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Beekay Steel Industries ‘s Q3 2024-25 Latest News: Profit Falls by 22.71% Year-on-Year

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Highlights

🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
🔹 Sales over the Year and quarter: The company experienced a substantial growth of 17.74 % in the past year, substantial increase in net sales/revenue by 18.41 %.
🔹 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 11.43 %. Marginal decrease of -53.39% in other income during this quarter.
🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Beekay Steel Industries Ltd.. Profit dropped by -22.71 % Year to Year, Beekay Steel Industries Ltd.’s profitability dropped by -37.37 % Quarter to Quarter.
🔹 EPS over the Year and quarter: EPS declined by -22.70 % Year to Year. EPS decreased by -37.37 % in previous quarter. Analysis needed for shareholder value.

Our final analysis consolidates the myriad aspects influencing Beekay Steel Industries Ltd.‘s financial stature and market potential. It synthesizes data on stock performance, investor sentiment, and strategic maneuvers within the context of the broader economic landscape. The report discusses the company’s responsiveness to market volatility and its capacity to leverage new opportunities in a shifting economic environment. With a nuanced understanding of risk factors and a clear delineation of future outlooks, this document aims to empower investors with the knowledge to make informed, strategic decisions that optimize their investment portfolios.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 230.161 Cr Rs. 228.863 Cr Rs. 270.993 Cr + 18.41 % + 17.74 %
Expenses Rs. 195.29 Cr Rs. 201.85 Cr Rs. 236.74 Cr + 17.29 % + 21.22 %
Operating Profit Rs. 34.87 Cr Rs. 27.01 Cr Rs. 34.25 Cr + 26.8 % -1.78 %
OPM % 15.15 % 11.8 % 12.64 % + 0.84 % -2.51 %
Other Income Rs. 8.626 Cr Rs. 20.621 Cr Rs. 9.612 Cr -53.39 % + 11.43 %
Interest Rs. 2.85 Cr Rs. 3.39 Cr Rs. 5.18 Cr + 52.8 % + 81.75 %
Depreciation Rs. 5.92 Cr Rs. 5.71 Cr Rs. 9.8 Cr + 71.63 % + 65.54 %
Profit before tax Rs. 34.73 Cr Rs. 38.53 Cr Rs. 28.88 Cr -25.05 % -16.84 %
Tax % 24.06 % 16.39 % 30.26 % + 13.87 % + 6.2 %
Net Profit Rs. 26.55 Cr Rs. 32.76 Cr Rs. 20.52 Cr -37.36 % -22.71 %
EPS in Rs Rs. 13.92 Rs. 17.18 Rs. 10.76 -37.37 % -22.7 %


Today, we’re looking at Beekay Steel Industries Ltd.’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 17.74 %. However, it did see a marginal increase of 18.41 % from the previous quarter. Expenses ticked up slightly by 17.29 % quarter-on-quarter, aligning with the annual rise of 21.22 %. Operating profit, while down -1.78 % compared to last year, faced a quarter-on-quarter increase of 26.8 %, 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 -2.51 %, but an expansion of 0.84 % sequentially. Other income fell by -53.39 % compared to the last quarter, despite an annual growth of 11.43 %. Interest expenses surged remarkably by 52.8 % from the previous quarter, yet the year-over-year increase remains at a moderate 81.75 %. Depreciation costs climbed by 71.63 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 65.54 %. Profit before tax declined annually by -16.84 % but saw a reduction from the preceding quarter by -25.05 %.
Tax expenses as a percentage of profits increased slightly by 6.2 % compared to last year, with a more notable quarter-on-quarter increase of 13.87 %. Net profit fell by -22.71 % year-on-year but witnessed a -37.36 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -22.7 % but a quarterly fall of -37.37 %. In summary, Beekay Steel Industries Ltd.’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. 230.161 Cr Rs. 228.863 Cr Rs. 270.993 Cr + 18.41 % + 17.74 %
Expenses Rs. 195.29 Cr Rs. 201.85 Cr Rs. 236.74 Cr + 17.29 % + 21.22 %
Operating Profit Rs. 34.87 Cr Rs. 27.01 Cr Rs. 34.25 Cr + 26.8 % -1.78 %
Net Profit Rs. 26.55 Cr Rs. 32.76 Cr Rs. 20.52 Cr -37.36 % -22.71 %
EPS in Rs Rs. 13.92 Rs. 17.18 Rs. 10.76 -37.37 % -22.7 %


In reviewing Beekay Steel Industries Ltd.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 17.74 % year-on-year growth, however, there was a minor increase of 18.41 % from the previous quarter. Expenses rose by 21.22 % compared to the previous year, with a 17.29 % increase quarter-on-quarter. Operating Profit dropped by -1.78 % annually, and saw a 26.8 % increase from the last quarter.
Net Profit showed yearly decrease of -22.71 %, and experienced a -37.36 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -22.7 % annually, however dipped by -37.37 % compared to the last quarter. In essence, while Beekay Steel Industries Ltd. 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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