![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/IKIO.png)
Share the post "Ikio Lighting ‘s Q3 2024-25 Latest News: Profit Drops by 58.86% 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 3.96 % in the past year, decrease in net sales/revenue by -2.82 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -2.8 %, Marginal increase in other income during this quarter, up by 22.17%. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Ikio Lighting Limited. Profit dropped by -58.86 % Year to Year, Ikio Lighting Limited’s profitability dropped by -39.65 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -60.55 % Year to Year. EPS decreased by -39.52 % 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. 116.887 Cr | Rs. 125.038 Cr | Rs. 121.516 Cr | -2.82 % | + 3.96 % |
| Expenses | Rs. 90.59 Cr | Rs. 102.82 Cr | Rs. 106.65 Cr | + 3.72 % | + 17.73 % |
| Operating Profit | Rs. 26.3 Cr | Rs. 22.22 Cr | Rs. 14.87 Cr | -33.08 % | -43.46 % |
| OPM % | 22.5 % | 17.77 % | 12.24 % | -5.53 % | -10.26 % |
| Other Income | Rs. 3.929 Cr | Rs. 3.126 Cr | Rs. 3.819 Cr | + 22.17 % | -2.8 % |
| Interest | Rs. 2.92 Cr | Rs. 2.31 Cr | Rs. 2.27 Cr | -1.73 % | -22.26 % |
| Depreciation | Rs. 2.5 Cr | Rs. 6.52 Cr | Rs. 7.04 Cr | + 7.98 % | + 181.6 % |
| Profit before tax | Rs. 24.81 Cr | Rs. 16.52 Cr | Rs. 9.38 Cr | -43.22 % | -62.19 % |
| Tax % | 23.59 % | 21.77 % | 16.8 % | -4.97 % | -6.79 % |
| Net Profit | Rs. 18.96 Cr | Rs. 12.92 Cr | Rs. 7.8 Cr | -39.63 % | -58.86 % |
| EPS in Rs | Rs. 2.56 | Rs. 1.67 | Rs. 1.01 | -39.52 % | -60.55 % |
Today, we’re looking at Ikio Lighting 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 3.96 %. However, it did see a marginal slip of -2.82 % from the previous quarter. Expenses ticked up slightly by 3.72 % quarter-on-quarter, aligning with the annual rise of 17.73 %. Operating profit, while down -43.46 % compared to last year, faced a quarter-on-quarter dip of -33.08 %, 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 -10.26 %, but a shrinkage of -5.53 % sequentially. Other income rose by 22.17 % compared to the last quarter, despite an annual decline of -2.8 %. Interest expenses dropped significantly by -1.73 % from the previous quarter, yet the year-over-year decrease remains at a moderate -22.26 %. Depreciation costs climbed by 7.98 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 181.6 %. Profit before tax declined annually by -62.19 % but saw a reduction from the preceding quarter by -43.22 %.
Tax expenses as a percentage of profits decreased slightly by -6.79 % compared to last year, with a more notable quarter-on-quarter decrease of -4.97 %. Net profit fell by -58.86 % year-on-year but witnessed a -39.63 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -60.55 % but a quarterly fall of -39.52 %. In summary, Ikio Lighting 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. 116.887 Cr | Rs. 125.038 Cr | Rs. 121.516 Cr | -2.82 % | + 3.96 % |
| Expenses | Rs. 90.59 Cr | Rs. 102.82 Cr | Rs. 106.65 Cr | + 3.72 % | + 17.73 % |
| Operating Profit | Rs. 26.3 Cr | Rs. 22.22 Cr | Rs. 14.87 Cr | -33.08 % | -43.46 % |
| Net Profit | Rs. 18.96 Cr | Rs. 12.92 Cr | Rs. 7.8 Cr | -39.63 % | -58.86 % |
| EPS in Rs | Rs. 2.56 | Rs. 1.67 | Rs. 1.01 | -39.52 % | -60.55 % |
In reviewing Ikio Lighting Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.96 % year-on-year growth, although there was a slight dip of -2.82 % from the previous quarter. Expenses rose by 17.73 % compared to the previous year, with a 3.72 % increase quarter-on-quarter. Operating Profit dropped by -43.46 % annually, and saw a -33.08 % decrease from the last quarter.
Net Profit showed yearly decrease of -58.86 %, and experienced a -39.63 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -60.55 % annually, however dipped by -39.52 % compared to the last quarter. In essence, while Ikio Lighting 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.
