Geekay Wires Q3 FY-25 Revenue Jumps 7%, PAT Down 8% YoY
Geekay Wires Ltd., a Hyderabad-based manufacturer of Galvanized Steel Wires, has announced its financials for Q3 of FY-25.
Geekay Wires’ revenue from operations jumped by 6.94% to Rs. 113.30 crore during Q3 of FY-25 from Rs. 105.95 crore earned for Q3 of FY-24. The company’s Profit After Tax (PAT) decreased by 8.03% to Rs. 9.62 crore during Q3 of FY-25 from Rs. 10.46 crore during Q3 of FY-24.
Geekay Wires Earning Per Share (EPS) decreased to Rs. 1.84 during Q3 of FY-25 against Rs. 2 during Q3 of FY-24.
On a Quarter-over-Quarter (QoQ) basis, Geekay Wires’ Q3 FY25 revenue decreased by 8.50% from Rs. 123.83 crore earned during Q2 of FY-25. PAT of the company showed a healthy increase of 4.57% QoQ in Q3 of FY-25 from Rs. 9.20 crore during Q2 of FY-25.
Geekay Wires is engaged in manufacturing of Galvanized steel wires, nails and stainless steel nuts and bolts. As per the company annual report for FY-24, the Company had installed capacity of 30,000 Metric Tonnes Per Annum (MTPA) of Galvanized Steel Wires in various grades & sizes and 25,000 MTPA of Nails & 10,000 MTPA of Stainless Steel Nuts & Bolts. The company has manufacturing plants in Noida, Baddi, Sri City and Hyderabad.
