Astron Paper & Board Mill Ltd's Q3FY25 Quarter Results
- 18 Feb 2025
Result Summary
- Astron Paper & Board Mill Ltd reported a 96.2% 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 decline of 98.1%.
- Its expenses for the quarter were down by 55.5% QoQ and 71.9% YoY.
- The net profit increased 252.9% QoQ and increased 1714.9% YoY.
- The earnings per share (EPS) of Astron Paper & Board Mill Ltd declined at 6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1.37 | 35.66 | 73.37 | -96.2% | -98.1% |
Total Expenses | 21.24 | 47.75 | 75.51 | -55.5% | -71.9% |
Profit Before Tax | -19.86 | -12.08 | -2.15 | 64.4% | 823.7% |
Tax | 8.09 | -4.16 | -0.62 | -294.5% | -1404.8% |
Profit After Tax | -27.95 | -7.92 | -1.54 | 252.9% | 1714.9% |
Earnings Per Share | -6.00 | -1.70 | -0.30 | 252.9% | 1900.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Astron Paper & Board Mill Ltd is a company primarily engaged in the manufacturing of paper products. The company's operations focus on producing kraft paper, which is a key raw material in the packaging industry. Astron Paper serves a variety of industries with its products, positioning itself within the broader pulp and paper sector. While specific recent developments about the company are not provided in the data, it operates in a competitive industry characterized by demand fluctuations based on packaging needs across various sectors.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Astron Paper & Board Mill Ltd reported total income of ₹1.37 crores. This represents a significant decrease of 96.2% quarter-over-quarter (QoQ) from ₹35.66 crores in the previous quarter (Q2FY25), and a 98.1% decrease year-over-year (YoY) from ₹73.37 crores recorded in the same quarter of the previous fiscal year (Q3FY24). These figures indicate a substantial decline in revenue generation compared to both the preceding quarter and the same period last year, reflecting a challenging revenue environment for the company during this quarter.
Profitability
The company's profitability metrics for Q3FY25 show a notable decline. The profit before tax (PBT) was recorded at a negative ₹19.86 crores, which is a deterioration from a negative ₹12.08 crores in Q2FY25, marking a 64.4% QoQ change. Compared to Q3FY24, the PBT has decreased from a negative ₹2.15 crores, reflecting an 823.7% YoY change. The profit after tax (PAT) for Q3FY25 stands at a negative ₹27.95 crores, a significant increase in losses from a negative ₹7.92 crores in Q2FY25, and from a negative ₹1.54 crores in Q3FY24. This results in a 252.9% QoQ change and a 1714.9% YoY change in PAT. Earnings per share (EPS) also reflect this trend, with a figure of -6.00 in Q3FY25, compared to -1.70 in Q2FY25 and -0.30 in Q3FY24.
Operating Metrics
Operating metrics for Astron Paper & Board Mill Ltd in Q3FY25 demonstrate a decreased cost structure alongside declining revenue. Total expenses were reported at ₹21.24 crores for Q3FY25, down from ₹47.75 crores in Q2FY25, representing a 55.5% reduction. Compared to Q3FY24, where expenses were ₹75.51 crores, this marks a 71.9% YoY decrease. The tax expense for Q3FY25 was ₹8.09 crores, contrasting with a negative tax expense in Q2FY25 of -₹4.16 crores and -₹0.62 crores in Q3FY24, showing significant variations at -294.5% QoQ and -1404.8% YoY, respectively. These figures illustrate that while expenses have decreased, the company continues to face substantial losses, affecting overall financial health.
