Suprajit Engineering Ltd's Q3FY25 Quarterly Results

Result Summary

• Suprajit Engineering Ltd reported a 0.1% 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 15.2%.
• Its expenses for the quarter were down by 4.0% QoQ and up 16.1% YoY.
• The net profit increased 6860.4% QoQ and decreased 17.0% YoY.
• The earnings per share (EPS) of Suprajit Engineering Ltd stood at 2.4 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

Suprajit Engineering Ltd is a prominent player in the automotive components industry, known for manufacturing a wide range of products including automotive cables, speedometers, and other mechanical control cables. The company operates in a competitive sector that demands high precision and quality. Recent developments in the industry have seen a push towards innovation and efficiency, particularly with the growing emphasis on electric vehicles and sustainable practices. However, specific recent developments concerning Suprajit Engineering Ltd were not provided in the available data.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Suprajit Engineering Ltd reported a total income of ₹844.90 crores. This represents a slight decrease of 0.1% compared to the previous quarter (Q2FY25), where the total income was ₹846.07 crores. However, on a year-over-year basis, there was a significant increase of 15.2% from Q3FY24, where the income stood at ₹733.13 crores. This growth in total income over the year indicates a positive trajectory in revenue generation, reflecting the company's capacity to enhance its market presence and sales volume over the period evaluated.

Profitability

The company's profit before tax (PBT) for Q3FY25 rose to ₹60.28 crores, marking a substantial quarter-over-quarter growth of 111.8% from ₹28.46 crores in Q2FY25. Compared to the same quarter in the previous year (Q3FY24), there was a 5.4% increase from ₹57.18 crores. The tax expense for Q3FY25 was ₹26.87 crores, showing a slight decline of 4.0% from ₹27.98 crores in Q2FY25, but a significant year-over-year increase of 58.6% from ₹16.94 crores in Q3FY24. Profit after tax (PAT) for Q3FY25 was reported at ₹33.41 crores, which represents a dramatic increase from ₹0.48 crores in Q2FY25, but a decline of 17.0% from ₹40.25 crores in Q3FY24. The earnings per share (EPS) in Q3FY25 was ₹2.40, reflecting a decrease of 17.2% from ₹2.90 in Q3FY24.

Operating Metrics

Total expenses for Suprajit Engineering Ltd in Q3FY25 were ₹784.62 crores, which indicates a reduction of 4.0% from the previous quarter's expenses of ₹817.61 crores. Year-over-year, total expenses increased by 16.1% from ₹675.95 crores in Q3FY24. The substantial quarter-over-quarter decrease in expenses suggests effective cost management or operational adjustments. The profit margins observed in this quarter, alongside the changes in expenses and taxes, provide insight into the company's operational efficiencies and strategic financial management over the review period.