Astra Microwave Products Ltd's Q3FY25 Quarterly Results

Result Summary

• Astra Microwave Products Ltd reported a 12.5% 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 11.2%.
• Its expenses for the quarter were up by 3.8% QoQ and 15.1% YoY.
• The net profit increased 86.8% QoQ and increased 9.3% YoY.
• The earnings per share (EPS) of Astra Microwave Products Ltd stood at 5 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Astra Microwave Products Ltd is a leading provider in the telecommunications and defense sectors, primarily focusing on the design, development, and manufacturing of radio frequency and microwave super components and sub-systems. These products are essential in a variety of applications, including defense, space, telecommunications, and civil sectors. The company has established a significant presence in the defense sector by providing advanced technology solutions. While specific recent developments about Astra Microwave Products Ltd are not available, the company continues to maintain its reputation for innovation and quality in the industry.

Revenue

In Q3FY25, Astra Microwave Products Ltd reported a total income of ₹260.80 crores, reflecting a quarter-over-quarter (QoQ) increase of 12.5% from ₹231.79 crores in Q2FY25. The year-over-year (YoY) comparison also shows a positive trend, with a growth of 11.2% from ₹234.61 crores in Q3FY24. This consistent growth in revenue over both the quarterly and annual periods indicates a strong performance in its revenue-generating activities. The revenue figures suggest that Astra Microwave Products Ltd has maintained robust sales and possibly expanded its market reach or enhanced its product offerings during this time frame.

Profitability

Astra Microwave Products Ltd's profitability metrics for Q3FY25 demonstrate significant improvements compared to the previous quarter. The Profit Before Tax (PBT) increased by 65.4% QoQ to ₹54.00 crores from ₹32.64 crores in Q2FY25. However, on a YoY basis, there is a slight decrease of 1.7% compared to ₹54.96 crores in Q3FY24. The Profit After Tax (PAT) surged by 86.8% QoQ to ₹47.43 crores from ₹25.39 crores in the previous quarter, while YoY growth was 9.3% from ₹43.38 crores. The Earnings Per Share (EPS) also saw an increase in Q3FY25, rising to ₹5.00 from ₹2.70 in Q2FY25, marking an 85.2% QoQ growth, and an 8.7% YoY increase from ₹4.60. These financial results indicate improvements in profitability metrics on a quarterly basis, suggesting efficient cost management and possibly enhanced operational efficiencies.

Operating Metrics

The total expenses for Astra Microwave Products Ltd in Q3FY25 were reported at ₹206.79 crores, reflecting a 3.8% QoQ rise from ₹199.14 crores in Q2FY25. Year-over-year, the total expenses increased by 15.1% from ₹179.65 crores in Q3FY24. The tax paid in Q3FY25 was ₹14.13 crores, up by 70.0% from ₹8.31 crores in the previous quarter and marginally higher by 0.1% compared to ₹14.12 crores in Q3FY24. The increase in expenses with a relatively higher increase in total income explains the overall improved profitability for the quarter. The company's ability to manage and optimize operational costs amidst rising expenses is reflected in the substantial growth in its bottom-line metrics.