Bajaj Hindusthan Sugar Ltd's Q3FY25 Quarterly Results

Result Summary

• Bajaj Hindusthan Sugar Ltd reported a 27.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 15.4%.
• Its expenses for the quarter were up by 27.4% QoQ and down 8.5% YoY.
• The net profit increased 35.1% QoQ and decreased 609.0% YoY.
• The earnings per share (EPS) of Bajaj Hindusthan Sugar Ltd declined at 0.8 during Q3FY25.

Financial Statments for Q3FY25

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

Company Overview

Bajaj Hindusthan Sugar Ltd is one of the largest sugar manufacturers in India. The company operates primarily in the sugar industry, producing a wide range of sugar products. Its operations extend to the production of ethanol and power generation, which are by-products of sugar manufacturing. The company has a significant presence in the domestic market and plays a crucial role in India's sugar industry. Recent major developments in the sugar industry, such as government policies on sugar export and ethanol blending mandates, can impact the company's operations. However, specific recent developments relating to Bajaj Hindusthan Sugar Ltd are not provided within the available data.

Revenue

In Q3FY25, Bajaj Hindusthan Sugar Ltd reported a total income of ₹1476.89 crores. This represents a quarter-over-quarter (QoQ) increase of 27.0% from ₹1163.26 crores in Q2FY25. Comparatively, there is a year-over-year (YoY) decline of 15.4% from ₹1744.90 crores in Q3FY24. The quarterly growth in total income suggests a positive change from the previous quarter, while the year-over-year reduction indicates a decrease compared to the same quarter last year. These figures reflect the company's revenue performance over these periods, showing significant fluctuation in total income.

Profitability

The company's profitability metrics show a challenging quarter, with Profit Before Tax (PBT) standing at -₹101.71 crores in Q3FY25. This represents a deterioration of 34.4% QoQ from -₹75.69 crores in Q2FY25 and a substantial decline of 606.8% YoY from ₹20.07 crores in Q3FY24. The Profit After Tax (PAT) followed a similar trend, reported at -₹102.20 crores in Q3FY25, marking a 35.1% QoQ decline from -₹75.63 crores in Q2FY25 and a 609.0% YoY decrease from ₹20.08 crores in Q3FY24. Earnings Per Share (EPS) also fell to -₹0.80, a 33.3% QoQ decrease from -₹0.60 and a 500.0% YoY decline from ₹0.20. These metrics denote a significant fall in profitability.

Operating Metrics

Total expenses for Bajaj Hindusthan Sugar Ltd in Q3FY25 were ₹1578.60 crores, experiencing a 27.4% QoQ increase from ₹1238.95 crores in Q2FY25, but an 8.5% YoY reduction from ₹1724.83 crores in Q3FY24. The tax amount was relatively stable, reported at -₹0.23 crores in Q3FY25, showing a minor 9.5% QoQ increase from -₹0.21 crores and a 2200.0% YoY increase from -₹0.01 crores. These operating metrics provide an overview of the company's expenditure and tax obligations during the quarter, indicating a rise in quarterly expenses and a substantial change in tax contribution on a yearly basis.