Shreeoswal Seeds & Chemicals Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Shreeoswal Seeds & Chemicals Ltd reported a 11.5% 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 1.7%.
- Its expenses for the quarter were down by 98.7% QoQ and 98.9% YoY.
- The net profit increased 1578.1% QoQ and decreased 261.7% YoY.
- The earnings per share (EPS) of Shreeoswal Seeds & Chemicals Ltd stood at 0.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 75.47 | 67.69 | 76.74 | 11.5% | -1.7% |
Total Expenses | 0.87 | 67.24 | 79.63 | -98.7% | -98.9% |
Profit Before Tax | 7.30 | 0.46 | -2.89 | 1487.0% | -352.6% |
Tax | 1.93 | 0.13 | 0.43 | 1384.6% | 348.8% |
Profit After Tax | 5.37 | 0.32 | -3.32 | 1578.1% | -261.7% |
Earnings Per Share | 0.60 | 0.00 | -0.40 | - | -250.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shreeoswal Seeds & Chemicals Ltd is a company engaged in the agriculture sector, primarily focusing on the production and distribution of seeds and agricultural chemicals. The company plays a critical role in the agribusiness value chain, offering products that support the agricultural needs of farmers. As of the latest information available, there are no specific recent major developments or changes in the company’s operations or strategic direction publicly reported. Shreeoswal Seeds & Chemicals Ltd continues to serve its core markets, providing essential goods to enhance agricultural productivity.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), Shreeoswal Seeds & Chemicals Ltd reported a total income of ₹75.47 crores. This represents an 11.5% increase compared to the previous quarter (Q2FY25), where the total income was ₹67.69 crores. However, there is a slight year-over-year decrease of 1.7% from the third quarter of the fiscal year 2024 (Q3FY24), when the total income was ₹76.74 crores. The revenue figures reflect the company's performance in generating income over the reported periods, showing a positive quarterly growth while maintaining a steady annual comparison.
Profitability
The company reported a significant increase in profitability for Q3FY25. Profit Before Tax (PBT) reached ₹7.30 crores, marking a substantial increase from ₹0.46 crores in Q2FY25 and a notable improvement from a loss of ₹2.89 crores in Q3FY24. The Profit After Tax (PAT) for Q3FY25 was ₹5.37 crores, up from ₹0.32 crores in the previous quarter and recovering from a loss of ₹3.32 crores in the same quarter of the previous year. Earnings Per Share (EPS) also improved to ₹0.60 from ₹0.00 in Q2FY25 and from a negative ₹0.40 in Q3FY24. These figures indicate robust quarterly growth in profitability measures.
Operating Metrics
Total expenses for Shreeoswal Seeds & Chemicals Ltd in Q3FY25 were reported at ₹0.87 crores, which is a drastic reduction from ₹67.24 crores in Q2FY25 and ₹79.63 crores in Q3FY24. This represents a 98.7% decrease quarter-over-quarter and a 98.9% decrease year-over-year. The company's tax expense for Q3FY25 was ₹1.93 crores, up significantly from ₹0.13 crores in Q2FY25 and from ₹0.43 crores in Q3FY24. These metrics highlight a substantial reduction in expenses, reflecting operational changes or adjustments during the current quarter. The tax increase reflects adjustments in tax liabilities corresponding to the improved profitability.
