Balaji Amines Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Balaji Amines Ltd reported a 10.0% 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 18.2%.
- Its expenses for the quarter were down by 6.5% QoQ and 13.0% YoY.
- The net profit decreased 24.9% QoQ and decreased 44.2% YoY.
- The earnings per share (EPS) of Balaji Amines Ltd stood at 10.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 320.59 | 356.07 | 391.82 | -10.0% | -18.2% |
Total Expenses | 279.70 | 299.26 | 321.55 | -6.5% | -13.0% |
Profit Before Tax | 40.89 | 56.81 | 70.27 | -28.0% | -41.8% |
Tax | 9.75 | 15.36 | 14.49 | -36.5% | -32.7% |
Profit After Tax | 31.14 | 41.45 | 55.77 | -24.9% | -44.2% |
Earnings Per Share | 10.20 | 12.70 | 15.20 | -19.7% | -32.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Balaji Amines Ltd is a notable entity in the chemical industry, primarily focusing on manufacturing aliphatic amines, derivatives, and specialty chemicals. These products have significant applications across pharmaceuticals, agrochemicals, and water treatment industries, among others. The company is known for its extensive range of amines, which are essential intermediates in various chemical processes. Recent developments in the company may include capacity expansions and the introduction of new product lines to meet evolving market demands. However, specific recent updates are not available in the provided data.
Revenue
For the quarter ending Q3FY25, Balaji Amines Ltd reported a total income of ₹320.59 crores. This marks a decrease of 10.0% from the preceding quarter, Q2FY25, where the total income was ₹356.07 crores. Comparing year-over-year, there is a significant decline of 18.2% from Q3FY24's total income of ₹391.82 crores. The trend indicates a consistent drop in revenue over the periods in question, reflecting broader challenges or changes in market dynamics during these times.
Profitability
The company's profitability metrics for Q3FY25 show a profit before tax of ₹40.89 crores, which is a decrease of 28.0% from the previous quarter's ₹56.81 crores. Year-over-year, the decline is even more pronounced at 41.8% compared to Q3FY24's profit before tax of ₹70.27 crores. After accounting for taxes, the profit after tax for Q3FY25 stands at ₹31.14 crores, experiencing a quarter-over-quarter drop of 24.9% from Q2FY25's ₹41.45 crores and a year-over-year decrease of 44.2% from Q3FY24's ₹55.77 crores. The earnings per share (EPS) for Q3FY25 is ₹10.20, down by 19.7% from the prior quarter and 32.9% from the same quarter last year.
Operating Metrics
The total expenses for Balaji Amines Ltd in Q3FY25 amounted to ₹279.70 crores, which represents a 6.5% reduction from Q2FY25's expenses of ₹299.26 crores. When compared to Q3FY24, there is a 13.0% decrease from the expenses of ₹321.55 crores. The tax expense for the latest quarter is ₹9.75 crores, falling by 36.5% from the preceding quarter and by 32.7% from the same quarter last year. These figures suggest adjustments in operational expenditure and tax liabilities in response to the changing revenue and profit landscape over the analyzed periods.
