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Share the post "NMDC Steel ‘s Q3 2024-25 Latest News: Revenue Grows by 128.93% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 128.93 % in the past year, substantial increase in net sales/revenue by 39.23 %. 🔹 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 13.07 %. Marginal increase in other income during this quarter, up by 39.89%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for NMDC Steel Limited. Notable increase of 33.32 % in net profit Year to Year, NMDC Steel Limited’s profitability increased by 27.28 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 33.51 % Year to Year. EPS increased by 27.59 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 925.85 Cr | Rs. 1522.35 Cr | Rs. 2119.54 Cr | + 39.23 % | + 128.93 % |
| Expenses | Rs. 1334.94 Cr | Rs. 1962.96 Cr | Rs. 2775.55 Cr | + 41.4 % | + 107.92 % |
| Operating Profit | Rs. -409.09 Cr | Rs. -440.61 Cr | Rs. -656.01 Cr | -48.89 % | -60.36 % |
| OPM % | -44.19 % | -28.94 % | -30.95 % | -2.01 % | + 13.24 % |
| Other Income | Rs. 16.22 Cr | Rs. 13.11 Cr | Rs. 18.34 Cr | + 39.89 % | + 13.07 % |
| Interest | Rs. 134.41 Cr | Rs. 161.04 Cr | Rs. 165.32 Cr | + 2.66 % | + 23 % |
| Depreciation | Rs. 225.98 Cr | Rs. 240.39 Cr | Rs. 253.48 Cr | + 5.45 % | + 12.17 % |
| Profit before tax | Rs. -753.26 Cr | Rs. -828.93 Cr | Rs. -1056.47 Cr | -27.45 % | -40.25 % |
| Tax % | -24.54 % | -28.18 % | -28.27 % | -0.09 % | -3.73 % |
| Net Profit | Rs. -568.39 Cr | Rs. -595.37 Cr | Rs. -757.78 Cr | -27.28 % | -33.32 % |
| EPS in Rs | Rs. -1.94 | Rs. -2.03 | Rs. -2.59 | -27.59 % | -33.51 % |
Today, we’re looking at NMDC Steel 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 128.93 %. However, it did see a marginal increase of 39.23 % from the previous quarter. Expenses ticked up slightly by 41.4 % quarter-on-quarter, aligning with the annual rise of 107.92 %. Operating profit, while down -60.36 % compared to last year, faced a quarter-on-quarter dip of -48.89 %, 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 13.24 %, but a shrinkage of -2.01 % sequentially. Other income rose by 39.89 % compared to the last quarter, despite an annual growth of 13.07 %. Interest expenses surged remarkably by 2.66 % from the previous quarter, yet the year-over-year increase remains at a moderate 23 %. Depreciation costs climbed by 5.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.17 %. Profit before tax declined annually by -40.25 % but saw a reduction from the preceding quarter by -27.45 %.
Tax expenses as a percentage of profits decreased slightly by -3.73 % compared to last year, with a more notable quarter-on-quarter decrease of -0.09 %. Net profit fell by -33.32 % year-on-year but witnessed a -27.28 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -33.51 % but a quarterly fall of -27.59 %. In summary, NMDC Steel 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. 925.85 Cr | Rs. 1522.35 Cr | Rs. 2119.54 Cr | + 39.23 % | + 128.93 % |
| Expenses | Rs. 1334.94 Cr | Rs. 1962.96 Cr | Rs. 2775.55 Cr | + 41.4 % | + 107.92 % |
| Operating Profit | Rs. -409.09 Cr | Rs. -440.61 Cr | Rs. -656.01 Cr | -48.89 % | -60.36 % |
| Net Profit | Rs. -568.39 Cr | Rs. -595.37 Cr | Rs. -757.78 Cr | -27.28 % | -33.32 % |
| EPS in Rs | Rs. -1.94 | Rs. -2.03 | Rs. -2.59 | -27.59 % | -33.51 % |
In reviewing NMDC Steel Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 128.93 % year-on-year growth, however, there was a minor increase of 39.23 % from the previous quarter. Expenses rose by 107.92 % compared to the previous year, with a 41.4 % increase quarter-on-quarter. Operating Profit dropped by -60.36 % annually, and saw a -48.89 % decrease from the last quarter.
Net Profit showed yearly decrease of -33.32 %, and experienced a -27.28 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -33.51 % annually, however dipped by -27.59 % compared to the last quarter. In essence, while NMDC Steel 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.
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