Share the post "Praj Industries ‘s Q3 2024-25 Latest News: Profit Drops by 41.63% 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 2.95 % in the past year, substantial increase in net sales/revenue by 4.51 %. 🔹 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 51.92 %. Marginal increase in other income during this quarter, up by 1.92%. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Praj Industries Limited. Profit dropped by -41.63 % Year to Year, Praj Industries Limited’s profitability dropped by -23.64 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -41.78 % Year to Year. EPS decreased by -23.89 % 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. 828.623 Cr | Rs. 816.192 Cr | Rs. 853.028 Cr | + 4.51 % | + 2.95 % |
Expenses | Rs. 731.07 Cr | Rs. 729.98 Cr | Rs. 780.31 Cr | + 6.89 % | + 6.74 % |
Operating Profit | Rs. 97.55 Cr | Rs. 86.21 Cr | Rs. 72.72 Cr | -15.65 % | -25.45 % |
OPM % | 11.77 % | 10.56 % | 8.52 % | -2.04 % | -3.25 % |
Other Income | Rs. 9.064 Cr | Rs. 13.51 Cr | Rs. 13.77 Cr | + 1.92 % | + 51.92 % |
Interest | Rs. 3.84 Cr | Rs. 4.72 Cr | Rs. 4.39 Cr | -6.99 % | + 14.32 % |
Depreciation | Rs. 10.85 Cr | Rs. 20.56 Cr | Rs. 23.28 Cr | + 13.23 % | + 114.56 % |
Profit before tax | Rs. 91.92 Cr | Rs. 74.44 Cr | Rs. 58.82 Cr | -20.98 % | -36.01 % |
Tax % | 23.4 % | 27.69 % | 30.12 % | + 2.43 % | + 6.72 % |
Net Profit | Rs. 70.41 Cr | Rs. 53.83 Cr | Rs. 41.1 Cr | -23.65 % | -41.63 % |
EPS in Rs | Rs. 3.83 | Rs. 2.93 | Rs. 2.23 | -23.89 % | -41.78 % |
Today, we’re looking at Praj Industries 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 2.95 %. However, it did see a marginal increase of 4.51 % from the previous quarter. Expenses ticked up slightly by 6.89 % quarter-on-quarter, aligning with the annual rise of 6.74 %. Operating profit, while down -25.45 % compared to last year, faced a quarter-on-quarter dip of -15.65 %, 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 -3.25 %, but a shrinkage of -2.04 % sequentially. Other income rose by 1.92 % compared to the last quarter, despite an annual growth of 51.92 %. Interest expenses dropped significantly by -6.99 % from the previous quarter, yet the year-over-year increase remains at a moderate 14.32 %. Depreciation costs climbed by 13.23 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 114.56 %. Profit before tax declined annually by -36.01 % but saw a reduction from the preceding quarter by -20.98 %.
Tax expenses as a percentage of profits increased slightly by 6.72 % compared to last year, with a more notable quarter-on-quarter increase of 2.43 %. Net profit fell by -41.63 % year-on-year but witnessed a -23.65 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.78 % but a quarterly fall of -23.89 %. In summary, Praj Industries 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. 828.623 Cr | Rs. 816.192 Cr | Rs. 853.028 Cr | + 4.51 % | + 2.95 % |
Expenses | Rs. 731.07 Cr | Rs. 729.98 Cr | Rs. 780.31 Cr | + 6.89 % | + 6.74 % |
Operating Profit | Rs. 97.55 Cr | Rs. 86.21 Cr | Rs. 72.72 Cr | -15.65 % | -25.45 % |
Net Profit | Rs. 70.41 Cr | Rs. 53.83 Cr | Rs. 41.1 Cr | -23.65 % | -41.63 % |
EPS in Rs | Rs. 3.83 | Rs. 2.93 | Rs. 2.23 | -23.89 % | -41.78 % |
In reviewing Praj Industries Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.95 % year-on-year growth, however, there was a minor increase of 4.51 % from the previous quarter. Expenses rose by 6.74 % compared to the previous year, with a 6.89 % increase quarter-on-quarter. Operating Profit dropped by -25.45 % annually, and saw a -15.65 % decrease from the last quarter.
Net Profit showed yearly decrease of -41.63 %, and experienced a -23.65 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -41.78 % annually, however dipped by -23.89 % compared to the last quarter. In essence, while Praj Industries 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.