Sandhar Technologies Limited's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Sandhar Technologies Limited reported a 1.6% 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 9.3%.
- Its expenses for the quarter were down by 0.5% QoQ and up 9.7% YoY.
- The net profit decreased 25.2% QoQ and increased 18.1% YoY.
- The earnings per share (EPS) of Sandhar Technologies Limited stood at 5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 974.44 | 989.95 | 891.80 | -1.6% | 9.3% |
Total Expenses | 936.36 | 941.30 | 853.76 | -0.5% | 9.7% |
Profit Before Tax | 38.08 | 50.05 | 38.03 | -23.9% | 0.1% |
Tax | 11.90 | 10.03 | 13.30 | 18.6% | -10.5% |
Profit After Tax | 29.95 | 40.02 | 25.37 | -25.2% | 18.1% |
Earnings Per Share | 5.00 | 6.70 | 4.20 | -25.4% | 19.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sandhar Technologies Limited is a prominent player in the automotive industry, predominantly engaged in the manufacturing and supply of a wide array of components and systems for the automotive sector. The company's product portfolio includes automotive locking systems, rearview mirrors, door handles, and other essential automotive components. Sandhar Technologies serves both domestic and international markets, catering to a diverse clientele including major automotive OEMs. As of the latest updates in 2023, the company continues to focus on innovation and expanding its product offerings, although specific recent developments are not detailed in the provided data.
Revenue
In Q3FY25, Sandhar Technologies Limited reported a total income of ₹974.44 crores, reflecting a quarter-over-quarter (QoQ) decrease of 1.6% from ₹989.95 crores in Q2FY25. Year-over-year (YoY), there was an increase of 9.3% compared to the ₹891.80 crores recorded in Q3FY24. This data suggests that while the company experienced a slight dip in revenue compared to the previous quarter, it has achieved solid growth over the past year. The trend indicates a positive annual trajectory despite short-term fluctuations.
Profitability
The Profit Before Tax (PBT) for Q3FY25 stood at ₹38.08 crores, representing a significant decline of 23.9% QoQ from ₹50.05 crores in Q2FY25. However, the YoY comparison shows a marginal increase of 0.1% from ₹38.03 crores in Q3FY24. The Profit After Tax (PAT) was ₹29.95 crores, which indicates a 25.2% decline QoQ from ₹40.02 crores, yet an 18.1% increase YoY from ₹25.37 crores. The Earnings Per Share (EPS) for the quarter was ₹5.00, down from ₹6.70 in the previous quarter but up from ₹4.20 in the same period last year, marking a YoY increase of 19.0%.
Operating Metrics
Sandhar Technologies Limited's total expenses in Q3FY25 were ₹936.36 crores, showing a slight decrease of 0.5% QoQ from ₹941.30 crores in Q2FY25, while on a YoY basis, there was an increase of 9.7% from ₹853.76 crores in Q3FY24. The tax for the quarter was ₹11.90 crores, which increased by 18.6% QoQ from ₹10.03 crores but decreased by 10.5% YoY from ₹13.30 crores. These operating metrics highlight the company's cost management efforts and tax obligations, which have fluctuated over the short and long term. The data shows varying trends in expense management and tax payments, reflecting both operational efficiencies and financial strategies over different periods.
