Elin Electronics (ELIN) Q3 24/25 earnings summary

Executive summary

• Approved unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024.

• No deviation or variation in the use of IPO funds for the quarter ended December 31, 2024.

• Granted 250,000 stock options under ESOP 2024 to eligible employees.

• Appointed Ms. Priyanka Jain as Additional Non-Executive Independent Director for five years.

• Reconstituted all key board committees effective February 8, 2025.

• Announced launch of new products (door bells and airfryer) in FY26.

Financial highlights

• Consolidated Q3 FY25 revenue: ₹2,684.51 million, up from ₹2,386.63 million in Q3 FY24.

• Consolidated Q3 FY25 net profit: ₹13.99 million, compared to ₹47.81 million in Q2 FY25 and ₹26.44 million in Q3 FY24.

• Nine months ended Dec 31, 2024: consolidated revenue ₹8,715.63 million, net profit ₹120.99 million.

• Standalone Q3 FY25 revenue: ₹2,291.21 million, net profit: ₹28.28 million.

• Standalone nine months revenue: ₹7,073.75 million, net profit: ₹116.42 million.

Outlook and guidance

• New product launches planned for FY26 to expand domestic small appliances portfolio.