Home / Business and Economy / Switchgear Maker's Earnings Slide as Costs Outpace Revenue Growth
Switchgear Maker's Earnings Slide as Costs Outpace Revenue Growth
14 Nov, 2025
Summary
- Net profit of S&S Power Switchgear declined 21.45% in Q3 2025
- Sales rose 10.49% to Rs 60.23 crore in Q3 2025
- Operating profit margin declined from 9.43% to -4.67%
In the quarter ended September 2025, S&S Power Switchgear reported a decline in net profit despite an increase in sales. The company's net profit declined 21.45% to Rs 2.93 crore, down from Rs 3.73 crore in the same quarter of the previous year.
However, the company's sales rose 10.49% to Rs 60.23 crore in Q3 2025, up from Rs 54.51 crore in the corresponding quarter of 2024. Despite the increase in revenue, the company's operating profit margin (OPM) fell sharply from 9.43% to -4.67% during the quarter.
The decline in net profit and OPM suggests that the company's costs have outpaced its revenue growth, putting pressure on its profitability. The switchgear manufacturer will need to closely monitor its expenses and explore ways to improve its operational efficiency to regain its profitability in the coming quarters.