BEML Limited (500048) Q1 24/25 earnings summary

Executive summary

• Standalone and consolidated unaudited financial results for Q1 FY25 were approved on August 5, 2024, with a limited review by statutory auditors.

• Revenue from operations for the quarter ended June 30, 2024, was ₹63,408 lakhs, up from ₹57,691 lakhs year-over-year.

• Both standalone and consolidated results show a net loss for the quarter, with consolidated net loss at ₹7,047 lakhs compared to a net loss of ₹7,501 lakhs in Q1 FY24.

Financial highlights

• Consolidated total income for Q1 FY25 was ₹63,461 lakhs, up from ₹57,811 lakhs in Q1 FY24.

• Consolidated expenses increased to ₹70,999 lakhs from ₹65,312 lakhs year-over-year.

• Consolidated loss before tax was ₹7,538 lakhs, similar to the previous year’s Q1 loss of ₹7,501 lakhs.

• Basic and diluted EPS for the quarter was (₹16.92), compared to (₹18.01) in Q1 FY24.

Key financial ratios and metrics

• Debt-equity ratio stood at 0.26 for both standalone and consolidated as of June 30, 2024.

• Interest service coverage ratio was negative at (5.51) standalone and (5.56) consolidated for the quarter.

• Net worth (consolidated) as of June 30, 2024, was ₹2,59,492 lakhs.