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Share the post "The Hi-Tech Gears ‘s Q3 2024-25 Latest News: Revenue Dropped by 25.15% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -25.15 % over the year, decrease in net sales/revenue by -15.87 %. 🔹 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 15.4 %. Marginal increase in other income during this quarter, up by 9.65%. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for The Hi-Tech Gears Limited. Profit dropped by -41.07 % Year to Year, The Hi-Tech Gears Limited’s profitability dropped by -38.67 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -41.04 % Year to Year. EPS decreased by -38.67 % 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. 188.823 Cr | Rs. 168.007 Cr | Rs. 141.339 Cr | -15.87 % | -25.15 % |
| Expenses | Rs. 164.71 Cr | Rs. 147.56 Cr | Rs. 127.22 Cr | -13.78 % | -22.76 % |
| Operating Profit | Rs. 24.11 Cr | Rs. 20.45 Cr | Rs. 14.12 Cr | -30.95 % | -41.44 % |
| OPM % | 12.77 % | 12.17 % | 9.99 % | -2.18 % | -2.78 % |
| Other Income | Rs. 6.409 Cr | Rs. 6.745 Cr | Rs. 7.396 Cr | + 9.65 % | + 15.4 % |
| Interest | Rs. 5.01 Cr | Rs. 3.1 Cr | Rs. 2.8 Cr | -9.68 % | -44.11 % |
| Depreciation | Rs. 7.87 Cr | Rs. 8.23 Cr | Rs. 8.24 Cr | + 0.12 % | + 4.7 % |
| Profit before tax | Rs. 17.64 Cr | Rs. 15.87 Cr | Rs. 10.48 Cr | -33.96 % | -40.59 % |
| Tax % | 28.18 % | 23.18 % | 28.71 % | + 5.53 % | + 0.53 % |
| Net Profit | Rs. 12.68 Cr | Rs. 12.18 Cr | Rs. 7.47 Cr | -38.67 % | -41.09 % |
| EPS in Rs | Rs. 6.74 | Rs. 6.47 | Rs. 3.97 | -38.64 % | -41.1 % |
Today, we’re looking at The Hi-Tech Gears Limited’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 -25.15 %. However, it did see a marginal slip of -15.87 % from the previous quarter. Expenses decreased slightly by -13.78 % quarter-on-quarter, aligning with the annual decline of -22.76 %. Operating profit, while down -41.44 % compared to last year, faced a quarter-on-quarter dip of -30.95 %, 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 -2.78 %, but a shrinkage of -2.18 % sequentially. Other income rose by 9.65 % compared to the last quarter, despite an annual growth of 15.4 %. Interest expenses dropped significantly by -9.68 % from the previous quarter, yet the year-over-year decrease remains at a moderate -44.11 %. Depreciation costs climbed by 0.12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.7 %. Profit before tax declined annually by -40.59 % but saw a reduction from the preceding quarter by -33.96 %.
Tax expenses as a percentage of profits increased slightly by 0.53 % compared to last year, with a more notable quarter-on-quarter increase of 5.53 %. Net profit fell by -41.09 % year-on-year but witnessed a -38.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.1 % but a quarterly fall of -38.64 %. In summary, The Hi-Tech Gears 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. 188.823 Cr | Rs. 168.007 Cr | Rs. 141.339 Cr | -15.87 % | -25.15 % |
| Expenses | Rs. 164.71 Cr | Rs. 147.56 Cr | Rs. 127.22 Cr | -13.78 % | -22.76 % |
| Operating Profit | Rs. 24.11 Cr | Rs. 20.45 Cr | Rs. 14.12 Cr | -30.95 % | -41.44 % |
| Net Profit | Rs. 12.68 Cr | Rs. 12.18 Cr | Rs. 7.47 Cr | -38.67 % | -41.09 % |
| EPS in Rs | Rs. 6.74 | Rs. 6.47 | Rs. 3.97 | -38.64 % | -41.1 % |
In reviewing The Hi-Tech Gears Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -25.15 % year-on-year, although there was a slight dip of -15.87 % from the previous quarter. Expenses decreased by -22.76 % compared to the previous year, with a decrease of -13.78 % quarter-on-quarter. Operating Profit dropped by -41.44 % annually, and saw a -30.95 % decrease from the last quarter.
Net Profit showed yearly decrease of -41.09 %, and experienced a -38.67 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -41.1 % annually, however dipped by -38.64 % compared to the last quarter. In essence, while The Hi-Tech Gears 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.
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