to ₹869.08 crores, which is a reduction of 5.7% compared to the previous quarter's expenses of ₹921.66 crores. On a year-over-year basis, total expenses increased by 26.5% from ₹686.82 crores in Q3FY24. The tax expenses for Q3FY25 were ₹5.01 crores, slightly up by 4.4% from ₹4.80 crores in Q2FY25, and up by 28.5% from ₹3.90 crores in Q3FY24. These financial figures reflect the company's cost management strategies and tax obligations over the specified periods. The data provided does not include specific details on other operating metrics such as P/E ratio, debt-to-equity ratio, or current ratio.
