Archidply Industries Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- Archidply Industries Ltd reported a 15.8% 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 growth of 42.7%.
- Its expenses for the quarter were up by 14.5% QoQ and 47.6% YoY.
- The net profit decreased 41.7% QoQ and decreased 219.9% YoY.
- The earnings per share (EPS) of Archidply Industries Ltd declined at 0.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 151.15 | 130.56 | 105.92 | 15.8% | 42.7% |
Total Expenses | 153.25 | 133.86 | 103.81 | 14.5% | 47.6% |
Profit Before Tax | -2.09 | -3.30 | 2.11 | -36.7% | -199.1% |
Tax | -0.33 | -0.30 | 0.65 | 10.0% | -150.8% |
Profit After Tax | -1.75 | -3.00 | 1.46 | -41.7% | -219.9% |
Earnings Per Share | -0.90 | -1.50 | 0.70 | -40.0% | -228.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Archidply Industries Ltd is primarily engaged in the manufacturing and sale of wood and paper products, including plywood, laminates, and veneers. The company operates in the building materials and construction sector, supplying its products to both domestic and international markets. Archidply Industries has been recognized for its commitment to innovation and sustainability in producing high-quality materials. As of the latest updates, there are no specific recent developments or strategic shifts disclosed for Archidply Industries Ltd.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Archidply Industries Ltd reported a total income of ₹151.15 crores, reflecting a substantial growth of 15.8% compared to the previous quarter (Q2FY25) where the total income was ₹130.56 crores. Year-over-year, the company achieved a remarkable increase of 42.7% in total income when compared to the same quarter in the previous fiscal year (Q3FY24), which recorded ₹105.92 crores. This growth trajectory in revenue indicates a positive expansion in the company's sales over the periods considered.
Profitability
During the quarter Q3FY25, Archidply Industries Ltd experienced a loss before tax of ₹-2.09 crores, showing an improvement from the previous quarter Q2FY25, where the loss was higher at ₹-3.30 crores. However, compared to Q3FY24, when the company reported a profit before tax of ₹2.11 crores, there is a significant decline. The tax expense for Q3FY25 was ₹-0.33 crores, slightly higher than ₹-0.30 crores in Q2FY25, but down from a tax liability of ₹0.65 crores in Q3FY24. The profit after tax for Q3FY25 stood at ₹-1.75 crores, demonstrating a reduction in losses from Q2FY25's ₹-3.00 crores. Yet, there is a notable contrast from Q3FY24, where the company posted a profit after tax of ₹1.46 crores. Earnings per Share (EPS) followed a similar pattern, recorded at ₹-0.90 for Q3FY25, improving from ₹-1.50 in Q2FY25, but down from ₹0.70 in Q3FY24.
Operating Metrics
The operating expenses for Q3FY25 were ₹153.25 crores, which marks an increase of 14.5% from Q2FY25's ₹133.86 crores. This figure also represents a year-over-year rise of 47.6% from ₹103.81 crores in Q3FY24. The increase in expenses has contributed to the current quarter's financial performance, impacting overall profitability. Despite the company's revenue growth, the increase in operating expenses remains a critical factor in the financial results of Archidply Industries Ltd for the reported quarter.
