Share the post "Rane (Madras) ‘s Q3 2024-25 Latest News: Profit Falls by 82.37% Year-on-Year"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 0.11 % in the past year, decrease in net sales/revenue by -1.4 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 73.68 %. Marginal decrease of -71.43% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Rane (Madras) Limited. Profit dropped by -82.37 % Year to Year, Rane (Madras) Limited’s profitability dropped by -30.28 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -82.32 % Year to Year. EPS decreased by -30.29 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 521.05 Cr | Rs. 529.02 Cr | Rs. 521.62 Cr | -1.4 % | + 0.11 % |
Expenses | Rs. 470.92 Cr | Rs. 491.75 Cr | Rs. 482.25 Cr | -1.93 % | + 2.41 % |
Operating Profit | Rs. 50.13 Cr | Rs. 37.27 Cr | Rs. 39.37 Cr | + 5.63 % | -21.46 % |
OPM % | 9.62 % | 7.05 % | 7.55 % | + 0.5 % | -2.07 % |
Other Income | Rs. 0.38 Cr | Rs. 2.31 Cr | Rs. 0.66 Cr | -71.43 % | + 73.68 % |
Interest | Rs. 14.64 Cr | Rs. 14.93 Cr | Rs. 16.29 Cr | + 9.11 % | + 11.27 % |
Depreciation | Rs. 20.85 Cr | Rs. 20.74 Cr | Rs. 21.13 Cr | + 1.88 % | + 1.34 % |
Profit before tax | Rs. 15.02 Cr | Rs. 3.91 Cr | Rs. 2.61 Cr | -33.25 % | -82.62 % |
Tax % | 25.23 % | 27.37 % | 24.14 % | -3.23 % | -1.09 % |
Net Profit | Rs. 11.23 Cr | Rs. 2.84 Cr | Rs. 1.98 Cr | -30.28 % | -82.37 % |
EPS in Rs | Rs. 6.9 | Rs. 1.75 | Rs. 1.22 | -30.29 % | -82.32 % |
Today, we’re looking at Rane (Madras) Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 0.11 %. However, it did see a marginal slip of -1.4 % from the previous quarter. Expenses decreased slightly by -1.93 % quarter-on-quarter, aligning with the annual rise of 2.41 %. Operating profit, while down -21.46 % compared to last year, faced a quarter-on-quarter increase of 5.63 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.07 %, but an expansion of 0.5 % sequentially. Other income fell by -71.43 % compared to the last quarter, despite an annual growth of 73.68 %. Interest expenses surged remarkably by 9.11 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.27 %. Depreciation costs climbed by 1.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.34 %. Profit before tax declined annually by -82.62 % but saw a reduction from the preceding quarter by -33.25 %.
Tax expenses as a percentage of profits decreased slightly by -1.09 % compared to last year, with a more notable quarter-on-quarter decrease of -3.23 %. Net profit fell by -82.37 % year-on-year but witnessed a -30.28 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -82.32 % but a quarterly fall of -30.29 %. In summary, Rane (Madras) Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 521.05 Cr | Rs. 529.02 Cr | Rs. 521.62 Cr | -1.4 % | + 0.11 % |
Expenses | Rs. 470.92 Cr | Rs. 491.75 Cr | Rs. 482.25 Cr | -1.93 % | + 2.41 % |
Operating Profit | Rs. 50.13 Cr | Rs. 37.27 Cr | Rs. 39.37 Cr | + 5.63 % | -21.46 % |
Net Profit | Rs. 11.23 Cr | Rs. 2.84 Cr | Rs. 1.98 Cr | -30.28 % | -82.37 % |
EPS in Rs | Rs. 6.9 | Rs. 1.75 | Rs. 1.22 | -30.29 % | -82.32 % |
In reviewing Rane (Madras) Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.11 % year-on-year growth, although there was a slight dip of -1.4 % from the previous quarter. Expenses rose by 2.41 % compared to the previous year, with a decrease of -1.93 % quarter-on-quarter. Operating Profit dropped by -21.46 % annually, and saw a 5.63 % increase from the last quarter.
Net Profit showed yearly decrease of -82.37 %, and experienced a -30.28 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -82.32 % annually, however dipped by -30.29 % compared to the last quarter. In essence, while Rane (Madras) Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.