Schneider Electric Infrastructure Reports Mixed Performance in Q1 FY25 Financial Results

Schneider Electric Infrastructure, a midcap company in the capital goods industry, has recently announced its financial results for the quarter ending March 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Schneider Electric has shown a flat performance in the quarter, with a slight improvement in its score from -10 to -3 in the last three months. However, there are some positive aspects to the company’s financials.

One of the key highlights is the growth in Profit Before Tax (PBT) less Other Income, which has increased by 92.36% year on year. This indicates a very positive trend in the near term. Additionally, the Net Sales for the nine-month period have also shown a growth of 22.19% year on year, with a positive trend in the near term. The Profit After Tax (PAT) for the quarter has also seen a growth of 38.8% year on year, with a positive trend in the near term.

However, there are some areas that need improvement for Schneider Electric. The Interest cost for the half-yearly period has increased by 83.99% compared to the previous period, indicating increased borrowings for the company.

Overall, Schneider Electric Infrastructure has shown a mixed performance in the quarter ending March 2024. While there are some positive trends in terms of PBT, Net Sales, and PAT, the rising interest cost is a cause for concern. Investors are advised to hold their position in the company’s stock for now.