Bannari Amman Spinning Mills Ltd's Q4FY25 Quarter Results
- 22 May 2025
Result Summary
- Bannari Amman Spinning Mills Ltd reported a 24.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a decline of 31.0%.
- Its expenses for the quarter were up by 31.9% QoQ and down 30.6% YoY.
- The net profit decreased 1115.1% QoQ and increased 5.9% YoY.
- The earnings per share (EPS) of Bannari Amman Spinning Mills Ltd declined at 1.7 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 265.05 | 213.28 | 384.38 | 24.3% | -31.0% |
Total Expenses | 277.32 | 210.32 | 399.39 | 31.9% | -30.6% |
Profit Before Tax | -12.26 | 2.96 | -15.01 | -514.2% | -18.3% |
Tax | -2.65 | 1.04 | -4.85 | -354.8% | -45.4% |
Profit After Tax | -10.76 | 1.06 | -10.16 | -1115.1% | 5.9% |
Earnings Per Share | -1.70 | 0.20 | -1.60 | -950.0% | 6.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Bannari Amman Spinning Mills Ltd is a well-established entity in the textile industry, primarily engaged in the production and distribution of yarns, woven and knitted fabrics, and garments. The company is part of the larger Bannari Amman Group, which is one of the largest industrial conglomerates in South India. Their product offerings include a diverse range of textile products, catering to both domestic and international markets. The company places a strong emphasis on quality and innovation in its manufacturing processes. As of recent, there are no specific major developments or changes publicly noted regarding the company. The company's financial performance is assessed through a detailed analysis of its income statements and other financial metrics.
Revenue
During the fourth quarter of fiscal year 2025, Bannari Amman Spinning Mills Ltd reported a total income of ₹265.05 crores. This represents a quarter-over-quarter (QoQ) increase of 24.3% compared to ₹213.28 crores in the third quarter of fiscal year 2025. However, year-over-year (YoY), the total income decreased by 31.0% from ₹384.38 crores in the same quarter of the previous fiscal year. The significant YoY decrease indicates a substantial drop in revenue compared to the previous year, despite a positive QoQ growth trend.
Profitability
The profitability metrics of Bannari Amman Spinning Mills Ltd show that the company recorded a loss before tax of ₹12.26 crores in Q4FY25, which is a marked decrease from a profit before tax of ₹2.96 crores in Q3FY25. This change reflects a dramatic QoQ decline of 514.2%. On a YoY basis, the loss before tax improved by 18.3% from a loss of ₹15.01 crores in Q4FY24. The tax figures show a change from a tax benefit of ₹4.85 crores in Q4FY24 to a tax expense of ₹1.04 crores in Q3FY25, followed by a reversal to a tax benefit of ₹2.65 crores in Q4FY25. The profit after tax also reflects a significant QoQ decline of 1115.1%, shifting from a profit of ₹1.06 crores in Q3FY25 to a loss of ₹10.76 crores in Q4FY25, though showing a slight YoY improvement of 5.9% from a loss of ₹10.16 crores in Q4FY24.
Operating Metrics
The earnings per share (EPS) for Bannari Amman Spinning Mills Ltd in Q4FY25 stands at -₹1.70, reflecting a considerable QoQ decline from ₹0.20 in Q3FY25. The YoY change in EPS shows a marginal decrease from -₹1.60 in Q4FY24, marking a 6.2% change. The total expenses for the quarter amounted to ₹277.32 crores, representing a QoQ increase of 31.9% from ₹210.32 crores in Q3FY25, and a YoY decrease of 30.6% from ₹399.39 crores in Q4FY24. These metrics highlight significant fluctuations in the company's operational expenditures and earnings capability over the specified periods.