National Fertilizer Ltd's Q3FY25 Quarterly Results

Result Summary

• National Fertilizer Ltd reported a 33.6% 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 decline of 22.6%.
• Its expenses for the quarter were up by 32.2% QoQ and down 21.1% YoY.
• The net profit increased 279.5% QoQ and decreased 69.6% YoY.
• The earnings per share (EPS) of National Fertilizer Ltd stood at 0.9 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

National Fertilizer Ltd is a prominent player in the chemical and fertilizer industry, specializing in the production and distribution of fertilizers and related agricultural products. The company operates within a sector that is heavily influenced by agricultural cycles, government policies, and global market trends. National Fertilizer Ltd has been dedicated to providing high-quality fertilizers aimed at improving agricultural yield and supporting the agrarian economy. The company has a significant presence in the Indian market and serves a wide range of agricultural stakeholders. As of the latest data, specific recent major developments or strategic changes are not available, but the company continues to focus on enhancing its production capabilities and expanding its market reach.

Revenue

In the quarter ending Q3FY25, National Fertilizer Ltd reported a total income of ₹5883.93 crores. This represents a substantial quarter-over-quarter (QoQ) increase of 33.6% compared to the previous quarter (Q2FY25), where total income was ₹4404.40 crores. However, on a year-over-year (YoY) basis, there was a decline of 22.6%, with Q3FY24's total income reported at ₹7598.28 crores. These figures indicate fluctuations in revenue, influenced by various factors such as market demand, pricing strategies, and seasonal trends. The company's revenue performance in recent quarters reflects changes in operational dynamics and market conditions.

Profitability

The profitability metrics for National Fertilizer Ltd in Q3FY25 show mixed results. The company achieved a profit before tax of ₹41.92 crores, marking a significant recovery from a loss of ₹13.80 crores in Q2FY25. This represents a remarkable QoQ improvement of -403.8%. However, when compared to Q3FY24, where the profit before tax was ₹190.23 crores, there is a noticeable YoY decline of 78.0%. The tax expense for Q3FY25 stood at ₹11.02 crores, reversing from a negative tax figure in the previous quarter. Profit after tax for this quarter reached ₹45.81 crores, reflecting a substantial QoQ growth of 279.5% from ₹12.07 crores in Q2FY25, but a YoY decrease of 69.6% from ₹150.90 crores in Q3FY24. The earnings per share (EPS) for the quarter was ₹0.90, up from ₹0.30 in the previous quarter, yet down from ₹3.10 in the same quarter last year.

Operating Metrics

During Q3FY25, National Fertilizer Ltd experienced total expenses of ₹5842.01 crores, which increased by 32.2% QoQ compared to ₹4418.20 crores in Q2FY25. This reflects the company's operational scale-up during the period. However, there was a YoY decrease of 21.1% from ₹7408.05 crores in Q3FY24. The substantial rise in expenses over the last quarter can be attributed to various operational factors such as increased production costs, supply chain adjustments, or strategic investments. Despite the rise in expenses, the net impact on profitability was positive due to the improvement in total income. These metrics highlight the operational adjustments and financial management strategies employed by the company to navigate market conditions.