Iron & Steel Products company Usha Martin announced Q3FY25 results Financial Highlights Q3FY25: Revenue from operations increased by 8.0% to Rs 860.5 crore in Q3FY25 Growth in the core Wire Rope segment (up by 9.8% YoY) and the Wire & Strand segment (up by 17.6% YoY) contributed positively to the revenue, while revenue from the LRPC segment declined (down by 1.4% YoY) Q3FY25 Operating EBITDA stood at Rs 142.7 crore as against Rs 157.1 crore, lower by 9.1% Operating EBITDA margin stood at 16.6% in Q3FY25 compared to 19.7% in Q3FY24 The Company's margin performance reflected the impact of softer realizations and challenging market conditions, particularly in international markets, while a diversified and optimized product portfolio continued to support performance In Q3FY25, PBT amounted to Rs 117.6 crore, a 15.7% YoY decrease from Rs 139.6 crore PAT amounted to Rs 92.3 crore in Q3FY25 as against Rs 107.5 crore in Q3FY24 Basic EPS stood at Rs 3.04 for the quarter Rajeev Jhawar, Managing Director said, “Usha Martin delivered healthy volume growth of ~11% and a revenue increase of ~8% YoY in Q3FY25, despite a challenging global environment. Our operating profits were impacted by softer realizations and subdued market conditions in this quarter, particularly in international markets, which affected our margins and bottom-line performance. However, we believe the Company's operational resilience and inherent strengths helped us navigate most of these macro-led headwinds to a large extent. As part of our long-term strategy, we have embarked on the next phase of transformation under the ‘One Usha Martin’ approach. This initiative is aimed at integrating our global operations to enhance efficiency, optimize costs, and strengthen our competitive edge. Key focus areas include centralizing procurement to leverage economies of scale, streamlining logistics for improved cost efficiency and delivery timelines, and optimizing our manufacturing operations in Brunton Shaw UK. 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. While these efforts will take some time to fully materialize, they are designed to deliver long-term value and significantly enhance our operational efficiencies. 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” Result PDF