Balrampur Chini Mills Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Balrampur Chini Mills Ltd reported a 12.0% 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 6.6%.
- Its expenses for the quarter were down by 14.7% QoQ and 4.1% YoY.
- The net profit increased 4.9% QoQ and decreased 22.8% YoY.
- The earnings per share (EPS) of Balrampur Chini Mills Ltd stood at 3.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1198.92 | 1362.84 | 1284.32 | -12.0% | -6.6% |
Total Expenses | 1118.93 | 1312.08 | 1166.89 | -14.7% | -4.1% |
Profit Before Tax | 79.99 | 50.75 | 117.43 | 57.6% | -31.9% |
Tax | 18.55 | -8.02 | 31.91 | -331.3% | -41.9% |
Profit After Tax | 70.47 | 67.18 | 91.33 | 4.9% | -22.8% |
Earnings Per Share | 3.50 | 3.30 | 4.50 | 6.1% | -22.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Balrampur Chini Mills Ltd is one of India's largest integrated sugar manufacturing companies. Primarily involved in the production and sale of sugar, the company is a significant player in the sugar industry. In addition to sugar, Balrampur Chini Mills Ltd also produces ethanol, power, and other by-products derived from sugarcane processing. The company has a considerable presence in the northern part of India, benefiting from the region's high-yield sugarcane crops. As of the latest data, no new major developments have been reported for the company.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Balrampur Chini Mills Ltd reported a total income of ₹1198.92 crores. This represents a decrease of 12.0% from the previous quarter (Q2FY25), where the total income was ₹1362.84 crores. Year-over-year, the total income also declined by 6.6%, compared to ₹1284.32 crores in Q3FY24. The decline in revenue on both a quarterly and annual basis highlights the variability in income, which can be influenced by several factors including market conditions and production cycles in the sugar industry.
Profitability
The company's profitability showed mixed results for the quarter. Profit Before Tax (PBT) in Q3FY25 was ₹79.99 crores, which is a significant increase of 57.6% from ₹50.75 crores in Q2FY25. However, this represents a decrease of 31.9% compared to ₹117.43 crores in Q3FY24. The Profit After Tax (PAT) for Q3FY25 was ₹70.47 crores, reflecting a slight quarter-over-quarter increase of 4.9% from ₹67.18 crores in Q2FY25, but a year-over-year decrease of 22.8% from ₹91.33 crores in Q3FY24. Earnings Per Share (EPS) improved by 6.1% QoQ to ₹3.50 from ₹3.30 in the previous quarter but fell by 22.2% YoY from ₹4.50 in Q3FY24.
Operating Metrics
The company's total expenses for Q3FY25 were ₹1118.93 crores, marking a decrease of 14.7% from ₹1312.08 crores in Q2FY25. This reduction in expenses is reflected in the quarter-over-quarter improvements in profit margins. Year-over-year, total expenses decreased by 4.1% from ₹1166.89 crores in Q3FY24. The tax expense for Q3FY25 was ₹18.55 crores, which contrasts with a negative tax value of ₹-8.02 crores in Q2FY25, indicating a significant tax variation. When compared to the previous year, tax expenses decreased by 41.9% from ₹31.91 crores in Q3FY24. These metrics suggest changes in cost management and taxation that impact the company's financial results.
