Flexituff Ventures International Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Flexituff Ventures International Ltd reported a 25.7% 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 57.3%.
- Its expenses for the quarter were down by 36.7% QoQ and 63.2% YoY.
- The net profit increased 31.1% QoQ and decreased 71.1% YoY.
- The earnings per share (EPS) of Flexituff Ventures International Ltd declined at 5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 63.56 | 85.54 | 148.98 | -25.7% | -57.3% |
Total Expenses | 78.99 | 124.75 | 214.38 | -36.7% | -63.2% |
Profit Before Tax | -15.44 | -39.21 | -65.41 | -60.6% | -76.4% |
Tax | 0.31 | -27.20 | -11.04 | -101.1% | -102.8% |
Profit After Tax | -15.74 | -12.01 | -54.37 | 31.1% | -71.1% |
Earnings Per Share | -5.00 | -3.90 | -18.20 | 28.2% | -72.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Flexituff Ventures International Ltd is a company operating within the industrial sector, primarily focused on producing packaging solutions and technical textiles. The company caters to a wide range of industries, including agriculture, retail, and infrastructure, providing products such as flexible intermediate bulk containers (FIBCs), geotextiles, and various polymer-based products. As of the latest available data, there have been no notable public developments or strategic changes announced by the company. Further, specific recent activities or changes in their business operations were not detailed in the data provided, leaving some uncertainty about any strategic shifts or expansions undertaken by the company.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Flexituff Ventures International Ltd reported a total income of ₹63.56 crores. This represents a significant quarter-over-quarter (QoQ) decrease of 25.7% compared to the previous quarter (Q2FY25), where the income was ₹85.54 crores. When compared to the same quarter in the previous year (Q3FY24), the total income exhibited a substantial year-over-year (YoY) decline of 57.3%, falling from ₹148.98 crores. This trend highlights a notable decrease in revenue generation over both the quarterly and annual periods, indicating a significant contraction in the company's income stream during this timeframe.
Profitability
The company recorded a profit before tax (PBT) of -₹15.44 crores for Q3FY25, reflecting a marked improvement of 60.6% QoQ from a PBT of -₹39.21 crores in Q2FY25. On a YoY basis, the PBT improved by 76.4% from -₹65.41 crores in Q3FY24. Despite the reduction in losses before tax, the profit after tax (PAT) for Q3FY25 was -₹15.74 crores, which, while being an improvement from the -₹54.37 crores recorded in Q3FY24, represents a 31.1% decline QoQ from -₹12.01 crores in Q2FY25. The earnings per share (EPS) followed a similar pattern, recorded at -₹5.00 in Q3FY25, displaying a 28.2% decline QoQ from -₹3.90 in Q2FY25, but a YoY improvement from -₹18.20 in Q3FY24.
Operating Metrics
The operating expenses for Flexituff Ventures International Ltd in Q3FY25 were ₹78.99 crores, representing a decline of 36.7% QoQ from ₹124.75 crores in Q2FY25. Compared to Q3FY24, the operating expenses decreased by 63.2% from ₹214.38 crores. The tax expense in Q3FY25 was recorded as ₹0.31 crores, shifting from a tax credit of -₹27.20 crores in Q2FY25 and a tax credit of -₹11.04 crores in Q3FY24, marking a significant change in tax liabilities. The financial data indicates fluctuations in operating costs and tax expenses, which directly influenced profitability and net earnings reported by the company for this quarter.
