Responsive Industries Ltd's Q3FY25 Quarterly Results

Result Summary

• Responsive Industries Ltd reported a 5.3% 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 37.9%.
• Its expenses for the quarter were up by 6.7% QoQ and 44.3% YoY.
• The net profit decreased 4.7% QoQ and increased 5.0% YoY.
• The earnings per share (EPS) of Responsive Industries Ltd stood at 1.8 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

Responsive Industries Ltd is a company engaged in the manufacturing sector, specializing in products that cater to various industry needs. The company is known for its robust line-up of industrial products, which include vinyl flooring, synthetic leather, and other related products. These offerings position Responsive Industries as a significant player in the flooring and synthetic surfaces market. While detailed recent developments were not provided, the company continues to focus on innovation and expanding its market reach. Responsive Industries' operations are likely influenced by trends in construction, real estate, automotive, and other sectors that utilize its products.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Responsive Industries Ltd reported a total income of ₹370.49 crores. This figure represents a growth of 5.3% quarter-over-quarter (QoQ) compared to ₹351.76 crores in Q2FY25 and a more substantial year-over-year (YoY) increase of 37.9% from ₹268.75 crores in Q3FY24. This steady rise in revenue reflects the company's expansion efforts and the growing demand for its products. The consistent increase in total income highlights the company's successful strategies in capturing market share and enhancing its revenue streams.

Profitability

The profitability of Responsive Industries Ltd is reflected in its profit before tax and profit after tax figures. In Q3FY25, the company reported a profit before tax of ₹50.70 crores, which is slightly lower by 2.7% compared to ₹52.12 crores in Q2FY25, yet it shows a YoY increase of 7.6% from ₹47.12 crores in Q3FY24. After accounting for taxes, the profit after tax stood at ₹46.95 crores, representing a QoQ decline of 4.7% from ₹49.28 crores in the previous quarter, but a YoY growth of 5.0% from ₹44.71 crores in the same quarter last year. The earnings per share (EPS) for Q3FY25 was ₹1.80, marking a decrease of 5.3% QoQ from ₹1.90, while showing a YoY increase of 5.9% from ₹1.70.

Operating Metrics

The operating metrics for Responsive Industries Ltd, as reflected in total expenses, show that the company incurred expenses amounting to ₹319.78 crores in Q3FY25. This represents a 6.7% increase QoQ from ₹299.64 crores and a 44.3% rise YoY from ₹221.63 crores in Q3FY24. The increase in total expenses could be indicative of the company's expanding operations or increased input costs. The tax expenses for Q3FY25 were ₹3.75 crores, up by 32.5% QoQ from ₹2.83 crores and a significant YoY rise of 55.6% from ₹2.41 crores. These figures suggest that while the company has seen growth in its revenue, it has also experienced higher costs associated with its operations and tax obligations.