Aksh Optifibre Q3 FY-25 Revenue Down 43% YoY, Loss of Rs. 4.74 Cr.
Aksh Optifibre Limited [NSE: AKSHOPTFBR, BOM: 532351], an Indian Optical Fibre Cable (OFC) manufacturer, has published its financial results for third quarter of FY-25.
Aksh Optifibre’s Q3 FY-25 Standalone Financials
During Q3 of FY-25, Aksh Optifibre recorded a standalone revenue of Rs. 28.47 crore and a loss of Rs. 2.93 crore.
Consolidated Q3 FY-25 Financials of Aksh Optifibre
YoY Comparison of Aksh Optifibre’ Financial Numbers: Q3 FY-25 vs. Q3 FY-24
On Year-over-Year (YoY) basis, the company’s revenue plummeted by 42.94% to Rs. 28.99 crore during Q3 FY-25 from its Rs. 51.72 crore revenue, clocked for Q3 of FY-24. Aksh Optifibre Q3 loss increased by 12.59% YoY to Rs. 4.74 crore in FY-25 from Rs. 4.21 crore in FY-24.
The company’s loss per share stood at Rs. 0.29 during Q3 of FY-25 against Rs. 0.26 during Q3 of FY-24.
QoQ Numbers Analysis of Aksh’s Results: Q3 FY-25 vs. Q2 FY-25
On Quarter-over-Quarter (QoQ) basis, Aksh Optifibe’s revenue increased by 10.99% from Rs. 26.12 crore earned during Q2 of FY-25. The company’s loss decreased by 47.68% from Rs. 9.06 crore loss reported for Q2 of FY-25.
Segment-Wise Revenue Comparison of Aksh Optifibre
In Rs. Cr.
Manufacturing: The company earned revenue of Rs. 13.92 crore from its manufacturing business against Rs. 30.59 crore clocked by Aksh Optifibre during Q3 of FY-25. This reflects that company’s revenue from this business slumped by 54.49% YoY.
Aksh’s product portfolio under this segment include OFCs, Aramid Reinforcement Plastic (ARP) rods, Fibre Reinforcement Plastic (FRP) rods, LEDs, and Ophthalmic lenses.
Services: Aksh Optifibre’s revenue from its Services business decreased by 28.73% to Rs. 15.06 crore during Q3 of FY-25 from Rs. 21.13 crore logged for Q3 of FY-25.
This segment comprises services offered by Aksh Optifibre in the areas of e-governance, Voice Over Internet Protocol (VoIP), Fibre-To-The-Home (FTTH), and Internet Protocol Television (IPTV).
Aksh Optifibre’s Stock 5% down After Announcing Q3 FY-25 Financials
Aksh Optifibre’s share price tumbled by 5.08% after the company announced its Q3 FY-25 financial results on 13th February 2025. On the day of announcement of results, the company’s share price was Rs. 9.25 per share, compared to Rs. 8.78 apiece on the following trading day.
About Aksh Optifibre Limited: Aksh Optifibre Ltd. was established in 1986, and in 2000, the company diversified into FRP manufacturing. Aksh has two plants at Bhiwadi for Optical Fibre Cable manufacturing and one plant at Reengus, Rajasthan for Fibre Reinforced Plastic Rods (FRP) manufacturing.
