Kajaria Ceramics Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Kajaria Ceramics Ltd reported a 1.3% 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 growth of 1.0%.
- Its expenses for the quarter were down by 0.2% QoQ and up 4.6% YoY.
- The net profit decreased 7.7% QoQ and decreased 26.8% YoY.
- The earnings per share (EPS) of Kajaria Ceramics Ltd stood at 4.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1174.24 | 1189.14 | 1163.02 | -1.3% | 1.0% |
Total Expenses | 1063.53 | 1065.68 | 1016.87 | -0.2% | 4.6% |
Profit Before Tax | 110.71 | 123.46 | 146.15 | -10.3% | -24.2% |
Tax | 30.73 | 35.00 | 37.89 | -12.2% | -18.9% |
Profit After Tax | 78.98 | 85.54 | 107.96 | -7.7% | -26.8% |
Earnings Per Share | 4.90 | 5.30 | 6.50 | -7.5% | -24.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kajaria Ceramics Ltd is a renowned player in the ceramic industry, primarily engaged in the manufacturing and marketing of ceramic and vitrified tiles. The company is reputed for its wide range of products, which include wall and floor tiles, polished vitrified tiles, and glazed vitrified tiles. Kajaria Ceramics has established itself as a significant entity in the building materials industry, catering to various segments such as residential, commercial, and industrial construction. The company emphasizes innovation and quality, striving to maintain a leadership position in the tile sector. As of the latest available data, no specific recent major developments have been highlighted.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Kajaria Ceramics Ltd reported a total income of ₹1174.24 crores. This reflects a slight decline of 1.3% from the previous quarter (Q2FY25) where the total income was ₹1189.14 crores. However, on a year-over-year (YoY) basis, there was an increase of 1.0% compared to Q3FY24, when the total income stood at ₹1163.02 crores. The revenue figures indicate a stable performance over the year, despite a marginal decrease in the most recent quarter.
Profitability
The company's profitability metrics for Q3FY25 show a profit before tax of ₹110.71 crores, which is a decrease of 10.3% quarter-over-quarter (QoQ) from ₹123.46 crores in Q2FY25. Year-over-year, this represents a sharp decline of 24.2% from ₹146.15 crores in Q3FY24. The tax expenses for Q3FY25 were ₹30.73 crores, marking a decrease of 12.2% QoQ and 18.9% YoY. Consequently, the profit after tax was ₹78.98 crores, down by 7.7% QoQ from ₹85.54 crores in Q2FY25 and by 26.8% YoY from ₹107.96 crores in Q3FY24. These figures reveal a downward trend in profitability over both the quarter and the year.
Operating Metrics
For the third quarter of FY25, the earnings per share (EPS) for Kajaria Ceramics Ltd was reported at ₹4.90. This represents a decrease of 7.5% from the previous quarter's EPS of ₹5.30 and a reduction of 24.6% from the EPS of ₹6.50 recorded in Q3FY24. Total expenses for Q3FY25 were ₹1063.53 crores, slightly down by 0.2% from ₹1065.68 crores in Q2FY25, yet up by 4.6% compared to ₹1016.87 crores in Q3FY24. The operating metrics denote a decrease in earnings per share both quarterly and annually, alongside a slight increase in total expenses over the year.
