Ravindra Energy Ltd's Q3FY25 Quarterly Results

Result Summary

• Ravindra Energy Ltd reported a 211.9% 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 202.8%.
• Its expenses for the quarter were up by 183.4% QoQ and 205.5% YoY.
• The net profit increased 89.6% QoQ and increased 407.0% YoY.
• The earnings per share (EPS) of Ravindra Energy Ltd stood at 0.1 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

Ravindra Energy Ltd is a company involved in the energy sector, focusing primarily on renewable energy solutions. The company is known for its initiatives in solar energy, including solar power projects, equipment supply, and operation maintenance services. It has been active in expanding its renewable energy portfolio to capitalize on the growing demand for sustainable energy sources. While specific recent developments are not detailed in the data provided, the energy sector as a whole has been witnessing significant investments and policy support globally, which may influence Ravindra Energy Ltd's operations and strategic decisions.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Ravindra Energy Ltd reported a total income of ₹55.74 crores. This represents a substantial increase from the ₹17.87 crores recorded in the previous quarter (Q2FY25), marking a quarter-over-quarter (QoQ) growth of 211.9%. Compared to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹18.41 crores, the company achieved a year-over-year (YoY) growth of 202.8%. These figures indicate a significant increase in the company's revenue for the quarter under review.

Profitability

Ravindra Energy Ltd's profitability for Q3FY25 showed notable growth. The profit before tax for the quarter was ₹4.42 crores, up from ₹1.42 crores in Q2FY25, resulting in a QoQ increase of 211.3%. Compared to Q3FY24, where the profit before tax was ₹1.61 crores, there was a YoY growth of 174.5%. After accounting for taxes, the profit after tax stood at ₹2.18 crores, which is an increase from ₹1.15 crores in Q2FY25, reflecting an 89.6% QoQ rise. The YoY change from Q3FY24, where the profit after tax was ₹0.43 crores, is an increase of 407.0%. The company's earnings per share remained constant at ₹0.10, both QoQ and YoY.

Operating Metrics

The total expenses for Ravindra Energy Ltd in Q3FY25 were ₹51.32 crores, significantly higher than the ₹18.11 crores reported in Q2FY25, showing a QoQ growth of 183.4%. Compared to Q3FY24, where expenses were ₹16.80 crores, the YoY increase was 205.5%. The tax expense for Q3FY25 was ₹1.77 crores, compared to ₹0.13 crores in Q2FY25, marking a substantial QoQ increase of 1261.5%. The YoY tax expense also rose by 50.0% from ₹1.18 crores in Q3FY24. Despite the increase in total expenses and tax liability, the company maintained a steady earnings per share of ₹0.10.