Technocraft Industries (India) Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Technocraft Industries (India) Ltd reported a 2.0% 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 20.9%.
- Its expenses for the quarter were up by 3.8% QoQ and 29.7% YoY.
- The net profit decreased 41.8% QoQ and decreased 32.1% YoY.
- The earnings per share (EPS) of Technocraft Industries (India) Ltd stood at 18 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 650.56 | 663.84 | 538.27 | -2.0% | 20.9% |
Total Expenses | 592.74 | 570.94 | 456.99 | 3.8% | 29.7% |
Profit Before Tax | 57.82 | 92.91 | 81.28 | -37.8% | -28.9% |
Tax | 16.38 | 21.70 | 19.71 | -24.5% | -16.9% |
Profit After Tax | 41.43 | 71.21 | 61.06 | -41.8% | -32.1% |
Earnings Per Share | 18.00 | 30.20 | 25.40 | -40.4% | -29.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Technocraft Industries (India) Ltd operates within the manufacturing sector, providing a variety of industrial products. The company is primarily engaged in the production of drum closures, scaffolding systems, and textile-related products. It has a diversified business model that includes the manufacturing and distribution of products that cater to various industrial needs both domestically and internationally. While specific recent developments for Technocraft Industries are not available, the company is known for its commitment to innovation and quality in its offerings, contributing to its reputation in the industry.
Revenue
In Q3FY25, Technocraft Industries reported total income of ₹650.56 crores. This represents a 2.0% decrease from the previous quarter (Q2FY25), where the total income stood at ₹663.84 crores. However, on a year-over-year basis, there was a notable increase of 20.9% compared to Q3FY24, which recorded a total income of ₹538.27 crores. This growth in total income over the year highlights an upward trend in the company's revenue generation capabilities, despite the slight quarter-over-quarter decline.
Profitability
The profitability of Technocraft Industries saw a decline in Q3FY25, with the Profit Before Tax (PBT) amounting to ₹57.82 crores, down from ₹92.91 crores in Q2FY25, indicating a 37.8% decrease quarter-over-quarter. When compared to Q3FY24, where the PBT was ₹81.28 crores, there's a year-over-year decrease of 28.9%. The Profit After Tax (PAT) for Q3FY25 was ₹41.43 crores, which marks a decline of 41.8% from the prior quarter and a 32.1% decrease from the same quarter in the previous year. The Earnings Per Share (EPS) also followed a similar trend, at ₹18.00 in Q3FY25, down from ₹30.20 in Q2FY25 and ₹25.40 in Q3FY24, showing a decrease of 40.4% QoQ and 29.1% YoY.
Operating Metrics
Total expenses for Technocraft Industries in Q3FY25 were ₹592.74 crores, marking a 3.8% increase from Q2FY25's total expenses of ₹570.94 crores. Comparing this with Q3FY24, which had expenses amounting to ₹456.99 crores, there is a significant increase of 29.7% year-over-year. The tax expense for Q3FY25 was ₹16.38 crores, showing a reduction of 24.5% from the previous quarter and a decrease of 16.9% from the same period last year. These figures reflect the company's operational expenditure dynamics and tax obligations within the given periods.
