Fineotex Chemical Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Fineotex Chemical Ltd reported a 14.2% 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 8.7%.
- Its expenses for the quarter were down by 15.6% QoQ and 5.4% YoY.
- The net profit decreased 13.2% QoQ and decreased 15.5% YoY.
- The earnings per share (EPS) of Fineotex Chemical Ltd stood at 2.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 130.91 | 152.63 | 143.39 | -14.2% | -8.7% |
Total Expenses | 94.42 | 111.93 | 99.82 | -15.6% | -5.4% |
Profit Before Tax | 36.48 | 40.70 | 43.56 | -10.4% | -16.3% |
Tax | 8.65 | 8.64 | 10.64 | 0.1% | -18.7% |
Profit After Tax | 27.83 | 32.06 | 32.92 | -13.2% | -15.5% |
Earnings Per Share | 2.40 | 2.80 | 3.00 | -14.3% | -20.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Fineotex Chemical Ltd is a company operating in the chemical industry, primarily focused on the production of specialty chemicals. The company offers a wide range of products that are used in various sectors including textiles, construction, water treatment, and adhesives. Fineotex Chemical Ltd has carved a niche for itself within these segments by providing customized solutions to its clients. While specific recent major developments for the company are not immediately available in the provided data, it is a firm engaged in producing high-quality chemical solutions that cater to both domestic and international markets.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Fineotex Chemical Ltd reported a total income of ₹130.91 crores. This represents a decrease from the previous quarter (Q2FY25), where the total income was ₹152.63 crores, reflecting a quarter-over-quarter (QoQ) decline of 14.2%. In comparison to the same quarter of the previous fiscal year (Q3FY24), where the total income was ₹143.39 crores, there is a year-over-year (YoY) decline of 8.7%. This reduction in revenue is an important aspect of the company's financial performance for the quarter under review.
Profitability
During Q3FY25, Fineotex Chemical Ltd recorded a profit before tax of ₹36.48 crores, which is lower than the ₹40.70 crores reported in Q2FY25, indicating a QoQ decrease of 10.4%. Compared to Q3FY24, where the profit before tax was ₹43.56 crores, there is a YoY decline of 16.3%. The profit after tax for Q3FY25 was noted at ₹27.83 crores, down from ₹32.06 crores in Q2FY25 and ₹32.92 crores in Q3FY24, showing a QoQ decrease of 13.2% and a YoY decrease of 15.5%. Earnings per share for Q3FY25 stood at ₹2.40, marking a decline from ₹2.80 in Q2FY25 and ₹3.00 in Q3FY24, representing decreases of 14.3% QoQ and 20.0% YoY.
Operating Metrics
The operating expenses of Fineotex Chemical Ltd for Q3FY25 were ₹94.42 crores, which is a decrease from ₹111.93 crores in Q2FY25, reflecting a QoQ reduction of 15.6%. When compared to Q3FY24, where the expenses were ₹99.82 crores, there is a YoY decrease of 5.4%. The tax expense for Q3FY25 was ₹8.65 crores, slightly up from ₹8.64 crores in Q2FY25, representing a minimal QoQ increase of 0.1%, while it shows a YoY decrease of 18.7% from ₹10.64 crores in Q3FY24. These financial metrics provide insight into the company's operational efficiency and cost management strategies over the periods in question.
