20 Microns Ltd's Q3FY25 Quarter Results
- 23 Jan 2025
Result Summary
- 20 Microns Ltd reported a 10.3% 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 23.3%.
- Its expenses for the quarter were down by 9.2% QoQ and up 24.1% YoY.
- The net profit decreased 21.5% QoQ and increased 12.3% YoY.
- The earnings per share (EPS) of 20 Microns Ltd stood at 3.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 216.08 | 240.95 | 175.27 | -10.3% | 23.3% |
Total Expenses | 198.40 | 218.42 | 159.89 | -9.2% | 24.1% |
Profit Before Tax | 16.76 | 22.53 | 15.37 | -25.6% | 9.0% |
Tax | 3.93 | 6.09 | 3.89 | -35.5% | 1.0% |
Profit After Tax | 12.92 | 16.45 | 11.50 | -21.5% | 12.3% |
Earnings Per Share | 3.60 | 4.70 | 3.30 | -23.4% | 9.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
20 Microns Ltd is a prominent player in the industrial minerals sector, primarily involved in the production and distribution of micronized minerals and specialty chemicals. The company is known for its extensive range of products, including talc, calcite, dolomite, and other micronized materials which are utilized across various industries such as paints, plastics, rubber, and ceramics. As of the latest updates available until October 2023, there are no specific major developments highlighted for the company. However, the company continues to maintain its position by focusing on quality and innovation in its product offerings. Without additional context, further recent developments about the company are not available from the data provided.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), 20 Microns Ltd reported a total income of ₹216.08 crores. This marks a decrease of 10.3% compared to the previous quarter (Q2FY25), where the total income stood at ₹240.95 crores. Despite the quarter-over-quarter decline, there is a significant year-over-year increase of 23.3% from Q3FY24, where total income was ₹175.27 crores. This indicates a robust annual growth in revenue, reflecting an upward trend in the company's income generation over the past year.
Profitability
The company's profitability metrics for Q3FY25 reveal a profit before tax (PBT) of ₹16.76 crores, which is a decline of 25.6% from Q2FY25's ₹22.53 crores. However, compared to the same quarter in the previous year (Q3FY24), where PBT was ₹15.37 crores, there is a 9.0% increase. The tax expense for Q3FY25 was ₹3.93 crores, which reduced significantly by 35.5% from the previous quarter but showed a marginal year-over-year increase of 1.0%. Consequently, profit after tax (PAT) for Q3FY25 was ₹12.92 crores, showing a quarter-over-quarter decrease of 21.5% from Q2FY25's ₹16.45 crores, yet demonstrating a year-over-year increase of 12.3% from Q3FY24's ₹11.50 crores.
Operating Metrics
Earnings per share (EPS) for 20 Microns Ltd in Q3FY25 were reported at ₹3.60, reflecting a decrease of 23.4% from the previous quarter (Q2FY25), where EPS was ₹4.70. Nonetheless, this is an increase of 9.1% from the previous year’s Q3FY24 EPS of ₹3.30. Total expenses for the quarter amounted to ₹198.40 crores, down by 9.2% from Q2FY25's ₹218.42 crores, yet witnessing a year-over-year increase of 24.1% from Q3FY24's ₹159.89 crores. This indicates that while the quarter-over-quarter expenses have reduced, they have grown significantly over the year, paralleling the growth in total income.
