Usha Martin's Q1 FY 2025-26 Quarterly Results

Result Summary

• Usha Martin Ltd reported a 7.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.6%.
• Its expenses for the quarter were up by 10.0% QoQ and 11.0% YoY.
• The net profit decreased 5.2% QoQ and decreased 2.9% YoY.
• The earnings per share (EPS) of Usha Martin Ltd stood at 3.3 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Usha Martin Ltd is a prominent player in the industry, primarily involved in the manufacturing of wire ropes, which are used in a variety of sectors including oil and gas, mining, elevators, cranes, and general engineering. The company is recognized for its quality products and has a substantial global presence. However, specific recent major developments regarding Usha Martin Ltd are not available from the provided data, and further research would be necessary to detail any strategic changes or expansions.

Revenue

For the quarter ending Q1FY26, Usha Martin Ltd reported a total income of ₹902.65 crores, marking a 7.6% increase from the previous quarter (Q4FY25) where the income was ₹838.52 crores. Compared to the same quarter in the previous year (Q1FY25), the total income rose by 8.6%, up from ₹831.35 crores. This growth in revenue suggests an improvement in the company's sales performance or possibly an expansion in market reach or product offerings over the past year.

Profitability

The profit before tax (PBT) for Q1FY26 stood at ₹125.13 crores, reflecting a decrease of 5.1% from the previous quarter's PBT of ₹131.81 crores, and a 4.2% decline from ₹130.61 crores in Q1FY25. The tax expense for Q1FY26 was ₹28.82 crores, which is a reduction of 4.0% from Q4FY25 and 6.6% from Q1FY25. Consequently, the profit after tax (PAT) for Q1FY26 was ₹100.81 crores, showing a decrease of 5.2% quarter-over-quarter and 2.9% year-over-year. Earnings per share (EPS) also followed this downward trend, decreasing to ₹3.30 in Q1FY26 from ₹3.50 in Q4FY25 and ₹3.40 in Q1FY25.

Operating Metrics

The company's total expenses in Q1FY26 amounted to ₹777.52 crores, an increase of 10.0% from ₹706.71 crores in the previous quarter, and an 11.0% rise from ₹700.74 crores in Q1FY25. This indicates that while the company has seen an increase in its income, the expenses have also risen significantly, which could be a factor in the observed decrease in profitability metrics such as PBT and PAT. Further analysis of the company's financial statements would be necessary to break down these expenses and understand the areas causing increased operational costs.