Airo Lam Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Airo Lam Ltd reported a 4.8% 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 4.8%.
- Its expenses for the quarter were down by 4.6% QoQ and 2.0% YoY.
- The net profit decreased 133.6% QoQ and decreased 42.0% YoY.
- The earnings per share (EPS) of Airo Lam Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 54.21 | 51.72 | 56.93 | 4.8% | -4.8% |
Total Expenses | 52.83 | 55.35 | 53.91 | -4.6% | -2.0% |
Profit Before Tax | 1.37 | -3.64 | 3.01 | -137.6% | -54.5% |
Tax | 0.28 | -0.39 | 1.13 | -171.8% | -75.2% |
Profit After Tax | 1.09 | -3.24 | 1.88 | -133.6% | -42.0% |
Earnings Per Share | 0.70 | -2.20 | 1.30 | -131.8% | -46.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Airo Lam Ltd is a company engaged in the manufacturing and distribution of decorative laminates. It operates within the building materials industry, focusing on offering high-quality products for interior and exterior decoration. The company's portfolio includes a variety of laminate designs and finishes that cater to different customer preferences and market demands. While specific recent developments in the company are not available within the provided data, it is crucial to note that the laminate industry generally faces competitive pressures and demands constant innovation to meet aesthetic and functional requirements of modern architecture and interior design.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Airo Lam Ltd reported a total income of ₹54.21 crores. This represents a quarter-over-quarter (QoQ) increase of 4.8% from the second quarter of fiscal year 2025 (Q2FY25), where the total income was ₹51.72 crores. However, compared to the third quarter of fiscal year 2024 (Q3FY24), the total income decreased by 4.8% from ₹56.93 crores. The fluctuations in total income over the quarters indicate variations in the company's revenue streams, which could be influenced by market conditions, demand for its products, and competitive dynamics in the industry.
Profitability
Airo Lam Ltd's profitability metrics show significant changes over the reported periods. In Q3FY25, the company achieved a profit before tax of ₹1.37 crores, a notable recovery from a loss of ₹3.64 crores in Q2FY25. This represents an improvement of 137.6% QoQ. However, there was a decrease of 54.5% year-over-year (YoY) compared to Q3FY24, when the profit before tax was ₹3.01 crores. The profit after tax for Q3FY25 was ₹1.09 crores, which also marks a recovery from a loss in Q2FY25 of ₹3.24 crores. On a YoY basis, there is a decline of 42.0% from the Q3FY24 profit after tax of ₹1.88 crores. The earnings per share (EPS) for Q3FY25 stood at ₹0.70, representing an increase from a negative EPS in Q2FY25, but a decrease from ₹1.30 in Q3FY24.
Operating Metrics
Airo Lam Ltd's total expenses for Q3FY25 were ₹52.83 crores, reflecting a decrease of 4.6% QoQ from ₹55.35 crores in Q2FY25. Compared to Q3FY24, expenses decreased by 2.0% from ₹53.91 crores. This reduction in expenses, alongside the income figures, highlights the company's operational efforts to manage costs effectively amidst fluctuating income levels. The tax expense for Q3FY25 was ₹0.28 crores, which is a reversal from a negative tax figure in Q2FY25 and a significant decrease from ₹1.13 crores in Q3FY24. These figures illustrate the company's tax obligations in relation to its profitability metrics for the respective quarters.
