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Share the post "Dredging Corporation Of India ‘s Q3 2024-25 Latest News: Revenue Grows by 22.24% 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 experienced a substantial growth of 22.24 % in the past year, substantial increase in net sales/revenue by 58.65 %. 🔹 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 1827.48 %. Marginal decrease of -32.91% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Dredging Corporation of India Limited. Profit dropped by -41.02 % Year to Year, Dredging Corporation of India Limited’s profitability dropped by -147.92 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -41.05 % Year to Year. EPS decreased by -147.87 % 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. 265.418 Cr | Rs. 204.497 Cr | Rs. 324.439 Cr | + 58.65 % | + 22.24 % |
| Expenses | Rs. 196.63 Cr | Rs. 206.02 Cr | Rs. 272.14 Cr | + 32.09 % | + 38.4 % |
| Operating Profit | Rs. 68.79 Cr | Rs. -1.52 Cr | Rs. 52.3 Cr | + 3540.79 % | -23.97 % |
| OPM % | 25.92 % | -0.74 % | 16.12 % | + 16.86 % | -9.8 % |
| Other Income | Rs. 0.815 Cr | Rs. 23.414 Cr | Rs. 15.709 Cr | -32.91 % | + 1827.48 % |
| Interest | Rs. 8.36 Cr | Rs. 17.14 Cr | Rs. 12.24 Cr | -28.59 % | + 46.41 % |
| Depreciation | Rs. 33.54 Cr | Rs. 37.73 Cr | Rs. 39 Cr | + 3.37 % | + 16.28 % |
| Profit before tax | Rs. 27.71 Cr | Rs. -32.98 Cr | Rs. 16.77 Cr | + 150.85 % | -39.48 % |
| Tax % | 1.73 % | -1.62 % | 4.23 % | + 5.85 % | + 2.5 % |
| Net Profit | Rs. 27.23 Cr | Rs. -33.51 Cr | Rs. 16.06 Cr | + 147.93 % | -41.02 % |
| EPS in Rs | Rs. 9.72 | Rs. -11.97 | Rs. 5.73 | + 147.87 % | -41.05 % |
Today, we’re looking at Dredging Corporation of India 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 22.24 %. However, it did see a marginal increase of 58.65 % from the previous quarter. Expenses ticked up slightly by 32.09 % quarter-on-quarter, aligning with the annual rise of 38.4 %. Operating profit, while down -23.97 % compared to last year, faced a quarter-on-quarter increase of 3540.79 %, 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 -9.8 %, but an expansion of 16.86 % sequentially. Other income fell by -32.91 % compared to the last quarter, despite an annual growth of 1827.48 %. Interest expenses dropped significantly by -28.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 46.41 %. Depreciation costs climbed by 3.37 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.28 %. Profit before tax declined annually by -39.48 % but saw an increase from the preceding quarter by 150.85 %.
Tax expenses as a percentage of profits increased slightly by 2.5 % compared to last year, with a more notable quarter-on-quarter increase of 5.85 %. Net profit fell by -41.02 % year-on-year but experienced a 147.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.05 % but a quarterly rise of 147.87 %. In summary, Dredging Corporation of India 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. 265.418 Cr | Rs. 204.497 Cr | Rs. 324.439 Cr | + 58.65 % | + 22.24 % |
| Expenses | Rs. 196.63 Cr | Rs. 206.02 Cr | Rs. 272.14 Cr | + 32.09 % | + 38.4 % |
| Operating Profit | Rs. 68.79 Cr | Rs. -1.52 Cr | Rs. 52.3 Cr | + 3540.79 % | -23.97 % |
| Net Profit | Rs. 27.23 Cr | Rs. -33.51 Cr | Rs. 16.06 Cr | + 147.93 % | -41.02 % |
| EPS in Rs | Rs. 9.72 | Rs. -11.97 | Rs. 5.73 | + 147.87 % | -41.05 % |
In reviewing Dredging Corporation of India Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.24 % year-on-year growth, however, there was a minor increase of 58.65 % from the previous quarter. Expenses rose by 38.4 % compared to the previous year, with a 32.09 % increase quarter-on-quarter. Operating Profit dropped by -23.97 % annually, and saw a 3540.79 % increase from the last quarter.
Net Profit showed yearly decrease of -41.02 %, and experienced a 147.93 % increase from the previous quarter. Earnings Per Share (EPS) fell by -41.05 % annually, however rose by 147.87 % compared to the last quarter. In essence, while Dredging Corporation of India Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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