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Share the post "Steelcast ‘s Q3 2024-25 Latest News: Revenue Up by 12.73% 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 12.73 % in the past year, substantial increase in net sales/revenue by 34.13 %. 🔹 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 75.3 %. Marginal decrease of -40.55% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Steelcast Limited. Notable increase of 10.25 % in net profit Year to Year, Steelcast Limited’s profitability increased by 44.5 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 10.22 % Year to Year. EPS increased by 44.44 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 90.313 Cr | Rs. 75.905 Cr | Rs. 101.813 Cr | + 34.13 % | + 12.73 % |
| Expenses | Rs. 62.98 Cr | Rs. 56.33 Cr | Rs. 73.48 Cr | + 30.45 % | + 16.67 % |
| Operating Profit | Rs. 27.33 Cr | Rs. 19.58 Cr | Rs. 28.33 Cr | + 44.69 % | + 3.66 % |
| OPM % | 30.26 % | 25.8 % | 27.83 % | + 2.03 % | -2.43 % |
| Other Income | Rs. 0.506 Cr | Rs. 1.492 Cr | Rs. 0.887 Cr | -40.55 % | + 75.3 % |
| Interest | Rs. 0.01 Cr | Rs. 0.03 Cr | Rs. 0.24 Cr | + 700 % | + 2300 % |
| Depreciation | Rs. 4.44 Cr | Rs. 3.15 Cr | Rs. 3.16 Cr | + 0.32 % | -28.83 % |
| Profit before tax | Rs. 23.39 Cr | Rs. 17.89 Cr | Rs. 25.82 Cr | + 44.33 % | + 10.39 % |
| Tax % | 25.53 % | 25.71 % | 25.6 % | -0.11 % | + 0.07 % |
| Net Profit | Rs. 17.42 Cr | Rs. 13.29 Cr | Rs. 19.21 Cr | + 44.54 % | + 10.28 % |
| EPS in Rs | Rs. 8.61 | Rs. 6.57 | Rs. 9.49 | + 44.44 % | + 10.22 % |
Today, we’re looking at Steelcast 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 12.73 %. However, it did see a marginal increase of 34.13 % from the previous quarter. Expenses ticked up slightly by 30.45 % quarter-on-quarter, aligning with the annual rise of 16.67 %. Operating profit, while up 3.66 % compared to last year, faced a quarter-on-quarter increase of 44.69 %, 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 -2.43 %, but an expansion of 2.03 % sequentially. Other income fell by -40.55 % compared to the last quarter, despite an annual growth of 75.3 %. Interest expenses surged remarkably by 700 % from the previous quarter, yet the year-over-year increase remains at a moderate 2300 %. Depreciation costs climbed by 0.32 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -28.83 %. Profit before tax grew annually by 10.39 % but saw an increase from the preceding quarter by 44.33 %.
Tax expenses as a percentage of profits increased slightly by 0.07 % compared to last year, with a more notable quarter-on-quarter decrease of -0.11 %. Net profit rose by 10.28 % year-on-year but experienced a 44.54 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 10.22 % but a quarterly rise of 44.44 %. In summary, Steelcast 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. 90.313 Cr | Rs. 75.905 Cr | Rs. 101.813 Cr | + 34.13 % | + 12.73 % |
| Expenses | Rs. 62.98 Cr | Rs. 56.33 Cr | Rs. 73.48 Cr | + 30.45 % | + 16.67 % |
| Operating Profit | Rs. 27.33 Cr | Rs. 19.58 Cr | Rs. 28.33 Cr | + 44.69 % | + 3.66 % |
| Net Profit | Rs. 17.42 Cr | Rs. 13.29 Cr | Rs. 19.21 Cr | + 44.54 % | + 10.28 % |
| EPS in Rs | Rs. 8.61 | Rs. 6.57 | Rs. 9.49 | + 44.44 % | + 10.22 % |
In reviewing Steelcast Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.73 % year-on-year growth, however, there was a minor increase of 34.13 % from the previous quarter. Expenses rose by 16.67 % compared to the previous year, with a 30.45 % increase quarter-on-quarter. Operating Profit surged by 3.66 % annually, and saw a 44.69 % increase from the last quarter.
Net Profit showed yearly increase of 10.28 %, and experienced a 44.54 % increase from the previous quarter. Earnings Per Share (EPS) rose by 10.22 % annually, however rose by 44.44 % compared to the last quarter. In essence, while Steelcast 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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