Kshitij Polyline Ltd's Q3FY25 Quarterly Results

Result Summary

• Kshitij Polyline Ltd reported a 13.1% 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 20.4%.
• Its expenses for the quarter were down by 25.0% QoQ and 30.7% YoY.
• The net profit decreased 83.5% QoQ and decreased 121.9% YoY.
• The earnings per share (EPS) of Kshitij Polyline Ltd declined at 0.1 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

Kshitij Polyline Ltd is a company operating within the manufacturing sector, primarily involved in the production and distribution of polyline products. The company is known for its involvement in creating plastic-related solutions, which are widely used across various industries including construction, automotive, and consumer goods. As of the latest available data, there are no recent major developments publicly known regarding the company's strategic directions or expansions. Kshitij Polyline Ltd is part of an industry that often faces challenges related to raw material costs and environmental regulations, which may impact its financial performance.

Revenue

In the third quarter of Fiscal Year 2025 (Q3FY25), Kshitij Polyline Ltd reported a total income of ₹11.56 crores. This represents a decline of 13.1% compared to the previous quarter (Q2FY25) where the total income was ₹13.30 crores. Year-over-year (YoY) comparison indicates a more significant decrease of 20.4% from Q3FY24, when the total income stood at ₹14.52 crores. These figures illustrate variations in the company's revenue streams over the periods considered. The decrease in total income both sequentially and annually could be attributed to various factors pertinent to market conditions or company-specific challenges.

Profitability

For Q3FY25, Kshitij Polyline Ltd recorded a negative profit before tax of ₹-0.75 crores, showing an improvement from the previous quarter's loss of ₹-3.11 crores. However, on a year-over-year basis, this figure represents a significant decline compared to a profit of ₹0.98 crores in Q3FY24. The profit after tax for Q3FY25 was reported at ₹-0.50 crores, which, while still negative, was an improvement from the loss of ₹-3.03 crores in Q2FY25. Compared to Q3FY24, where the company had a profit after tax of ₹2.28 crores, there is a substantial year-over-year decline. Earnings per share (EPS) for the current quarter stood at ₹-0.10, improving from the previous quarter's ₹-0.30, but lower than the neutral EPS in Q3FY24.

Operating Metrics

Total expenses for Kshitij Polyline Ltd in Q3FY25 were ₹12.31 crores, reflecting a decrease of 25.0% from the ₹16.41 crores reported in Q2FY25. Year-over-year, expenses have decreased by 30.7% from ₹17.76 crores in Q3FY24. This reduction in expenses, both quarter-over-quarter and year-over-year, may suggest cost-cutting measures or changes in operational activities. No tax was recorded for Q3FY25, which is consistent with the absence of tax obligations in Q2FY25, and different from a tax expense of ₹0.02 crores in Q3FY24. The financial data suggests significant shifts in the company's operational dynamics over the periods under review.