Whalesbook
Aisa Kya Hua Profit Mein? (The Real Deal)
Bhai log, Schneider Electric Infrastructure Ltd. ne apna Q3 FY26 ka result announce kiya hai aur numbers thode mixed hain. Revenue toh 19.9% YoY badhkar ₹1,02,917 Lakh (yaani ₹1,029.17 Cr) pahunch gaya. Yeh dikhata hai ki operations ekdum mast chal rahe hain aur demand bhi acchi hai.
Lekin asli kahani profit mein hai. Net profit 12.2% YoY girakar ₹9,703 Lakh (yaani ₹97.03 Cr) ho gaya, jo pichle saal ₹11,053 Lakh tha. Tension wali baat nahi hai, kyunki iska bada reason ek 'exceptional gratuity charge' hai ₹2,458 Lakh (yaani ₹24.58 Cr) ka. Yeh sab Naye Labour Codes ki wajah se hua hai, toh yeh ek baar ka kharcha hai.
Operational Performance Kaisi Hai?
Jab hum exceptional items ko hata dete hain, toh asli picture dikhti hai. Company ka 'Profit Before Exceptional Items and Tax' (PBT) 19.4% YoY badhkar ₹15,499 Lakh (yaani ₹154.99 Cr) ho gaya. Yeh sach mein bahut acchi baat hai aur dikhata hai ki core business perform kar raha hai.
Baat karein pehle nau mahino (Nine-Month FY26) ki toh, revenue 12.3% YoY badhkar ₹2,30,094 Lakh ho gaya, par net profit 10.6% girakar ₹19,059 Lakh pe aa gaya. Yahan bhi exceptional items ka effect hai. PBT toh 8.2% badhkar ₹28,085 Lakh raha.
Auditor Kya Bol Rahe Hain?
Achhi baat yeh hai ki company ke statutory auditors ne financial statements par koi problem nahi batayi hai, matlab unka opinion unmodified hai. Iska matlab financials apne aap mein theek hain.
Aage Kya Ho Sakta Hai? (Outlook)
Management ne abhi koi aage ka outlook ya guidance nahi diya hai revenue ya profit ke liye. Company ne yeh bhi confirm kiya hai ki unke koi reportable segments nahi hain.
Shareholders Ke Liye Important
Board ne shareholders se approval mangne ka faisla liya hai do cheezon ke liye: material related party transactions aur employees ke liye WESOP Scheme, jisse woh Schneider Electric SE ke shares kharid sakein.