Maheshwari Logistics Ltd's Q3FY25 Quarterly Results

Result Summary

• Maheshwari Logistics Ltd reported a 2.2% 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 decline of 15.5%.
• Its expenses for the quarter were up by 2.2% QoQ and down 16.1% YoY.
• The net profit decreased 34.3% QoQ and decreased 16.1% YoY.
• The earnings per share (EPS) of Maheshwari Logistics Ltd stood at 0.9 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

Maheshwari Logistics Ltd is a company engaged primarily in the logistics and transportation industry. The company is known for providing comprehensive logistics solutions that include transportation, warehousing, and supply chain management services. It operates in a sector that is crucial for supporting trade and commerce, particularly in a country like India, where infrastructure and logistics play a significant role in economic growth. As of the latest information available up to October 2023, there are no specific major developments mentioned for Maheshwari Logistics Ltd. It is important to note that no additional industry-specific or company-specific developments are provided in the current dataset.

Revenue

During Q3FY25, Maheshwari Logistics Ltd reported a total income of ₹235.23 crore, which represents a quarter-over-quarter (QoQ) increase of 2.2% from ₹230.25 crore in Q2FY25. However, when compared year-over-year (YoY) to Q3FY24, the company's total income decreased by 15.5% from ₹278.38 crore. This indicates a decline in revenue generation over the year. The QoQ growth suggests a slight upward trend in revenue in the recent quarter, while the YoY decline highlights challenges the company may have faced over the past year.

Profitability

The profit before tax for Q3FY25 was ₹5.76 crore, marking a modest 0.7% increase from ₹5.72 crore in Q2FY25. On a YoY basis, profit before tax increased by 21.3% from ₹4.75 crore in Q3FY24, showing a significant annual improvement. Despite this, the profit after tax for Q3FY25 was ₹2.61 crore, which decreased by 34.3% QoQ from ₹3.97 crore in Q2FY25 and by 16.1% YoY from ₹3.11 crore in Q3FY24. The effective tax rate for the quarter appears to have increased substantially, as evidenced by an 80% QoQ rise in tax from ₹1.75 crore in Q2FY25 to ₹3.15 crore in Q3FY25, and a 92.1% YoY increase from ₹1.64 crore in Q3FY24. This increase in tax expense has impacted the company’s net profitability.

Operating Metrics

Maheshwari Logistics Ltd's total expenses for Q3FY25 were ₹229.47 crore, reflecting a 2.2% QoQ increase from ₹224.53 crore in Q2FY25. Compared to Q3FY24, total expenses decreased by 16.1% from ₹273.63 crore, which aligns with the trend in total income. The earnings per share (EPS) for Q3FY25 was ₹0.90, a decrease of 30.8% QoQ from ₹1.30 in Q2FY25 and a 25.0% decrease YoY from ₹1.20 in Q3FY24. This decline in EPS indicates a reduction in shareholder earnings during the quarter. While specific financial ratios such as the P/E ratio, debt-to-equity ratio, and current ratio are not provided in the data, the overall trends in expenses, tax, and earnings per share provide insight into the company's operational performance over the past year and quarter.