Schneider Electric share price rose 4.17 per cent to Rs 755.95 per share in Thursday’s intraday deals after the company reported a 26 per cent rise in net profit in Q2FY25.
The company on Thursday reported a net profit of Rs 54.3 crore in Q2FY25, registering a growth of 26.6 per cent as compared to net profit of Rs 42.9 crore in the same period a year ago.
The company’s operating revenue for the quarter stood at Rs 599.7 crore in the September quarter of FY25, registering a growth of 21 per cent from Rs 495.8 crore in the previous year. Schneider Electric’s earnings before interest, tax, depreciation and amortization (Ebitda) stood at Rs 74.2 crore, up 18.5 per cent as against Rs 62.6 crore in the same quarter last year. Ebitda margin narrowed to 12.4 per cent as against 12.6 per cent in Q2FY24. The company’s total expenses rose to Rs 544 crore in Q2FY25 from Rs 451 crore in the same quarter last year. Schneider Electric designs, designs, manufactures and services products and systems for power distribution in India and internationally. Schneider Electric Share Price History The company’s stock has outperformed the market so far as it has gained 76 per cent, while it has gained 113 per cent in the last one year. In comparison, the BSE Sensex is up 7.2 per cent year-on-year and 19.3 per cent in a year. The total market capitalization of the company is Rs 16,952.48 crore. Shares of Schneider Electric are trading at a price to earnings multiple of 92.52 times and earnings per share of Rs 7.76.
At 1:06 pm; the shares of the company lost all its gains and slipped in the red and were trading 1 per cent lower at Rs 710.95 per share. In comparison, the BSE Sensex was down 0.15 per cent at 77,573.43.
