![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/ELGIEQUIP.png)
Share the post "Elgi Equipments ‘s Q3 2024-25 Latest News: Profit Rises by 1.09% YoY"
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 7.04 % in the past year, decrease in net sales/revenue by -6.22 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -8.25 %, Marginal decrease of -48.98% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Elgi Equipments Limited. Notable increase of 1.08 % in net profit Year to Year, Elgi Equipments Limited’s profitability dropped by -18.17 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS increased by 1.20 % Year to Year. EPS decreased by -18.12 % 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. 465.043 Cr | Rs. 530.811 Cr | Rs. 497.799 Cr | -6.22 % | + 7.04 % |
| Expenses | Rs. 363.44 Cr | Rs. 416.48 Cr | Rs. 395.36 Cr | -5.07 % | + 8.78 % |
| Operating Profit | Rs. 101.6 Cr | Rs. 114.33 Cr | Rs. 102.44 Cr | -10.4 % | + 0.83 % |
| OPM % | 21.85 % | 21.54 % | 20.58 % | -0.96 % | -1.27 % |
| Other Income | Rs. 14.455 Cr | Rs. 25.994 Cr | Rs. 13.263 Cr | -48.98 % | -8.25 % |
| Interest | Rs. 1.88 Cr | Rs. 0.76 Cr | Rs. 0.03 Cr | -96.05 % | -98.4 % |
| Depreciation | Rs. 9.19 Cr | Rs. 9.02 Cr | Rs. 8.87 Cr | -1.66 % | -3.48 % |
| Profit before tax | Rs. 104.99 Cr | Rs. 130.54 Cr | Rs. 106.8 Cr | -18.19 % | + 1.72 % |
| Tax % | 24.52 % | 25.01 % | 25 % | -0.01 % | + 0.48 % |
| Net Profit | Rs. 79.24 Cr | Rs. 97.89 Cr | Rs. 80.1 Cr | -18.17 % | + 1.09 % |
| EPS in Rs | Rs. 2.5 | Rs. 3.09 | Rs. 2.53 | -18.12 % | + 1.2 % |
Today, we’re looking at Elgi Equipments 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 7.04 %. However, it did see a marginal slip of -6.22 % from the previous quarter. Expenses decreased slightly by -5.07 % quarter-on-quarter, aligning with the annual rise of 8.78 %. Operating profit, while up 0.83 % compared to last year, faced a quarter-on-quarter dip of -10.4 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.27 %, but a shrinkage of -0.96 % sequentially. Other income fell by -48.98 % compared to the last quarter, despite an annual decline of -8.25 %. Interest expenses dropped significantly by -96.05 % from the previous quarter, yet the year-over-year decrease remains at a moderate -98.4 %. Depreciation costs fell by -1.66 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.48 %. Profit before tax grew annually by 1.72 % but saw a reduction from the preceding quarter by -18.19 %.
Tax expenses as a percentage of profits increased slightly by 0.48 % compared to last year, with a more notable quarter-on-quarter decrease of -0.01 %. Net profit rose by 1.09 % year-on-year but witnessed a -18.17 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1.2 % but a quarterly fall of -18.12 %. In summary, Elgi Equipments 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. 465.043 Cr | Rs. 530.811 Cr | Rs. 497.799 Cr | -6.22 % | + 7.04 % |
| Expenses | Rs. 363.44 Cr | Rs. 416.48 Cr | Rs. 395.36 Cr | -5.07 % | + 8.78 % |
| Operating Profit | Rs. 101.6 Cr | Rs. 114.33 Cr | Rs. 102.44 Cr | -10.4 % | + 0.83 % |
| Net Profit | Rs. 79.24 Cr | Rs. 97.89 Cr | Rs. 80.1 Cr | -18.17 % | + 1.09 % |
| EPS in Rs | Rs. 2.5 | Rs. 3.09 | Rs. 2.53 | -18.12 % | + 1.2 % |
In reviewing Elgi Equipments Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.04 % year-on-year growth, although there was a slight dip of -6.22 % from the previous quarter. Expenses rose by 8.78 % compared to the previous year, with a decrease of -5.07 % quarter-on-quarter. Operating Profit surged by 0.83 % annually, and saw a -10.4 % decrease from the last quarter.
Net Profit showed yearly increase of 1.09 %, and experienced a -18.17 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1.2 % annually, however dipped by -18.12 % compared to the last quarter. In essence, while Elgi Equipments Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/WIMPLAST.png)
