Focus Lighting & Fixtures Ltd's Q3FY25 Quarterly Results

Result Summary

• Focus Lighting & Fixtures Ltd reported a 5.9% 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 decline of 26.8%.
• Its expenses for the quarter were up by 5.4% QoQ and down 14.9% YoY.
• The net profit decreased 100.4% QoQ and decreased 100.2% YoY.
• The earnings per share (EPS) of Focus Lighting & Fixtures Ltd - at - 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

Focus Lighting & Fixtures Ltd is a company involved in the lighting industry, primarily engaged in the design, manufacture, and sale of lighting and luminaire products. These products are utilized in various sectors including residential, commercial, and industrial applications. The company is known for its emphasis on innovative lighting solutions and energy-efficient products. As a player in the lighting sector, Focus Lighting & Fixtures Ltd operates in a highly competitive market that includes both domestic and international firms. Recent developments or strategic initiatives by the company, if any, are not specified in the provided data.

Revenue

For the quarter ending in Q3FY25, Focus Lighting & Fixtures Ltd reported a total income of ₹43.21 crores. This represents a quarter-over-quarter (QoQ) decline of 5.9% from ₹45.90 crores in Q2FY25. Additionally, there is a significant year-over-year (YoY) decrease of 26.8% compared to ₹59.06 crores in Q3FY24. The revenue metrics indicate a contraction in the company's income over both the most recent quarter and the previous year, which may be reflective of market conditions or operational factors affecting the company's sales and revenue streams.

Profitability

The company's profitability metrics for Q3FY25 indicate a challenging period. The Profit Before Tax (PBT) stood at ₹1.78 crores, marking a substantial QoQ decrease of 73.0% from ₹6.60 crores in Q2FY25, and an even more pronounced YoY decline of 82.8% from ₹10.35 crores in Q3FY24. After accounting for taxes, the Profit After Tax (PAT) turned negative at -₹0.02 crores, down from ₹4.89 crores in the previous quarter and ₹9.68 crores in the same quarter of the previous year, showing reductions of 100.4% and 100.2% respectively. The Earnings Per Share (EPS) was reported as ₹0.00, down from ₹0.70 in Q2FY25 and ₹1.50 in Q3FY24, reflecting similar declines of 100% in both QoQ and YoY comparisons.

Operating Metrics

In terms of operating metrics, Focus Lighting & Fixtures Ltd reported total expenses of ₹41.43 crores for Q3FY25. This represents an increase of 5.4% QoQ from ₹39.29 crores in Q2FY25, yet a decrease of 14.9% YoY from ₹48.71 crores in Q3FY24. The tax expense for the quarter was ₹1.80 crores, showing a modest QoQ increase of 5.3% from ₹1.71 crores and a substantial YoY increase of 172.7% from ₹0.66 crores. The rise in tax expense, despite the decline in profitability, might be indicative of changes in tax liabilities or adjustments. The overall operating performance denotes a rise in expenses over the last quarter, against a backdrop of reduced income, impacting the company's profitability for the quarter.