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Vibhor Steel Tubes Ltd Q3 FY25 Results

VSTLQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue247.254.7%
Total Income247.434.7%
Expenditure242.933.5%
PBT4.50178.8%
Net Profit3.43287.3%
OPM-0.40%1.34pp
NPM1.39%1.02pp
EPS1.81285.1%
View full financials

Vibhor Steel Tubes Ltd Posts Sequential Growth in PAT at Rs 3.43 Crore in Q3FY25

08 Feb 2025 · 8 Feb 2025, 03:13 pm

Summary

Vibhor Steel Tubes Ltd, a high-quality steel tubes and pipes maker, has reported a standalone net profit of Rs 3.43 crore for the quarter ended December 31, 2024. This represents a sequential growth of 287% compared to Q2FY25, but a marginal decline of 20% compared to the same period last year. The company's operating income stood at Rs 247.25 crore in Q3FY25, a decrease of nearly 1.5% from Q3FY24. EBITDA for the quarter was Rs 9.81 crore. VSTL expects its sales to grow further due to robust demand from infrastructure, housing, and automobile sectors, and the government's emphasis on infrastructure development. The company has been diversifying its product basket and expects a further improvement in its operating margins in the coming quarters.

Key Highlights

  1. 1

    Sequential growth in PAT at Rs 3.43 crore in Q3FY25

  2. 2

    Marginal decline in PAT by 20% compared to the same period last year

  3. 3

    Decrease in operating income by nearly 1.5% in Q3FY25

  4. 4

    EBITDA at Rs 9.81 crore in Q3FY25

  5. 5

    Expectation of sales growth due to robust demand and government's emphasis on infrastructure development

  6. 6

    Operating Income at Rs 247.25 crore in Q3FY25 and Rs 708.08 crore in 9MFY25

  7. 7

    EBITDA at Rs 9.81 crore in Q3FY25 and Rs 26.32 crore in 9MFY25

Management Comments

V

Vijay Kaushik

Steel consumption in India has been steadily improving and our performance during the quarter is a testament to the robust demand from infrastructure, housing and automobile sectors. We expect the country’s steel consumption to grow by around 9-10 per cent during the current financial year backed by government’s steady emphasis on infrastructure development. This will give a further thrust to our sales. This, coupled with our new launches in the high margin segment is likely to boost our margins in the coming quarters.” “Union Budget 2025 has given a further impetus to the steel sector with the government laying a huge emphasis on infrastructure investments, facilitation of exports and providing direct incentives to boost both domestic production and consumption. This is also likely to augur well for us in the coming quarters.

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