Plaza Wires Q3 FY-25 Financials: Revenue Flat, PAT Down 58% YoY
Plaza Wires Ltd., a Delhi-based cable manufacturing company, has announced its financial results for Q3 of FY-25.
The company reported a revenue of Rs. 49.63 crore during Q3 of FY-25 which is marginally down by 0.94% as compared to Plaza Wires’ revenue of Rs. 50.10 crore in Q3 of FY-24. Plaza Wires’ Q3 FY-25 PAT stood at Rs. 0.21 crore against Rs. 0.50 crore PAT in Q3 of FY-24, representing a YoY decrease of 58%.
Plaza Wires’ Earnings Per Share (EPS) stood at Rs. 0.05 during Q3 of FY-25 and Rs. 0.11 during Q3 of FY-24.
On Quarter-over-Quarter (QoQ) basis, the company’s revenue increased by 3.74% from Rs. 47.84 crore earned during Q2 of FY-25. Following suit, Plaza Wires’ profit also jumped by 31.25% from Rs. 0.16 crore PAT during second quarter of FY-25.
The company has recently commenced production at its new cable manufacturing plant located in Solan, Himachal Pradesh.
Plaza Wires manufactures cables, fans, immersion heaters, irons, MCBs and PVC conduit pipes.
