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Share the post "PRECISION WIRES INDIA ‘s Q3 2024-25 Latest News: Profit Up by 4.99% Year-on-Year"
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 22.46 % in the past year, decrease in net sales/revenue by -5.65 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -40.63 %, Marginal decrease of -47.64% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for PRECISION WIRES INDIA LTD.. Notable increase of 5.03 % in net profit Year to Year, PRECISION WIRES INDIA LTD.’s profitability dropped by -1.64 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS increased by 4.95 % Year to Year. EPS decreased by -1.85 % 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. 799.508 Cr | Rs. 1037.75 Cr | Rs. 979.105 Cr | -5.65 % | + 22.46 % |
| Expenses | Rs. 766.17 Cr | Rs. 1001.53 Cr | Rs. 942.25 Cr | -5.92 % | + 22.98 % |
| Operating Profit | Rs. 33.34 Cr | Rs. 36.22 Cr | Rs. 36.85 Cr | + 1.74 % | + 10.53 % |
| OPM % | 4.17 % | 3.49 % | 3.76 % | + 0.27 % | -0.41 % |
| Other Income | Rs. 5.324 Cr | Rs. 6.037 Cr | Rs. 3.161 Cr | -47.64 % | -40.63 % |
| Interest | Rs. 9.24 Cr | Rs. 12.01 Cr | Rs. 10.29 Cr | -14.32 % | + 11.36 % |
| Depreciation | Rs. 4.47 Cr | Rs. 4.38 Cr | Rs. 4.64 Cr | + 5.94 % | + 3.8 % |
| Profit before tax | Rs. 24.95 Cr | Rs. 25.87 Cr | Rs. 25.08 Cr | -3.05 % | + 0.52 % |
| Tax % | 27.68 % | 25.52 % | 24.43 % | -1.09 % | -3.25 % |
| Net Profit | Rs. 18.05 Cr | Rs. 19.27 Cr | Rs. 18.95 Cr | -1.66 % | + 4.99 % |
| EPS in Rs | Rs. 1.01 | Rs. 1.08 | Rs. 1.06 | -1.85 % | + 4.95 % |
Today, we’re looking at PRECISION WIRES INDIA LTD.’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 22.46 %. However, it did see a marginal slip of -5.65 % from the previous quarter. Expenses decreased slightly by -5.92 % quarter-on-quarter, aligning with the annual rise of 22.98 %. Operating profit, while up 10.53 % compared to last year, faced a quarter-on-quarter increase of 1.74 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.41 %, but an expansion of 0.27 % sequentially. Other income fell by -47.64 % compared to the last quarter, despite an annual decline of -40.63 %. Interest expenses dropped significantly by -14.32 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.36 %. Depreciation costs climbed by 5.94 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.8 %. Profit before tax grew annually by 0.52 % but saw a reduction from the preceding quarter by -3.05 %.
Tax expenses as a percentage of profits decreased slightly by -3.25 % compared to last year, with a more notable quarter-on-quarter decrease of -1.09 %. Net profit rose by 4.99 % year-on-year but witnessed a -1.66 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.95 % but a quarterly fall of -1.85 %. In summary, PRECISION WIRES INDIA LTD.’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. 799.508 Cr | Rs. 1037.75 Cr | Rs. 979.105 Cr | -5.65 % | + 22.46 % |
| Expenses | Rs. 766.17 Cr | Rs. 1001.53 Cr | Rs. 942.25 Cr | -5.92 % | + 22.98 % |
| Operating Profit | Rs. 33.34 Cr | Rs. 36.22 Cr | Rs. 36.85 Cr | + 1.74 % | + 10.53 % |
| Net Profit | Rs. 18.05 Cr | Rs. 19.27 Cr | Rs. 18.95 Cr | -1.66 % | + 4.99 % |
| EPS in Rs | Rs. 1.01 | Rs. 1.08 | Rs. 1.06 | -1.85 % | + 4.95 % |
In reviewing PRECISION WIRES INDIA LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 22.46 % year-on-year growth, although there was a slight dip of -5.65 % from the previous quarter. Expenses rose by 22.98 % compared to the previous year, with a decrease of -5.92 % quarter-on-quarter. Operating Profit surged by 10.53 % annually, and saw a 1.74 % increase from the last quarter.
Net Profit showed yearly increase of 4.99 %, and experienced a -1.66 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 4.95 % annually, however dipped by -1.85 % compared to the last quarter. In essence, while PRECISION WIRES INDIA LTD. 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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