NIBE Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- NIBE Ltd reported a 9.8% 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 132.8%.
- Its expenses for the quarter were up by 18.9% QoQ and 151.7% YoY.
- The net profit decreased 78.2% QoQ and decreased 56.0% YoY.
- The earnings per share (EPS) of NIBE Ltd stood at 1.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 150.30 | 136.92 | 64.56 | 9.8% | 132.8% |
Total Expenses | 148.38 | 124.84 | 58.95 | 18.9% | 151.7% |
Profit Before Tax | 1.91 | 12.08 | 5.62 | -84.2% | -66.0% |
Tax | -0.02 | 3.18 | 1.20 | -100.6% | -101.7% |
Profit After Tax | 1.94 | 8.89 | 4.41 | -78.2% | -56.0% |
Earnings Per Share | 1.30 | 6.30 | 3.50 | -79.4% | -62.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
NIBE Ltd is a company for which detailed public information such as its main products or services, the specific industry it operates in, or any recent major developments was not provided. Generally, companies like NIBE Ltd operate in sectors where financial performance metrics are critical to understanding market position and operational efficiency. Without additional context or historical data, the financial performance is analyzed based solely on the provided quarterly data.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), NIBE Ltd reported a total income of ₹150.30 crores. This marks a significant increase of 9.8% from the previous quarter (Q2FY25), where the total income was ₹136.92 crores. On a year-over-year basis, the total income more than doubled, with a 132.8% increase from ₹64.56 crores in Q3FY24. This substantial growth in revenue indicates an expanding business operation or increased market demand during this period.
Profitability
NIBE Ltd's profitability metrics show a contrasting trend compared to its revenue figures. The profit before tax for Q3FY25 is ₹1.91 crores, which is an 84.2% decrease from ₹12.08 crores in Q2FY25. Year-over-year, this represents a decline of 66.0% from ₹5.62 crores in Q3FY24. Despite higher revenues, profit after tax in Q3FY25 is noted at ₹1.94 crores, which decreased by 78.2% compared to ₹8.89 crores in Q2FY25 and by 56.0% from ₹4.41 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 stands at ₹1.30, reflecting a 79.4% decrease from the previous quarter and a 62.9% decrease year-over-year. These figures suggest challenges in maintaining profitability despite increased income.
Operating Metrics
Analyzing the operating metrics, total expenses for NIBE Ltd in Q3FY25 were ₹148.38 crores, which is 18.9% higher than the ₹124.84 crores recorded in Q2FY25. Compared to the same period last year (Q3FY24), where expenses were ₹58.95 crores, there is a 151.7% increase. The tax implications for Q3FY25 show a reversal, with a reported negative tax of ₹-0.02 crores compared to ₹3.18 crores in Q2FY25 and ₹1.20 crores in Q3FY24. This change in tax could be due to adjustments or credits that impacted the tax line item. The operating metrics indicate an increase in expenses that outpaced revenue growth, affecting overall profitability.
