RattanIndia Power Ltd's Q3FY25 Quarter Results
- 23 Jan 2025
Result Summary
- RattanIndia Power Ltd reported a 6.9% 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 decline of 7.2%.
- Its expenses for the quarter were up by 6.1% QoQ and down 43.9% YoY.
- The net profit decreased 420.7% QoQ and decreased 100.7% YoY.
- The earnings per share (EPS) of RattanIndia Power Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 824.24 | 771.39 | 888.30 | 6.9% | -7.2% |
Total Expenses | 819.91 | 772.74 | 1460.30 | 6.1% | -43.9% |
Profit Before Tax | 4.33 | -1.35 | -572.00 | -420.7% | -100.8% |
Tax | 0.00 | 0.00 | 14.97 | - | -100.0% |
Profit After Tax | 4.33 | -1.35 | -586.97 | -420.7% | -100.7% |
Earnings Per Share | 0.00 | 0.00 | -1.10 | - | -100.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
RattanIndia Power Ltd is a company operating in the power sector, primarily engaged in the generation and sale of electricity. It is part of the larger RattanIndia Group, which has diversified interests in sectors such as power, finance, and infrastructure. RattanIndia Power focuses on thermal power generation, with its key asset being the Amravati Thermal Power Project located in Maharashtra, India. This project, with a substantial generation capacity, plays a critical role in the company's operations. As of the latest updates, there are no major new developments or shifts in strategic focus that have been publicly disclosed. However, the company continues to manage its operations amidst the dynamic energy market landscape.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), RattanIndia Power Ltd reported a total income of ₹824.24 crores. This represents a quarter-over-quarter (QoQ) increase of 6.9% from ₹771.39 crores in Q2FY25. However, when compared year-over-year (YoY) to Q3FY24, there is a decrease of 7.2% from ₹888.30 crores. The revenue trajectory suggests fluctuations in the company's income generation capabilities over the past quarters. The comparison reflects the company's ability to recover from a lower base in the previous quarter while still managing a downward trend compared to the same period last year.
Profitability
RattanIndia Power Ltd has shown a significant improvement in profitability metrics in Q3FY25. The company recorded a profit before tax (PBT) of ₹4.33 crores, a substantial turnaround from a negative PBT of ₹-1.35 crores in Q2FY25. This change represents a QoQ improvement of 420.7%. Compared to Q3FY24, when the company faced a loss before tax of ₹-572.00 crores, the YoY change is also notably positive, at 100.8%. The profit after tax (PAT) mirrors this trend, with a reported PAT of ₹4.33 crores in Q3FY25, compared to losses in both the previous quarter and the same quarter last year. Earnings per share (EPS) remained at ₹0.00, indicating no declared earnings to shareholders for this period.
Operating Metrics
The total expenses for RattanIndia Power Ltd in Q3FY25 amounted to ₹819.91 crores. This figure is 6.1% higher on a QoQ basis, compared to ₹772.74 crores in Q2FY25. However, on a YoY basis, there is a significant decrease of 43.9% from ₹1460.30 crores in Q3FY24, indicating a substantial reduction in operating costs. The absence of tax charges in both Q3FY25 and Q2FY25 contrasts with a tax expense of ₹14.97 crores in Q3FY24. These operational figures highlight key aspects of cost management and tax liabilities over the period, showing a shift in the fiscal management strategies of RattanIndia Power Ltd.
