Fertilizers & Chemicals Travancore Ltd's Q3FY25 Quarterly Results

Result Summary

• Fertilizers & Chemicals Travancore Ltd reported a 32.8% 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 decline of 12.6%.
• Its expenses for the quarter were down by 33.1% QoQ and 11.5% YoY.
• The net profit decreased 28.4% QoQ and decreased 73.6% YoY.
• The earnings per share (EPS) of Fertilizers & Chemicals Travancore Ltd stood at 0.1 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

Fertilizers & Chemicals Travancore Ltd, commonly known as FACT, operates in the chemical industry with a focus on the production of fertilizers and chemicals. As a public sector undertaking, the company has a significant presence in India's agricultural and industrial sectors. FACT manufactures a range of products, including complex fertilizers and ammonium sulfate, which are essential for enhancing soil fertility and agricultural productivity. The company also produces a variety of industrial chemicals that have applications across different industries. While specific recent developments are not available, FACT's operations are typically influenced by factors such as government policies, raw material availability, and market demand dynamics.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Fertilizers & Chemicals Travancore Ltd reported a Total Income of ₹1006.43 crores. This represents a decline of 32.8% compared to the previous quarter (Q2FY25), where the Total Income was ₹1496.80 crores. Year-over-year (YoY), there was a 12.6% decrease from Q3FY24's Total Income of ₹1151.46 crores. These changes indicate a significant reduction in the company's revenue generation both on a quarterly and annual basis. The factors contributing to these changes are not detailed in the available data, but such trends can be influenced by market conditions, sales volume, and pricing strategies.

Profitability

For Q3FY25, the Profit Before Tax (PBT) for Fertilizers & Chemicals Travancore Ltd was ₹14.69 crores, showing a slight decline of 4.7% from the ₹15.42 crores reported in Q2FY25. Compared to the same quarter the previous year (Q3FY24), where PBT was ₹30.32 crores, there is a significant YoY drop of 51.6%. The Profit After Tax (PAT) in Q3FY25 stood at ₹8.00 crores, down 28.4% from Q2FY25's ₹11.18 crores, and a dramatic decrease of 73.6% from Q3FY24's ₹30.32 crores. The Earnings Per Share (EPS) also showed a decline, recorded at ₹0.10 in Q3FY25, down 50.0% from ₹0.20 in Q2FY25 and 80.0% lower than the ₹0.50 reported in Q3FY24. These figures reflect a decline in profitability, with both quarterly and annual comparisons showing reductions.

Operating Metrics

The Total Expenses for Fertilizers & Chemicals Travancore Ltd in Q3FY25 were ₹991.74 crores, representing a decrease of 33.1% from ₹1481.37 crores in Q2FY25 and an 11.5% decrease from ₹1121.14 crores in Q3FY24. Despite the reduction in expenses aligning with the decline in total income, the company's profitability metrics have been impacted. The tax expense for Q3FY25 was ₹6.69 crores, which is higher than the previous quarter by 57.8% and reflects a change in tax provisions compared to Q3FY24, where no tax was reported. The financial performance in terms of expenses and tax obligations indicates a shift in the company's cost structure and tax liability for the quarter.