Mumbai, January 30, 2025 – Chandni Machines Limited (BSE: 542627, CHANDNIMACH) has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2024. The company reported strong revenue growth, with Q3 FY25 revenue reaching ₹4,822.86 lakh, up from ₹3,952.99 lakh in Q3 FY24.
Key Financial Highlights (Standalone)
Quarterly Performance (Q3 FY25 vs. Q3 FY24)
| Particulars | Q3 FY25 (₹ lakh) | Q2 FY25 (₹ lakh) | Q3 FY24 (₹ lakh) |
|---|---|---|---|
| Revenue from Operations | 4,822.86 | 3,858.76 | 3,952.99 |
| Other Income | (-2.03) | 93.38 | 33.08 |
| Total Income | 4,820.85 | 3,952.14 | 3,986.07 |
| Total Expenses | 4,811.05 | 3,909.79 | 3,924.76 |
| Profit Before Tax | 9.79 | 42.35 | 61.31 |
| Net Profit | 3.63 | 26.22 | 45.41 |
| Basic EPS (₹) | 0.11 | 0.81 | 1.41 |
- Revenue increased 22% YoY (₹4,822.86 lakh vs. ₹3,952.99 lakh).
- Net Profit declined significantly, dropping 92% YoY from ₹45.41 lakh to ₹3.63 lakh.
- Earnings per Share (EPS) fell from ₹1.41 to ₹0.11.
Nine-Months Performance (9M FY25 vs. 9M FY24)
| Particulars | 9M FY25 (₹ lakh) | 9M FY24 (₹ lakh) |
|---|---|---|
| Revenue from Operations | 14,908.79 | 12,492.01 |
| Net Profit | 127.24 | 166.43 |
| Basic EPS (₹) | 3.94 | 5.16 |
- Revenue for 9M FY25 grew 19% YoY, indicating strong operational performance.
- Net profit declined by 23.5% YoY, primarily due to rising costs and lower profit margins.
Segment-Wise Performance
- The company operates in a single segment – trading in engineering goods, and hence, no segmental reportingis applicable.
Key Takeaways from the Auditor’s Review
The independent auditor’s report states:- The financial statements comply with Ind AS 34 and SEBI Listing Regulations.
- No material misstatements were found during the review.
- Other income for Q3 FY25 was negative due to losses on sale of investments through P&L.
Management Commentary
Jayesh R. Mehta, Chairman & Managing Director, commented:"While we have achieved significant revenue growth, our profitability has been impacted by higher costs and a one-time investment loss. We remain focused on strengthening our margins and operational efficiency in the coming quarters."
Strategic Outlook
- Cost Control Measures: The company plans to optimize expenses to improve profit margins.
- Market Expansion: Increased focus on domestic and international trading opportunities.
- Investment Strategy Adjustment: Lessons from Q3 FY25 investment losses will inform future financial planning.