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Share the post "Finolex Cables ‘s Q3 2024-25 Latest News: Revenue Dropped by 3.24% 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’s sales declined by -3.24 % over the year, decrease in net sales/revenue by -9.88 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -0.64 %, Marginal decrease of -56.06% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Finolex Cables Limited. Profit dropped by -2.98 % Year to Year, Finolex Cables Limited’s profitability dropped by -15.16 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -2.99 % Year to Year. EPS decreased by -15.18 % 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. 1221.68 Cr | Rs. 1311.72 Cr | Rs. 1182.11 Cr | -9.88 % | -3.24 % |
| Expenses | Rs. 1088.57 Cr | Rs. 1213.21 Cr | Rs. 1053.09 Cr | -13.2 % | -3.26 % |
| Operating Profit | Rs. 133.11 Cr | Rs. 98.51 Cr | Rs. 129.02 Cr | + 30.97 % | -3.07 % |
| OPM % | 10.9 % | 7.51 % | 10.91 % | + 3.4 % | + 0.01 % |
| Other Income | Rs. 45.03 Cr | Rs. 101.83 Cr | Rs. 44.74 Cr | -56.06 % | -0.64 % |
| Interest | Rs. 0.42 Cr | Rs. 0.38 Cr | Rs. 0.39 Cr | + 2.63 % | -7.14 % |
| Depreciation | Rs. 10.86 Cr | Rs. 11.75 Cr | Rs. 11.73 Cr | -0.17 % | + 8.01 % |
| Profit before tax | Rs. 166.86 Cr | Rs. 188.21 Cr | Rs. 161.64 Cr | -14.12 % | -3.13 % |
| Tax % | 23.44 % | 22.38 % | 23.32 % | + 0.94 % | -0.12 % |
| Net Profit | Rs. 127.75 Cr | Rs. 146.09 Cr | Rs. 123.94 Cr | -15.16 % | -2.98 % |
| EPS in Rs | Rs. 8.35 | Rs. 9.55 | Rs. 8.1 | -15.18 % | -2.99 % |
Today, we’re looking at Finolex Cables Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -3.24 %. However, it did see a marginal slip of -9.88 % from the previous quarter. Expenses decreased slightly by -13.2 % quarter-on-quarter, aligning with the annual decline of -3.26 %. Operating profit, while down -3.07 % compared to last year, faced a quarter-on-quarter increase of 30.97 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.01 %, but an expansion of 3.4 % sequentially. Other income fell by -56.06 % compared to the last quarter, despite an annual decline of -0.64 %. Interest expenses surged remarkably by 2.63 % from the previous quarter, yet the year-over-year decrease remains at a moderate -7.14 %. Depreciation costs fell by -0.17 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.01 %. Profit before tax declined annually by -3.13 % but saw a reduction from the preceding quarter by -14.12 %.
Tax expenses as a percentage of profits decreased slightly by -0.12 % compared to last year, with a more notable quarter-on-quarter increase of 0.94 %. Net profit fell by -2.98 % year-on-year but witnessed a -15.16 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2.99 % but a quarterly fall of -15.18 %. In summary, Finolex Cables 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. 1221.68 Cr | Rs. 1311.72 Cr | Rs. 1182.11 Cr | -9.88 % | -3.24 % |
| Expenses | Rs. 1088.57 Cr | Rs. 1213.21 Cr | Rs. 1053.09 Cr | -13.2 % | -3.26 % |
| Operating Profit | Rs. 133.11 Cr | Rs. 98.51 Cr | Rs. 129.02 Cr | + 30.97 % | -3.07 % |
| Net Profit | Rs. 127.75 Cr | Rs. 146.09 Cr | Rs. 123.94 Cr | -15.16 % | -2.98 % |
| EPS in Rs | Rs. 8.35 | Rs. 9.55 | Rs. 8.1 | -15.18 % | -2.99 % |
In reviewing Finolex Cables Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3.24 % year-on-year, although there was a slight dip of -9.88 % from the previous quarter. Expenses decreased by -3.26 % compared to the previous year, with a decrease of -13.2 % quarter-on-quarter. Operating Profit dropped by -3.07 % annually, and saw a 30.97 % increase from the last quarter.
Net Profit showed yearly decrease of -2.98 %, and experienced a -15.16 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -2.99 % annually, however dipped by -15.18 % compared to the last quarter. In essence, while Finolex Cables 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.
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