Kriti Industries (India) Ltd's Q3FY25 Quarterly Results

Result Summary

• Kriti Industries (India) Ltd reported a 77.8% 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 decline of 13.7%.
• Its expenses for the quarter were up by 82.1% QoQ and down 5.3% YoY.
• The net profit increased 205.9% QoQ and decreased 236.8% YoY.
• The earnings per share (EPS) of Kriti Industries (India) Ltd declined at 1.8 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

Kriti Industries (India) Ltd is a prominent player in its respective industry. The company is known for its involvement in the manufacturing sector, typically focusing on producing a diverse range of products that may include plastic-based solutions or components. As an established entity, Kriti Industries operates in a competitive environment, often subject to fluctuations in raw material costs and market demand. However, specific details about the company's main products or recent developments are not provided in the current dataset. The company is publicly traded, allowing stakeholders to review its financial performance and strategic directions regularly. Understanding its financial metrics is crucial for assessing its operational effectiveness and market positioning.

Revenue

During the third quarter of fiscal year 2025 (Q3FY25), Kriti Industries reported a total income of ₹210.56 crores. This marks a significant quarter-over-quarter (QoQ) increase of 77.8% compared to the second quarter of fiscal year 2025 (Q2FY25), where the company generated ₹118.42 crores. However, when comparing year-over-year (YoY) performance, there is a decline of 13.7% from ₹244.03 crores reported in the third quarter of fiscal year 2024 (Q3FY24). The fluctuations in revenue between quarters and years highlight changes in the company's operational scale, possibly influenced by market conditions or internal strategies.

Profitability

The profitability of Kriti Industries in Q3FY25 shows a negative trajectory with a reported loss, as evidenced by a profit before tax (PBT) of -₹10.38 crores. This is a substantial increase in loss when compared to Q2FY25, which reported a PBT of -₹2.93 crores, reflecting a QoQ change of 254.3%. When compared YoY, there is a sharp deterioration from a positive PBT of ₹10.73 crores in Q3FY24. The tax expenses for Q3FY25 amounted to ₹0.31 crores, a decrease from ₹0.66 crores in the previous quarter and ₹2.78 crores in the same quarter last year. Consequently, the profit after tax (PAT) was -₹10.89 crores, worsening both QoQ by 205.9% and YoY by 236.8%. Earnings per share (EPS) followed a similar trend, dropping to -₹1.80 from -₹0.60 in Q2FY25 and from ₹1.60 in Q3FY24.

Operating Metrics

The total expenses for Kriti Industries in Q3FY25 stood at ₹220.94 crores, marking an 82.1% increase QoQ from ₹121.36 crores in Q2FY25. When compared YoY, there is a slight decrease of 5.3% from ₹233.30 crores in Q3FY24. The rise in expenses over the quarter may reflect increased operational activities or changes in cost structures. The significant changes in both income and expenses have contributed to the observed financial performance, including the negative profitability indicators. These metrics provide insight into the company's operational dynamics and financial management over the reporting periods.