Thejo Engineering Ltd's Q3FY25 Quarterly Results
- 08 Feb 2025
Result Summary
- Thejo Engineering Ltd reported a 1.4% 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 decline of 10.8%.
- Its expenses for the quarter were down by 95.2% QoQ and 95.4% YoY.
- The net profit increased 12.6% QoQ and decreased 26.8% YoY.
- The earnings per share (EPS) of Thejo Engineering Ltd stood at 12.1 during Q3FY25.
Financial Statments for Q3FY25
Total Income | 135.49 | 137.48 | 151.89 | -1.4% | -10.8% |
Total Expenses | 5.90 | 122.82 | 127.66 | -95.2% | -95.4% |
Profit Before Tax | 18.19 | 14.65 | 24.24 | 24.2% | -25.0% |
Tax | 4.35 | 2.37 | 5.33 | 83.5% | -18.4% |
Profit After Tax | 13.84 | 12.29 | 18.92 | 12.6% | -26.8% |
Earnings Per Share | 12.10 | 11.00 | 16.00 | 10.0% | -24.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Thejo Engineering Ltd is a company primarily involved in providing engineering solutions and services. The company operates within the engineering industry and is known for its products such as conveyor belts, anti-corrosion linings, and various mining and mineral processing equipment. Thejo Engineering Ltd also offers maintenance and repair services for industrial equipment. The company has been focusing on enhancing its product offerings and expanding its market presence, though specific recent developments are not provided in the current context.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Thejo Engineering Ltd reported a total income of ₹135.49 crores. This represents a quarter-over-quarter (QoQ) decrease of 1.4% compared to the second quarter of fiscal year 2025 (Q2FY25), where the total income was ₹137.48 crores. Year-over-year (YoY), there was a significant decline of 10.8% from the third quarter of fiscal year 2024 (Q3FY24), when the total income stood at ₹151.89 crores. These figures highlight a downward trend in revenue generation over the past year and quarter.
Profitability
Thejo Engineering Ltd's profitability metrics for Q3FY25 show a profit before tax of ₹18.19 crores, which is a 24.2% increase from ₹14.65 crores in Q2FY25. However, this is a decrease from the previous year's third quarter, where the profit before tax was ₹24.24 crores, marking a YoY decline of 25.0%. The tax expense increased by 83.5% QoQ to ₹4.35 crores from ₹2.37 crores in Q2FY25, but decreased by 18.4% YoY from ₹5.33 crores in Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹13.84 crores, which is 12.6% higher than the ₹12.29 crores in Q2FY25 but 26.8% lower than the ₹18.92 crores recorded in Q3FY24. The earnings per share (EPS) also followed a similar trend, increasing by 10.0% QoQ to ₹12.10 from ₹11.00 and decreasing by 24.4% YoY from ₹16.00.
Operating Metrics
The total expenses for Thejo Engineering Ltd in Q3FY25 were significantly lower at ₹5.90 crores compared to ₹122.82 crores in Q2FY25, showing a drastic reduction of 95.2%. Similarly, there was a 95.4% decrease from the previous year's third quarter, where the expenses were ₹127.66 crores. This considerable reduction in expenses has been a notable factor in the company's operating metrics for the quarter. The data provided does not include specific ratios such as the P/E ratio, debt-to-equity ratio, or current ratio, and thus cannot be calculated directly from the available information.