Ramco Industries Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Ramco Industries Ltd reported a 2.5% 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 growth of 3.3%.
- Its expenses for the quarter were down by 1.1% QoQ and up 1.3% YoY.
- The net profit increased 426.6% QoQ and increased 237.0% YoY.
- The earnings per share (EPS) of Ramco Industries Ltd stood at 10.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 347.49 | 356.34 | 336.49 | -2.5% | 3.3% |
Total Expenses | 320.31 | 323.79 | 316.20 | -1.1% | 1.3% |
Profit Before Tax | 27.18 | 32.55 | 20.29 | -16.5% | 34.0% |
Tax | 11.56 | 19.40 | 7.37 | -40.4% | 56.9% |
Profit After Tax | 88.89 | 16.88 | 26.38 | 426.6% | 237.0% |
Earnings Per Share | 10.30 | 2.00 | 3.20 | 415.0% | 221.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ramco Industries Ltd is a diversified manufacturer primarily engaged in producing building and construction materials. The company's offerings include a wide range of products such as fiber cement sheets, calcium silicate boards, and other related products, catering to the construction and infrastructure sectors. Operating within the materials industry, Ramco Industries is known for its innovative solutions and sustainable practices. The company has a robust presence across the Indian subcontinent and has been actively engaging in efforts to enhance its product portfolio and market reach. Any recent major developments specific to the company, such as new product launches or strategic partnerships, are not available from the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Ramco Industries Ltd reported a total income of ₹347.49 crores. This figure represents a slight decline of 2.5% compared to the previous quarter (Q2FY25), where the total income was ₹356.34 crores. However, when compared to the same quarter in the previous year (Q3FY24), there is an increase of 3.3% from ₹336.49 crores. The year-over-year growth indicates a positive trend in revenue despite the quarter-over-quarter decline. The revenue figures reflect the company's ability to sustain its income levels over the year while facing short-term fluctuations.
Profitability
The company's profitability metrics for Q3FY25 reveal a profit before tax (PBT) of ₹27.18 crores, showing a reduction of 16.5% from the previous quarter's ₹32.55 crores. Nevertheless, this represents a 34.0% increase compared to the ₹20.29 crores recorded in Q3FY24. The tax expense for Q3FY25 was ₹11.56 crores, which is significantly lower by 40.4% from Q2FY25's ₹19.40 crores. Compared to Q3FY24, the tax figure is higher by 56.9% from ₹7.37 crores. Consequently, the profit after tax (PAT) saw a substantial increase to ₹88.89 crores, marking a significant quarter-over-quarter rise of 426.6% from ₹16.88 crores and a year-over-year surge of 237.0% from ₹26.38 crores. The earnings per share (EPS) followed this upward trend, increasing to ₹10.30, up 415.0% from the previous quarter and 221.9% from the same quarter last year.
Operating Metrics
Analyzing the operating metrics, total expenses for Ramco Industries Ltd in Q3FY25 stood at ₹320.31 crores. This represents a 1.1% decrease from the previous quarter's expenses of ₹323.79 crores. When compared to Q3FY24, the expenses have risen slightly by 1.3% from ₹316.20 crores. The modest decrease in expenses quarter-over-quarter suggests some level of cost management or adjustments in operational expenditures. The operating metrics indicate a focus on maintaining efficiency in operations, reflected in the marginal changes in expense levels while supporting profitability growth. The evaluation of trends in total income and expenses provides insights into the company's operational dynamics over the quarters.
