Manaksia Coated Metals & Industries Ltd's Q3FY25 Quarterly Results

Result Summary

• Manaksia Coated Metals & Industries Ltd reported a 17.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 7.1%.
• Its expenses for the quarter were up by 15.1% QoQ and 6.6% YoY.
• The net profit increased 112.3% QoQ and increased 23.7% YoY.
• The earnings per share (EPS) of Manaksia Coated Metals & Industries Ltd stood at 0.7 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Manaksia Coated Metals & Industries Ltd is a company that specializes in the production and distribution of coated metal products. The company operates within the broader metals and mining industry, focusing on providing a range of metal solutions that are utilized in various industrial applications. As of the latest available information, there are no specific details on recent major developments for Manaksia Coated Metals & Industries Ltd. The company typically engages in the manufacture of products such as galvanized steel and color-coated sheets, serving both domestic and international markets.

Revenue

In the third quarter of FY25, Manaksia Coated Metals & Industries Ltd reported a total income of ₹207.83 crores. This represents an increase of 17.7% quarter-over-quarter (QoQ) from ₹176.60 crores in Q2FY25. When compared year-over-year (YoY), the total income rose by 7.1% from ₹194.14 crores in Q3FY24. The upward movement in total income suggests the company experienced growth in its revenue streams during this period.

Profitability

The company's profitability metrics for Q3FY25 indicate a Profit Before Tax (PBT) of ₹6.71 crores, which marks a significant increase of 113.7% QoQ from ₹3.14 crores in Q2FY25 and a YoY rise of 23.6% from ₹5.43 crores in Q3FY24. After accounting for taxes of ₹1.70 crores, the Profit After Tax (PAT) stood at ₹5.01 crores, showing a 112.3% QoQ increase from ₹2.36 crores and a 23.7% YoY increase from ₹4.05 crores. The Earnings Per Share (EPS) for this quarter was ₹0.70, which reflects a growth of 133.3% QoQ and 16.7% YoY. These figures indicate a notable improvement in the company's profitability over the analyzed periods.

Operating Metrics

The company's total expenses in Q3FY25 were ₹201.12 crores, representing a 15.1% QoQ increase from ₹174.66 crores in Q2FY25 and a 6.6% YoY increase from ₹188.71 crores in Q3FY24. The increase in expenses is consistent with the rise in total income, suggesting operational expansion or increased operational costs. The tax paid in Q3FY25 was ₹1.70 crores, which increased by 117.9% QoQ from ₹0.78 crores and by 22.3% YoY from ₹1.39 crores. These metrics highlight the operational aspects of the company during the third quarter, with a focus on managing both income and expenses amidst varying economic conditions.