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Share the post "POWER GRID CORPORATION OF INDI’s Q3 2024-25 Latest News: Profit Drops by 4.14% 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’s sales declined by -2.74 % over the year, decrease in net sales/revenue by -0.4 %. 🔹 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 88.96 %. Marginal decrease of -10.23% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for POWER GRID CORPORATION OF INDI. Profit dropped by -4.14 % Year to Year, POWER GRID CORPORATION OF INDI’s profitability increased by 1.81 % in this quarter. 🔹 EPS over the Year and quarter: EPS declined by -4.16 % Year to Year. EPS increased by 1.72 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 11549.79 Cr | Rs. 11277.76 Cr | Rs. 11233.03 Cr | -0.4 % | -2.74 % |
| Expenses | Rs. 1374.81 Cr | Rs. 1681.05 Cr | Rs. 1700.14 Cr | + 1.14 % | + 23.66 % |
| Operating Profit | Rs. 10174.98 Cr | Rs. 9596.71 Cr | Rs. 9532.89 Cr | -0.67 % | -6.31 % |
| OPM % | 88.1 % | 85.09 % | 84.86 % | -0.23 % | -3.24 % |
| Other Income | Rs. 269.91 Cr | Rs. 568.17 Cr | Rs. 510.03 Cr | -10.23 % | + 88.96 % |
| Interest | Rs. 2446.13 Cr | Rs. 2441.09 Cr | Rs. 1917.41 Cr | -21.45 % | -21.61 % |
| Depreciation | Rs. 3293.46 Cr | Rs. 3292.06 Cr | Rs. 3216.19 Cr | -2.3 % | -2.35 % |
| Profit before tax | Rs. 4705.3 Cr | Rs. 4431.73 Cr | Rs. 4909.32 Cr | + 10.78 % | + 4.34 % |
| Tax % | 16.6 % | 19.5 % | 22.18 % | + 2.68 % | + 5.58 % |
| Net Profit | Rs. 4028.25 Cr | Rs. 3793.02 Cr | Rs. 3861.63 Cr | + 1.81 % | -4.14 % |
| EPS in Rs | Rs. 4.33 | Rs. 4.08 | Rs. 4.15 | + 1.72 % | -4.16 % |
Today, we’re looking at POWER GRID CORPORATION OF INDI’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -2.74 %. However, it did see a marginal slip of -0.4 % from the previous quarter. Expenses ticked up slightly by 1.14 % quarter-on-quarter, aligning with the annual rise of 23.66 %. Operating profit, while down -6.31 % compared to last year, faced a quarter-on-quarter dip of -0.67 %, 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 -3.24 %, but a shrinkage of -0.23 % sequentially. Other income fell by -10.23 % compared to the last quarter, despite an annual growth of 88.96 %. Interest expenses dropped significantly by -21.45 % from the previous quarter, yet the year-over-year decrease remains at a moderate -21.61 %. Depreciation costs fell by -2.3 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.35 %. Profit before tax grew annually by 4.34 % but saw an increase from the preceding quarter by 10.78 %.
Tax expenses as a percentage of profits increased slightly by 5.58 % compared to last year, with a more notable quarter-on-quarter increase of 2.68 %. Net profit fell by -4.14 % year-on-year but experienced a 1.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.16 % but a quarterly rise of 1.72 %. In summary, POWER GRID CORPORATION OF INDI’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. 11549.79 Cr | Rs. 11277.76 Cr | Rs. 11233.03 Cr | -0.4 % | -2.74 % |
| Expenses | Rs. 1374.81 Cr | Rs. 1681.05 Cr | Rs. 1700.14 Cr | + 1.14 % | + 23.66 % |
| Operating Profit | Rs. 10174.98 Cr | Rs. 9596.71 Cr | Rs. 9532.89 Cr | -0.67 % | -6.31 % |
| Net Profit | Rs. 4028.25 Cr | Rs. 3793.02 Cr | Rs. 3861.63 Cr | + 1.81 % | -4.14 % |
| EPS in Rs | Rs. 4.33 | Rs. 4.08 | Rs. 4.15 | + 1.72 % | -4.16 % |
In reviewing POWER GRID CORPORATION OF INDI’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.74 % year-on-year, although there was a slight dip of -0.4 % from the previous quarter. Expenses rose by 23.66 % compared to the previous year, with a 1.14 % increase quarter-on-quarter. Operating Profit dropped by -6.31 % annually, and saw a -0.67 % decrease from the last quarter.
Net Profit showed yearly decrease of -4.14 %, and experienced a 1.81 % increase from the previous quarter. Earnings Per Share (EPS) fell by -4.16 % annually, however rose by 1.72 % compared to the last quarter. In essence, while POWER GRID CORPORATION OF INDI faces strong annual decline 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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