{"id":11514,"date":"2025-02-19T08:19:38","date_gmt":"2025-02-19T08:19:38","guid":{"rendered":"https:\/\/shoonya.com\/blog\/?p=11514"},"modified":"2025-02-19T08:20:04","modified_gmt":"2025-02-19T08:20:04","slug":"metal-sector-q3-results","status":"publish","type":"post","link":"https:\/\/shoonya.com\/blog\/metal-sector-q3-results\/","title":{"rendered":"How did the Metals Sector Perform During the Third Quarter?"},"content":{"rendered":"
Home<\/a><\/span> \u00bb News<\/a><\/span> \u00bb How did the Metals Sector Perform During the Third Quarter?<\/strong><\/span><\/span><\/div>\n\n\n

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The third quarter of FY25 was mixed for the metal sector as depicted by the metal sector Q3 results<\/strong>. While some of the metal giants churned out huge profits, some failed to deliver great performance and this took a toll on the metal stocks<\/strong>. The geopolitical pressures and even the domestic market uncertainty led to subdued metal sector q3 growth<\/strong>. <\/p>\n\n\n\n

Here are ten companies that are prominent in the metal and mining industry which will explore here and see how they performed in the third quarter. <\/p>\n\n\n\n

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  1. Hindalco: <\/strong>On February 13th<\/sup>, Hindalco announced its Q3 results<\/strong> for the financial year 2025. Its third-quarter report shows a 60% growth in the net profit YoY, from \u20b92330 crore in Q3FY24 to \u20b93734 crore in Q3FY25. This rise in profit has been churned out of only a 10% rise in the revenue which rose from \u20b952808 crore to \u20b958390 crore during the same period.<\/li>\n\n\n\n
  2. Ratnamani Metal:<\/strong> This metal business announced its third quarter result for FY25 on 12 February 2025. While there has been no rise or decline in the net profit during the fiscal, the company witnessed a nominal rise in the revenue that was by 4%.\u00a0<\/li>\n\n\n\n
  3. SAIL:<\/strong> This metal giant witnessed a massive decline in profits during the Oct-Dec 2024 quarter compared to that of a year back. The net profit declined from \u20b9288 crore to \u20b910 crore in Q3FY25 which is a drop of 96%. This can be attributed to the lower demand for steel in the previous quarter when the capital expenditure was down owing to multiple reasons. The company witnessed a minimal rise in revenue though that was 4% but that couldn\u2019t make the business profitable during the quarter.\u00a0<\/li>\n\n\n\n
  4. NALCO:<\/strong> Another metal giant on the other hand, NALCO which reported its quarterly result for Q3 on 10 February, witnessed a whopping 224% rise in the net profit and a 39% rise in revenue. Even the gross profit of the firm went up by 229% during the Q3FY25 on a YoY basis.\u00a0<\/li>\n\n\n\n
  5. Hind Copper:<\/strong> Again, this copper giant failed to churn out a higher profit in the third quarter of FY25 and its revenue even shrunk by 17%. In Q3FY24, its revenue stood at \u20b9399 crore, from that it dropped to \u20b9328 crore in Q3FY25.\u00a0<\/li>\n\n\n\n
  6. NMDC:<\/strong> This metal and mining company saw moderately fair results for the quarter where the revenue jumped by 21% from \u20b95410 crore to \u20b96568 crore. The net profit of the firm went up by 29% from \u20b91470 crore in Q3FY24 to \u20b91897 crore in Q3FY25.\u00a0<\/li>\n\n\n\n
  7. Welspun Corp:<\/strong> From a drop of 23% in revenue, Welspun managed to limit the drop in the net profit to 5%. The revenue for the Oct-Dec 2024 quarter was \u20b93614 crore while a year back it stood at \u20b94750 crore. Similarly, the net profit for Q3FY25 was \u20b9228 crore while in Q3FY24 it was \u20b9240 crore.\u00a0<\/li>\n\n\n\n
  8. Vedanta:<\/strong> This metal business saw a 70% rise in the net profit from a 10% rise in revenue. The firm generated a revenue of \u20b939115 crore in Q3FY25 while a year back it stood at \u20b935541 crore. While the net profit was \u20b92868 crore in Q3FY24 from which it rose to \u20b94876 crore in Q3FY25.\u00a0<\/li>\n\n\n\n
  9. Adani Enterprise:<\/strong> One of the most important Adani Group businesses is metals and mining and Adani Enterprise saw a 100% decline in its net profit during Q3FY25 and suffered a loss of \u20b917 crore during the quarter. The revenue also dropped from \u20b928336 crore a year back to \u20b922848 crore in Q3FY25, indicating a 19% drop in the revenue.\u00a0<\/li>\n\n\n\n
  10. Jindal Steel: <\/strong>This <\/strong>steel giant also witnessed a drop in the net profit by 50% that is from \u20b91928 crore in Q3FY24 to \u20b9951 crore in Q3FY25. There was a tiny incline in the revenue that is by 0.43% which is from Q3FY24\u2019s \u20b911701 crore to \u20b9 11751 crore in Q3FY25.\u00a0<\/li>\n<\/ol>\n\n\n\n

    Metal Sector in FY25<\/h2>\n\n\n\n

    In FY25, the overall metal sector was sluggish due to slow capital expenditure owing to domestic political events, and geopolitical events as well. The BSE metal index <\/strong>lost <\/strong>around 10% in the previous six months, and, in the past year, it has gained 2.9%. Though the overall metal stocks’ q3 performance <\/strong>was sluggish, some of the metal businesses <\/strong>stood out and churned out great profits. <\/p>\n\n\n\n

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    Source: MoneyControl<\/mark><\/a><\/strong><\/p>\n\n\n\n

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    Disclaimer<\/strong><\/mark>: Investments in the securities market are subject to market risks; read all the related documents carefully before investing.<\/p>\n\n\n\n

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