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Share the post "Pitti Engineering ‘s Q3 2024-25 Latest News: Revenue Rises by 41.32% 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 experienced a substantial growth of 41.32 % in the past year, decrease in net sales/revenue by -3.35 %. 🔹 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 83.54 %. Marginal decrease of -76.74% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Pitti Engineering Limited. Notable increase of 115.93 % in net profit Year to Year, Pitti Engineering Limited’s profitability dropped by -24.36 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS increased by 83.65 % Year to Year. EPS decreased by -25.1 % 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. 293.639 Cr | Rs. 429.363 Cr | Rs. 414.978 Cr | -3.35 % | + 41.32 % |
| Expenses | Rs. 249.55 Cr | Rs. 363.29 Cr | Rs. 348.03 Cr | -4.2 % | + 39.46 % |
| Operating Profit | Rs. 44.09 Cr | Rs. 66.07 Cr | Rs. 66.95 Cr | + 1.33 % | + 51.85 % |
| OPM % | 15.02 % | 15.39 % | 16.13 % | + 0.74 % | + 1.11 % |
| Other Income | Rs. 3.281 Cr | Rs. 25.892 Cr | Rs. 6.022 Cr | -76.74 % | + 83.54 % |
| Interest | Rs. 13.54 Cr | Rs. 18.69 Cr | Rs. 13.21 Cr | -29.32 % | -2.44 % |
| Depreciation | Rs. 14.56 Cr | Rs. 20.1 Cr | Rs. 21.1 Cr | + 4.98 % | + 44.92 % |
| Profit before tax | Rs. 19.27 Cr | Rs. 53.17 Cr | Rs. 38.66 Cr | -27.29 % | + 100.62 % |
| Tax % | 30.88 % | 28.49 % | 25.6 % | -2.89 % | -5.28 % |
| Net Profit | Rs. 13.32 Cr | Rs. 38.02 Cr | Rs. 28.76 Cr | -24.36 % | + 115.92 % |
| EPS in Rs | Rs. 4.16 | Rs. 10.2 | Rs. 7.64 | -25.1 % | + 83.65 % |
Today, we’re looking at Pitti 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 41.32 %. However, it did see a marginal slip of -3.35 % from the previous quarter. Expenses decreased slightly by -4.2 % quarter-on-quarter, aligning with the annual rise of 39.46 %. Operating profit, while up 51.85 % compared to last year, faced a quarter-on-quarter increase of 1.33 %, 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 1.11 %, but an expansion of 0.74 % sequentially. Other income fell by -76.74 % compared to the last quarter, despite an annual growth of 83.54 %. Interest expenses dropped significantly by -29.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.44 %. Depreciation costs climbed by 4.98 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 44.92 %. Profit before tax grew annually by 100.62 % but saw a reduction from the preceding quarter by -27.29 %.
Tax expenses as a percentage of profits decreased slightly by -5.28 % compared to last year, with a more notable quarter-on-quarter decrease of -2.89 %. Net profit rose by 115.92 % year-on-year but witnessed a -24.36 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 83.65 % but a quarterly fall of -25.1 %. In summary, Pitti 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. 293.639 Cr | Rs. 429.363 Cr | Rs. 414.978 Cr | -3.35 % | + 41.32 % |
| Expenses | Rs. 249.55 Cr | Rs. 363.29 Cr | Rs. 348.03 Cr | -4.2 % | + 39.46 % |
| Operating Profit | Rs. 44.09 Cr | Rs. 66.07 Cr | Rs. 66.95 Cr | + 1.33 % | + 51.85 % |
| Net Profit | Rs. 13.32 Cr | Rs. 38.02 Cr | Rs. 28.76 Cr | -24.36 % | + 115.92 % |
| EPS in Rs | Rs. 4.16 | Rs. 10.2 | Rs. 7.64 | -25.1 % | + 83.65 % |
In reviewing Pitti Engineering Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 41.32 % year-on-year growth, although there was a slight dip of -3.35 % from the previous quarter. Expenses rose by 39.46 % compared to the previous year, with a decrease of -4.2 % quarter-on-quarter. Operating Profit surged by 51.85 % annually, and saw a 1.33 % increase from the last quarter.
Net Profit showed yearly increase of 115.92 %, and experienced a -24.36 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 83.65 % annually, however dipped by -25.1 % compared to the last quarter. In essence, while Pitti 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.
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