Samvardhana Motherson International Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Samvardhana Motherson International Ltd reported a 1.0% 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 7.9%.
- Its expenses for the quarter were down by 1.7% QoQ and up 6.4% YoY.
- The net profit increased 3.7% QoQ and increased 55.4% YoY.
- The earnings per share (EPS) of Samvardhana Motherson International Ltd stood at 1.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 27777.12 | 28071.10 | 25752.26 | -1.0% | 7.9% |
Total Expenses | 26558.61 | 27012.92 | 24964.60 | -1.7% | 6.4% |
Profit Before Tax | 1218.51 | 1058.18 | 786.80 | 15.2% | 54.9% |
Tax | 337.32 | 293.60 | 217.60 | 14.9% | 55.0% |
Profit After Tax | 984.35 | 948.81 | 633.30 | 3.7% | 55.4% |
Earnings Per Share | 1.30 | 1.30 | 0.80 | 0.0% | 62.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Samvardhana Motherson International Ltd is a prominent player in the automotive industry, primarily engaged in the manufacturing of automotive components. The company is known for its diverse range of products, including wiring harnesses, rearview mirrors, polymer parts, and other key automotive components. As an integral supplier to the automotive sector, Samvardhana Motherson serves major automotive manufacturers across the globe. The company has been actively involved in expanding its market presence through strategic acquisitions and collaborations. However, specific recent developments beyond October 2023 are not available within the given data.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), Samvardhana Motherson International Ltd reported a total income of ₹27,777.12 crores. This figure reflects a slight quarter-over-quarter (QoQ) decline of 1.0% from ₹28,071.10 crores in the second quarter of the fiscal year 2025 (Q2FY25). However, on a year-over-year (YoY) basis, the company experienced a 7.9% increase in total income compared to ₹25,752.26 crores in the third quarter of the fiscal year 2024 (Q3FY24). These changes in revenue illustrate the company's performance within the context of the automotive industry's broader economic factors and trends.
Profitability
Samvardhana Motherson International Ltd's profitability metrics for Q3FY25 indicate a profit before tax of ₹1,218.51 crores, which is a 15.2% increase from ₹1,058.18 crores in Q2FY25. The YoY growth is even more significant, showing a 54.9% rise from ₹786.80 crores in Q3FY24. The company's profit after tax for Q3FY25 stands at ₹984.35 crores, reflecting a 3.7% QoQ growth from ₹948.81 crores in Q2FY25 and a substantial 55.4% increase from ₹633.30 crores YoY. The tax expense for the quarter was ₹337.32 crores, representing a 14.9% increase from the previous quarter and a 55.0% rise from the corresponding quarter in the previous year.
Operating Metrics
The earnings per share (EPS) remained stable at ₹1.30 for both Q3FY25 and Q2FY25, indicating no change over the quarter. However, there is a notable increase of 62.5% compared to an EPS of ₹0.80 in Q3FY24. This stability in EPS QoQ, coupled with the significant YoY growth, highlights the company's operational performance and capacity to generate shareholder value. Total expenses for Q3FY25 were ₹26,558.61 crores, a decrease of 1.7% from Q2FY25's ₹27,012.92 crores, while demonstrating a 6.4% increase from ₹24,964.60 crores in Q3FY24. The reduction in quarterly expenses indicates effective cost management strategies within the company.
