| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 860.54 | 3.4% |
| Total Income | 864.45 | 3.7% |
| Expenditure | 752.10 | 1.1% |
| PBT | 112.35 | 18.1% |
| Net Profit | 92.26 | 15.6% |
| OPM | 8.62% | 2.58pp |
| NPM | 10.06% | 1.64pp |
| EPS | 3.04 | 15.3% |
Usha Martin Reports 8.0% Y-o-Y Revenue Growth in Q3 FY25, Despite Challenging Market Conditions
30 Jan 2025 · 30 Jan 2025, 02:18 am
Summary
Usha Martin Limited, a leading specialty wire rope solutions provider globally, has announced its financial results for the quarter and nine months ended 31st December 2024. The company reported an 8.0% Y-o-Y increase in revenues to Rs. 860.5 crore in Q3 FY25, but the operating EBITDA stood at Rs. 142.7 crore, a decrease of 9.1% Y-o-Y. The PBT for the quarter was Rs. 117.6 crore, down by 15.7% Y-o-Y. The company's performance was affected by softer realizations and challenging market conditions, particularly in international markets. Usha Martin is implementing a 'One Usha Martin' approach to enhance efficiency, optimize costs, and strengthen its competitive edge.
Key Highlights
- 1
Revenues grew by 8.0% Y-o-Y to Rs. 860.5 crore in Q3 FY25
- 2
Operating EBITDA stood at Rs. 142.7 crore, a decrease of 9.1% Y-o-Y
- 3
PBT for the quarter was Rs. 117.6 crore, down by 15.7% Y-o-Y
- 4
Usha Martin is implementing a 'One Usha Martin' approach for operational resilience and long-term strategy
- 5
Net profit of Rs. 92.3 crore in Q3 FY25
Management Comments
Mr. Rajeev Jhawar
Managing Director
Usha Martin delivered healthy volume growth of ~11% and a revenue increase of ~8% Y-o-Y in Q3 FY25, despite a challenging global environment... Building on the successful turnaround achieved over the past few years, the ‘One Usha Martin’ initiative is a significant step toward future proofing our business, driving margin improvements, and increasing operating leverage... Following the recent unveiling of our refreshed brand identity, we remain optimistic about the future and confident in our ability to leverage integration synergies to drive further improvements... With our diverse product portfolio, robust manufacturing and R&D capabilities, along with a growing network across global and domestic markets, we believe, we are well-positioned to meet evolving customer needs while driving sustainable value creation for all stakeholders.
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