Indo Borax & Chemicals Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Indo Borax & Chemicals Ltd reported a 1.1% 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 10.8%.
- Its expenses for the quarter were down by 4.0% QoQ and 20.8% YoY.
- The net profit decreased 1.2% QoQ and increased 10.2% YoY.
- The earnings per share (EPS) of Indo Borax & Chemicals Ltd stood at 2.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 41.75 | 42.22 | 46.80 | -1.1% | -10.8% |
Total Expenses | 28.06 | 29.24 | 35.45 | -4.0% | -20.8% |
Profit Before Tax | 13.69 | 12.98 | 11.35 | 5.5% | 20.6% |
Tax | 4.62 | 3.80 | 3.12 | 21.6% | 48.1% |
Profit After Tax | 9.07 | 9.18 | 8.23 | -1.2% | 10.2% |
Earnings Per Share | 2.80 | 2.90 | 2.60 | -3.4% | 7.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Indo Borax & Chemicals Ltd is a company involved in the production and sale of borax and other boron-based chemicals. These products are primarily used in industries such as glass manufacturing, ceramics, agriculture, and pharmaceuticals. The company operates within the chemicals industry, which is known for its cyclical nature and dependence on industrial demand. As of the most recent updates, there are no major disclosed developments or changes in the company's operations or strategic direction. Indo Borax & Chemicals Ltd continues to focus on its core business of providing high-quality boron products to its diverse customer base.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Indo Borax & Chemicals Ltd reported a total income of ₹41.75 crores. This represents a quarter-over-quarter (QoQ) decrease of 1.1% from ₹42.22 crores in the second quarter of the fiscal year 2025 (Q2FY25). Additionally, the year-over-year (YoY) comparison shows a decline of 10.8% from ₹46.80 crores in the third quarter of the fiscal year 2024 (Q3FY24). These figures indicate a reduction in revenue over both the quarterly and annual periods. Total income is a crucial metric for assessing the company's ability to generate sales and maintain its market position within the industry.
Profitability
The company's profitability is highlighted by its profit before tax (PBT) and profit after tax (PAT) figures. For Q3FY25, the PBT was ₹13.69 crores, reflecting a QoQ increase of 5.5% from ₹12.98 crores in Q2FY25, and a YoY increase of 20.6% from ₹11.35 crores in Q3FY24. The tax expense for Q3FY25 was ₹4.62 crores, marking a significant QoQ increase of 21.6% from ₹3.80 crores in Q2FY25 and a 48.1% YoY increase from ₹3.12 crores in Q3FY24. The PAT for Q3FY25 was ₹9.07 crores, slightly down by 1.2% QoQ from ₹9.18 crores in Q2FY25, but up by 10.2% YoY from ₹8.23 crores in Q3FY24. The earnings per share (EPS) was ₹2.80 for Q3FY25, showing a QoQ decline of 3.4% from ₹2.90 in Q2FY25 and a YoY increase of 7.7% from ₹2.60 in Q3FY24. These metrics provide insight into the company's financial health and its ability to manage costs and generate profits.
Operating Metrics
The operating metrics of Indo Borax & Chemicals Ltd can be assessed through its total expenses, which stood at ₹28.06 crores in Q3FY25. This figure represents a QoQ decrease of 4.0% from ₹29.24 crores in Q2FY25 and a more substantial YoY decrease of 20.8% from ₹35.45 crores in Q3FY24. The decrease in total expenses over these periods indicates effective cost management. These expenses are a key component of the company's operations, impacting both profitability and the ability to invest in future growth opportunities. Understanding these changes provides a basis for evaluating the company's operational efficiency and financial management capabilities.
