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Share the post "Bharat Wire Ropes ‘s Q3 2024-25 Latest News: Revenue Grows by 2.94% 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 2.94 % in the past year, substantial increase in net sales/revenue by 6.33 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -8.72 %, Marginal decrease of -10.8% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Bharat Wire Ropes Limited. Profit dropped by -43.56 % Year to Year, Bharat Wire Ropes Limited’s profitability dropped by -21.06 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -43.81 % Year to Year. EPS decreased by -21.3 % 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. 157.203 Cr | Rs. 152.194 Cr | Rs. 161.822 Cr | + 6.33 % | + 2.94 % |
| Expenses | Rs. 113.31 Cr | Rs. 118.5 Cr | Rs. 132.82 Cr | + 12.08 % | + 17.22 % |
| Operating Profit | Rs. 43.89 Cr | Rs. 33.69 Cr | Rs. 29 Cr | -13.92 % | -33.93 % |
| OPM % | 27.92 % | 22.14 % | 17.92 % | -4.22 % | -10 % |
| Other Income | Rs. 0.172 Cr | Rs. 0.176 Cr | Rs. 0.157 Cr | -10.8 % | -8.72 % |
| Interest | Rs. 3.43 Cr | Rs. 2.9 Cr | Rs. 3.6 Cr | + 24.14 % | + 4.96 % |
| Depreciation | Rs. 5.27 Cr | Rs. 5.45 Cr | Rs. 5.5 Cr | + 0.92 % | + 4.36 % |
| Profit before tax | Rs. 35.36 Cr | Rs. 25.52 Cr | Rs. 20.06 Cr | -21.39 % | -43.27 % |
| Tax % | 25.43 % | 26.14 % | 25.81 % | -0.33 % | + 0.38 % |
| Net Profit | Rs. 26.37 Cr | Rs. 18.86 Cr | Rs. 14.88 Cr | -21.1 % | -43.57 % |
| EPS in Rs | Rs. 3.88 | Rs. 2.77 | Rs. 2.18 | -21.3 % | -43.81 % |
Today, we’re looking at Bharat Wire Ropes 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 2.94 %. However, it did see a marginal increase of 6.33 % from the previous quarter. Expenses ticked up slightly by 12.08 % quarter-on-quarter, aligning with the annual rise of 17.22 %. Operating profit, while down -33.93 % compared to last year, faced a quarter-on-quarter dip of -13.92 %, 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 -10 %, but a shrinkage of -4.22 % sequentially. Other income fell by -10.8 % compared to the last quarter, despite an annual decline of -8.72 %. Interest expenses surged remarkably by 24.14 % from the previous quarter, yet the year-over-year increase remains at a moderate 4.96 %. Depreciation costs climbed by 0.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.36 %. Profit before tax declined annually by -43.27 % but saw a reduction from the preceding quarter by -21.39 %.
Tax expenses as a percentage of profits increased slightly by 0.38 % compared to last year, with a more notable quarter-on-quarter decrease of -0.33 %. Net profit fell by -43.57 % year-on-year but witnessed a -21.1 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -43.81 % but a quarterly fall of -21.3 %. In summary, Bharat Wire Ropes 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. 157.203 Cr | Rs. 152.194 Cr | Rs. 161.822 Cr | + 6.33 % | + 2.94 % |
| Expenses | Rs. 113.31 Cr | Rs. 118.5 Cr | Rs. 132.82 Cr | + 12.08 % | + 17.22 % |
| Operating Profit | Rs. 43.89 Cr | Rs. 33.69 Cr | Rs. 29 Cr | -13.92 % | -33.93 % |
| Net Profit | Rs. 26.37 Cr | Rs. 18.86 Cr | Rs. 14.88 Cr | -21.1 % | -43.57 % |
| EPS in Rs | Rs. 3.88 | Rs. 2.77 | Rs. 2.18 | -21.3 % | -43.81 % |
In reviewing Bharat Wire Ropes Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.94 % year-on-year growth, however, there was a minor increase of 6.33 % from the previous quarter. Expenses rose by 17.22 % compared to the previous year, with a 12.08 % increase quarter-on-quarter. Operating Profit dropped by -33.93 % annually, and saw a -13.92 % decrease from the last quarter.
Net Profit showed yearly decrease of -43.57 %, and experienced a -21.1 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -43.81 % annually, however dipped by -21.3 % compared to the last quarter. In essence, while Bharat Wire Ropes 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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