Kernex Microsystems (India) Ltd's Q3FY25 Quarterly Results

Result Summary

• Kernex Microsystems (India) Ltd reported a 10.5% 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 321.6%.
• Its expenses for the quarter were down by 13.3% QoQ and up 73.6% YoY.
• The net profit increased 4.5% QoQ and decreased 183.2% YoY.
• The earnings per share (EPS) of Kernex Microsystems (India) Ltd stood at 4.3 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

Kernex Microsystems (India) Ltd is a technology company primarily operating in the railway safety and signaling systems industry. The company is known for providing advanced safety solutions, including automatic train protection systems and other rail safety technologies. Kernex Microsystems focuses on developing and implementing systems that enhance the operational safety and efficiency of rail networks. The company has established itself in the niche market of railway safety systems and continues to innovate in this domain. As of the latest available information, there are no major recent developments disclosed beyond its ongoing business operations.

Revenue

During the third quarter of the fiscal year 2025 (Q3FY25), Kernex Microsystems reported a total income of ₹37.14 crores. This represents a quarter-over-quarter (QoQ) decline of 10.5% from the previous quarter (Q2FY25), where the total income was ₹41.48 crores. However, on a year-over-year (YoY) basis, there is a significant increase of 321.6% compared to ₹8.81 crores in the third quarter of the fiscal year 2024 (Q3FY24). This substantial YoY growth underscores a notable increase in revenue generation over the past year.

Profitability

The profitability of Kernex Microsystems in Q3FY25 shows a continuation of positive performance metrics. The company recorded a profit before tax of ₹7.07 crores, marking a slight QoQ increase of 4.0% from ₹6.80 crores in Q2FY25. In comparison to Q3FY24, where the company had a loss before tax of ₹8.51 crores, there is a substantial improvement. The profit after tax for Q3FY25 amounted to ₹7.13 crores, compared to ₹6.82 crores in the previous quarter, reflecting a QoQ increase of 4.5%. This is in stark contrast to the loss after tax of ₹8.57 crores reported in Q3FY24, highlighting a significant turnaround in profitability YoY.

Operating Metrics

In terms of operating efficiency, Kernex Microsystems experienced a reduction in total expenses to ₹30.07 crores in Q3FY25 from ₹34.68 crores in Q2FY25, which accounts for a 13.3% decrease QoQ. The total expenses in Q3FY24 were ₹17.32 crores, indicating a YoY increase of 73.6%. This upward trend in expenses reflects the company's expanded operations or increased cost structure over the year. The earnings per share (EPS) for Q3FY25 was ₹4.30, up by 4.9% from ₹4.10 in Q2FY25, and significantly higher compared to the negative EPS of ₹5.40 reported in Q3FY24. This positive shift in EPS parallels the company's improved profitability metrics.