International Conveyors Ltd's Q4FY25 Quarter Results
- 15 May 2025
Result Summary
- International Conveyors Ltd reported a 38.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a decline of 35.4%.
- Its expenses for the quarter were down by 4.8% QoQ and 36.1% YoY.
- The net profit decreased 69.7% QoQ and decreased 22.9% YoY.
- The earnings per share (EPS) of International Conveyors Ltd stood at 1 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 34.12 | 55.30 | 52.85 | -38.3% | -35.4% |
Total Expenses | 26.47 | 27.80 | 41.44 | -4.8% | -36.1% |
Profit Before Tax | 7.65 | 27.50 | 11.41 | -72.2% | -33.0% |
Tax | 1.58 | 7.50 | 3.54 | -78.9% | -55.4% |
Profit After Tax | 6.07 | 20.00 | 7.87 | -69.7% | -22.9% |
Earnings Per Share | 1.00 | 3.20 | 1.20 | -68.8% | -16.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
International Conveyors Ltd is a company known for manufacturing and supplying various types of conveyor belting products. The company's products are primarily used in underground mining operations and it operates within the industrial manufacturing sector. As of the most recent information available until October 2023, there are no specific major recent developments noted about the company. International Conveyors Ltd focuses on providing high-quality conveyor solutions, which are critical components in the mining industry for efficient material handling.
Revenue
In Q4FY25, International Conveyors Ltd reported a total income of ₹34.12 crores, which represents a 38.3% decline from the previous quarter (Q3FY25) where the total income stood at ₹55.30 crores. Compared to the same quarter in the previous year (Q4FY24), the total income decreased by 35.4% from ₹52.85 crores. This significant reduction in revenue both on a QoQ and YoY basis is a notable aspect of the company's financial performance in the current quarter.
Profitability
The company recorded a profit before tax of ₹7.65 crores in Q4FY25, down 72.2% from ₹27.50 crores in Q3FY25. Year-over-year, this figure is also down by 33.0% from ₹11.41 crores in Q4FY24. The tax expense for the quarter was ₹1.58 crores, a 78.9% decrease from ₹7.50 crores in the previous quarter and a 55.4% decrease from the previous year. Consequently, the profit after tax for Q4FY25 was ₹6.07 crores, marking a decline of 69.7% from the previous quarter's ₹20.00 crores and a 22.9% decrease from ₹7.87 crores in the same quarter last year. Earnings per share also saw a decline, falling to ₹1.00 from ₹3.20 in Q3FY25 and ₹1.20 in Q4FY24, reflecting a decrease of 68.8% QoQ and 16.7% YoY.
Operating Metrics
The total expenses for International Conveyors Ltd in Q4FY25 were ₹26.47 crores, which is a 4.8% decrease from ₹27.80 crores in Q3FY25. Compared to Q4FY24, expenses decreased significantly by 36.1% from ₹41.44 crores. This reduction in expenses alongside the decrease in revenue reflects on the company's operational adjustments during the quarter. The overall financial performance, indicated by the changes in expenses and income, highlights the current operational challenges and shifts within the quarter under review.