India Motor Parts & Accessories Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Latest quarter shows a significant net profit increase to ₹22.60 crore, continuing an upward trend since Q3 2023.
Revenue has stabilized around ₹180 crore, indicating a recovery after dips in earlier quarters.
Other income reached ₹15.05 crore, contributing positively to overall profit margins.

NEGATIVES

Revenue dipped from ₹194.53 crore in Q2 2023 to ₹181.69 crore in Q3 2023, suggesting potential volatility.
Operating profit margin decreased to 13.44%, showing reduced efficiency compared to previous quarters.
Tax rate increased in Q3, impacting net profit margins despite higher profits.

Field	Dec 22	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24
Revenue	190.86	169.84	194.53	181.69	186.38	178.56	197.89	190.40
Expenses	175.97	151.12	179.96	168.25	173.17	164.08	183.47	176.30
Operating Profit	14.89	18.72	14.57	13.44	13.21	14.48	14.42	14.10
Other Income	3.55	14.54	6.53	11.97	6.66	10.15	10.44	15.05
Interest	0	0	0	0.01	0	0.01	0	0
Depreciation	0.23	0.25	0.29	0.28	0.30	0.31	0.30	0.30
Profit Before Tax	17.69	32.11	21.10	25.41	19.87	24.63	24.86	29.15
Tax	4.95	6.68	3.26	4.35	4.68	4.81	4.02	6.55
Net Profit	12.74	25.43	17.84	21.06	15.19	19.82	20.84	22.60
Eps in Rs	10.21	20.37	14.30	16.87	12.17	15.88	16.70	18.11