HLE Glascoat Ltd's Q3FY25 Quarterly Results

Result Summary

• HLE Glascoat Ltd reported a 1.8% 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 4.3%.
• Its expenses for the quarter were up by 1.8% QoQ and down 4.4% YoY.
• The net profit decreased 28.7% QoQ and increased 72.2% YoY.
• The earnings per share (EPS) of HLE Glascoat Ltd stood at 1.5 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

HLE Glascoat Ltd is a company known for its contributions in the chemical industry, primarily focusing on manufacturing and providing process equipment and systems. The company's product portfolio includes glass-lined equipment, which is crucial for a variety of industries such as pharmaceuticals, chemicals, and petrochemicals. HLE Glascoat has earned a reputation for its expertise in engineering solutions and high-quality manufacturing processes. While specific recent developments are not available in the provided data, the company's industry positioning suggests a robust engagement with industries requiring specialized glass-coated equipment.

Revenue

In the third quarter of FY25, HLE Glascoat Ltd reported a total income of ₹232.96 crores. This represents a slight decrease of 1.8% compared to the previous quarter (Q2FY25), where total income was ₹237.17 crores. When compared year-over-year, there is a more significant decrease of 4.3% from Q3FY24, where the total income stood at ₹243.33 crores. These changes reflect the company's revenue trends over the periods in question, with variations observed on both a quarterly and yearly basis.

Profitability

The profitability metrics for HLE Glascoat Ltd show a Profit Before Tax (PBT) of ₹11.41 crores for Q3FY25, which is a decline of 41.6% from the previous quarter's PBT of ₹19.53 crores. However, compared to the same quarter of the previous year (Q3FY24), there is a notable increase of 38.5% from a PBT of ₹8.24 crores. The company reported a Profit After Tax (PAT) of ₹10.28 crores in Q3FY25, which is down by 28.7% from the previous quarter's PAT of ₹14.42 crores, but up by 72.2% when compared to ₹5.97 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 is ₹1.50, reflecting a decrease of 28.6% from the previous quarter and an increase of 66.7% from Q3FY24.

Operating Metrics

The total expenses for HLE Glascoat Ltd in Q3FY25 are reported at ₹221.55 crores, marking an increase of 1.8% from Q2FY25, where expenses were ₹217.63 crores. This is a decrease of 4.4% from Q3FY24, where expenses were recorded at ₹231.65 crores. The tax impact for Q3FY25 was ₹1.12 crores, which saw a significant decrease of 78.1% from the previous quarter and a 50.7% decrease from the same quarter last year. These metrics indicate the financial adjustments in the company's operating expenses and tax obligations across the examined periods.