Excel Industries Ltd's Q3FY25 Quarterly Results

Result Summary

• Excel Industries Ltd reported a 27.2% 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 5.2%.
• Its expenses for the quarter were down by 16.0% QoQ and up 3.2% YoY.
• The net profit decreased 82.6% QoQ and increased 131.3% YoY.
• The earnings per share (EPS) of Excel Industries Ltd stood at 4.9 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

Excel Industries Ltd is a company engaged in the manufacturing sector, primarily focusing on the production of industrial chemicals, specialty chemicals, and agrochemical intermediates. The company operates in the chemical industry, which serves diverse sectors including agriculture, pharmaceuticals, and industrial applications. Excel Industries has been known for its commitment to environmental sustainability and innovation in chemical manufacturing. Recent developments in the company are not available from the provided data.

Revenue

For the third quarter of the fiscal year 2025 (Q3FY25), Excel Industries Ltd reported a total income of ₹201.56 crores. This represents a decrease of 27.2% from the previous quarter (Q2FY25), where total income was ₹276.95 crores. However, on a year-over-year basis, there was an increase of 5.2% compared to the third quarter of the fiscal year 2024 (Q3FY24), when the total income was ₹191.59 crores. These figures highlight the company's revenue performance over the past quarters and year.

Profitability

The company's profit before tax for Q3FY25 was ₹8.41 crores, reflecting a significant decrease of 82.2% from Q2FY25's ₹47.13 crores. Despite this quarter-over-quarter decline, there was a notable year-over-year increase of 92.4% from Q3FY24's profit before tax of ₹4.37 crores. Profit after tax for Q3FY25 stood at ₹6.20 crores, down by 82.6% from the previous quarter's ₹35.68 crores, but up 131.3% from ₹2.68 crores in Q3FY24. The earnings per share also followed a similar trend, decreasing by 82.7% from Q2FY25's ₹28.40 to ₹4.90 in Q3FY25, while increasing by 133.3% compared to ₹2.10 in Q3FY24.

Operating Metrics

Total expenses for Excel Industries in Q3FY25 amounted to ₹193.14 crores, marking a decrease of 16.0% from Q2FY25, where total expenses were ₹229.82 crores. Comparing year-over-year, expenses increased by 3.2% from ₹187.21 crores in Q3FY24. The tax expense for Q3FY25 was ₹2.21 crores, which is an 80.7% decrease from Q2FY25's ₹11.44 crores, yet a 56.7% increase from the ₹1.41 crores reported in Q3FY24. These metrics provide insight into the company's operating costs and tax obligations during the specified periods.