W S Industries (India) Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- W S Industries (India) Ltd reported a 6.5% 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 decline of 39.4%.
- Its expenses for the quarter were up by 21.6% QoQ and down 26.7% YoY.
- The net profit decreased 712.1% QoQ and decreased 270.3% YoY.
- The earnings per share (EPS) of W S Industries (India) Ltd declined at 4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 67.00 | 62.90 | 110.53 | 6.5% | -39.4% |
Total Expenses | 70.82 | 58.26 | 96.61 | 21.6% | -26.7% |
Profit Before Tax | -3.81 | 4.64 | 13.91 | -182.1% | -127.4% |
Tax | 19.87 | 0.77 | 0.00 | 2480.5% | - |
Profit After Tax | -23.69 | 3.87 | 13.91 | -712.1% | -270.3% |
Earnings Per Share | -4.00 | 0.60 | 2.80 | -766.7% | -242.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
W S Industries (India) Ltd is a company engaged primarily in the manufacturing and sale of electrical porcelain insulators. As a part of the electrical industry, the company provides products and solutions that are integral to power transmission and distribution networks. Electrical insulators are critical components in ensuring the safe and efficient operation of electrical infrastructure. At present, no specific recent major developments about W S Industries (India) Ltd have been noted from the data provided.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), W S Industries (India) Ltd reported a total income of ₹67.00 crores. This reflects a quarter-over-quarter (QoQ) increase of 6.5% from the previous quarter (Q2FY25), where the total income was ₹62.90 crores. However, on a year-over-year (YoY) basis, there was a significant decline of 39.4% compared to the same quarter in the previous year (Q3FY24), when the total income stood at ₹110.53 crores. This notable reduction in revenue from the previous year highlights the differences in income generation between the periods under review.
Profitability
In Q3FY25, W S Industries (India) Ltd experienced a challenging profitability scenario. The company reported a loss before tax of ₹3.81 crores, a stark contrast to the profit before tax of ₹4.64 crores in Q2FY25, marking a QoQ decline of 182.1%. When compared to the profit before tax of ₹13.91 crores in Q3FY24, this represents a YoY decline of 127.4%. The tax expense for Q3FY25 was ₹19.87 crores, which is substantially higher than the ₹0.77 crores in Q2FY25, and there was no tax reported in Q3FY24. Consequently, the profit after tax for Q3FY25 was a loss of ₹23.69 crores, compared to a profit of ₹3.87 crores in Q2FY25 and ₹13.91 crores in Q3FY24. This resulted in an earnings per share (EPS) of -₹4.00 for Q3FY25, down from ₹0.60 in Q2FY25 and ₹2.80 in Q3FY24, reflecting significant declines both QoQ and YoY.
Operating Metrics
The total expenses for W S Industries (India) Ltd in Q3FY25 amounted to ₹70.82 crores, which signifies a 21.6% increase from the previous quarter's expenses of ₹58.26 crores. When compared to Q3FY24, where total expenses were ₹96.61 crores, there was a YoY decrease of 26.7%. The disparity between the rate of increase in expenses and the decline in income has impacted the company's operational outcomes for the quarter. Notably, the substantial rise in tax expenses further influenced the overall financial performance of the company during Q3FY25.
