Indo Count Industries Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Indo Count Industries Ltd reported a 11.8% 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 60.6%.
- Its expenses for the quarter were up by 14.4% QoQ and 64.7% YoY.
- The net profit decreased 7.4% QoQ and increased 30.0% YoY.
- The earnings per share (EPS) of Indo Count Industries Ltd stood at 3.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1167.61 | 1044.80 | 727.13 | 11.8% | 60.6% |
Total Expenses | 1068.05 | 934.00 | 648.52 | 14.4% | 64.7% |
Profit Before Tax | 99.55 | 110.79 | 78.61 | -10.1% | 26.6% |
Tax | 24.09 | 29.25 | 20.55 | -17.6% | 17.2% |
Profit After Tax | 75.47 | 81.54 | 58.06 | -7.4% | 30.0% |
Earnings Per Share | 3.80 | 4.10 | 2.90 | -7.3% | 31.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Indo Count Industries Ltd is a prominent player in the textile industry, specializing primarily in the manufacture and export of bed linen and other home textiles. The company has established itself as a leading exporter of bed sheets, pillow covers, and other bedding accessories. With a strong focus on quality and innovation, Indo Count Industries has built a robust presence in both domestic and international markets. While specific recent developments are not detailed in the provided data, the company has historically been engaged in expanding its production capacity and enhancing its product offerings to meet the evolving demands of its global clientele. The company's operations are deeply embedded in the textile sector, which is highly competitive and requires constant adaptation to market trends and consumer preferences.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Indo Count Industries Ltd reported a total income of ₹1167.61 crores. This represents an 11.8% increase compared to the previous quarter (Q2FY25), where the total income was ₹1044.80 crores. Year-over-year, the total income surged by 60.6%, up from ₹727.13 crores in Q3FY24. This significant annual growth reflects the company's enhanced revenue-generating capabilities, possibly due to increased sales volumes or higher product pricing. The robust quarterly and annual revenue growth suggests an upward trajectory in the company's financial performance in terms of income generation.
Profitability
The company recorded a profit before tax of ₹99.55 crores in Q3FY25, which is a decrease of 10.1% from the ₹110.79 crores recorded in Q2FY25. However, on a year-over-year basis, the profit before tax increased by 26.6% from ₹78.61 crores in Q3FY24. After accounting for taxes, the profit after tax stood at ₹75.47 crores for Q3FY25, marking a 7.4% decline from the previous quarter's figure of ₹81.54 crores. Nonetheless, compared to Q3FY24, the profit after tax grew by 30.0% from ₹58.06 crores. The earnings per share (EPS) for Q3FY25 was ₹3.80, showing a decrease of 7.3% from the previous quarter's EPS of ₹4.10, but an increase of 31.0% from ₹2.90 in Q3FY24. This data highlights a mixed profitability performance, with strong year-over-year growth but a decline on a quarterly basis.
Operating Metrics
Total expenses for Indo Count Industries Ltd in Q3FY25 were ₹1068.05 crores, representing a 14.4% increase from Q2FY25's total expenses of ₹934.00 crores. When compared to Q3FY24, total expenses increased by 64.7% from ₹648.52 crores. The tax expense for Q3FY25 was ₹24.09 crores, which is a decrease of 17.6% from Q2FY25's tax expense of ₹29.25 crores, but an increase of 17.2% from ₹20.55 crores in Q3FY24. The data reflects a substantial increase in operating expenses year-over-year, aligning with the revenue growth, but a decrease in tax obligations on a quarterly basis. These metrics are essential in understanding the company's operational efficiency and cost management strategies over the respective periods.
