Gokul Refoils and Solvent Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Gokul Refoils and Solvent Ltd reported a 17.7% 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 25.2%.
- Its expenses for the quarter were up by 18.4% QoQ and 25.5% YoY.
- The net profit decreased 88.7% QoQ and decreased 71.3% YoY.
- The earnings per share (EPS) of Gokul Refoils and Solvent Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1014.14 | 861.40 | 810.20 | 17.7% | 25.2% |
Total Expenses | 1012.65 | 855.01 | 806.91 | 18.4% | 25.5% |
Profit Before Tax | 1.48 | 6.40 | 3.29 | -76.9% | -55.0% |
Tax | 0.90 | 1.25 | 1.27 | -28.0% | -29.1% |
Profit After Tax | 0.58 | 5.14 | 2.02 | -88.7% | -71.3% |
Earnings Per Share | 0.10 | 0.50 | 0.20 | -80.0% | -50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Gokul Refoils and Solvent Ltd is a company primarily engaged in the business of manufacturing and processing edible oils. It operates within the broader agribusiness and food processing industry, focusing on products such as refined oils and other related items. The company has established a presence in the market through its diversified product offerings in the edible oil segment. As of the latest available information, there are no specific recent major developments provided regarding the company's strategic initiatives or changes in its operational scope. The company continues to operate within the competitive landscape of the edible oils industry, which is influenced by factors such as commodity prices and consumer demand trends.
Revenue
In Q3FY25, Gokul Refoils and Solvent Ltd reported a total income of ₹1014.14 crores. This represents a quarter-over-quarter (QoQ) increase of 17.7% compared to ₹861.40 crores in Q2FY25, and a year-over-year (YoY) growth of 25.2% from ₹810.20 crores in Q3FY24. The company's revenue growth signifies an upward trend in its income generation capabilities over the past year. The substantial YoY growth can be attributed to the company's efforts in enhancing its market reach or possibly due to favorable market conditions during the period. The QoQ increase also highlights the company's recent performance in improving its revenue base within a short span.
Profitability
Gokul Refoils and Solvent Ltd's profitability metrics for Q3FY25 present a mixed picture. The profit before tax (PBT) stood at ₹1.48 crores, declining by 76.9% QoQ from ₹6.40 crores in Q2FY25, and showing a 55.0% decrease YoY from ₹3.29 crores in Q3FY24. The tax expense for the quarter was ₹0.90 crores, which saw a reduction of 28.0% QoQ and 29.1% YoY. Consequently, the profit after tax (PAT) for Q3FY25 was recorded at ₹0.58 crores, showcasing a significant decrease of 88.7% QoQ and a 71.3% decline YoY. The earnings per share (EPS) in Q3FY25 was ₹0.10, which fell by 80.0% QoQ and 50.0% YoY. These figures illustrate the challenges faced in maintaining profitability despite an increase in total income.
Operating Metrics
The operational performance of Gokul Refoils and Solvent Ltd in Q3FY25 can be observed through its total expenses, which were ₹1012.65 crores. This marks an 18.4% increase QoQ from ₹855.01 crores in Q2FY25 and a 25.5% rise YoY from ₹806.91 crores in Q3FY24. The escalation in expenses aligns closely with the revenue growth, which may indicate consistent cost management strategies or increased operational activities. Despite the increase in revenue, the elevated expense levels have had a direct impact on the company's profitability metrics. The company's strategy in managing its operational costs relative to its income generation remains a critical factor for its financial health.
