Urja Global Ltd's Q3FY25 Quarter Results
- 14 Jan 2025
Result Summary
- Urja Global Ltd reported a 4.5% 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 79.6%.
- Its expenses for the quarter were up by 3.6% QoQ and 90.6% YoY.
- The net profit increased 47.2% QoQ and decreased 43.6% YoY.
- The earnings per share (EPS) of Urja Global Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 20.65 | 19.77 | 11.50 | 4.5% | 79.6% |
Total Expenses | 20.11 | 19.42 | 10.55 | 3.6% | 90.6% |
Profit Before Tax | 0.53 | 0.35 | 0.94 | 51.4% | -43.6% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | 0.53 | 0.36 | 0.94 | 47.2% | -43.6% |
Earnings Per Share | 0.00 | 0.00 | 0.00 | - | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Urja Global Limited is a leading provider of renewable energy solutions, with a significant presence in the Indian market. Operating in the renewable resources industry, the company is involved in the design, consultation, manufacturing, integration and installation of solar and alternative energy systems. Its wide range of products includes solar photovoltaic modules, solar inverters, and solar street lights, among others. Notably, the company has recently experienced substantial growth and has embarked on numerous initiatives to expand its market reach. However, it should be noted that detailed information about any recent major developments was not readily available at the time of this analysis.
Revenue
The revenue of Urja Global Limited has demonstrated considerable growth, both on a year-on-year (YoY) and quarter-on-quarter (QoQ) basis. In the third quarter of the financial year 2025 (Q3FY25), the company's total income was ₹20.65 crores. This represents a 4.5% increase from the previous quarter (Q2FY25), where the total income was ₹19.77 crores. In terms of YoY growth, the company's total income increased by a substantial 79.6% from ₹11.50 crores in Q3FY24 to ₹20.65 crores in Q3FY25. This significant increase in revenue indicates a strong growth trajectory for the company.
Profitability
The overall profitability of Urja Global Limited, however, has seen some volatility. The Profit Before Tax (PBT) in Q3FY25 was ₹0.53 crores, a significant increase of 51.4% QoQ from ₹0.35 crores in Q2FY25. However, when compared on a YoY basis, the PBT declined by 43.6% from ₹0.94 crores in Q3FY24. Meanwhile, the Profit After Tax (PAT) followed a similar trend. The PAT in Q3FY25 was ₹0.53 crores, up by 47.2% from ₹0.36 crores in Q2FY25. However, it marked a 43.6% decrease from the ₹0.94 crores recorded in Q3FY24.
Operating Metrics
The operating metrics of the company reveal a similar trend. Total expenses of the company increased by 3.6% QoQ from ₹19.42 crores in Q2FY25 to ₹20.11 crores in Q3FY25. On a YoY basis, the total expenses saw a sharp rise of 90.6% from ₹10.55 crores in Q3FY24. In terms of Earnings Per Share (EPS), detailed data was not available for the period under review. Therefore, a comprehensive analysis of the EPS could not be conducted. This lack of information should be considered while evaluating the overall performance of the company.
