AYM Syntex Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- AYM Syntex Ltd reported a 6.4% 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 13.9%.
- Its expenses for the quarter were down by 6.3% QoQ and up 12.4% YoY.
- The net profit decreased 13.7% QoQ and decreased 469.6% YoY.
- The earnings per share (EPS) of AYM Syntex Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 379.09 | 405.04 | 332.91 | -6.4% | 13.9% |
Total Expenses | 373.88 | 399.00 | 332.64 | -6.3% | 12.4% |
Profit Before Tax | 5.21 | 6.04 | -1.50 | -13.7% | -447.3% |
Tax | 1.81 | 2.10 | -0.58 | -13.8% | -412.1% |
Profit After Tax | 3.40 | 3.94 | -0.92 | -13.7% | -469.6% |
Earnings Per Share | 0.70 | 0.80 | -0.20 | -12.5% | -450.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
AYM Syntex Ltd is a company engaged in the manufacturing sector, specifically focusing on the production of synthetic yarns and textiles. The company operates within the broader textile industry, which encompasses the production and distribution of a wide range of textile products. AYM Syntex is known for its diverse range of products, including synthetic yarns used in various applications, from clothing to industrial textiles. As of the latest data available up to October 2023, there are no significant recent developments about the company that have been publicly disclosed. Therefore, further specific details about major recent events or strategic changes in the company are not available at this time.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), AYM Syntex Ltd reported a total income of ₹379.09 crores. This represents a decrease of 6.4% from the previous quarter (Q2FY25), where the total income was ₹405.04 crores. However, the company experienced a year-over-year increase of 13.9% compared to the third quarter of the fiscal year 2024 (Q3FY24), when total income was ₹332.91 crores. This financial metric highlights the company's revenue generation capabilities over the specified periods. The quarterly decrease suggests a reduction in revenue generation compared to the previous quarter, while the year-over-year increase indicates an improvement in revenue compared to the same quarter in the previous year.
Profitability
For Q3FY25, AYM Syntex Ltd's profit before tax stood at ₹5.21 crores, marking a 13.7% decline from the ₹6.04 crores recorded in Q2FY25. Despite this quarterly decline, it is a significant improvement from Q3FY24, where a loss of ₹1.50 crores was reported. The company incurred a tax expense of ₹1.81 crores in Q3FY25, down from ₹2.10 crores in Q2FY25, and a considerable change from a tax credit of ₹0.58 crores in Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹3.40 crores, reflecting a decrease of 13.7% compared to Q2FY25's ₹3.94 crores, but a marked recovery from the loss of ₹0.92 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 was ₹0.70, compared to ₹0.80 in Q2FY25, and significantly better than the negative EPS of ₹0.20 in Q3FY24.
Operating Metrics
AYM Syntex Ltd's total expenses for Q3FY25 totaled ₹373.88 crores, a 6.3% reduction from the ₹399.00 crores recorded in Q2FY25. Compared to the same quarter in the previous year (Q3FY24), where total expenses were ₹332.64 crores, there is a 12.4% year-over-year increase. The company's cost management and operational efficiency can be inferred from these metrics, though no assessments are made. The financial data indicates fluctuations in expenses and their impact on the company's overall operating performance over the observed periods.
