Transformers & Rectifiers India Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- Transformers & Rectifiers India Ltd reported a 20.1% 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 53.2%.
- Its expenses for the quarter were up by 20.9% QoQ and 41.1% YoY.
- The net profit increased 20.9% QoQ and increased 251.3% YoY.
- The earnings per share (EPS) of Transformers & Rectifiers India Ltd stood at 3.7 during Q3FY25.
Financial Statments for Q2FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 568.32 | 473.31 | 371.02 | 20.1% | 53.2% |
Total Expenses | 494.59 | 409.23 | 350.44 | 20.9% | 41.1% |
Profit Before Tax | 73.73 | 64.08 | 20.58 | 15.1% | 258.3% |
Tax | 18.25 | 18.17 | 4.86 | 0.4% | 275.5% |
Profit After Tax | 54.74 | 45.26 | 15.58 | 20.9% | 251.3% |
Earnings Per Share | 3.70 | 3.00 | 1.10 | 23.3% | 236.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Transformers & Rectifiers India Ltd is a prominent player in the electrical equipment industry. It primarily engages in the design, manufacturing, and supply of transformers, rectifiers, switchgear products, and transformer components. The company's products are widely used in sectors such as power generation, transmission and distribution, industrial applications, and renewable energy. It is essential to note that recent major developments or significant events pertaining to Transformers & Rectifiers India Ltd were not available at the time of this analysis.
Revenue
During the third quarter of the fiscal year 2025, Transformers & Rectifiers India Ltd reported a total income of ₹568.32 crores. This represents a substantial increase of 20.1% from the previous quarter (Q2FY25), where the total income stood at ₹473.31 crores. Furthermore, when compared to the same quarter in the previous fiscal year (Q3FY24), the total income has grown by an impressive 53.2%, up from ₹371.02 crores.
Profitability
The company's profitability metrics show notable improvements. The profit before tax for Q3FY25 came in at ₹73.73 crores, up by 15.1% from Q2FY25 and by a significant 258.3% from Q3FY24. After accounting for tax expenses, the profit after tax for Q3FY25 was ₹54.74 crores, marking a 20.9% increase from the previous quarter and a 251.3% increase year over year. The earning per share also rose by 23.3% quarter over quarter and 236.4% year over year, reaching ₹3.70 in Q3FY25.
Operating Metrics
The operating metrics highlight the company's cost structure and efficiency. The total expenses for Q3FY25 were ₹494.59 crores, a 20.9% increase from Q2FY25 and a 41.1% increase from Q3FY24. Meanwhile, the tax expenses for the same quarter were ₹18.25 crores, which is only 0.4% higher than the previous quarter but a hefty 275.5% higher than the same quarter of the previous year.
Margins
Margins provide insight into a company's profitability. While specific margin ratios are not provided in the data, the substantial increases in profit before tax, profit after tax, and earnings per share, suggest that Transformers & Rectifiers India Ltd may be experiencing improved profitability margins. It's also noteworthy that while the total income and total expenses both saw significant increases, the growth rate of total income outpaced that of total expenses, indicating potential gains in operational efficiency. It should be noted that these observations would require further analysis and validation with specific margin ratios.
