Premier Explosives Ltd's Q3FY25 Quarterly Results

Result Summary

• Premier Explosives Ltd reported a 73.7% 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 growth of 250.2%.
• Its expenses for the quarter were up by 88.7% QoQ and 249.6% YoY.
• The net profit increased 9.5% QoQ and increased 436.6% YoY.
• The earnings per share (EPS) of Premier Explosives Ltd stood at 1.7 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

Premier Explosives Ltd is a company known for its involvement in the explosives industry. The company specializes in the manufacturing of explosives and related products, which are widely used in sectors such as mining, infrastructure, and defense. Premier Explosives Ltd has been a crucial player in supplying a range of explosive products and services that adhere to safety and quality standards. As of the latest available data, there are no additional specific developments or changes in the company's business scope provided.

Revenue

In Q3 FY25, Premier Explosives Ltd reported a total income of ₹166.14 crores. This represents a significant increase of 73.7% quarter-over-quarter (QoQ) from ₹95.66 crores in Q2 FY25 and a substantial year-over-year (YoY) growth of 250.2% from ₹47.44 crores in Q3 FY24. Such growth in total income highlights a period of strong revenue generation for the company within the respective quarters. The data indicates an upward trend in the company's revenue performance over both the short and longer terms.

Profitability

The profitability of Premier Explosives Ltd is reflected in several key financial metrics. The profit before tax for Q3 FY25 was ₹8.81 crores, showing a decrease of 28.3% QoQ from ₹12.28 crores in Q2 FY25 but an increase of 261.1% YoY from ₹2.44 crores in Q3 FY24. The company experienced a tax credit of ₹0.43 crores in Q3 FY25, a significant shift from a tax expense of ₹3.85 crores in Q2 FY25 and ₹0.72 crores in Q3 FY24. Consequently, the profit after tax for Q3 FY25 amounted to ₹9.23 crores, which is a QoQ increase of 9.5% from ₹8.43 crores in Q2 FY25 and a YoY increase of 436.6% from ₹1.72 crores in Q3 FY24. Earnings per share also showed a consistent growth of 6.2% both QoQ and YoY, rising from ₹1.60 in both Q2 FY25 and Q3 FY24 to ₹1.70 in Q3 FY25.

Operating Metrics

The operating metrics of Premier Explosives Ltd reveal a comprehensive view of its financial health. Total expenses for Q3 FY25 were reported at ₹157.33 crores, which is an 88.7% increase QoQ from ₹83.38 crores in Q2 FY25, and a 249.6% increase YoY from ₹45.00 crores in Q3 FY24. The substantial rise in both total income and expenses indicates a period of increased operational activity for the company. The analysis of profit before tax and taxes paid shows notable fluctuations, with the company achieving a net profit after tax of ₹9.23 crores in Q3 FY25. These figures suggest a dynamic quarter with changes in tax obligations and operating costs impacting the overall financial performance.