BIGBLOC Construction Ltd's Q3FY25 Quarterly Results
- 15 Feb 2025
Result Summary
- BIGBLOC Construction Ltd reported a 10.0% 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 5.8%.
- Its expenses for the quarter were up by 16.7% QoQ and 18.3% YoY.
- The net profit increased 52.6% QoQ and decreased 96.6% YoY.
- The earnings per share (EPS) of BIGBLOC Construction Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
Total Income | 57.99 | 52.70 | 61.53 | 10.0% | -5.8% |
Total Expenses | 59.32 | 50.82 | 50.14 | 16.7% | 18.3% |
Profit Before Tax | -1.34 | 1.88 | 11.39 | -171.3% | -111.8% |
Tax | -1.63 | 1.69 | 2.77 | -196.4% | -158.8% |
Profit After Tax | 0.29 | 0.19 | 8.62 | 52.6% | -96.6% |
Earnings Per Share | 0.10 | 0.10 | 1.20 | 0.0% | -91.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
BIGBLOC Construction Ltd operates within the construction industry, primarily focusing on the production and supply of building materials. The company is known for manufacturing autoclaved aerated concrete blocks, which are utilized in various construction projects due to their lightweight and energy-efficient properties. As of the latest data, there is no additional information available about recent major developments or strategic initiatives undertaken by the company.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), BIGBLOC Construction Ltd reported a total income of ₹57.99 crores. This represents a quarter-over-quarter (QoQ) increase of 10% compared to the previous quarter (Q2FY25), where total income was ₹52.70 crores. However, on a year-over-year (YoY) basis, there was a decline of 5.8% from the ₹61.53 crores reported in the same quarter of the previous year (Q3FY24). The fluctuation in revenue indicates differing market conditions and sales performance over the two comparative periods.
Profitability
For Q3FY25, BIGBLOC Construction Ltd's profit before tax (PBT) was recorded at a loss of ₹1.34 crores, a significant drop from a profit of ₹1.88 crores in the previous quarter (Q2FY25) and ₹11.39 crores in Q3FY24. This translates to a negative QoQ change of -171.3% and a YoY decline of -111.8%. Despite the negative PBT, the company reported a profit after tax (PAT) of ₹0.29 crores for Q3FY25, which is a 52.6% increase from ₹0.19 crores in Q2FY25, yet a substantial YoY decrease of 96.6% from ₹8.62 crores in Q3FY24. The earnings per share (EPS) stood at ₹0.10, consistent with Q2FY25 but down from ₹1.20 in Q3FY24, reflecting a YoY decrease of 91.7%.
Operating Metrics
The total expenses for BIGBLOC Construction Ltd in Q3FY25 were ₹59.32 crores, which is a 16.7% increase from ₹50.82 crores in Q2FY25 and an 18.3% rise compared to ₹50.14 crores in Q3FY24. The tax recorded for Q3FY25 was a negative ₹1.63 crores, a notable shift from the tax expenses of ₹1.69 crores in Q2FY25 and ₹2.77 crores in Q3FY24. This indicates a substantial change in tax liabilities or adjustments impacting the overall tax position. The company's operational dynamics, reflected through these metrics, show significant changes in expenses and tax elements compared to both the previous quarter and the same quarter last year.