Conference Call with Kalyan Jewellers India Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Gems & Jewellery company Kalyan Jewellers India announced Q3FY25 results Consolidated revenue of Rs 7,287 crore in Q3FY25 as against Rs 5,223 crore in Q3FY24, a growth of 40%. Consolidated PAT for Q3FY25 was Rs 219 crore as against a PAT of Rs 180 crore for Q3FY24. Consolidated PAT growth would be 44% adjusting for the loss due to reduction in customs duty (announced during Union Budget in July 2024). Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India, said: “We are extremely excited with the way the current year has progressed. The current quarter has started off well despite the volatility in gold prices. We are upbeat about the ongoing wedding season and expect to end the financial year on a strong note. We are on track for the launch of 30 Kalyan showrooms and 15 Candere showrooms in India during the current quarter.” Result PDF
Conference Call with Blue Star Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Consumer Electronics company Voltas announced Q3FY25 results Consolidated Total Income grew by 18%, reaching Rs 3,164 crore, compared to Rs 2,684 crore in Q3FY24. Profit before tax soared by 699%, amounting to Rs 191 crore from Rs 24 crore. Net Profit (after tax) also saw a substantial increase, climbing to Rs 131 crore from an after-tax loss of Rs 28 crore in Q3FY24. Pradeep Bakshi said: "It has been a privilege to be associated with Voltas for over two decades. I am deeply grateful to our employees, partners, and stakeholders for their unwavering support. I am confident that Mr Menon's leadership and expertise will guide Valtas to even greater heights." Mukundan Menon said: "I am honoured to have the opportunity to lead Valtas, a company renowned for its commitment to excellence and innovation. I look forward to building on the strong foundation and working with our talented team to deliver sustainable growth and value for our stakeholders. Noel Tata, Chairman, Voltas, stated: "On behalf of the Board, I extend our appreciation to Pradeep for his contributions to Valtas over the years. His leadership has been instrumental in making Valtas the undisputed market leader in the Indian Room Air Conditioner market. We are pleased to appoint Mukundan in his new role as the MD designate. His deep understanding of the industry and proven track record make him the ideal leader to steer Valtas into the future." Result PDF
Consumer Electronics company Blue Star announced Q3FY25 results The Company’s Revenue from Operations increased by 25.3% to Rs 2807.36 crore for the quarter ended Dec 31, 2024, compared to Rs 2241.19 crore during the same period the previous year. The Operating Profit (PBIDTA excluding Other Income) for the quarter improved significantly to Rs 209.38 crore (7.5% of Revenue) compared to Rs 155.35 crore in Q3FY24 (6.9% of Revenue). Tax expense for the quarter was Rs 46.53 crore compared to Rs 33.93 crore in Q3FY24. Profit Before Exceptional Items and Tax grew by a significant 24.5% to Rs 167.2 crore during the quarter compared to Rs 134.29 crore in the same period of the previous year. Consequently, Net Profit for the quarter (after Exceptional Income) grew a significant 32% to Rs 132.46 crore compared to Rs 100.46 crore in the same quarter last year. Earnings per share (Face value of Rs 2.00) for Q3FY25 stood at Rs 6.44 as compared to Rs 4.89 for Q3FY24. The Company ended the quarter with a net cash position of Rs 102 crore as compared to a net cash position of Rs 157 crore as of December 31, 2023. Vir S. Advani, Chairman & Managing Director, Blue Star adds, “As we conclude yet another quarter on a strong note, we are hopeful that the growth momentum shall continue owing to the key drivers such as the forthcoming summer season, record carriedforward order book, a potential revival in government spending, and increased capex from the private sector. However, challenges such as the depreciation of the Indian Rupee, rising commodity prices, and potential supply chain disruptions may pose obstacles. We have implemented strong mitigation strategies to address these challenges and are confident of continuing to deliver value to our stakeholders. We remain optimistic about FY25 being yet another remarkable year for the Company.” Result PDF