RACL Geartech Ltd's Q3FY25 Quarter Results
- 01 Feb 2025
Result Summary
- RACL Geartech Ltd reported a 2.5% 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 1.9%.
- Its expenses for the quarter were up by 1.9% QoQ and 5.3% YoY.
- The net profit increased 0.0% QoQ and decreased 45.6% YoY.
- The earnings per share (EPS) of RACL Geartech Ltd stood at 6.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 113.05 | 110.33 | 115.27 | 2.5% | -1.9% |
Total Expenses | 103.91 | 102.00 | 98.65 | 1.9% | 5.3% |
Profit Before Tax | 9.14 | 8.32 | 16.62 | 9.9% | -45.0% |
Tax | 2.60 | 1.78 | 4.60 | 46.1% | -43.5% |
Profit After Tax | 6.54 | 6.54 | 12.02 | 0.0% | -45.6% |
Earnings Per Share | 6.10 | 6.10 | 11.20 | 0.0% | -45.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
RACL Geartech Ltd is a prominent player in the manufacturing sector, primarily focusing on the production of gears and transmission components. The company caters to a diverse range of industries including automotive, agriculture, and industrial machinery. These products are essential in various applications, offering reliability and performance. While specific recent developments about RACL Geartech Ltd are not provided, the company has been known for its commitment to innovation and quality in its manufacturing processes. It operates in a competitive industry that demands precision engineering and technological advancements to meet evolving customer needs.
Revenue
In the third quarter of the fiscal year 2025, RACL Geartech Ltd reported a total income of ₹113.05 crores. This marks a quarter-over-quarter increase of 2.5% from ₹110.33 crores recorded in the second quarter of the same fiscal year. However, when compared to the same quarter in the previous fiscal year, there was a slight year-over-year decline of 1.9% from ₹115.27 crores. This data reflects the company's overall revenue trajectory over the past year, showing slight fluctuations in its total income.
Profitability
During Q3FY25, RACL Geartech Ltd's Profit Before Tax stood at ₹9.14 crores, reflecting a quarter-over-quarter growth of 9.9% from ₹8.32 crores in Q2FY25. However, there was a significant year-over-year decrease of 45.0% compared to ₹16.62 crores reported in Q3FY24. The tax expense for the quarter was ₹2.60 crores, which increased by 46.1% QoQ and decreased by 43.5% YoY. Consequently, the Profit After Tax remained unchanged quarter-over-quarter at ₹6.54 crores but showed a substantial reduction of 45.6% from the previous year's same quarter, where it was ₹12.02 crores. The Earnings Per Share for the period also mirrored these changes, remaining at ₹6.10 from the previous quarter but decreasing from ₹11.20 in the previous year.
Operating Metrics
The total expenses for RACL Geartech Ltd in Q3FY25 were ₹103.91 crores, which increased by 1.9% from ₹102.00 crores in Q2FY25. On a year-over-year basis, the expenses increased by 5.3% from ₹98.65 crores in Q3FY24. This indicates a trend in the company's operating costs over the recent quarters and years, reflecting its operational spending patterns. The stability in Profit After Tax and Earnings Per Share on a QoQ basis, despite the rise in expenses, is noteworthy. This information provides insight into the company's cost management and financial resilience within the reported period.
