Sona BLW Precision Forgings Ltd's Q3FY25 Quarter Results
- 24 Jan 2025
Result Summary
- Sona BLW Precision Forgings Ltd reported a 3.3% 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 17.0%.
- Its expenses for the quarter were down by 5.0% QoQ and up 15.3% YoY.
- The net profit increased 5.0% QoQ and increased 12.8% YoY.
- The earnings per share (EPS) of Sona BLW Precision Forgings Ltd stood at 2.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 914.76 | 946.12 | 781.56 | -3.3% | 17.0% |
Total Expenses | 706.06 | 743.33 | 612.52 | -5.0% | 15.3% |
Profit Before Tax | 203.00 | 191.78 | 169.04 | 5.9% | 20.1% |
Tax | 52.29 | 48.20 | 35.44 | 8.5% | 47.5% |
Profit After Tax | 150.71 | 143.57 | 133.60 | 5.0% | 12.8% |
Earnings Per Share | 2.40 | 2.40 | 2.30 | 0.0% | 4.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sona BLW Precision Forgings Ltd is a prominent player in the automotive components industry, specializing in precision forging and manufacturing of products primarily for the automotive sector. The company is known for its advanced technology and innovation in automotive systems and components, which includes a wide range of products such as gears, differential assemblies, and other critical components used in vehicles. Sona BLW's products cater to a global clientele and it has established a strong presence in both domestic and international markets. As an industry leader, the company is committed to maintaining high standards in product quality and customer service.
Revenue
The total income for Sona BLW Precision Forgings Ltd in Q3FY25 was ₹914.76 crores, marking a decrease of 3.3% from the previous quarter (Q2FY25) where the total income was ₹946.12 crores. However, when compared to the same quarter in the previous year (Q3FY24), there was a substantial increase of 17.0%, with Q3FY24 reporting a total income of ₹781.56 crores. This year-over-year increase highlights a positive growth trajectory in the company's revenue streams, despite a minor quarter-over-quarter decline. The total income reflects the company's sales performance and revenue-generating capabilities within its operational markets.
Profitability
Sona BLW Precision Forgings Ltd reported a Profit Before Tax (PBT) of ₹203.00 crores in Q3FY25, which shows an increase of 5.9% from the previous quarter's PBT of ₹191.78 crores. On a year-over-year basis, the PBT increased by 20.1% from ₹169.04 crores in Q3FY24. The company paid taxes amounting to ₹52.29 crores in Q3FY25, a rise of 8.5% from the previous quarter and a significant year-over-year increase of 47.5%. Consequently, the Profit After Tax (PAT) for Q3FY25 was ₹150.71 crores, reflecting a 5.0% increase over the previous quarter's PAT of ₹143.57 crores and a 12.8% increase over the ₹133.60 crores reported in Q3FY24. Earnings Per Share (EPS) remained stable at ₹2.40 compared to the previous quarter, but it saw a 4.3% increase from ₹2.30 in Q3FY24.
Operating Metrics
The total expenses for Sona BLW Precision Forgings Ltd in Q3FY25 were reported at ₹706.06 crores, showing a decrease of 5.0% from ₹743.33 crores in Q2FY25. Compared to the same quarter in the previous year, expenses increased by 15.3% from ₹612.52 crores in Q3FY24. This indicates changes in the company's cost structure or operational activities over these periods. The operating metrics such as expenses are crucial for understanding the company's operational efficiency and cost management strategies. The decrease in expenses from the preceding quarter, combined with increased profitability, suggests effective operational management during the quarter under review.
