Uravi T and Wedge Lamps Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- Uravi T and Wedge Lamps Ltd reported a 7.1% 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 - of -.
- Its expenses for the quarter were down by 6.7% QoQ and - - YoY.
- The net profit increased 102.9% QoQ and - - YoY.
- The earnings per share (EPS) of Uravi T and Wedge Lamps Ltd stood at 0.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 10.39 | 11.19 | 0.00 | -7.1% | - |
Total Expenses | 10.03 | 10.75 | 0.00 | -6.7% | - |
Profit Before Tax | 0.36 | 0.45 | - | -20.0% | NaN% |
Tax | 0.09 | 0.14 | 0.00 | -35.7% | - |
Profit After Tax | 0.71 | 0.35 | 0.00 | 102.9% | - |
Earnings Per Share | 0.60 | 0.30 | 0.00 | 100.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Uravi T and Wedge Lamps Ltd is a company engaged in the manufacture and sale of automotive lighting products. The company primarily focuses on producing wedge base lamps, auto bulbs, and other related lighting solutions for the automotive industry. Uravi T and Wedge Lamps Ltd operates within the automotive components sector, which is characterized by its sensitivity to changes in the automotive industry and consumer demand for vehicles. As of the information available, there are no recent major developments disclosed related to the company's operations or strategic initiatives. The company has been striving to maintain its position in a competitive market by focusing on product quality and customer satisfaction. However, specific recent events or acquisitions have not been detailed in public records.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Uravi T and Wedge Lamps Ltd reported a total income of ₹10.39 crores. This represents a decrease of 7.1% compared to the previous quarter, Q2FY25, where the total income was ₹11.19 crores. Year-over-year (YoY) comparison with Q3FY24 is not possible due to the unavailability of the data for Q3FY24. The decrease in revenue on a quarter-over-quarter (QoQ) basis is a notable aspect of the financial performance for this quarter. The revenue figures indicate a downward trend when compared to the immediate preceding quarter.
Profitability
For Q3FY25, Uravi T and Wedge Lamps Ltd achieved a profit before tax of ₹0.36 crores, which marks a 20.0% decrease from Q2FY25's profit before tax of ₹0.45 crores. The tax expense for Q3FY25 was ₹0.09 crores, down from ₹0.14 crores in Q2FY25, resulting in a reduction of 35.7%. Despite the decrease in both pre-tax profit and tax expenses, the company's profit after tax (PAT) saw a significant increase to ₹0.71 crores from ₹0.35 crores in the previous quarter, representing a 102.9% rise. This substantial increase in PAT is attributed to the lower tax outlay and effective cost management. Earnings per share (EPS) also doubled from ₹0.30 to ₹0.60, showing a 100.0% growth QoQ.
Operating Metrics
Examining the operating metrics for Uravi T and Wedge Lamps Ltd reveals that total expenses for Q3FY25 stood at ₹10.03 crores, reflecting a 6.7% decrease from ₹10.75 crores in Q2FY25. The reduction in expenses aligns with the downward trend in total income but has a lesser impact on profitability due to the higher reduction in tax and other operational efficiencies. The company's financial data for Q3FY24 is not available, preventing a comprehensive year-over-year analysis. However, the quarter-over-quarter analysis indicates a focus on cost control measures. The trends observed in the financial data suggest an emphasis on maintaining operational efficiency despite revenue challenges.
