Borosil Ltd's Q4FY25 Quarterly Results

Result Summary

• Borosil Ltd reported a 33.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a decline of 10.9%.
• Its expenses for the quarter were down by 25.4% QoQ and 2.9% YoY.
• The net profit decreased 85.7% QoQ and decreased 77.2% YoY.
• The earnings per share (EPS) of Borosil Ltd stood at 0.4 during Q4FY25.

Financial Statments for Q4FY25

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

Company Overview

Borosil Ltd is an Indian company known for its production and distribution of glassware and related products. Primarily, the company serves industries that include scientific and industrial glassware, consumer glassware, and laboratory instruments. Borosil Ltd is a significant player in the scientific glassware industry, offering products like beakers, flasks, and test tubes which are widely used in laboratories and research facilities. Besides, the company has a consumer division that focuses on kitchenware and glassware for household use. As of the last update in October 2023, Borosil Ltd has been active in enhancing its product line and market reach, although specific recent developments are not provided in the data.

Revenue

In Q4FY25, Borosil Ltd reported a total income of ₹235.61 crores, which represents a significant decline compared to the previous quarter (Q3FY25), where the total income was ₹354.45 crores. This marks a quarter-over-quarter (QoQ) decrease of 33.5%. Furthermore, when compared to the same quarter in the previous year (Q4FY24), where the total income was ₹264.31 crores, there is a noted year-over-year (YoY) decline of 10.9%. This decrease in revenue over both periods indicates changes in sales volume or pricing strategy.

Profitability

The profitability metrics for Borosil Ltd in Q4FY25 show a notable reduction compared to both Q3FY25 and Q4FY24. The Profit Before Tax (PBT) for Q4FY25 was ₹6.66 crores, a sharp decline from ₹47.52 crores in Q3FY25, indicating a decrease of 86.0% QoQ. Compared to Q4FY24, where PBT was ₹28.62 crores, there is a decrease of 76.7% YoY. After accounting for taxes, the Profit After Tax (PAT) for Q4FY25 amounted to ₹5.08 crores, down from ₹35.48 crores in the previous quarter, showing an 85.7% decline. Compared to the same quarter last year, where PAT was ₹22.30 crores, there is a 77.2% decrease. Earnings Per Share (EPS) also fell significantly to ₹0.40 from ₹3.00 in Q3FY25 and ₹1.90 in Q4FY24, reflecting declines of 86.7% QoQ and 78.9% YoY, respectively.

Operating Metrics

Total expenses for Borosil Ltd in Q4FY25 were reported at ₹228.95 crores, which is a decrease from ₹306.94 crores in Q3FY25, marking a 25.4% reduction. Compared to Q4FY24's total expenses of ₹235.69 crores, there is a slight YoY decrease of 2.9%. The company's tax expenses also saw a decline, falling to ₹1.58 crores in Q4FY25 from ₹12.04 crores in Q3FY25, an 86.9% decrease, and from ₹6.32 crores in Q4FY24, a 75.0% decrease. These reductions in expenses contrast with the declines in income and profitability, indicating an adjustment in operational or financial management during the period.