Knowledge Marine & Engineering Works Ltd's Q3FY25 Quarter Results
Knowledge Marine & Engineering Works Ltd's revenue increased 266.5% YoY
- 12 Feb 2025
Result Summary
- Knowledge Marine & Engineering Works Ltd reported a 9.2% 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 266.5%.
- Its expenses for the quarter were up by 32.7% QoQ and 209.7% YoY.
- The net profit increased 20.0% QoQ and increased 970.5% YoY.
- The earnings per share (EPS) of Knowledge Marine & Engineering Works Ltd stood at 14.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 58.57 | 53.62 | 15.98 | 9.2% | 266.5% |
Total Expenses | 6.41 | 4.83 | 2.07 | 32.7% | 209.7% |
Profit Before Tax | 19.23 | 17.33 | 2.15 | 11.0% | 794.4% |
Tax | 3.60 | 4.30 | 0.69 | -16.3% | 421.7% |
Profit After Tax | 15.63 | 13.03 | 1.46 | 20.0% | 970.5% |
Earnings Per Share | 14.80 | 11.60 | 1.40 | 27.6% | 957.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
## Company Overview
Knowledge Marine & Engineering Works Ltd is a company that operates within the marine engineering sector, focusing primarily on providing dredging services, marine infrastructure development, and other related engineering solutions. The company is known for its expertise in executing projects that are critical to maintaining and enhancing navigable waterways, ports, and harbors. As a player in the marine engineering industry, Knowledge Marine & Engineering Works Ltd has been involved in several significant projects, contributing to the development of maritime infrastructure. However, specific recent developments about the company are not detailed in the data provided.
## Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Knowledge Marine & Engineering Works Ltd reported a total income of ₹58.57 crores. This represents a quarter-over-quarter (QoQ) increase of 9.2% from ₹53.62 crores in Q2FY25 and a substantial year-over-year (YoY) increase of 266.5% from ₹15.98 crores in Q3FY24. The significant YoY growth indicates an expansion in the company's revenue base. The data does not provide specific information on the factors driving this revenue growth, such as new contracts or increased project execution.
## Profitability
For the quarter ended Q3FY25, the company recorded a profit before tax (PBT) of ₹19.23 crores, reflecting an 11.0% QoQ increase from ₹17.33 crores in Q2FY25. The PBT showed an impressive 794.4% YoY growth from ₹2.15 crores in Q3FY24. After accounting for taxes of ₹3.60 crores, which decreased by 16.3% QoQ, the profit after tax (PAT) was ₹15.63 crores, marking a 20.0% QoQ increase from ₹13.03 crores and a remarkable 970.5% rise from ₹1.46 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 was ₹14.80, up 27.6% QoQ from ₹11.60 and 957.1% YoY from ₹1.40. These figures suggest considerable improvements in profitability.
## Operating Metrics
The total expenses for Q3FY25 amounted to ₹6.41 crores, representing a 32.7% QoQ increase from ₹4.83 crores in Q2FY25 and a 209.7% YoY increase from ₹2.07 crores in Q3FY24. Despite the increase in expenses, the company's profitability metrics improved significantly. The substantial rise in both income and expenses indicates a potential increase in operational scale. The tax obligation in Q3FY25 was ₹3.60 crores, which decreased 16.3% QoQ from Q2FY25 but increased 421.7% YoY from ₹0.69 crores in Q3FY24. This reduction in quarterly tax expenses, coupled with increased income, contributed to the enhanced profitability metrics observed.
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