Tega Industries Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Tega Industries Ltd reported a 14.7% 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 21.3%.
- Its expenses for the quarter were down by 0.6% QoQ and up 14.6% YoY.
- The net profit increased 651.4% QoQ and increased 52.3% YoY.
- The earnings per share (EPS) of Tega Industries Ltd stood at 8.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 420.62 | 366.79 | 346.73 | 14.7% | 21.3% |
Total Expenses | 350.13 | 352.37 | 305.59 | -0.6% | 14.6% |
Profit Before Tax | 70.49 | 14.42 | 41.14 | 388.8% | 71.3% |
Tax | 17.36 | 8.58 | 6.38 | 102.3% | 172.1% |
Profit After Tax | 54.25 | 7.22 | 35.62 | 651.4% | 52.3% |
Earnings Per Share | 8.20 | 1.10 | 5.30 | 645.5% | 54.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Tega Industries Ltd is a prominent player in the manufacturing sector, primarily engaged in the production and supply of consumables and equipment for the mining and mineral processing industries. The company is known for its innovative engineering solutions and its comprehensive range of products, which include mill liners, hydrocyclones, and screens, among others. As of the latest available data, the company has been focusing on expanding its market presence and enhancing its product offerings to cater to the evolving needs of the mining sector. While comprehensive information about recent major developments is not available, Tega Industries continues to leverage its expertise in providing solutions that enhance operational efficiency and productivity in the mining industry.
Revenue
In the third quarter of the fiscal year 2025, Tega Industries Ltd reported a total income of ₹420.62 crores, representing a significant increase from the previous quarter's total income of ₹366.79 crores. This marks a quarter-over-quarter growth of 14.7%. Compared to the same quarter in the previous fiscal year (Q3FY24), the total income grew by 21.3%, when it was ₹346.73 crores. This year-over-year increase indicates robust topline growth for the company over the past year. The substantial rise in total income both on a quarterly and yearly basis highlights the company's ability to enhance its revenue streams effectively over time.
Profitability
Tega Industries Ltd demonstrated a notable improvement in profitability during Q3FY25. The company achieved a profit before tax of ₹70.49 crores, significantly higher than the ₹14.42 crores recorded in the previous quarter, reflecting a remarkable quarter-over-quarter growth of 388.8%. When compared to Q3FY24, where the profit before tax was ₹41.14 crores, the year-over-year growth stands at 71.3%. After accounting for taxes amounting to ₹17.36 crores, the profit after tax for Q3FY25 was ₹54.25 crores, a substantial increase from ₹7.22 crores in Q2FY25, representing a 651.4% QoQ growth. The YoY growth for profit after tax is 52.3% from the previous year's ₹35.62 crores. The earnings per share (EPS) also rose significantly from ₹1.10 in Q2FY25 to ₹8.20 in Q3FY25, and from ₹5.30 in Q3FY24, indicating strong profitability growth.
Operating Metrics
Analyzing the operating metrics of Tega Industries Ltd, total expenses for Q3FY25 were ₹350.13 crores, slightly down from ₹352.37 crores in Q2FY25, reflecting a marginal decline of 0.6% quarter-over-quarter. However, there is a 14.6% increase in expenses compared to Q3FY24, where expenses were ₹305.59 crores. Despite the increase in expenses year-over-year, the company managed to significantly enhance its profitability, as evidenced by the sharp rise in profit before and after tax. This suggests effective cost management strategies have been implemented, allowing the company to sustain its growth in income while controlling expense increases. The financial data demonstrates the company's operational efficiency in managing its resources to drive profitability.
