BASF India Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- BASF India Ltd reported a 11.4% 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 12.7%.
- Its expenses for the quarter were down by 11.1% QoQ and up 15.0% YoY.
- The net profit decreased 19.1% QoQ and decreased 26.1% YoY.
- The earnings per share (EPS) of BASF India Ltd stood at 23.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 3777.79 | 4266.08 | 3352.77 | -11.4% | 12.7% |
Total Expenses | 3640.08 | 4094.89 | 3165.37 | -11.1% | 15.0% |
Profit Before Tax | 137.71 | 171.19 | 187.40 | -19.6% | -26.5% |
Tax | 34.16 | 43.26 | 47.34 | -21.0% | -27.8% |
Profit After Tax | 103.55 | 127.93 | 140.06 | -19.1% | -26.1% |
Earnings Per Share | 23.90 | 29.60 | 32.30 | -19.3% | -26.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
BASF India Ltd is a subsidiary of BASF SE, a global chemical company headquartered in Ludwigshafen, Germany. The company operates in the chemical industry, providing a wide range of products and solutions. BASF India Ltd offers products across various segments, including chemicals, plastics, performance products, functional solutions, agricultural solutions, and oil & gas. The company is known for its innovative solutions that cater to diverse industries such as automotive, construction, agriculture, and consumer goods. BASF India Ltd has a strong presence in the Indian market, supported by manufacturing sites, research centers, and sales offices across the country. As of the latest information available, any recent major developments specific to BASF India Ltd are not detailed in the provided dataset.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), BASF India Ltd reported a total income of ₹3777.79 crores. This represents a decrease of 11.4% from the previous quarter (Q2FY25), where the total income stood at ₹4266.08 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), there is a year-over-year increase of 12.7%, from ₹3352.77 crores. This indicates fluctuations in revenue across different quarters, with a notable increase when viewed on an annual basis.
Profitability
For Q3FY25, the company recorded a profit before tax (PBT) of ₹137.71 crores, which is a decline of 19.6% from the previous quarter's PBT of ₹171.19 crores. There is also a significant year-over-year decrease of 26.5% compared to Q3FY24, where the PBT was ₹187.40 crores. The tax expense for Q3FY25 was ₹34.16 crores, showing a decrease of 21.0% from Q2FY25 and a 27.8% decrease from Q3FY24. Consequently, the profit after tax (PAT) for Q3FY25 was ₹103.55 crores, down from ₹127.93 crores in Q2FY25 and ₹140.06 crores in Q3FY24. Earnings per share (EPS) in Q3FY25 was ₹23.90, reflecting reductions of 19.3% QoQ and 26.0% YoY.
Operating Metrics
BASF India Ltd experienced a reduction in total expenses in Q3FY25, amounting to ₹3640.08 crores, which is an 11.1% decrease from the previous quarter's expenses of ₹4094.89 crores. However, there is a 15.0% increase in total expenses when compared to Q3FY24, where the expenses were ₹3165.37 crores. The decrease in quarterly expenses aligns with the reduction in total income for the same period, while the annual increase in expenses correlates with the rise in total income from the previous year. These figures outline the company's operational adjustments and cost management over different periods.
