Transformers & Rectifiers India Ltd's Q3FY25 Quarter Results
- 13 Jan 2025
Result Summary
- Transformers & Rectifiers India Ltd reported a 20.1% 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 53.2%.
- Its expenses for the quarter were up by 20.9% QoQ and 41.1% YoY.
- The net profit increased 20.8% QoQ and increased 252.9% YoY.
- The earnings per share (EPS) of Transformers & Rectifiers India Ltd stood at 3.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 568.32 | 473.31 | 371.02 | 20.1% | 53.2% |
Total Expenses | 494.59 | 409.23 | 350.44 | 20.9% | 41.1% |
Profit Before Tax | 73.73 | 64.08 | 20.58 | 15.1% | 258.3% |
Tax | 18.25 | 18.17 | 4.86 | 0.4% | 275.5% |
Profit After Tax | 55.48 | 45.91 | 15.72 | 20.8% | 252.9% |
Earnings Per Share | 3.70 | 3.00 | 1.10 | 23.3% | 236.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Transformers & Rectifiers India Ltd is a prominent name in the Electrical Equipment sector, specifically dealing with transformers. The company has established a stronghold in the manufacturing of a wide range of transformers. Its product portfolio includes power transformers, distribution transformers, furnace transformers, specialty transformers, and others. The company serves a diverse clientele ranging from power generation and distribution companies to various industries across the globe.
Revenue
The company's Total Income for Q3FY25 stood at ₹568.32 crores, marking a significant increase of 20.1% from the previous quarter (Q2FY25), where the Total Income was ₹473.31 crores. This growth is more remarkable when compared year-over-year (YoY) with Q3FY24, where the Total Income was ₹371.02 crores, outlining a YoY growth of 53.2%. This upward trajectory in Total Income displays the company's enhanced capacity to generate revenue over the recent quarters.
Profitability
The Profit After Tax (PAT) for Q3FY25 was reported at ₹55.48 crores, which is a considerable growth of 20.8% QoQ from ₹45.91 crores in Q2FY25. More impressively, when compared to the PAT of ₹15.72 crores in Q3FY24, the YoY increase stands at a substantial 252.9%. The company's Profit Before Tax (PBT) for Q3FY25 was ₹73.73 crores, up by 15.1% from the previous quarter's ₹64.08 crores. Comparing this to Q3FY24's PBT of ₹20.58 crores, the YoY growth in PBT is a massive 258.3%. This substantial increase in profitability metrics indicates the company's ability to retain a larger portion of its revenue as profit.
Operating Metrics
The company's Total Expenses for Q3FY25 were ₹494.59 crores, showing an increase of 20.9% QoQ from ₹409.23 crores in Q2FY25 and a YoY growth of 41.1% from Q3FY24's ₹350.44 crores. The Earnings Per Share (EPS) for Q3FY25 was ₹3.70, showing an increase of 23.3% QoQ from ₹3.00 in Q2FY25 and a notable YoY growth of 236.4% from ₹1.10 in Q3FY24. These operating metrics highlight the company's operational efficiency and its ability to generate earnings per share for its shareholders.
