Coimbatore, January 30, 2025 – Shanthi Gears Limited (NSE: SHANTIGEAR, BSE: 522034), a subsidiary of Tube Investments of India Limited, has announced its unaudited standalone financial results for the quarter and nine months ended December 31, 2024. The company reported a 51% year-on-year (YoY) increase in net profit and a 25% rise in revenue for Q3 FY 2024-25.
Key Financial Highlights (₹ in Crores)
| Particulars | Q3 FY25 (31-Dec-24) | Q2 FY25 (30-Sep-24) | Q3 FY24 (31-Dec-23) | 9M FY25 (31-Dec-24) | 9M FY24 (31-Dec-23) | FY24 (31-Mar-24) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 157.51 | 155.08 | 125.54 | 451.41 | 382.41 | 536.05 |
| Total Income | 161.40 | 158.45 | 129.15 | 462.06 | 393.95 | 557.11 |
| EBITDA (Calculated) | 38.84 | 37.53 | 27.16 | 108.41 | 86.72 | 122.85 |
| Profit Before Tax (PBT) | 35.43 | 34.30 | 23.95 | 98.68 | 77.73 | 109.64 |
| Net Profit (PAT) | 26.28 | 25.63 | 17.43 | 73.57 | 56.57 | 82.25 |
| EPS (₹ per share) | 3.43 | 3.34 | 2.27 | 9.59 | 7.37 | 10.72 |
Segment-Wise & Operational Performance
- Revenue Growth: The company recorded revenue of ₹157.51 crore, a 25% YoY growth from ₹125.54 crore in Q3 FY24.
- Profitability Surge: The profit before tax (PBT) saw a robust 48% YoY increase, reaching ₹35.43 crore.
- Operational Efficiency: Return on Average Invested Capital (ROIC) stood at an impressive 57% in Q3 FY25.
- Free Cash Flow: The company generated ₹23.1 crore in free cash flow during the quarter.