NRB Bearings (NRBBEARING) Q1 24/25 earnings summary

Executive summary

• Consolidated revenue from operations for Q1 FY25 was ₹28,929 lakhs, up from ₹27,202 lakhs in Q1 FY24 and ₹28,461 lakhs in Q4 FY24.

• Profit before tax for Q1 FY25 stood at ₹3,309 lakhs, compared to ₹2,766 lakhs in Q1 FY24 and ₹4,398 lakhs in Q4 FY24.

• Total comprehensive income for Q1 FY25 was ₹2,755 lakhs, up from ₹1,892 lakhs in Q1 FY24 and slightly down from ₹3,088 lakhs in Q4 FY24.

Financial highlights

• Consolidated net profit after tax for Q1 FY25 was ₹2,562 lakhs, compared to ₹1,899 lakhs in Q1 FY24 and ₹3,177 lakhs in Q4 FY24.

• Basic and diluted EPS for Q1 FY25 was ₹2.57, up from ₹1.91 in Q1 FY24 and down from ₹3.22 in Q4 FY24.

• Exceptional gain of ₹1,051 lakhs in Q1 FY25, mainly from insurance claims related to the Waluj fire incident.

• Total expenses for Q1 FY25 were ₹26,127 lakhs, up from ₹24,360 lakhs in Q1 FY24.

Outlook and guidance

• Management continues to monitor operational losses from the Waluj fire and has filed further insurance claims, with recognition pending reasonable ascertainment of recoverability.