Pritika Auto Industries Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Pritika Auto Industries Ltd reported a 13.4% 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 13.9%.
- Its expenses for the quarter were down by 5.8% QoQ and up 14.3% YoY.
- The net profit decreased 58.2% QoQ and increased 11.1% YoY.
- The earnings per share (EPS) of Pritika Auto Industries Ltd stood at 0.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 81.08 | 93.61 | 71.16 | -13.4% | 13.9% |
Total Expenses | 75.72 | 80.35 | 66.26 | -5.8% | 14.3% |
Profit Before Tax | 5.36 | 13.25 | 4.89 | -59.5% | 9.6% |
Tax | 0.93 | 2.68 | 0.91 | -65.3% | 2.2% |
Profit After Tax | 4.42 | 10.58 | 3.98 | -58.2% | 11.1% |
Earnings Per Share | 0.20 | 0.50 | 0.30 | -60.0% | -33.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Pritika Auto Industries Ltd. operates in the auto components industry, focusing primarily on the production and supply of automotive parts. The company is known for manufacturing critical chassis components and other mechanical parts used in the automotive sector. In recent times, Pritika Auto Industries has been active in expanding its production capabilities and exploring new markets to cater to the increasing demand in the automotive industry. The company is positioned within an industry that is influenced by factors such as technological advancements, regulatory changes, and fluctuations in consumer demand for vehicles.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Pritika Auto Industries Ltd. reported a total income of ₹81.08 crores. This reflects a quarter-over-quarter (QoQ) decrease of 13.4% from ₹93.61 crores in Q2FY25, and a year-over-year (YoY) increase of 13.9% from ₹71.16 crores in Q3FY24. The data indicates a fluctuation in revenue on a quarterly basis, while showing growth when compared to the same quarter in the previous fiscal year. These changes in revenue are critical for understanding the company's market performance and its ability to generate income over different periods.
Profitability
For Q3FY25, the company recorded a profit before tax (PBT) of ₹5.36 crores, indicating a significant decrease of 59.5% QoQ from ₹13.25 crores in Q2FY25, but a YoY increase of 9.6% from ₹4.89 crores in Q3FY24. Similarly, the profit after tax (PAT) was ₹4.42 crores, which decreased 58.2% QoQ from ₹10.58 crores in the previous quarter, while showing an 11.1% YoY growth from ₹3.98 crores in the corresponding quarter of the previous year. The tax expenses for Q3FY25 were ₹0.93 crores, showing a decrease of 65.3% QoQ from ₹2.68 crores, and a modest YoY increase of 2.2% from ₹0.91 crores. Earnings per share (EPS) stood at ₹0.20, which declined 60.0% QoQ from ₹0.50, and decreased 33.3% YoY from ₹0.30.
Operating Metrics
Total expenses for Pritika Auto Industries in Q3FY25 were ₹75.72 crores, reflecting a decrease of 5.8% QoQ from ₹80.35 crores in Q2FY25 and an increase of 14.3% YoY from ₹66.26 crores in Q3FY24. The company's expenses have shown a downward trend on a quarterly basis, while increasing year-over-year. This dynamic of expenses relative to income is essential for assessing the company's operational efficiency and cost management strategies over different periods.
