Q1FY25 Quarterly Result Announced for Hero MotoCorp Ltd.
Automobile company Hero MotoCorp announced Q1FY25 results:
- Volume - 15.35 lakh units of motorcycles and scooters sold in Q1 FY’25 (Vs 13.53 lakh units Q1 FY’24)
- Revenue from operations - Rs 10,144 crore (highest ever quarterly Revenue), a growth of 16% over the corresponding quarter in the previous fiscal
- Earnings before Interest, Tax, Depreciation & Amortization (EBITDA) for Q1 FY’25 stands at Rs 1,460 crore, a growth of 21%
- Profit before tax (PBT) - at Rs 1,494 crore, a growth of 36%
- Net Profit After Tax (PAT) - at Rs 1,123 crore a growth of 36%. Highest ever quarterly underlying profit, adjusted for exceptional items.
Mr. Niranjan Gupta, Chief Executive Officer (CEO), Hero MotoCorp, said, “We continue to be on the profitable growth journey, crossing Rs 10,000 crore revenue for the first time ever, accompanied by highest ever underlying PAT. As we surge forward, we are investing behind long term capability building to ensure sustained delivery of growth in future.
We are seeing a sharp recovery in market share in 125 cc segment charged by the new model Xtreme 125 cc, while we continue to maintain formidable market share in entry and deluxe 100/110 cc segment of over 70% powered by our brands like Splendor, Passion, and HF deluxe. Our focus moving forward will be, building our brands in premium segment on the back of launches done in last few quarters, to win in this segment. We will be launching new models in scooters as well in next 2 qtrs, to re?energise this portfolio.
We have seen now our EV brand Vida starting to increase its presence and market share, and we will be expanding portfolio into affordable segment within this fiscal.
The overall economic indicators in India are promising, and the inclusive policies as well as capital allocation to infra and rural sector announced in union budget is expected to bolster demand. With inflationary pressures easing, consumer spending power is set to rise, further driving momentum as we gear up for a big festive season ahead.
“Overall, we are optimistic about the demand trajectory for the coming quarters Our product launches and strategic initiatives are well?aligned to capitalize on this positive market environment, ensuring continued growth and value creation for all our stakeholders”
Q1FY25 Quarterly Result Announced for Ashoka Buildcon Ltd.
Roads & Highways company Ashoka Buildcon announced Q1FY25 results:
- Total Income: Rs 1,900.8 crore (YoY growth: 22%)
- EBITDA: Rs 145.1 crore (YoY growth: 52%)
- EBITDA Margin: 7.6% (up by 150 bps from 6.1%)
- Profit Before Tax (PBT): Rs 56.5 crore (YoY growth: 158%)
- Profit After Tax (PAT): Rs 40.8 crore (YoY growth: 148%)
Q1FY25 Quarterly Result Announced for JNK India Ltd.
Other Industrial Products company JNK India announced Q1FY25 results:
- Total Revenue increased by 138.2% YoY to Rs 908 million.
- Operating profit reached to Rs 352 million, with a margin of 38.8%.
- Creation of ESOP reserve of Rs 54.6 million under employee benefit expenses, resulting in increase in ‘other equity’.
- Impressive expansion in order book at Rs 12,461 million in Q1FY25, up from Rs 8,450 million as at 9MFY24.
- Order inflow of Rs 7,098 million in a single quarter..
Q1FY25 Quarterly Result Announced for Equinox India Developments Ltd.
Realty company Equinox India Developments announced Q1FY25 results:
- Pre-sales of Rs 82 crore
- New Bookings of 68k sq. ft.
- Gross Collections of Rs 105 crore
- Construction Expenditure of Rs 63 crore in Q1, with a spend-to-collections ratio of 60%
- Projects Net Surplus of Rs 11,339 crore; Surplus for completed/near-completion projects of Rs 630 crore; Pending costs of Rs 526 crore fully covered by receivables
- New Project Launch of Upcoming launch of a new phase in One Indiabulls Thane project scheduled for October 2024
- Land Monetization of ~6.5 acres in MMR valued at Rs 12.5 crore; Ready Reckoner value at Rs 8.3 crore
- Gross Debt of Rs 269 crore with an average ROI of 13.30%, and a debt-to-equity ratio of 0.07x; Total Equity stands at Rs 4,088 crore
- Cash & Cash Equivalents of Rs 365 crore; Net cash positive of Rs 96 crore after debt repayment
Q1FY25 Quarterly Result Announced for K P Energy Ltd.
Electric Utilities company K P Energy announced Q1FY25 results:
- The Company has reported its highest ever Q1 Total Revenue at Rs 135.21 crore during Q1FY25 which reflects a growth of 19% compared to the Total Revenue of Q1FY24 (Rs 113.36 crore) on a consolidated basis.
- The Company has also achieved highest ever Q1 Revenue from the Operations at Rs 127.18 crore during Q1FY25 depicting 13% growth in comparison to the Revenue from Operations of Q1FY24 (Rs 112.98 crore) on a consolidated basis.
- The Company has reported highest ever Revenue from the Sale of Power segment during the Q1FY25 at Rs 7.13 crore depicting a growth of 112% in comparison to Rs 3.37 crore during Q1FY24. The Company has commissioned a 1.5 MW Solar IPP Project in its wholly owned subsidiary – KP Energy OMS Ltd., in Q4FY24, and the Revenues from Sale of Power towards the same has been reported in this quarter.
- The other income in majority constitutes the part payment received towards the insurance claim for the 10 MW Solar IPP Project.
- The consolidated Profit Before Tax for the current quarter is reported at Rs 23.14 crore as against that of Rs 17.48 crore in Q1FY24 which reports an increase of 32%. This has been the highest ever Q1 Profit Before Tax. The Profit After Tax has also been reported at the highest ever Q1 value at Rs 18.21 crore.
- The reported basic EPS of the Company has enhanced from Rs 2.28 in Q1Y24 to Rs 2.73 in Q1FY25.