John Cockerill India (500147) Q3 24/25 earnings summary

Executive summary

• Unaudited financial results for the quarter and nine months ended September 30, 2024, were reviewed by the Audit Committee and approved by the Board on October 28, 2024.

• The company operates in a single segment: Original Equipment Manufacture and Project Management.

Financial highlights

• Revenue from operations for Q3 2024 was ₹7,603.68 lakhs, down from ₹9,328.67 lakhs in Q2 2024 and ₹19,156.43 lakhs in Q3 2023.

• Total income for the nine months ended September 30, 2024, was ₹60,531.85 lakhs, compared to ₹31,638.73 lakhs for the same period in 2023.

• Net loss for Q3 2024 was ₹1,004.69 lakhs, compared to a net profit of ₹738.36 lakhs in Q3 2023.

• Net profit for the nine months ended September 30, 2024, was ₹2,629.68 lakhs, compared to ₹2,607.02 lakhs for the same period in 2023.

• Basic and diluted EPS for the nine months ended September 30, 2024, was ₹4.16.

Outlook and guidance

• Results are dependent on gross margins of the product and project mix, which vary each quarter.