Asahi Songwon Colors Ltd's Q3FY25 Quarterly Results

Result Summary

• Asahi Songwon Colors Ltd reported a 5.1% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 31.9%.
• Its expenses for the quarter were down by 4.5% QoQ and up 26.0% YoY.
• The net profit decreased 30.5% QoQ and decreased 208.5% YoY.
• The earnings per share (EPS) of Asahi Songwon Colors Ltd stood at 2.6 during Q3FY25.

Financial Statments for Q3FY25

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Asahi Songwon Colors Ltd is a company primarily engaged in the production of pigments, which are essential components in various industries such as paints, plastics, textiles, and inks. Their product offerings typically include phthalocyanine pigments, which are widely used for imparting color in different applications. The company operates within the chemical industry and has positioned itself as a key player in the pigment market. While specific recent developments are not mentioned in the provided data, companies in this sector often focus on enhancing production capabilities, expanding product lines, or improving sustainability practices. It is important to note that detailed, up-to-date information about any recent major developments related to Asahi Songwon Colors Ltd is not available in the provided dataset.

Revenue

The total income for Asahi Songwon Colors Ltd in Q3FY25 was ₹135.36 crores, representing a decrease of 5.1% from the previous quarter (Q2FY25), where the total income was ₹142.62 crores. However, comparing year-over-year (YoY) data, there is a notable increase of 31.9% from ₹102.65 crores in Q3FY24. This data suggests a significant growth in revenue on an annual basis, although there is a slight decline on a quarterly basis. Tracking revenue changes over different periods is crucial to understanding the company's market position and sales performance. The quarterly decline may suggest a variety of factors affecting revenue generation in the most recent quarter.

Profitability

Examining profitability, Asahi Songwon Colors Ltd reported a profit before tax of ₹4.37 crores in Q3FY25, reflecting a decrease of 18.9% from ₹5.39 crores in Q2FY25. On a year-over-year basis, this figure marks a substantial improvement compared to the loss of ₹1.31 crores recorded in Q3FY24. This turnaround highlights a recovery in profitability over the past year. The profit after tax in Q3FY25 was ₹2.30 crores, down by 30.5% from the previous quarter's ₹3.31 crores but significantly improved from a loss of ₹2.12 crores in Q3FY24. These profitability metrics are essential for assessing the company's financial health and ability to generate profit from its operations over time.

Operating Metrics

For operating metrics, total expenses for Asahi Songwon Colors Ltd in Q3FY25 amounted to ₹131.00 crores, which is a decline of 4.5% from the prior quarter's ₹137.24 crores, yet it represents a 26.0% increase from ₹103.95 crores in Q3FY24. The tax expense in Q3FY25 was ₹2.07 crores, showing a slight decrease of 1.0% from ₹2.09 crores in Q2FY25 but a significant rise of 152.4% from ₹0.82 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 stood at ₹2.60, which is a decrease of 21.2% from ₹3.30 in Q2FY25 but marks a substantial recovery from an EPS of -₹0.90 in Q3FY24. These metrics, including expenses, tax liabilities, and EPS, provide insights into the operational efficiency and shareholder value of the company across different timeframes. The changes in these figures are important for stakeholders to evaluate the company's operational performance.