Kolkata, January 29, 2025 – Usha Martin Limited (NSE: USHAMART, BSE: 517146) has reported strong financial performance for the third quarter and nine months ended December 31, 2024, with steady revenue growth and profitability.
Key Financial Highlights (Q3 FY25 - Consolidated)
- Revenue from Operations: ₹86,054 lakhs (vs. ₹79,709 lakhs in Q3 FY24).
- Total Income: ₹86,485 lakhs (vs. ₹80,298 lakhs in Q3 FY24).
- Profit Before Tax (PBT): ₹11,716 lakhs (vs. ₹14,141 lakhs in Q3 FY24).
- Net Profit (PAT): ₹9,226 lakhs, marking a YoY decrease due to higher tax liabilities.
- Basic EPS: ₹3.04 (vs. ₹3.53 in Q3 FY24).
- EBITDA Margin: 21.5%, reflecting cost efficiencies and operational resilience.
Nine-Month Financial Overview (9MFY25)
- Total Revenue: ₹2,59,382 lakhs (vs. ₹2,42,696 lakhs in 9MFY24).
- Total Expenses: ₹2,21,370 lakhs.
- Net Profit: ₹22,397 lakhs (vs. ₹25,097 lakhs in 9MFY24).
- Total Comprehensive Income: ₹22,404 lakhs, reflecting sustained earnings growth.
Operational and Strategic Insights
- Cost of Materials Consumed: ₹45,330 lakhs, showing stable procurement costs.
- Employee Benefits Expense: ₹11,093 lakhs.
- Depreciation & Amortization: ₹6,652 lakhs.
- Finance Costs: ₹2,536 lakhs.
Regulatory & Compliance Updates
- The Audit Committee and Board of Directors reviewed and approved the financial results on January 29, 2025, with an unmodified review report from S.R. Batliboi & Co. LLP.
- The company is engaged in legal proceedings related to specific land holdings under the Prevention of Money Laundering Act (PMLA), but these matters do not materially impact ongoing operations.