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Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -7.07 % over the year, decrease in net sales/revenue by -4.39 %. 🔹 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 38.82 %. Marginal increase in other income during this quarter, up by 35.39%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Wheels India Limited. Notable increase of 191.09 % in net profit Year to Year, Wheels India Limited’s profitability increased by 4.21 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 147.58 % Year to Year. EPS increased by 2.5 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1210.41 Cr | Rs. 1176.47 Cr | Rs. 1124.86 Cr | -4.39 % | -7.07 % |
Expenses | Rs. 1171.58 Cr | Rs. 1093.01 Cr | Rs. 1039.74 Cr | -4.87 % | -11.25 % |
Operating Profit | Rs. 38.83 Cr | Rs. 83.46 Cr | Rs. 85.12 Cr | + 1.99 % | + 119.21 % |
OPM % | 3.21 % | 7.09 % | 7.57 % | + 0.48 % | + 4.36 % |
Other Income | Rs. 2.37 Cr | Rs. 2.43 Cr | Rs. 3.29 Cr | + 35.39 % | + 38.82 % |
Interest | Rs. 30.44 Cr | Rs. 30.76 Cr | Rs. 30.94 Cr | + 0.59 % | + 1.64 % |
Depreciation | Rs. 0 Cr | Rs. 22.68 Cr | Rs. 24.05 Cr | + 6.04 % | 0 % |
Profit before tax | Rs. 10.76 Cr | Rs. 32.45 Cr | Rs. 33.42 Cr | + 2.99 % | + 210.59 % |
Tax % | 21.8 % | 25.84 % | 24.85 % | -0.99 % | + 3.05 % |
Net Profit | Rs. 8.75 Cr | Rs. 24.44 Cr | Rs. 25.47 Cr | + 4.21 % | + 191.09 % |
EPS in Rs | Rs. 4.14 | Rs. 10 | Rs. 10.25 | + 2.5 % | + 147.58 % |
Today, we’re looking at Wheels India 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 -7.07 %. However, it did see a marginal slip of -4.39 % from the previous quarter. Expenses decreased slightly by -4.87 % quarter-on-quarter, aligning with the annual decline of -11.25 %. Operating profit, while up 119.21 % compared to last year, faced a quarter-on-quarter increase of 1.99 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.36 %, but an expansion of 0.48 % sequentially. Other income rose by 35.39 % compared to the last quarter, despite an annual growth of 38.82 %. Interest expenses surged remarkably by 0.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.64 %. Depreciation costs climbed by 6.04 % quarter-on-quarter, Profit before tax grew annually by 210.59 % but saw an increase from the preceding quarter by 2.99 %.
Tax expenses as a percentage of profits increased slightly by 3.05 % compared to last year, with a more notable quarter-on-quarter decrease of -0.99 %. Net profit rose by 191.09 % year-on-year but experienced a 4.21 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 147.58 % but a quarterly rise of 2.5 %. In summary, Wheels India 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. 1210.41 Cr | Rs. 1176.47 Cr | Rs. 1124.86 Cr | -4.39 % | -7.07 % |
Expenses | Rs. 1171.58 Cr | Rs. 1093.01 Cr | Rs. 1039.74 Cr | -4.87 % | -11.25 % |
Operating Profit | Rs. 38.83 Cr | Rs. 83.46 Cr | Rs. 85.12 Cr | + 1.99 % | + 119.21 % |
Net Profit | Rs. 8.75 Cr | Rs. 24.44 Cr | Rs. 25.47 Cr | + 4.21 % | + 191.09 % |
EPS in Rs | Rs. 4.14 | Rs. 10 | Rs. 10.25 | + 2.5 % | + 147.58 % |
In reviewing Wheels India Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.07 % year-on-year, although there was a slight dip of -4.39 % from the previous quarter. Expenses decreased by -11.25 % compared to the previous year, with a decrease of -4.87 % quarter-on-quarter. Operating Profit surged by 119.21 % annually, and saw a 1.99 % increase from the last quarter.
Net Profit showed yearly increase of 191.09 %, and experienced a 4.21 % increase from the previous quarter. Earnings Per Share (EPS) rose by 147.58 % annually, however rose by 2.5 % compared to the last quarter. In essence, while Wheels India 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.