Isgec Heavy Engineering ‘s Q3 2024-25 Latest News: Profit Decreases by 65.3% YoY

Today, we’re looking at Isgec Heavy Engineering 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 0.28 %. However, it did see a marginal slip of -8.96 % from the previous quarter. Expenses decreased slightly by -8.4 % quarter-on-quarter, aligning with the annual rise of 0.68 %. Operating profit, while down -4.16 % compared to last year, faced a quarter-on-quarter dip of -15.02 %, 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 -0.36 %, but a shrinkage of -0.56 % sequentially. Other income fell by -81.59 % compared to the last quarter, despite an annual decline of -17.84 %. Interest expenses surged remarkably by 131.91 % from the previous quarter, yet the year-over-year increase remains at a moderate 51.39 %. Depreciation costs climbed by 89.82 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 87.65 %. Profit before tax declined annually by -41.11 % but saw a reduction from the preceding quarter by -59.06 %.
Tax expenses as a percentage of profits increased slightly by 30.79 % compared to last year, with a more notable quarter-on-quarter increase of 30.75 %. Net profit fell by -65.3 % year-on-year but witnessed a -75.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -67.58 % but a quarterly fall of -78.32 %. In summary, Isgec Heavy Engineering Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Isgec Heavy Engineering Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.28 % year-on-year growth, although there was a slight dip of -8.96 % from the previous quarter. Expenses rose by 0.68 % compared to the previous year, with a decrease of -8.4 % quarter-on-quarter. Operating Profit dropped by -4.16 % annually, and saw a -15.02 % decrease from the last quarter.
Net Profit showed yearly decrease of -65.3 %, and experienced a -75.86 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -67.58 % annually, however dipped by -78.32 % compared to the last quarter. In essence, while Isgec Heavy Engineering 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.