Borosil Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Borosil Ltd reported a 25.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 14.3%.
- Its expenses for the quarter were up by 19.2% QoQ and 17.6% YoY.
- The net profit increased 93.7% QoQ and decreased 4.9% YoY.
- The earnings per share (EPS) of Borosil Ltd stood at 3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 354.45 | 283.31 | 310.17 | 25.1% | 14.3% |
Total Expenses | 306.94 | 257.45 | 261.02 | 19.2% | 17.6% |
Profit Before Tax | 47.52 | 25.87 | 49.14 | 83.7% | -3.3% |
Tax | 12.04 | 7.55 | 11.84 | 59.5% | 1.7% |
Profit After Tax | 35.48 | 18.32 | 37.30 | 93.7% | -4.9% |
Earnings Per Share | 3.00 | 1.50 | 3.30 | 100.0% | -9.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Borosil Ltd is a prominent company known for its diverse range of products, primarily in the glassware and laboratory equipment sectors. The company operates within the glass manufacturing industry, focusing on delivering high-quality consumer and scientific glassware products. These include kitchenware, glassware for laboratories, and other related products. Borosil has established itself as a significant player in the market, catering to both domestic and international clients. However, specific recent developments or strategic initiatives undertaken by the company are not available from the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Borosil Ltd reported a total income of ₹354.45 crores. This represents a substantial quarter-over-quarter (QoQ) growth of 25.1% from ₹283.31 crores in Q2FY25. Year-over-year (YoY), the revenue increased by 14.3% compared to ₹310.17 crores in Q3FY24. This growth indicates a significant increase in the company's revenue streams over both the previous quarter and the same quarter in the prior year. The upward trend in revenue showcases the company's ability to generate higher sales or income during this period.
Profitability
Borosil Ltd's profitability metrics for Q3FY25 reveal that the company achieved a Profit Before Tax (PBT) of ₹47.52 crores, marking an impressive QoQ increase of 83.7% from the preceding quarter's ₹25.87 crores. However, compared to Q3FY24, there was a slight decline of 3.3% from ₹49.14 crores. The Profit After Tax (PAT) for the same quarter stood at ₹35.48 crores, showing a remarkable QoQ growth of 93.7% from ₹18.32 crores in Q2FY25, though there was a YoY decrease of 4.9% from ₹37.30 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 was ₹3.00, doubling from ₹1.50 in Q2FY25, but experiencing a YoY decline of 9.1% from ₹3.30 in Q3FY24. The company's tax expense for Q3FY25 was ₹12.04 crores, reflecting a QoQ increase of 59.5% and a slight YoY increase of 1.7%.
Operating Metrics
The analysis of Borosil Ltd's operating metrics for Q3FY25 shows that the company incurred total expenses of ₹306.94 crores, which represents a QoQ rise of 19.2% from ₹257.45 crores in Q2FY25. Year-over-year, the expenses increased by 17.6% from ₹261.02 crores in Q3FY24. This data indicates an increase in the company's operational costs over both the preceding quarter and the corresponding quarter of the previous year. The significant rise in expenses is aligned with the overall increase in total income, suggesting that the company may have expanded its operations or faced higher input costs during the quarter. However, specific details regarding the composition of these expenses are not available from the provided data.
