SRM Contractors Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- SRM Contractors Ltd reported a 56.9% 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 74.2%.
- Its expenses for the quarter were up by 57.2% QoQ and 59.5% YoY.
- The net profit increased 54.6% QoQ and increased 310.3% YoY.
- The earnings per share (EPS) of SRM Contractors Ltd stood at 7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 153.82 | 98.06 | 88.29 | 56.9% | 74.2% |
Total Expenses | 132.52 | 84.31 | 83.08 | 57.2% | 59.5% |
Profit Before Tax | 21.29 | 13.76 | 5.22 | 54.7% | 307.9% |
Tax | 5.29 | 3.41 | 1.31 | 55.1% | 303.8% |
Profit After Tax | 16.00 | 10.35 | 3.90 | 54.6% | 310.3% |
Earnings Per Share | 7.00 | 18.00 | 2.30 | -61.1% | 204.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
SRM Contractors Ltd is a company involved in the contracting industry, which typically includes activities such as construction, infrastructure development, or specialized contracting services. As of the date of this report, specific details about their main products or services, as well as any recent major developments, are not explicitly provided. Understanding the specific niche within the contracting industry or any strategic developments would require further information beyond the data provided.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), SRM Contractors Ltd reported a total income of ₹153.82 crores. This marks a significant increase of 56.9% compared to the previous quarter (Q2FY25) where the total income was ₹98.06 crores. Additionally, when compared to the same quarter in the previous fiscal year (Q3FY24), there is a notable year-over-year increase of 74.2%, with the income in Q3FY24 recorded at ₹88.29 crores. These figures highlight a substantial growth in revenue generation over both quarterly and annual periods.
Profitability
The profitability of SRM Contractors Ltd has shown marked improvement in Q3FY25. The profit before tax (PBT) reached ₹21.29 crores, reflecting a quarter-over-quarter increase of 54.7% from ₹13.76 crores in Q2FY25, and a year-over-year increase of 307.9% from ₹5.22 crores in Q3FY24. After accounting for taxes, the profit after tax (PAT) for Q3FY25 stood at ₹16.00 crores, up 54.6% QoQ from ₹10.35 crores in Q2FY25, and up 310.3% YoY from ₹3.90 crores in Q3FY24. These metrics indicate a strong improvement in profitability over both periods, despite the tax expense growing by similar percentages (55.1% QoQ and 303.8% YoY).
Operating Metrics
The total expenses for SRM Contractors Ltd in Q3FY25 were ₹132.52 crores, which represents a 57.2% increase from ₹84.31 crores in Q2FY25 and a 59.5% increase from ₹83.08 crores in Q3FY24. These figures suggest that while the company experienced a significant increase in revenue, expenses also rose considerably during the same periods. The earnings per share (EPS) for Q3FY25 was reported at ₹7.00, which is a decline of 61.1% from ₹18.00 in Q2FY25, but an increase of 204.3% from ₹2.30 in Q3FY24. The decline in EPS on a QoQ basis could be attributed to factors not specified in the provided data.
