Oriental Carbon & Chemicals Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- Oriental Carbon & Chemicals Ltd reported a 7.8% 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 70.9%.
- Its expenses for the quarter were down by 4.1% QoQ and 71.9% YoY.
- The net profit increased 52.8% QoQ and decreased 69.9% YoY.
- The earnings per share (EPS) of Oriental Carbon & Chemicals Ltd stood at 1.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 30.28 | 32.84 | 104.07 | -7.8% | -70.9% |
Total Expenses | 26.98 | 28.14 | 95.98 | -4.1% | -71.9% |
Profit Before Tax | 3.31 | 4.70 | 8.09 | -29.6% | -59.1% |
Tax | 1.10 | 3.27 | 0.78 | -66.4% | 41.0% |
Profit After Tax | 2.20 | 1.44 | 7.30 | 52.8% | -69.9% |
Earnings Per Share | 1.90 | 0.20 | 6.70 | 850.0% | -71.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Oriental Carbon & Chemicals Ltd is a company that primarily operates in the chemical industry, known for manufacturing insoluble sulfur, a key ingredient used in the rubber industry, especially for tire manufacturing. The company is recognized as a prominent player within this niche market, catering to both domestic and international markets. While detailed information on recent developments isn't available in the provided data, Oriental Carbon & Chemicals Ltd typically focuses on expanding and optimizing its production capacities to meet growing demands. The company is headquartered in India and benefits from its strategic positioning in the global supply chain of specialized chemicals.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Oriental Carbon & Chemicals Ltd reported a total income of ₹30.28 crores. This represents a decrease of 7.8% compared to the previous quarter (Q2FY25), where the total income was ₹32.84 crores. The year-over-year comparison shows a significant decline of 70.9% from the same quarter in the previous fiscal year (Q3FY24), during which the total income was ₹104.07 crores. The data highlights a considerable reduction in revenue over the past year, reflecting changes in market conditions or operational adjustments.
Profitability
During Q3FY25, the company recorded a profit before tax (PBT) of ₹3.31 crores, marking a decrease of 29.6% from the previous quarter's PBT of ₹4.70 crores. Compared to the same quarter last year, where the PBT was ₹8.09 crores, there is a year-over-year decline of 59.1%. Profit after tax (PAT) for Q3FY25 stood at ₹2.20 crores, which is a 52.8% increase from Q2FY25's PAT of ₹1.44 crores, but a 69.9% decrease from Q3FY24's PAT of ₹7.30 crores. The earnings per share (EPS) for the current quarter were ₹1.90, significantly higher than Q2FY25's EPS of ₹0.20, representing an 850.0% increase, yet lower than Q3FY24's EPS of ₹6.70 by 71.6%.
Operating Metrics
Total expenses for Q3FY25 amounted to ₹26.98 crores, which reflects a decrease of 4.1% from Q2FY25, where expenses were ₹28.14 crores. Year-over-year, total expenses have decreased by 71.9% from the previous year's Q3 expenses of ₹95.98 crores. The tax expense for the current quarter was ₹1.10 crores, showing a significant reduction of 66.4% from the previous quarter's tax of ₹3.27 crores. However, on a year-over-year basis, tax expenses increased by 41.0% from Q3FY24's tax of ₹0.78 crores. These metrics indicate variations in the company's cost structure and tax obligations over the quarters and year.