IFB Industries Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- IFB Industries Ltd reported a 3.4% 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 9.0%.
- Its expenses for the quarter were up by 3.5% QoQ and 8.1% YoY.
- The net profit decreased 1.0% QoQ and increased 78.2% YoY.
- The earnings per share (EPS) of IFB Industries Ltd stood at 7.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1273.57 | 1232.06 | 1167.90 | 3.4% | 9.0% |
Total Expenses | 1225.74 | 1183.85 | 1134.08 | 3.5% | 8.1% |
Profit Before Tax | 47.83 | 48.21 | 33.82 | -0.8% | 41.4% |
Tax | 11.02 | 11.88 | 8.83 | -7.2% | 24.8% |
Profit After Tax | 31.09 | 31.41 | 17.45 | -1.0% | 78.2% |
Earnings Per Share | 7.70 | 7.80 | 4.30 | -1.3% | 79.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
IFB Industries Ltd is a prominent company engaged in the manufacturing and marketing of home appliances and fine blanking components. The company is well-known for its diverse range of products, including washing machines, microwave ovens, and other kitchen appliances, with a significant presence in the Indian market. IFB Industries operates within the consumer durables sector, providing innovative solutions designed to enhance the quality of household chores and lifestyle. Although specific recent developments are not detailed in the provided data, the company is generally recognized for its consistent efforts in product innovation and market expansion.
Revenue
In Q3FY25, IFB Industries Ltd reported a total income of ₹1273.57 crores, which marks a 3.4% increase from the previous quarter (Q2FY25) where it stood at ₹1232.06 crores. On a year-over-year basis, the total income has increased by 9.0% compared to the ₹1167.90 crores reported in Q3FY24. These figures reflect the company's ability to generate higher revenue over time. The rise in total income over both the quarter and year demonstrates the company's growth trajectory in terms of sales and other revenue streams.
Profitability
The company's profitability metrics for Q3FY25 show a profit before tax (PBT) of ₹47.83 crores, slightly lower by 0.8% than the ₹48.21 crores reported in Q2FY25. However, this represents a substantial 41.4% increase from the ₹33.82 crores recorded in Q3FY24. Profit after tax (PAT) for Q3FY25 was ₹31.09 crores, a marginal decrease of 1.0% from the previous quarter's ₹31.41 crores, yet a significant rise of 78.2% year-over-year from ₹17.45 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 was ₹7.70, a slight decrease from ₹7.80 in Q2FY25 but an increase of 79.1% from ₹4.30 in Q3FY24. These figures illustrate the company's ability to improve its profitability over the year despite a slight dip in quarterly performance.
Operating Metrics
The total expenses for IFB Industries Ltd in Q3FY25 were ₹1225.74 crores, reflecting a 3.5% increase from ₹1183.85 crores in Q2FY25 and an 8.1% increase from ₹1134.08 crores in Q3FY24. The company's tax expenses in Q3FY25 amounted to ₹11.02 crores, showing a decrease of 7.2% from ₹11.88 crores in Q2FY25, yet a 24.8% increase from ₹8.83 crores in Q3FY24. These operating metrics indicate changes in cost management and tax obligations over the analyzed periods. The observed financial trends in expenses and tax liabilities are crucial for understanding the operational efficiency and fiscal responsibilities of IFB Industries Ltd.
