Laxmi Cotspin Ltd's Q4FY25 Quarter Results
- 23 May 2025
Result Summary
- Laxmi Cotspin Ltd reported a 1.0% 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 growth of 1.2%.
- Its expenses for the quarter were down by 17.2% QoQ and 19.0% YoY.
- The net profit increased 2566.7% QoQ and decreased 834.7% YoY.
- The earnings per share (EPS) of Laxmi Cotspin Ltd stood at 4.2 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 41.81 | 42.25 | 41.30 | -1.0% | 1.2% |
Total Expenses | 34.71 | 41.90 | 42.84 | -17.2% | -19.0% |
Profit Before Tax | 7.10 | 0.34 | -1.54 | 1988.2% | -561.0% |
Tax | -0.07 | 0.07 | -0.57 | -200.0% | -87.7% |
Profit After Tax | 7.20 | 0.27 | -0.98 | 2566.7% | -834.7% |
Earnings Per Share | 4.20 | 0.20 | -0.60 | 2000.0% | -800.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Laxmi Cotspin Ltd operates in the textile industry, primarily focusing on the production of cotton yarns. As a key player in the textile sector, the company specializes in spinning cotton fibers into yarn, which is then supplied to fabric manufacturers. The textile industry is subject to fluctuations in raw material costs and demand changes, influenced by global market dynamics and trade policies. While specific recent developments about Laxmi Cotspin Ltd are not provided in the data, it is crucial for companies in this sector to adapt to market demands and enhance operational efficiencies to maintain competitiveness.
Revenue
In the fourth quarter of the fiscal year 2025 (Q4FY25), Laxmi Cotspin Ltd reported a total income of ₹41.81 crores. This represented a slight decrease of 1.0% compared to the third quarter of the same fiscal year (Q3FY25), where the total income was ₹42.25 crores. However, when compared year-over-year (YoY) with the fourth quarter of the previous fiscal year (Q4FY24), the total income increased by 1.2%, up from ₹41.30 crores. The revenue figures reflect the company's ability to maintain stable income levels despite quarterly fluctuations.
Profitability
In terms of profitability, Laxmi Cotspin Ltd showed a significant turnaround in Q4FY25. The Profit Before Tax (PBT) was ₹7.10 crores, a substantial increase from ₹0.34 crores in Q3FY25, marking a quarter-over-quarter (QoQ) rise of 1988.2%. Compared to Q4FY24, where the company reported a loss before tax of ₹1.54 crores, this was a significant improvement. The Profit After Tax (PAT) for Q4FY25 was ₹7.20 crores, compared to ₹0.27 crores in Q3FY25, representing a QoQ increase of 2566.7%. Year-over-year, the PAT improved from a loss of ₹0.98 crores in Q4FY24. Earnings Per Share (EPS) increased from ₹0.20 in Q3FY25 to ₹4.20 in Q4FY25, and from negative ₹0.60 in Q4FY24, indicating a robust recovery in earnings.
Operating Metrics
Analyzing the operating metrics, the total expenses for Laxmi Cotspin Ltd in Q4FY25 were ₹34.71 crores, a decrease of 17.2% compared to ₹41.90 crores in Q3FY25. Year-over-year, expenses also decreased by 19.0% from ₹42.84 crores in Q4FY24. This reduction in expenses contributed to the improved profitability metrics observed in the quarter. The tax expense for Q4FY25 was negative, at -₹0.07 crores, in contrast to a tax expense of ₹0.07 crores in Q3FY25, and a negative tax amount of -₹0.57 crores in Q4FY24. These operating metrics indicate significant cost management improvements that have positively impacted the company's financial performance for the quarter.