Kirloskar Electric Company Ltd's Q3FY25 Quarterly Results

Result Summary

• Kirloskar Electric Company Ltd reported a 25.8% 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 6.4%.
• Its expenses for the quarter were down by 28.3% QoQ and 5.7% YoY.
• The net profit decreased 88.8% QoQ and decreased 62.3% YoY.
• The earnings per share (EPS) of Kirloskar Electric Company Ltd stood at 0.1 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

Kirloskar Electric Company Ltd is a prominent player in the electrical equipment industry, primarily engaged in the manufacturing and sale of electric motors, transformers, switchgears, and other related electrical components. The company has a rich history and is part of the larger Kirloskar Group, which has a significant presence in the Indian engineering and manufacturing sectors. Kirloskar Electric caters to a wide range of industries, including power generation, transmission, distribution, and several industrial applications. The company has been known for its innovation and strong focus on technology advancement. As of the latest data, there are no specific recent developments or changes in the company's operations indicated.

Revenue

For the third quarter of fiscal year 2025 (Q3FY25), Kirloskar Electric Company Ltd reported a total income of ₹121.31 crores. This reflects a decline compared to the previous quarter (Q2FY25), where the total income was ₹163.51 crores, marking a quarter-over-quarter (QoQ) decrease of 25.8%. On a year-over-year (YoY) basis, the total income also fell by 6.4% from ₹129.56 crores in Q3FY24. The reduction in total income on both QoQ and YoY bases indicates changes in sales or other income streams during the period under review.

Profitability

In terms of profitability, the company reported a profit before tax (PBT) of ₹0.57 crores for Q3FY25. This represents a significant drop from ₹5.09 crores in the previous quarter (Q2FY25), translating to an 88.8% decline QoQ. Compared to the same quarter in the previous year (Q3FY24), when the PBT was ₹1.51 crores, there is a 62.3% decrease YoY. The profit after tax (PAT) mirrored the PBT figures, as there were no tax expenses recorded for these periods. Earnings per share (EPS) for Q3FY25 stood at ₹0.10, down from ₹0.80 in Q2FY25 and ₹0.20 in Q3FY24, reflecting decreases of 87.5% QoQ and 50.0% YoY, respectively.

Operating Metrics

During Q3FY25, Kirloskar Electric Company Ltd's total expenses amounted to ₹120.74 crores, a reduction from ₹168.37 crores in Q2FY25, which indicates a QoQ decrease of 28.3%. This also represents a YoY decrease of 5.7% from ₹128.05 crores in Q3FY24. The decline in expenses aligns with the reduction in total income and suggests adjustments in operational scale or cost-management strategies during the period. The company maintained a consistent approach towards managing its expenses, as indicated by the proportional changes relative to income over the quarters reviewed.