Ahluwalia Contracts (India) Ltd's Q3FY25 Quarterly Results
- 12 Feb 2025
Result Summary
- Ahluwalia Contracts (India) Ltd reported a 5.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 6.6%.
- Its expenses for the quarter were down by 7.3% QoQ and 4.3% YoY.
- The net profit increased 28.0% QoQ and decreased 29.5% YoY.
- The earnings per share (EPS) of Ahluwalia Contracts (India) Ltd stood at 7.4 during Q3FY25.
Financial Statments for Q3FY25
Total Income | 966.82 | 1023.19 | 1035.50 | -5.5% | -6.6% |
Total Expenses | 900.06 | 970.61 | 940.48 | -7.3% | -4.3% |
Profit Before Tax | 66.75 | 52.57 | 94.61 | 27.0% | -29.4% |
Tax | 17.30 | 14.15 | 24.37 | 22.3% | -29.0% |
Profit After Tax | 49.51 | 38.67 | 70.24 | 28.0% | -29.5% |
Earnings Per Share | 7.40 | 5.80 | 10.50 | 27.6% | -29.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ahluwalia Contracts (India) Ltd is a renowned player in the construction industry, primarily engaged in the business of construction and civil engineering. The company is known for its expertise in executing large-scale infrastructure projects across India. Its portfolio includes the construction of institutional buildings, commercial complexes, hospitals, hotels, and residential projects. Ahluwalia Contracts has carved a niche for itself in the industry with its commitment to quality and timely delivery of projects. The company has been at the forefront of adopting modern construction techniques and has a robust portfolio of completed projects. While specific recent developments are not detailed here, the company continues to operate in a highly competitive and dynamic market environment.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Ahluwalia Contracts reported total income of ₹966.82 crores. This represents a decrease of 5.5% from the previous quarter (Q2FY25), where the total income was ₹1,023.19 crores. On a year-over-year basis, comparing Q3FY25 to the same quarter in the previous fiscal year (Q3FY24), the company's total income decreased by 6.6% from ₹1,035.50 crores. The decline in revenue on both a quarterly and yearly basis is a key data point, highlighting the challenges faced in maintaining revenue levels over these periods.
Profitability
The company's profitability in Q3FY25 improved on a quarter-over-quarter basis. Profit Before Tax (PBT) for the quarter was ₹66.75 crores, marking an increase of 27.0% from ₹52.57 crores in Q2FY25. However, when compared to the same quarter in the previous fiscal year, PBT decreased by 29.4% from ₹94.61 crores. Similarly, Profit After Tax (PAT) for Q3FY25 stood at ₹49.51 crores, showing a growth of 28.0% from ₹38.67 crores in the previous quarter but a decline of 29.5% from ₹70.24 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 was ₹7.40, which represents a 27.6% increase from the previous quarter's EPS of ₹5.80, yet it decreased by 29.5% from the same period in the previous year, where the EPS was ₹10.50.
Operating Metrics
Ahluwalia Contracts reported total expenses of ₹900.06 crores for Q3FY25, a reduction of 7.3% from ₹970.61 crores in the previous quarter. On a year-over-year basis, total expenses decreased by 4.3% from ₹940.48 crores in Q3FY24. The tax expense for the current quarter was ₹17.30 crores, which is 22.3% higher than the previous quarter's tax of ₹14.15 crores, but 29.0% lower than the tax expense of ₹24.37 crores in the same quarter last year. These financial metrics provide insights into the company's operational efficiency and cost management over the reported periods.