Carysil Ltd's Q3FY25 Quarterly Results

Result Summary

• Carysil Ltd reported a 0.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 9.8%.
• Its expenses for the quarter were up by 2.1% QoQ and 13.5% YoY.
• The net profit decreased 26.8% QoQ and decreased 18.3% YoY.
• The earnings per share (EPS) of Carysil Ltd stood at 4.4 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

Carysil Ltd is a company known for its diverse range of products and services. The company primarily operates in the kitchen and bathroom industry, specializing in manufacturing and selling high-quality kitchen sinks, faucets, and other related accessories. Carysil is recognized for its innovative designs, durability, and functionality, appealing to both domestic and international markets. While specific recent developments about Carysil are not available in the provided data, the company remains a significant player in its industry, continuously working towards enhancing its product offerings and expanding its market presence.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Carysil Ltd reported a total income of ₹207.43 crores. This represents a slight decrease of 0.7% compared to the previous quarter (Q2FY25), which recorded a total income of ₹208.89 crores. On a year-over-year basis, however, there was a noticeable increase of 9.8% from ₹188.87 crores in Q3FY24. These figures indicate that while there is a minor decline in revenue on a quarterly basis, the company has experienced growth compared to the same period last year. This growth could be attributed to Carysil's ongoing efforts to enhance its product offerings and market reach.

Profitability

Carysil Ltd's profitability metrics for Q3FY25 show a decrease in profit before tax, which was reported at ₹18.15 crores, down from ₹23.57 crores in Q2FY25, marking a quarter-over-quarter decrease of 23.0%. Year-over-year, there was a decline of 18.1% from the previous year's Q3 figure of ₹22.17 crores. The tax expense for Q3FY25 was ₹5.62 crores, reflecting a decrease of 13.0% from Q2FY25 and a 17.8% reduction from Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹12.53 crores, which is a 26.8% decrease from the previous quarter and an 18.3% decline from the same quarter last year. Earnings per share for Q3FY25 stood at ₹4.40, down from ₹5.60 in Q2FY25 and ₹5.70 in Q3FY24, indicating a 21.4% and 22.8% reduction, respectively.

Operating Metrics

Examining Carysil Ltd's operating expenses, total expenses for Q3FY25 were ₹189.28 crores, which represents an increase of 2.1% from ₹185.32 crores in Q2FY25. Year-over-year, there was a 13.5% rise from ₹166.70 crores in Q3FY24. This increase in expenses, both quarterly and annually, suggests heightened operational costs or investments in growth and development strategies. The company's earnings per share (EPS) have decreased to ₹4.40 in Q3FY25 from ₹5.60 in Q2FY25 and ₹5.70 in Q3FY24, reflecting a decrease in the profitability available to shareholders. These operating metrics provide insight into Carysil's cost management and overall operational efficiency during this period.