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Share the post "Race Eco Chain ‘s Q3 2024-25 Latest News: Revenue Rises by 131.71% 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 131.71 % in the past year, substantial increase in net sales/revenue by 58.45 %. 🔹 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 85.23 %. Marginal decrease of -93.72% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Race Eco Chain Limited. Notable increase of 200.85 % in net profit Year to Year, Race Eco Chain Limited’s profitability dropped by -56.01 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS increased by 186.11 % Year to Year. EPS decreased by -55.98 % 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. 72.684 Cr | Rs. 106.29 Cr | Rs. 168.415 Cr | + 58.45 % | + 131.71 % |
| Expenses | Rs. 71.21 Cr | Rs. 104.43 Cr | Rs. 165.38 Cr | + 58.36 % | + 132.24 % |
| Operating Profit | Rs. 1.47 Cr | Rs. 1.86 Cr | Rs. 3.04 Cr | + 63.44 % | + 106.8 % |
| OPM % | 2.02 % | 1.75 % | 1.81 % | + 0.06 % | -0.21 % |
| Other Income | Rs. 0.149 Cr | Rs. 4.392 Cr | Rs. 0.276 Cr | -93.72 % | + 85.23 % |
| Interest | Rs. 0.77 Cr | Rs. 1.01 Cr | Rs. 0.75 Cr | -25.74 % | -2.6 % |
| Depreciation | Rs. 0.14 Cr | Rs. 0.17 Cr | Rs. 0.18 Cr | + 5.88 % | + 28.57 % |
| Profit before tax | Rs. 0.71 Cr | Rs. 5.07 Cr | Rs. 2.39 Cr | -52.86 % | + 236.62 % |
| Tax % | 18.06 % | 20.35 % | 25.42 % | + 5.07 % | + 7.36 % |
| Net Profit | Rs. 0.59 Cr | Rs. 4.04 Cr | Rs. 1.78 Cr | -55.94 % | + 201.69 % |
| EPS in Rs | Rs. 0.36 | Rs. 2.34 | Rs. 1 | -57.26 % | + 177.78 % |
Today, we’re looking at Race Eco Chain 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 131.71 %. However, it did see a marginal increase of 58.45 % from the previous quarter. Expenses ticked up slightly by 58.36 % quarter-on-quarter, aligning with the annual rise of 132.24 %. Operating profit, while up 106.8 % compared to last year, faced a quarter-on-quarter increase of 63.44 %, 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 -0.21 %, but an expansion of 0.06 % sequentially. Other income fell by -93.72 % compared to the last quarter, despite an annual growth of 85.23 %. Interest expenses dropped significantly by -25.74 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.6 %. Depreciation costs climbed by 5.88 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.57 %. Profit before tax grew annually by 236.62 % but saw a reduction from the preceding quarter by -52.86 %.
Tax expenses as a percentage of profits increased slightly by 7.36 % compared to last year, with a more notable quarter-on-quarter increase of 5.07 %. Net profit rose by 201.69 % year-on-year but witnessed a -55.94 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 177.78 % but a quarterly fall of -57.26 %. In summary, Race Eco Chain 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. 72.684 Cr | Rs. 106.29 Cr | Rs. 168.415 Cr | + 58.45 % | + 131.71 % |
| Expenses | Rs. 71.21 Cr | Rs. 104.43 Cr | Rs. 165.38 Cr | + 58.36 % | + 132.24 % |
| Operating Profit | Rs. 1.47 Cr | Rs. 1.86 Cr | Rs. 3.04 Cr | + 63.44 % | + 106.8 % |
| Net Profit | Rs. 0.59 Cr | Rs. 4.04 Cr | Rs. 1.78 Cr | -55.94 % | + 201.69 % |
| EPS in Rs | Rs. 0.36 | Rs. 2.34 | Rs. 1 | -57.26 % | + 177.78 % |
In reviewing Race Eco Chain Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 131.71 % year-on-year growth, however, there was a minor increase of 58.45 % from the previous quarter. Expenses rose by 132.24 % compared to the previous year, with a 58.36 % increase quarter-on-quarter. Operating Profit surged by 106.8 % annually, and saw a 63.44 % increase from the last quarter.
Net Profit showed yearly increase of 201.69 %, and experienced a -55.94 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 177.78 % annually, however dipped by -57.26 % compared to the last quarter. In essence, while Race Eco Chain Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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