India Glycols Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- India Glycols Ltd reported a 1.6% 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 8.0%.
- Its expenses for the quarter were up by 1.1% QoQ and 7.4% YoY.
- The net profit increased 14.3% QoQ and increased 36.5% YoY.
- The earnings per share (EPS) of India Glycols Ltd stood at 18.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 981.02 | 965.54 | 908.77 | 1.6% | 8.0% |
Total Expenses | 923.08 | 912.90 | 859.61 | 1.1% | 7.4% |
Profit Before Tax | 57.94 | 52.64 | 49.16 | 10.1% | 17.9% |
Tax | 14.61 | 13.75 | 12.26 | 6.3% | 19.2% |
Profit After Tax | 56.81 | 49.71 | 41.63 | 14.3% | 36.5% |
Earnings Per Share | 18.40 | 16.10 | 13.40 | 14.3% | 37.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
India Glycols Ltd is a prominent player in the chemical manufacturing industry, specializing in the production of a wide range of chemical intermediates, performance chemicals, and natural gums. The company is known for its focus on green chemistry, utilizing renewable resources as raw materials for its products. India Glycols operates in multiple segments, including industrial chemicals, specialty chemicals, and natural gums, catering to diverse industries such as pharmaceuticals, textiles, and agriculture. Recent developments about the company are not specified in the provided data, but India Glycols has historically been committed to sustainable practices and innovation in its product offerings.
Revenue
In the third quarter of the fiscal year 2025, India Glycols Ltd reported a total income of ₹981.02 crores. This represents a quarter-over-quarter increase of 1.6% from ₹965.54 crores in Q2FY25 and a year-over-year growth of 8.0% from ₹908.77 crores in Q3FY24. The steady increase in total income over these periods indicates sustained revenue generation. The growth in total income over the year suggests an improvement in sales or pricing strategies, although specific details about the drivers of this growth are not included in the data.
Profitability
India Glycols Ltd's profitability has shown positive momentum in Q3FY25. The profit before tax stood at ₹57.94 crores, marking a 10.1% increase from ₹52.64 crores in the previous quarter and a substantial 17.9% rise from ₹49.16 crores in the same quarter last year. After accounting for taxes of ₹14.61 crores, the profit after tax was ₹56.81 crores, reflecting a notable quarter-over-quarter growth of 14.3% and year-over-year growth of 36.5% from ₹41.63 crores in Q3FY24. The earnings per share also improved, reaching ₹18.40, up 14.3% QoQ and 37.3% YoY. These figures highlight a consistent upward trajectory in profitability.
Operating Metrics
The company's total expenses for Q3FY25 were reported at ₹923.08 crores, up 1.1% from ₹912.90 crores in the previous quarter and 7.4% from ₹859.61 crores in Q3FY24. This indicates a controlled increase in expenses relative to income growth, which has positively impacted the company's profitability. The tax expense rose by 6.3% QoQ and 19.2% YoY, reflecting the company's increased profitability and corresponding tax obligations. These operating metrics demonstrate the company's ability to manage costs while achieving revenue growth, contributing to its improved profitability during the quarter.
