Menon Bearings Q3 Results January 24, 2025: Profit down 0%, profit at Rs 547 crore, revenue at Rs 5839 million

2025-01-24 10:50:00 :

Menon Bearings Q3 Results 2025: Menon Bearings announced its third-quarter results on January 23, 2025, reporting year-over-year growth of 13.4%. However, the company’s profits remained stagnant, showing 0% year-on-year growth and a total profit of 5.47 Crore and Revenue 58.39 Crore.

Menon Bearing’s revenue fell by 1.68% compared to the previous quarter, while its profit declined significantly by 18.36%. Despite year-over-year revenue growth, the quarter-to-quarter performance still raises concerns about the company’s earnings trends.

Menon Bearing’s selling, general and administrative expenses fell 2.49% in the quarter but grew 10.51% year-on-year, indicating underlying efficiencies in managing operating costs.

Operating income fell by a quarter of 19.13% but increased by 1.37% year over year. This mixed performance further complicates Menon Bearing’s financial outlook as it contributes to its operational challenges.

Earnings per share (EPS) for the third quarter 0.98, unchanged from the year-ago quarter, reflecting stagnant profits despite higher revenue.

Menon Bearings provided a return of -2.03% in the last week and -9.02% in the past 6 months, giving it an annual return of -0.05%, indicating challenging market conditions.

Currently, Menon bearings have 664.41 million, 52-week high 158 and lows 108.1, reflecting fluctuations in its stock performance.

Menon Bearing Finance

periodQ3 (FY25)Q2 (FY25)QOQ growthQ3 (FY24)annual growth
total revenue58.3959.39-1.68%51.49+13.4%
Total Selling/General/Administrative Expenses10.210.46-2.49%9.23+10.51%
Depreciation/Amortization2.352.35-0%2.2+6.82%
total operating expenses50.9950.24+1.49%44.19+15.39%
operating income7.49.15-19.13%7.3+1.37%
net income before taxes7.318.98-18.6%7.28+0.41%
net income5.476.7-18.36%5.47-0%
Diluted normalized EPS0.981.2-18.33%0.98-0%
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