Remsons Industries Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Remsons Industries Ltd reported a 10.6% 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 growth of 23.4%.
- Its expenses for the quarter were up by 7.8% QoQ and 22.4% YoY.
- The net profit increased 27.2% QoQ and increased 16.7% YoY.
- The earnings per share (EPS) of Remsons Industries Ltd stood at 1.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 102.79 | 92.91 | 83.28 | 10.6% | 23.4% |
Total Expenses | 95.66 | 88.72 | 78.18 | 7.8% | 22.4% |
Profit Before Tax | 6.40 | 4.19 | 4.69 | 52.7% | 36.5% |
Tax | 1.66 | 1.20 | 1.28 | 38.3% | 29.7% |
Profit After Tax | 3.98 | 3.13 | 3.41 | 27.2% | 16.7% |
Earnings Per Share | 1.10 | 0.90 | 6.00 | 22.2% | -81.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Remsons Industries Ltd is a company known for its manufacturing and distribution operations, primarily in the automotive sector. The company specializes in producing components such as control cables, gear shifters, and other related automotive products. Operating in a competitive industry, Remsons Industries caters to both domestic and international markets, supplying products to original equipment manufacturers (OEMs) and the aftermarket. Recent developments within the company or detailed information about their strategic initiatives are not provided in the current dataset.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Remsons Industries Ltd reported a total income of ₹102.79 crores. This reflects a quarter-over-quarter (QoQ) increase of 10.6% compared to the previous quarter (Q2FY25), where the total income was ₹92.91 crores. Year-over-year (YoY), the total income has grown by 23.4% from Q3FY24, when the company recorded ₹83.28 crores. This upward trend in revenue indicates a robust performance in the given period, with significant growth observed both sequentially and annually.
Profitability
Profitability metrics for Remsons Industries Ltd in Q3FY25 show a positive trajectory. The company achieved a profit before tax (PBT) of ₹6.40 crores, marking a substantial QoQ increase of 52.7% from ₹4.19 crores in Q2FY25, and a YoY rise of 36.5% from ₹4.69 crores in Q3FY24. The tax expense for Q3FY25 was ₹1.66 crores, which increased by 38.3% QoQ and 29.7% YoY. Consequently, the profit after tax (PAT) for Q3FY25 was ₹3.98 crores, representing a QoQ growth of 27.2% from ₹3.13 crores and a YoY increase of 16.7% compared to ₹3.41 crores. The earnings per share (EPS) stood at ₹1.10, showing a QoQ growth of 22.2% but a significant YoY decline of 81.7% from ₹6.00 in Q3FY24.
Operating Metrics
The operating metrics for the third quarter of fiscal year 2025 reveal that Remsons Industries Ltd had total expenses amounting to ₹95.66 crores. This figure represents a 7.8% increase QoQ from ₹88.72 crores in Q2FY25, and a 22.4% increase YoY from ₹78.18 crores in Q3FY24. The data highlights a consistent rise in the company's expenditures, aligning with the growth in total income. The financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio are not provided in the dataset, therefore, they cannot be calculated at this time. The analysis indicates that the company is experiencing an upward trajectory in both revenue and expenses, with profitability metrics showing improved margins over the period.
