Share the post "IRCON International ‘s Q3 2024-25 Latest News: Profit Drops by 64.81% 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’s sales declined by -9.41 % over the year, substantial increase in net sales/revenue by 13.66 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -38.09 %, Marginal decrease of -49.27% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for IRCON International Ltd. Profit dropped by -64.81 % Year to Year, IRCON International Ltd’s profitability dropped by -57.42 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -64.62 % Year to Year. EPS decreased by -57.21 % 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. 2884.22 Cr | Rs. 2298.86 Cr | Rs. 2612.86 Cr | + 13.66 % | -9.41 % |
Expenses | Rs. 2670.85 Cr | Rs. 2194.28 Cr | Rs. 2480.93 Cr | + 13.06 % | -7.11 % |
Operating Profit | Rs. 213.37 Cr | Rs. 104.58 Cr | Rs. 131.93 Cr | + 26.15 % | -38.17 % |
OPM % | 7.4 % | 4.55 % | 5.05 % | + 0.5 % | -2.35 % |
Other Income | Rs. 127.66 Cr | Rs. 155.82 Cr | Rs. 79.04 Cr | -49.27 % | -38.09 % |
Interest | Rs. 37.24 Cr | Rs. 2.08 Cr | Rs. 55.97 Cr | + 2590.87 % | + 50.3 % |
Depreciation | Rs. 27.11 Cr | Rs. 9.65 Cr | Rs. 30.52 Cr | + 216.27 % | + 12.58 % |
Profit before tax | Rs. 276.68 Cr | Rs. 248.67 Cr | Rs. 124.48 Cr | -49.94 % | -55.01 % |
Tax % | 24.97 % | 18.68 % | 36.73 % | + 18.05 % | + 11.76 % |
Net Profit | Rs. 244.7 Cr | Rs. 202.22 Cr | Rs. 86.1 Cr | -57.42 % | -64.81 % |
EPS in Rs | Rs. 2.6 | Rs. 2.15 | Rs. 0.92 | -57.21 % | -64.62 % |
Today, we’re looking at IRCON International Ltd’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -9.41 %. However, it did see a marginal increase of 13.66 % from the previous quarter. Expenses ticked up slightly by 13.06 % quarter-on-quarter, aligning with the annual decline of -7.11 %. Operating profit, while down -38.17 % compared to last year, faced a quarter-on-quarter increase of 26.15 %, 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 -2.35 %, but an expansion of 0.5 % sequentially. Other income fell by -49.27 % compared to the last quarter, despite an annual decline of -38.09 %. Interest expenses surged remarkably by 2590.87 % from the previous quarter, yet the year-over-year increase remains at a moderate 50.3 %. Depreciation costs climbed by 216.27 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.58 %. Profit before tax declined annually by -55.01 % but saw a reduction from the preceding quarter by -49.94 %.
Tax expenses as a percentage of profits increased slightly by 11.76 % compared to last year, with a more notable quarter-on-quarter increase of 18.05 %. Net profit fell by -64.81 % year-on-year but witnessed a -57.42 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -64.62 % but a quarterly fall of -57.21 %. In summary, IRCON International 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. 2884.22 Cr | Rs. 2298.86 Cr | Rs. 2612.86 Cr | + 13.66 % | -9.41 % |
Expenses | Rs. 2670.85 Cr | Rs. 2194.28 Cr | Rs. 2480.93 Cr | + 13.06 % | -7.11 % |
Operating Profit | Rs. 213.37 Cr | Rs. 104.58 Cr | Rs. 131.93 Cr | + 26.15 % | -38.17 % |
Net Profit | Rs. 244.7 Cr | Rs. 202.22 Cr | Rs. 86.1 Cr | -57.42 % | -64.81 % |
EPS in Rs | Rs. 2.6 | Rs. 2.15 | Rs. 0.92 | -57.21 % | -64.62 % |
In reviewing IRCON International Ltd’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9.41 % year-on-year, however, there was a minor increase of 13.66 % from the previous quarter. Expenses decreased by -7.11 % compared to the previous year, with a 13.06 % increase quarter-on-quarter. Operating Profit dropped by -38.17 % annually, and saw a 26.15 % increase from the last quarter.
Net Profit showed yearly decrease of -64.81 %, and experienced a -57.42 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -64.62 % annually, however dipped by -57.21 % compared to the last quarter. In essence, while IRCON International 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.