![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/PATELENG.png)
Share the post "Patel Engineering ‘s Q3 2024-25 Latest News: Revenue Up by 13.62% 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 13.62 % in the past year, substantial increase in net sales/revenue by 2.66 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -81.05 %, Marginal decrease of -76.47% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Patel Engineering Limited. Notable increase of 18.43 % in net profit Year to Year, Patel Engineering Limited’s profitability increased by 10.99 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 6.74 % Year to Year. EPS increased by 9.2 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 1061.005 Cr | Rs. 1174.325 Cr | Rs. 1205.516 Cr | + 2.66 % | + 13.62 % |
| Expenses | Rs. 918.91 Cr | Rs. 1012.12 Cr | Rs. 1021.52 Cr | + 0.93 % | + 11.17 % |
| Operating Profit | Rs. 142.1 Cr | Rs. 162.21 Cr | Rs. 184 Cr | + 13.43 % | + 29.49 % |
| OPM % | 13.39 % | 13.81 % | 15.26 % | + 1.45 % | + 1.87 % |
| Other Income | Rs. 52.024 Cr | Rs. 41.895 Cr | Rs. 9.858 Cr | -76.47 % | -81.05 % |
| Interest | Rs. 88.92 Cr | Rs. 79.31 Cr | Rs. 80.17 Cr | + 1.08 % | -9.84 % |
| Depreciation | Rs. 23.12 Cr | Rs. 23.72 Cr | Rs. 24.21 Cr | + 2.07 % | + 4.71 % |
| Profit before tax | Rs. 82.08 Cr | Rs. 101.08 Cr | Rs. 89.48 Cr | -11.48 % | + 9.02 % |
| Tax % | 16.44 % | 27.42 % | 10.34 % | -17.08 % | -6.1 % |
| Net Profit | Rs. 68.83 Cr | Rs. 73.45 Cr | Rs. 81.52 Cr | + 10.99 % | + 18.44 % |
| EPS in Rs | Rs. 0.87 | Rs. 0.87 | Rs. 0.92 | + 5.75 % | + 5.75 % |
Today, we’re looking at Patel 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 13.62 %. However, it did see a marginal increase of 2.66 % from the previous quarter. Expenses ticked up slightly by 0.93 % quarter-on-quarter, aligning with the annual rise of 11.17 %. Operating profit, while up 29.49 % compared to last year, faced a quarter-on-quarter increase of 13.43 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.87 %, but an expansion of 1.45 % sequentially. Other income fell by -76.47 % compared to the last quarter, despite an annual decline of -81.05 %. Interest expenses surged remarkably by 1.08 % from the previous quarter, yet the year-over-year decrease remains at a moderate -9.84 %. Depreciation costs climbed by 2.07 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.71 %. Profit before tax grew annually by 9.02 % but saw a reduction from the preceding quarter by -11.48 %.
Tax expenses as a percentage of profits decreased slightly by -6.1 % compared to last year, with a more notable quarter-on-quarter decrease of -17.08 %. Net profit rose by 18.44 % year-on-year but experienced a 10.99 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 5.75 % but a quarterly rise of 5.75 %. In summary, Patel Engineering 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. 1061.005 Cr | Rs. 1174.325 Cr | Rs. 1205.516 Cr | + 2.66 % | + 13.62 % |
| Expenses | Rs. 918.91 Cr | Rs. 1012.12 Cr | Rs. 1021.52 Cr | + 0.93 % | + 11.17 % |
| Operating Profit | Rs. 142.1 Cr | Rs. 162.21 Cr | Rs. 184 Cr | + 13.43 % | + 29.49 % |
| Net Profit | Rs. 68.83 Cr | Rs. 73.45 Cr | Rs. 81.52 Cr | + 10.99 % | + 18.44 % |
| EPS in Rs | Rs. 0.87 | Rs. 0.87 | Rs. 0.92 | + 5.75 % | + 5.75 % |
In reviewing Patel Engineering Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.62 % year-on-year growth, however, there was a minor increase of 2.66 % from the previous quarter. Expenses rose by 11.17 % compared to the previous year, with a 0.93 % increase quarter-on-quarter. Operating Profit surged by 29.49 % annually, and saw a 13.43 % increase from the last quarter.
Net Profit showed yearly increase of 18.44 %, and experienced a 10.99 % increase from the previous quarter. Earnings Per Share (EPS) rose by 5.75 % annually, however rose by 5.75 % compared to the last quarter. In essence, while Patel Engineering Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/GPIL.png)
