Share the post "Minda Corporation ‘s Q3 2024-25 Latest News: Revenue Up by 7.44% Year-on-Year"
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 7.44 % in the past year, decrease in net sales/revenue by -2.9 %. 🔹 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 158.97 %. Marginal decrease of -37.39% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Minda Corporation Limited. Notable increase of 23.45 % in net profit Year to Year, Minda Corporation Limited’s profitability dropped by -12.83 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS increased by 23.32 % Year to Year. EPS decreased by -12.97 % 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. 1165.81 Cr | Rs. 1290.01 Cr | Rs. 1252.56 Cr | -2.9 % | + 7.44 % |
Expenses | Rs. 1035.94 Cr | Rs. 1143.43 Cr | Rs. 1109 Cr | -3.01 % | + 7.05 % |
Operating Profit | Rs. 129.87 Cr | Rs. 146.58 Cr | Rs. 143.56 Cr | -2.06 % | + 10.54 % |
OPM % | 11.14 % | 11.36 % | 11.46 % | + 0.1 % | + 0.32 % |
Other Income | Rs. 3.68 Cr | Rs. 15.22 Cr | Rs. 9.53 Cr | -37.39 % | + 158.97 % |
Interest | Rs. 14.32 Cr | Rs. 11.08 Cr | Rs. 11.9 Cr | + 7.4 % | -16.9 % |
Depreciation | Rs. 41.73 Cr | Rs. 51.22 Cr | Rs. 50.36 Cr | -1.68 % | + 20.68 % |
Profit before tax | Rs. 77.5 Cr | Rs. 99.5 Cr | Rs. 90.83 Cr | -8.71 % | + 17.2 % |
Tax % | 32.99 % | 26.23 % | 28.8 % | + 2.57 % | -4.19 % |
Net Profit | Rs. 52.49 Cr | Rs. 74.34 Cr | Rs. 64.8 Cr | -12.83 % | + 23.45 % |
EPS in Rs | Rs. 2.19 | Rs. 3.11 | Rs. 2.71 | -12.86 % | + 23.74 % |
Today, we’re looking at Minda Corporation 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 7.44 %. However, it did see a marginal slip of -2.9 % from the previous quarter. Expenses decreased slightly by -3.01 % quarter-on-quarter, aligning with the annual rise of 7.05 %. Operating profit, while up 10.54 % compared to last year, faced a quarter-on-quarter dip of -2.06 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.32 %, but an expansion of 0.1 % sequentially. Other income fell by -37.39 % compared to the last quarter, despite an annual growth of 158.97 %. Interest expenses surged remarkably by 7.4 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.9 %. Depreciation costs fell by -1.68 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.68 %. Profit before tax grew annually by 17.2 % but saw a reduction from the preceding quarter by -8.71 %.
Tax expenses as a percentage of profits decreased slightly by -4.19 % compared to last year, with a more notable quarter-on-quarter increase of 2.57 %. Net profit rose by 23.45 % year-on-year but witnessed a -12.83 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 23.74 % but a quarterly fall of -12.86 %. In summary, Minda Corporation 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. 1165.81 Cr | Rs. 1290.01 Cr | Rs. 1252.56 Cr | -2.9 % | + 7.44 % |
Expenses | Rs. 1035.94 Cr | Rs. 1143.43 Cr | Rs. 1109 Cr | -3.01 % | + 7.05 % |
Operating Profit | Rs. 129.87 Cr | Rs. 146.58 Cr | Rs. 143.56 Cr | -2.06 % | + 10.54 % |
Net Profit | Rs. 52.49 Cr | Rs. 74.34 Cr | Rs. 64.8 Cr | -12.83 % | + 23.45 % |
EPS in Rs | Rs. 2.19 | Rs. 3.11 | Rs. 2.71 | -12.86 % | + 23.74 % |
In reviewing Minda Corporation Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.44 % year-on-year growth, although there was a slight dip of -2.9 % from the previous quarter. Expenses rose by 7.05 % compared to the previous year, with a decrease of -3.01 % quarter-on-quarter. Operating Profit surged by 10.54 % annually, and saw a -2.06 % decrease from the last quarter.
Net Profit showed yearly increase of 23.45 %, and experienced a -12.83 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 23.74 % annually, however dipped by -12.86 % compared to the last quarter. In essence, while Minda Corporation Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.