GRP Ltd's Q3FY25 Quarter Results
- 25 Jan 2025
Result Summary
- GRP Ltd reported a 0.6% 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 20.4%.
- Its expenses for the quarter were down by 1.1% QoQ and up 21.2% YoY.
- The net profit increased 74.5% QoQ and increased 1.6% YoY.
- The earnings per share (EPS) of GRP Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 132.66 | 131.89 | 110.17 | 0.6% | 20.4% |
Total Expenses | 126.61 | 128.00 | 104.46 | -1.1% | 21.2% |
Profit Before Tax | 6.04 | 3.89 | 5.71 | 55.3% | 5.8% |
Tax | 1.66 | 1.39 | 1.40 | 19.4% | 18.6% |
Profit After Tax | 4.38 | 2.51 | 4.31 | 74.5% | 1.6% |
Earnings Per Share | 0.00 | 4.70 | 32.30 | -100.0% | -100.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
GRP Ltd is a company known for its operations in the manufacturing industry. It primarily focuses on producing reclaimed rubber, thermoplastic elastomers, and other related products. The company has positioned itself as a key player within its sector, with a commitment to sustainable practices and innovation in materials. As of the latest updates available, there have not been significant recent developments disclosed publicly concerning the company. However, it continues to maintain its reputation for quality and reliability in its product offerings. Any specific details about new projects or strategic shifts remain undisclosed in the provided data.
Revenue
For the third quarter of fiscal year 2025, GRP Ltd reported a total income of ₹132.66 crores. This marks a marginal increase of 0.6% quarter-over-quarter from ₹131.89 crores in Q2FY25. When compared to the same period in the previous year, Q3FY24, where the total income was ₹110.17 crores, there is a notable year-over-year increase of 20.4%. These figures reflect the company's ability to generate revenue growth both on a sequential and annual basis, indicating a steady inflow of income within this period.
Profitability
GRP Ltd's profitability in Q3FY25 has shown significant improvement, with a profit before tax recorded at ₹6.04 crores, which is a 55.3% increase from the previous quarter's ₹3.89 crores. Year-over-year, the profit before tax has increased by 5.8% from ₹5.71 crores in Q3FY24. After accounting for taxes amounting to ₹1.66 crores, the company achieved a profit after tax of ₹4.38 crores, displaying a robust quarterly growth of 74.5% from ₹2.51 crores in Q2FY25. The year-over-year comparison reveals a modest increase of 1.6% from ₹4.31 crores in Q3FY24. These metrics indicate the company's effective management of expenses and a healthy bottom line for the quarter.
Operating Metrics
The company's total expenses for Q3FY25 stood at ₹126.61 crores, which represents a decrease of 1.1% from ₹128.00 crores in Q2FY25, while showing a 21.2% increase from the ₹104.46 crores reported in Q3FY24. This reduction in quarter-over-quarter expenses reflects potential efficiency improvements or cost-saving measures. The earnings per share (EPS) for the quarter is reported at ₹0.00, which indicates a significant drop from both the ₹4.70 recorded in the previous quarter and ₹32.30 in the same quarter last year. The absence of EPS highlights a divergence from the company's typical earnings performance. These financial metrics provide a detailed view of the company's operational costs and shareholder value during the reporting period.
