Dynemic Products Ltd's Q3FY25 Quarterly Results

Result Summary

• Dynemic Products Ltd reported a 2.4% 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 33.5%.
• Its expenses for the quarter were down by 3.2% QoQ and up 27.1% YoY.
• The net profit increased 12.9% QoQ and increased 256.9% YoY.
• The earnings per share (EPS) of Dynemic Products Ltd stood at 3.6 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

Dynemic Products Ltd is a company that operates in the chemical industry, specializing in the manufacturing of food colors, dye intermediates, and other related products. The company is known for its wide range of synthetic food colors, which are used in various industries like food and beverage, cosmetics, pharmaceuticals, and more. As of the latest available data, Dynemic Products Ltd has been focusing on expanding its product portfolio and increasing its market presence both domestically and internationally. The company has established a reputation for quality and innovation in its product offerings, contributing to its competitive position in the market. There have been no specific recent major developments provided in the data available.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Dynemic Products Ltd reported a total income of ₹95.59 crores. This represents a decrease of 2.4% compared to the previous quarter (Q2FY25) where the total income was ₹97.90 crores. However, when compared to the same quarter of the previous year (Q3FY24), the company experienced a significant increase of 33.5%, with total income climbing from ₹71.61 crores. This year-over-year growth indicates a substantial increase in revenue generation over the past year.

Profitability

Dynemic Products Ltd's profitability has shown notable improvement in Q3FY25. The profit before tax stood at ₹5.87 crores, marking a 12.9% increase from ₹5.20 crores in the previous quarter. Compared to Q3FY24, where the profit before tax was ₹1.02 crores, there has been a remarkable year-over-year growth of 475.5%. The profit after tax for Q3FY25 was ₹4.39 crores, up 12.9% from ₹3.89 crores in Q2FY25, and a significant increase of 256.9% from ₹1.23 crores in Q3FY24. The company's earnings per share for Q3FY25 were ₹3.60, compared to ₹3.20 in the previous quarter and ₹1.00 in the same quarter last year, reflecting substantial improvements in profitability.

Operating Metrics

The total expenses for Dynemic Products Ltd in Q3FY25 amounted to ₹89.72 crores, which is a decrease of 3.2% from ₹92.70 crores in Q2FY25. Year-over-year, total expenses increased by 27.1%, up from ₹70.60 crores in Q3FY24. The company's tax expenses for Q3FY25 were ₹1.48 crores, increasing by 13.0% from ₹1.31 crores in the previous quarter. In comparison to Q3FY24, where the tax was a negative ₹0.21 crores, there has been an increase of 804.8%. The significant changes in these operating metrics highlight the dynamics in the company’s operational costs and tax obligations.