S & S Power Switchgear Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- S & S Power Switchgear Ltd reported a 29.1% 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 decline of 16.8%.
- Its expenses for the quarter were down by 16.1% QoQ and 2.1% YoY.
- The net profit decreased 237.5% QoQ and decreased 254.4% YoY.
- The earnings per share (EPS) of S & S Power Switchgear Ltd declined at 4.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 39.29 | 55.38 | 47.21 | -29.1% | -16.8% |
Total Expenses | 42.87 | 51.11 | 43.80 | -16.1% | -2.1% |
Profit Before Tax | -4.90 | 4.26 | 3.40 | -215.0% | -244.1% |
Tax | 0.37 | 0.42 | -0.03 | -11.9% | -1333.3% |
Profit After Tax | -5.28 | 3.84 | 3.42 | -237.5% | -254.4% |
Earnings Per Share | -4.30 | 3.10 | 5.50 | -238.7% | -178.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
S & S Power Switchgear Ltd is a company operating within the electrical equipment industry, focusing on the manufacturing and supply of switchgear products. These products are essential components in the management and distribution of electrical power. While specific recent developments regarding the company are not provided in the dataset, the industry itself is often influenced by factors such as technological advancements, regulatory changes, and shifts in energy consumption patterns. The company presumably aims to serve sectors such as utilities, industrial, and commercial entities that require robust electrical infrastructure solutions.
Revenue
For the quarter ending in Q3FY25, S & S Power Switchgear Ltd reported total income of ₹39.29 crores. This represents a decline of 29.1% from the previous quarter (Q2FY25) and a decrease of 16.8% from the same quarter in the previous year (Q3FY24). This decline in revenue over both periods signifies a substantial reduction in the company’s income generation capabilities within the assessed timeframe. The revenue figures for the prior quarters were ₹55.38 crores in Q2FY25 and ₹47.21 crores in Q3FY24, respectively.
Profitability
The company's profitability metrics show a marked downturn in Q3FY25. The profit before tax was reported at a loss of ₹4.90 crores, a stark contrast to the profit of ₹4.26 crores in Q2FY25 and ₹3.40 crores in Q3FY24. This shift reflects a quarter-over-quarter decline of 215.0% and a year-over-year decline of 244.1%. After accounting for taxes, the profit after tax also resulted in a loss of ₹5.28 crores compared to profits of ₹3.84 crores in the previous quarter and ₹3.42 crores in the previous year, marking declines of 237.5% QoQ and 254.4% YoY. The earnings per share (EPS) followed a similar pattern, showing a negative value of ₹-4.30 for Q3FY25, down from ₹3.10 in Q2FY25 and ₹5.50 in Q3FY24, representing declines of 238.7% and 178.2%, respectively.
Operating Metrics
The financial data for S & S Power Switchgear Ltd indicates total expenses amounted to ₹42.87 crores in Q3FY25, down from ₹51.11 crores in Q2FY25 and marginally lower than ₹43.80 crores in Q3FY24. This reflects a quarter-over-quarter decrease of 16.1% and a year-over-year decrease of 2.1%. The tax expense stood at ₹0.37 crores in Q3FY25, slightly down from ₹0.42 crores in Q2FY25 but significantly higher compared to a tax credit of ₹-0.03 crores in Q3FY24. These figures highlight the company’s cost management and tax liabilities during the respective quarters. Further analysis would typically involve exploring operational efficiencies, cost-saving measures, and the impact of external economic factors on these expenses.
