Kavveri Defence & Wireless Technologies Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Kavveri Defence & Wireless Technologies Ltd reported a 403.5% 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 859.5%.
- Its expenses for the quarter were up by 425.8% QoQ and 370.2% YoY.
- The net profit increased 360.4% QoQ and decreased 836.7% YoY.
- The earnings per share (EPS) of Kavveri Defence & Wireless Technologies Ltd stood at 1.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 7.10 | 1.41 | 0.74 | 403.5% | 859.5% |
Total Expenses | 4.89 | 0.93 | 1.04 | 425.8% | 370.2% |
Profit Before Tax | 2.21 | 0.48 | -0.30 | 360.4% | -836.7% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | 2.21 | 0.48 | -0.30 | 360.4% | -836.7% |
Earnings Per Share | 1.10 | 0.20 | 0.00 | 450.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kavveri Defence & Wireless Technologies Ltd operates within the technology sector, focusing on the development and provision of advanced defense and wireless communication solutions. The company is known for its innovative products and services tailored to enhance communication capabilities primarily in defense and telecommunication sectors. However, specific recent developments or strategic changes within the company are not available from the provided data. The company is involved in a niche market, striving to meet the growing demand for sophisticated communication technologies, which are essential in modern defense and telecommunication operations.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Kavveri Defence & Wireless Technologies Ltd reported a total income of ₹7.10 crores, which marks a substantial increase compared to the previous quarter (Q2FY25) where the total income was ₹1.41 crores. This represents a quarter-over-quarter (QoQ) growth of 403.5%. Year-over-year (YoY) comparison also shows remarkable improvement, with total income rising from ₹0.74 crores in Q3FY24 to ₹7.10 crores in Q3FY25, reflecting a YoY growth of 859.5%. This significant rise in revenue indicates a positive trajectory in the company's ability to generate income over the analyzed periods.
Profitability
Kavveri Defence & Wireless Technologies Ltd's profitability has demonstrated notable growth in Q3FY25. The company recorded a profit before tax of ₹2.21 crores, marking a substantial increase from ₹0.48 crores in Q2FY25. This translates to a QoQ growth rate of 360.4%. Comparatively, the company faced a loss before tax of ₹0.30 crores in Q3FY24, indicating a significant positive shift of 836.7% YoY. The profit after tax mirrored these figures, as there were no tax liabilities reported in any of the periods under review. The earnings per share (EPS) for Q3FY25 rose to ₹1.10 from ₹0.20 in Q2FY25, which is a QoQ increase of 450.0%, with no EPS reported in the prior year’s quarter (Q3FY24).
Operating Metrics
Operating expenses for Kavveri Defence & Wireless Technologies Ltd in Q3FY25 amounted to ₹4.89 crores, up from ₹0.93 crores in Q2FY25, resulting in a QoQ increase of 425.8%. Compared to Q3FY24, where expenses were ₹1.04 crores, the YoY growth in operating expenses is 370.2%. Despite the rise in expenses, the increase in total income has contributed to the improved profitability. The absence of tax outlays across all the periods suggests either an effective tax strategy or operational circumstances leading to zero taxable income. The company's ability to enhance its operational metrics, such as managed expenses relative to income growth, reflects its operational dynamics and financial health over the reviewed periods.
