Gensol Engineering Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Gensol Engineering Ltd reported a 0.4% 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 growth of 52.0%.
- Its expenses for the quarter were up by 2.3% QoQ and 57.1% YoY.
- The net profit decreased 22.1% QoQ and increased 45.1% YoY.
- The earnings per share (EPS) of Gensol Engineering Ltd stood at 4.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 345.34 | 346.82 | 227.13 | -0.4% | 52.0% |
Total Expenses | 329.37 | 321.98 | 209.71 | 2.3% | 57.1% |
Profit Before Tax | 15.97 | 24.84 | 17.42 | -35.7% | -8.3% |
Tax | -1.89 | 1.91 | 5.11 | -199.0% | -137.0% |
Profit After Tax | 17.86 | 22.93 | 12.31 | -22.1% | 45.1% |
Earnings Per Share | 4.50 | 7.80 | 3.50 | -42.3% | 28.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Gensol Engineering Ltd is a company known for its expertise in providing engineering services. The company operates primarily within the renewable energy sector, offering solutions and services related to solar power projects. Gensol Engineering has a reputation for its involvement in project design, engineering, and consulting services tailored to solar installations. Additionally, it offers project management and maintenance services, contributing to the development and operation of solar energy projects. The company is focused on sustainable energy solutions, which align with the global shift towards renewable energy sources. However, specific recent developments or changes in the company's strategic direction are not available from the data provided.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Gensol Engineering Ltd reported a total income of ₹345.34 crores. This figure represents a slight decrease of 0.4% compared to the previous quarter (Q2FY25), where total income stood at ₹346.82 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), there was a significant increase of 52.0% in total income, which was ₹227.13 crores. This year-over-year growth indicates a substantial rise in revenue over the past year. Despite the quarter-over-quarter decline, the company has demonstrated robust annual revenue expansion.
Profitability
For Q3FY25, Gensol Engineering Ltd reported a profit before tax of ₹15.97 crores, which is a decrease of 35.7% from the previous quarter's ₹24.84 crores. Compared to Q3FY24, where the profit before tax was ₹17.42 crores, there was an 8.3% decline year-over-year. The company recorded a negative tax expense of ₹1.89 crores in Q3FY25, contrasting with a tax expense of ₹1.91 crores in Q2FY25 and ₹5.11 crores in Q3FY24. The profit after tax for Q3FY25 was ₹17.86 crores, down 22.1% from ₹22.93 crores in Q2FY25, but up 45.1% from ₹12.31 crores in Q3FY24. Earnings per share for Q3FY25 were ₹4.50, reflecting a decrease of 42.3% from the previous quarter and an increase of 28.6% from the same quarter last year.
Operating Metrics
The total expenses for Gensol Engineering Ltd in Q3FY25 were ₹329.37 crores, representing an increase of 2.3% compared to the previous quarter's expenses of ₹321.98 crores. When compared to Q3FY24, where expenses were ₹209.71 crores, there was a significant year-over-year increase of 57.1%. This rise in expenses aligns with the company's revenue growth over the same period. The increase in expenses outpaced the growth in total income on a quarterly basis, contributing to the observed decline in profitability metrics such as profit before tax and profit after tax for Q3FY25 compared to Q2FY25.
