I G Petrochemicals Ltd's Q4FY25 Quarter Results
- 20 May 2025
Result Summary
- I G Petrochemicals Ltd reported a 0.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a decline of 7.8%.
- Its expenses for the quarter were up by 4.2% QoQ and down 1.5% YoY.
- The net profit decreased 68.3% QoQ and decreased 76.3% YoY.
- The earnings per share (EPS) of I G Petrochemicals Ltd stood at 2.9 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 563.24 | 565.81 | 610.85 | -0.5% | -7.8% |
Total Expenses | 552.00 | 529.60 | 560.15 | 4.2% | -1.5% |
Profit Before Tax | 11.25 | 36.21 | 50.70 | -68.9% | -77.8% |
Tax | 2.21 | 7.67 | 12.55 | -71.2% | -82.4% |
Profit After Tax | 9.04 | 28.54 | 38.15 | -68.3% | -76.3% |
Earnings Per Share | 2.90 | 9.30 | 12.40 | -68.8% | -76.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
I G Petrochemicals Ltd is a prominent player in the chemical industry, primarily engaged in the manufacturing of phthalic anhydride, which is used as a key intermediate in the production of plasticizers, alkyd resins, and unsaturated polyester resins. The company holds a significant position in the market due to its large-scale production capabilities and adherence to quality standards. As of the latest updates available until October 2023, no major developments or changes in the company’s operations or strategic direction have been reported. It is crucial for stakeholders to remain informed on any further announcements from the company to understand potential impacts on business operations.
Revenue
In the fourth quarter of fiscal year 2025 (Q4FY25), I G Petrochemicals Ltd reported a total income of ₹563.24 crores. This represents a decrease of 0.5% when compared to the previous quarter (Q3FY25), which recorded a total income of ₹565.81 crores. Additionally, there was a more pronounced year-over-year decline of 7.8% from the ₹610.85 crores reported in Q4FY24. The reduction in revenue over both the quarter-on-quarter and year-on-year periods suggests fluctuations in business performance, which may be attributed to various market conditions or internal factors. Close monitoring of upcoming quarters will be imperative to assess the company's ability to stabilize or grow its revenue streams.
Profitability
The profitability metrics for I G Petrochemicals Ltd in Q4FY25 indicate a challenging period. The profit before tax (PBT) was ₹11.25 crores, marking a significant decrease of 68.9% from the previous quarter's ₹36.21 crores. Year-over-year, the PBT declined by 77.8% from ₹50.70 crores in Q4FY24. Similarly, the profit after tax (PAT) also experienced a substantial decline, recording ₹9.04 crores in Q4FY25, down by 68.3% from ₹28.54 crores in Q3FY25 and by 76.3% from ₹38.15 crores in Q4FY24. The earnings per share (EPS) followed this downward trend, with a value of ₹2.90, decreasing by 68.8% QoQ and 76.6% YoY. These figures reflect significant pressures on the company’s profitability during this period.
Operating Metrics
Analyzing the operating metrics for Q4FY25, total expenses for I G Petrochemicals Ltd were reported at ₹552.00 crores. This represents an increase of 4.2% compared to the previous quarter, which had total expenses of ₹529.60 crores. However, when compared year-over-year, there is a slight decline of 1.5% from ₹560.15 crores in Q4FY24. The company’s tax expenses in Q4FY25 were ₹2.21 crores, showing a dramatic reduction of 71.2% from ₹7.67 crores in Q3FY25 and 82.4% from ₹12.55 crores in Q4FY24. These metrics highlight an increase in operational costs on a quarterly basis, while tax expenses have significantly decreased, impacting the overall financial performance for the period.