Veto Switchgears & Cables Ltd's Q4FY25 Quarter Results
- 29 May 2025
Result Summary
- Veto Switchgears & Cables Ltd reported a 7.6% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a decline of 3.4%.
- Its expenses for the quarter were up by 6.1% QoQ and down 4.6% YoY.
- The net profit decreased 38.6% QoQ and increased 0.9% YoY.
- The earnings per share (EPS) of Veto Switchgears & Cables Ltd stood at 1.2 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 83.03 | 77.16 | 85.95 | 7.6% | -3.4% |
Total Expenses | 76.32 | 71.94 | 79.99 | 6.1% | -4.6% |
Profit Before Tax | 6.71 | 5.22 | 5.97 | 28.5% | 12.4% |
Tax | 4.48 | 1.58 | 3.77 | 183.5% | 18.8% |
Profit After Tax | 2.23 | 3.63 | 2.21 | -38.6% | 0.9% |
Earnings Per Share | 1.20 | 1.90 | 1.10 | -36.8% | 9.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Veto Switchgears & Cables Ltd is an established player in the electrical industry, primarily dealing with the manufacturing and supply of electrical equipment. The company's main products include switchgears, cables, wires, and associated electrical components. These products are integral to both residential and commercial electrical installations. Veto Switchgears & Cables Ltd operates within the broader electrical and electronics manufacturing sector, a field that is characterized by rapid technological advancements and stringent safety standards. As of the last update, there are no specific major developments available for the company within the provided data.
Revenue
In the fourth quarter of fiscal year 2025, Veto Switchgears & Cables Ltd reported a total income of ₹83.03 crore. This represents a quarter-over-quarter increase of 7.6% from ₹77.16 crore in the third quarter of fiscal year 2025. However, when compared to the same quarter of the previous year, Q4FY24, total income saw a year-over-year decline of 3.4%, down from ₹85.95 crore. This fluctuation indicates variation in revenue generation across different quarters and years, reflecting the company's operational and market conditions during these periods.
Profitability
The company's profit before tax in Q4FY25 was ₹6.71 crore, which marks a significant quarter-over-quarter increase of 28.5% from ₹5.22 crore in Q3FY25. Additionally, this figure is a year-over-year increase of 12.4% from the Q4FY24 profit before tax of ₹5.97 crore. Despite the increase in profit before tax, profit after tax in Q4FY25 decreased to ₹2.23 crore from ₹3.63 crore in the previous quarter, Q3FY25, reflecting a 38.6% decline. Year-over-year, however, profit after tax rose slightly by 0.9% compared to ₹2.21 crore in Q4FY24. Earnings per share followed a similar pattern, decreasing to ₹1.20 in Q4FY25 from ₹1.90 in Q3FY25, but showing a year-over-year increase of 9.1% from ₹1.10 in Q4FY24.
Operating Metrics
Total expenses for Veto Switchgears & Cables Ltd in Q4FY25 were ₹76.32 crore, an increase of 6.1% from ₹71.94 crore in Q3FY25. When compared to Q4FY24, total expenses decreased by 4.6% from ₹79.99 crore. The company's tax expenses for Q4FY25 were ₹4.48 crore, which surged by 183.5% from ₹1.58 crore in Q3FY25. This also represents an 18.8% increase from the tax expenses of ₹3.77 crore in the corresponding quarter of the previous year. These figures highlight the company's cost management and tax liabilities over the reported periods.