Precot Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Precot Ltd reported a 1.6% 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 growth of 9.3%.
- Its expenses for the quarter were down by 1.1% QoQ and up 6.7% YoY.
- The net profit decreased 12.2% QoQ and increased 4.8% YoY.
- The earnings per share (EPS) of Precot Ltd stood at 7.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 251.00 | 255.18 | 229.70 | -1.6% | 9.3% |
Total Expenses | 238.13 | 240.74 | 223.20 | -1.1% | 6.7% |
Profit Before Tax | 12.88 | 14.44 | 6.50 | -10.8% | 98.2% |
Tax | 3.64 | 3.94 | -2.31 | -7.6% | -257.6% |
Profit After Tax | 9.23 | 10.51 | 8.81 | -12.2% | 4.8% |
Earnings Per Share | 7.70 | 8.80 | 7.30 | -12.5% | 5.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Precot Ltd is a company whose operations are primarily centered around the textile industry. It is engaged in the production and sale of a variety of textile products. As of the most recent data available, there have been no significant developments or changes in the company's operational focus. This report will analyze the financial performance of Precot Ltd for the third quarter of the fiscal year 2025, providing insights based on the available data.
Revenue
During the third quarter of fiscal year 2025, Precot Ltd reported a total income of ₹251.00 crores. This marks a slight decrease of 1.6% from the previous quarter, Q2FY25, where total income was ₹255.18 crores. However, when compared to the same quarter in the previous fiscal year, Q3FY24, there is a notable year-over-year increase of 9.3%, with the total income then being ₹229.70 crores. These figures reflect the company's revenue trends over the specified periods.
Profitability
For Q3FY25, Precot Ltd recorded a Profit Before Tax (PBT) of ₹12.88 crores, a decline of 10.8% from ₹14.44 crores in Q2FY25. However, when compared to Q3FY24, where the PBT was ₹6.50 crores, there is a substantial year-over-year increase of 98.2%. The company registered a Profit After Tax (PAT) of ₹9.23 crores in Q3FY25, which is a decrease of 12.2% from the previous quarter's ₹10.51 crores but a year-over-year rise of 4.8% compared to ₹8.81 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 was ₹7.70, showcasing a decrease of 12.5% from the previous quarter's ₹8.80, while reflecting a 5.5% increase from ₹7.30 in the same quarter last year.
Operating Metrics
Precot Ltd's total expenses for Q3FY25 were ₹238.13 crores, showing a marginal decrease of 1.1% from Q2FY25, where expenses were ₹240.74 crores. When compared to Q3FY24, there is a year-over-year increase of 6.7%, with expenses at ₹223.20 crores during that period. The tax paid during Q3FY25 was ₹3.64 crores, which represents a decrease of 7.6% from ₹3.94 crores in Q2FY25. The tax figures for Q3FY24 indicate an anomaly with a reported negative tax of ₹-2.31 crores, which could be attributed to adjustments or tax credits. These operating metrics provide a snapshot of the company's expenditure and tax obligations over the analyzed quarters.
