Exxaro Tiles Ltd's Q3FY25 Quarterly Results

Result Summary

• Exxaro Tiles Ltd reported a 13.2% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 21.1%.
• Its expenses for the quarter were up by 12.0% QoQ and 19.3% YoY.
• The net profit decreased 296.8% QoQ and increased 85.1% YoY.
• The earnings per share (EPS) of Exxaro Tiles Ltd - at - 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

Exxaro Tiles Ltd is a company operating within the tiles industry, focusing primarily on the manufacturing and distribution of ceramic tiles. As a key player in the market, Exxaro Tiles has established a reputation for offering a diverse range of tiles catering to various aesthetic and functional needs. The company has been striving to enhance its market presence through innovation and expansion. However, specific recent developments or strategic initiatives undertaken by the company are not available in the current dataset.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Exxaro Tiles Ltd reported a total income of ₹79.56 crores. This represents a quarter-over-quarter (QoQ) increase of 13.2% compared to ₹70.28 crores in the second quarter of the fiscal year 2025 (Q2FY25). Year-over-year (YoY), the total income saw a growth of 21.1% from ₹65.72 crores in the third quarter of the fiscal year 2024 (Q3FY24). The consistent rise in income over these periods reflects the company's capacity to enhance its revenue streams within the competitive landscape of the tile industry.

Profitability

Exxaro Tiles Ltd's profitability metrics for Q3FY25 indicate a significant improvement. The company reported a profit before tax of ₹1.64 crores, marking a substantial QoQ increase of 583.3% from Q2FY25, where the profit before tax was ₹0.24 crores. YoY, the profit before tax increased by 320.5% from Q3FY24's ₹0.39 crores. The tax outlay for Q3FY25 was ₹0.40 crores, reflecting a decrease of 54.0% QoQ and a notable change from a negative tax figure of -₹0.28 crores in Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹1.24 crores, which contrasts with a loss of -₹0.63 crores in Q2FY25 and represents an 85.1% YoY increase from ₹0.67 crores in Q3FY24. Earnings per share for Q3FY25 stood at ₹0.00, compared to -₹0.10 in Q2FY25 and ₹0.10 in Q3FY24.

Operating Metrics

The operational performance of Exxaro Tiles Ltd during Q3FY25 reveals an increase in total expenses, which amounted to ₹77.92 crores. This reflects a 12.0% QoQ increase from ₹69.55 crores in Q2FY25 and a 19.3% YoY increase from ₹65.34 crores in Q3FY24. Despite the rise in expenses, the company managed to achieve a positive profit before and after tax, indicating effective cost management strategies. The company's operating results for the quarter demonstrate its ability to sustain growth and manage resource allocation efficiently amid rising expenses.