Hindcon Chemicals Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- Hindcon Chemicals 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 17.5%.
- Its expenses for the quarter were up by 10.4% QoQ and 15.6% YoY.
- The net profit increased 136.2% QoQ and increased 35.6% YoY.
- The earnings per share (EPS) of Hindcon Chemicals Ltd stood at 0.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 16.13 | 13.70 | 13.73 | 17.7% | 17.5% |
Total Expenses | 14.27 | 12.93 | 12.34 | 10.4% | 15.6% |
Profit Before Tax | 1.86 | 0.77 | 1.39 | 141.6% | 33.8% |
Tax | 0.48 | 0.18 | 0.38 | 166.7% | 26.3% |
Profit After Tax | 1.37 | 0.58 | 1.01 | 136.2% | 35.6% |
Earnings Per Share | 0.30 | 0.20 | 0.30 | 50.0% | 0.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Hindcon Chemicals Ltd is a company operating within the chemical industry, primarily focusing on the production and distribution of specialty chemicals. These chemicals are typically utilized in the construction sector for purposes such as concrete modification, waterproofing, and repair. The company specializes in a range of products that include concrete admixtures, waterproofing systems, and repair mortars. These products are crucial for enhancing the performance and longevity of constructions and infrastructure projects. As of the latest available information, there are no specific recent major developments or significant changes noted about Hindcon Chemicals Ltd.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Hindcon Chemicals Ltd achieved a total income of ₹16.13 crores. This figure represents a quarter-over-quarter (QoQ) increase of 17.7% from ₹13.70 crores in Q2FY25 and a year-over-year (YoY) increase of 17.5% from ₹13.73 crores in Q3FY24. Such growth in revenues indicates a positive trend over both the quarterly and annual comparisons. This increase in total income suggests an upward trajectory in the company's revenue generation capabilities during this period.
Profitability
For the third quarter of fiscal year 2025, Hindcon Chemicals Ltd reported a profit before tax of ₹1.86 crores, showing a substantial QoQ increase of 141.6% from ₹0.77 crores in Q2FY25 and a YoY increase of 33.8% from ₹1.39 crores in Q3FY24. The tax expense for the quarter stood at ₹0.48 crores, marking a QoQ increase of 166.7% from ₹0.18 crores in Q2FY25 and a YoY increase of 26.3% from ₹0.38 crores in Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹1.37 crores, reflecting a 136.2% QoQ increase from ₹0.58 crores in Q2FY25 and a 35.6% YoY increase from ₹1.01 crores in Q3FY24. The earnings per share remained stable at ₹0.30 compared to the same quarter in the previous year but saw a 50.0% QoQ increase from ₹0.20 in the preceding quarter.
Operating Metrics
Total expenses for Hindcon Chemicals Ltd in Q3FY25 were ₹14.27 crores, which represents a QoQ increase of 10.4% from ₹12.93 crores in Q2FY25 and a YoY increase of 15.6% from ₹12.34 crores in Q3FY24. The notable increase in both total income and expenses suggests robust operational activity during this period. Despite the increase in expenses, the company experienced significant improvements in its profit margins, as evidenced by the higher profit before and after tax figures. This indicates effective cost management and operational efficiencies that have contributed to the enhanced profitability metrics observed in the quarter.
