Sundaram Clayton Ltd's Q3FY25 Quarter Results
- 01 Feb 2025
Result Summary
- Sundaram Clayton Ltd reported a 5.8% 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 7.1%.
- Its expenses for the quarter were down by 8.1% QoQ and 9.8% YoY.
- The net profit decreased 18.5% QoQ and decreased 29.8% YoY.
- The earnings per share (EPS) of Sundaram Clayton Ltd declined at 20.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 533.01 | 565.60 | 573.55 | -5.8% | -7.1% |
Total Expenses | 564.12 | 613.63 | 625.56 | -8.1% | -9.8% |
Profit Before Tax | -39.08 | -51.36 | -53.13 | -23.9% | -26.4% |
Tax | 5.13 | 2.99 | 9.97 | 71.6% | -48.5% |
Profit After Tax | -44.15 | -54.20 | -62.90 | -18.5% | -29.8% |
Earnings Per Share | -20.30 | -26.80 | -31.10 | -24.3% | -34.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sundaram Clayton Ltd is a prominent player in the automotive industry, primarily engaged in the manufacturing of aluminum die-cast products for the automotive and non-automotive sectors. The company is part of the larger TVS Group, which is well-known for its expertise in the auto components industry. Sundaram Clayton's key offerings include cast components for various automotive systems such as braking, transmission, and engine systems. The company operates in a competitive market, with a focus on quality and innovation to meet the stringent demands of its clients. As of the data available up to October 2023, there are no major recent developments or changes in the company's business strategy.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Sundaram Clayton Ltd recorded a total income of ₹533.01 crores. This represents a decrease from the previous quarter (Q2FY25), which stood at ₹565.60 crores, marking a quarter-over-quarter (QoQ) decline of 5.8%. When compared to the same quarter in the previous year (Q3FY24), where the total income was ₹573.55 crores, there is a year-over-year (YoY) decline of 7.1%. The reduction in total income over both periods indicates a consistent downward trend in revenue generation for the company within the period analyzed.
Profitability
The profitability metrics for Sundaram Clayton Ltd in Q3FY25 reveal a loss before tax amounting to ₹39.08 crores. This is an improvement from the loss in Q2FY25, which was ₹51.36 crores, reflecting a 23.9% reduction in the loss QoQ. Comparing this to Q3FY24, the loss before tax was higher at ₹53.13 crores, showing a YoY improvement of 26.4%. After accounting for taxes, the profit after tax in Q3FY25 was a negative ₹44.15 crores, which is an improvement from the negative ₹54.20 crores in Q2FY25, indicating an 18.5% QoQ reduction in losses. Similarly, compared to the negative ₹62.90 crores in Q3FY24, the losses reduced by 29.8% YoY. Earnings per share (EPS) followed a similar pattern, with a figure of -₹20.30 in Q3FY25, improving from -₹26.80 in Q2FY25 and -₹31.10 in Q3FY24, reflecting a QoQ improvement of 24.3% and a YoY improvement of 34.7%.
Operating Metrics
The total expenses for Sundaram Clayton Ltd in Q3FY25 amounted to ₹564.12 crores, which decreased from ₹613.63 crores in Q2FY25, showing an 8.1% reduction QoQ. In comparison to Q3FY24, where expenses were ₹625.56 crores, there is a YoY decrease of 9.8%. The taxation for the quarter was ₹5.13 crores, an increase from ₹2.99 crores in Q2FY25, representing a 71.6% growth QoQ, although it was lower than the ₹9.97 crores reported in Q3FY24, marking a 48.5% decline YoY. These operating metrics provide insight into the company's cost management and tax obligations over the analyzed period. The financial data indicates a downward trend in both income and expenses, with improvements in net loss figures and EPS.
