Share the post "ELECON ENGINEERING CO’s Q3 2024-25 Latest News: Profit Grows by 18.96% YoY"
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 11.68 % in the past year, substantial increase in net sales/revenue by 4.08 %. 🔹 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 56.71 %. Marginal increase in other income during this quarter, up by 37.31%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for ELECON ENGINEERING CO.LTD.. Notable increase of 18.96 % in net profit Year to Year, ELECON ENGINEERING CO.LTD.’s profitability increased by 22.59 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 18.86 % Year to Year. EPS increased by 22.51 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 473.56 Cr | Rs. 508.14 Cr | Rs. 528.89 Cr | + 4.08 % | + 11.68 % |
Expenses | Rs. 353.17 Cr | Rs. 395.84 Cr | Rs. 386.31 Cr | -2.41 % | + 9.38 % |
Operating Profit | Rs. 120.39 Cr | Rs. 112.3 Cr | Rs. 142.58 Cr | + 26.96 % | + 18.43 % |
OPM % | 25.42 % | 22.1 % | 26.96 % | + 4.86 % | + 1.54 % |
Other Income | Rs. 9.98 Cr | Rs. 11.39 Cr | Rs. 15.64 Cr | + 37.31 % | + 56.71 % |
Interest | Rs. 1.49 Cr | Rs. 2.19 Cr | Rs. 3.46 Cr | + 57.99 % | + 132.21 % |
Depreciation | Rs. 12.64 Cr | Rs. 13.13 Cr | Rs. 15.54 Cr | + 18.35 % | + 22.94 % |
Profit before tax | Rs. 116.24 Cr | Rs. 108.37 Cr | Rs. 139.22 Cr | + 28.47 % | + 19.77 % |
Tax % | 23.31 % | 21.06 % | 23.49 % | + 2.43 % | + 0.18 % |
Net Profit | Rs. 90.4 Cr | Rs. 87.72 Cr | Rs. 107.54 Cr | + 22.59 % | + 18.96 % |
EPS in Rs | Rs. 4.03 | Rs. 3.91 | Rs. 4.79 | + 22.51 % | + 18.86 % |
Today, we’re looking at ELECON ENGINEERING CO.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 11.68 %. However, it did see a marginal increase of 4.08 % from the previous quarter. Expenses decreased slightly by -2.41 % quarter-on-quarter, aligning with the annual rise of 9.38 %. Operating profit, while up 18.43 % compared to last year, faced a quarter-on-quarter increase of 26.96 %, 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 1.54 %, but an expansion of 4.86 % sequentially. Other income rose by 37.31 % compared to the last quarter, despite an annual growth of 56.71 %. Interest expenses surged remarkably by 57.99 % from the previous quarter, yet the year-over-year increase remains at a moderate 132.21 %. Depreciation costs climbed by 18.35 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 22.94 %. Profit before tax grew annually by 19.77 % but saw an increase from the preceding quarter by 28.47 %.
Tax expenses as a percentage of profits increased slightly by 0.18 % compared to last year, with a more notable quarter-on-quarter increase of 2.43 %. Net profit rose by 18.96 % year-on-year but experienced a 22.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 18.86 % but a quarterly rise of 22.51 %. In summary, ELECON ENGINEERING CO.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. 473.56 Cr | Rs. 508.14 Cr | Rs. 528.89 Cr | + 4.08 % | + 11.68 % |
Expenses | Rs. 353.17 Cr | Rs. 395.84 Cr | Rs. 386.31 Cr | -2.41 % | + 9.38 % |
Operating Profit | Rs. 120.39 Cr | Rs. 112.3 Cr | Rs. 142.58 Cr | + 26.96 % | + 18.43 % |
Net Profit | Rs. 90.4 Cr | Rs. 87.72 Cr | Rs. 107.54 Cr | + 22.59 % | + 18.96 % |
EPS in Rs | Rs. 4.03 | Rs. 3.91 | Rs. 4.79 | + 22.51 % | + 18.86 % |
In reviewing ELECON ENGINEERING CO.LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.68 % year-on-year growth, however, there was a minor increase of 4.08 % from the previous quarter. Expenses rose by 9.38 % compared to the previous year, with a decrease of -2.41 % quarter-on-quarter. Operating Profit surged by 18.43 % annually, and saw a 26.96 % increase from the last quarter.
Net Profit showed yearly increase of 18.96 %, and experienced a 22.59 % increase from the previous quarter. Earnings Per Share (EPS) rose by 18.86 % annually, however rose by 22.51 % compared to the last quarter. In essence, while ELECON ENGINEERING CO.LTD. exhibits strong annual growth 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.