Binani Industries Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Binani Industries Ltd reported a - quarter-on-quarter (QoQ) - in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a - of -.
- Its expenses for the quarter were down by 27.8% QoQ and 90.8% YoY.
- The net profit decreased 27.8% QoQ and decreased 90.8% YoY.
- The earnings per share (EPS) of Binani Industries Ltd declined at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 0.00 | 0.00 | 0.00 | - | - |
Total Expenses | 0.39 | 0.54 | 4.22 | -27.8% | -90.8% |
Profit Before Tax | -0.39 | -0.54 | -4.22 | -27.8% | -90.8% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -0.39 | -0.54 | -4.22 | -27.8% | -90.8% |
Earnings Per Share | -0.10 | -0.20 | -1.40 | -50.0% | -92.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Binani Industries Ltd is a diversified Indian business conglomerate with interests primarily in the manufacturing sector. The company is part of the Braj Binani Group and is known for its operations in cement, zinc, glass fiber, and composites. Binani Cement, a key division of the company, is one of its most well-known products, with a strong presence in the Indian cement market and international markets. The company has faced various challenges in the past, including financial restructuring and operational realignment. As of the most recent quarter, no specific major developments were noted within the provided data.
Revenue
For the quarter ended in Q3FY25, Binani Industries Ltd reported a total income of ₹0.00 crores, which is consistent with both the preceding quarter, Q2FY25, and the same quarter in the previous fiscal year, Q3FY24. This suggests an absence of revenue or recording issues within the provided data for this period. Given the absence of reported revenue, no quarter-over-quarter (QoQ) or year-over-year (YoY) changes were calculated for total income. The lack of revenue data is an important consideration in assessing the company's financial performance for this quarter.
Profitability
The profitability of Binani Industries Ltd for Q3FY25 reflects a challenging financial period. The company reported a profit before tax of -₹0.39 crores, a 27.8% improvement from the previous quarter's loss of -₹0.54 crores. When compared to Q3FY24, this represents a significant 90.8% reduction in losses from -₹4.22 crores. The profit after tax mirrored this trend, with a reported loss of -₹0.39 crores for Q3FY25, compared to -₹0.54 crores in Q2FY25 and -₹4.22 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 stood at -₹0.10, showing a 50.0% QoQ improvement and a 92.9% YoY improvement from the -₹1.40 reported in Q3FY24. The data indicates a reduction in losses over both the quarterly and yearly periods.
Operating Metrics
In terms of operating metrics, Binani Industries Ltd reported total expenses for Q3FY25 at ₹0.39 crores, marking a 27.8% decrease from ₹0.54 crores in Q2FY25, and a substantial 90.8% decrease from ₹4.22 crores in Q3FY24. The consistent reduction in expenses across these periods is notable, potentially indicating cost management efforts. No specific data is provided regarding other operating metrics such as production volumes or operational efficiency. The absence of such data limits a more detailed analysis of operational performance and efficiency for this quarter.
