Jindal Poly Films Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Jindal Poly Films Ltd reported a 12.8% 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 growth of 23.9%.
- Its expenses for the quarter were down by 7.7% QoQ and up 14.9% YoY.
- The net profit decreased 96.5% QoQ and decreased 121.2% YoY.
- The earnings per share (EPS) of Jindal Poly Films Ltd stood at 0.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1378.48 | 1580.63 | 1113.01 | -12.8% | 23.9% |
Total Expenses | 1332.42 | 1444.09 | 1159.19 | -7.7% | 14.9% |
Profit Before Tax | 46.05 | 136.54 | -46.18 | -66.3% | -199.7% |
Tax | 41.95 | 19.93 | -26.95 | 110.5% | -255.7% |
Profit After Tax | 4.11 | 116.61 | -19.43 | -96.5% | -121.2% |
Earnings Per Share | 0.90 | 26.60 | -4.40 | -96.6% | -120.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jindal Poly Films Ltd is a prominent player in the packaging industry, primarily known for manufacturing and distributing a wide range of poly films. These films are extensively used in packaging applications across various sectors, including consumer goods, pharmaceuticals, and industrial uses. The company is recognized for its innovation in packaging solutions and has a robust presence both in domestic and international markets. While specific recent developments are not provided in the data, the company is generally involved in continuous improvement and expansion activities to enhance its market position and product offerings.
Revenue
During Q3FY25, Jindal Poly Films Ltd reported a total income of ₹1,378.48 crores, reflecting a decrease of 12.8% compared to the previous quarter (Q2FY25), which was ₹1,580.63 crores. However, there was a significant increase of 23.9% when compared to the same quarter in the previous year (Q3FY24), where the total income stood at ₹1,113.01 crores. This year-over-year growth indicates an upward trend in revenue generation, although the quarter-over-quarter decline suggests some volatility in revenue performance within the fiscal year.
Profitability
The company's profitability metrics for Q3FY25 show some challenges. The profit before tax was ₹46.05 crores, marking a substantial decrease of 66.3% from Q2FY25's ₹136.54 crores. Compared to Q3FY24, where the company experienced a loss before tax of ₹46.18 crores, there is a notable improvement. The profit after tax for this quarter was ₹4.11 crores, a dramatic drop of 96.5% from the previous quarter's ₹116.61 crores. However, it is an improvement over Q3FY24, where a loss of ₹19.43 crores was recorded. This mixed performance is further reflected in the earnings per share, which was ₹0.90 in Q3FY25, down from ₹26.60 in Q2FY25, yet better than the negative ₹4.40 in Q3FY24.
Operating Metrics
In Q3FY25, Jindal Poly Films Ltd's total expenses were ₹1,332.42 crores, which is a decrease of 7.7% from the previous quarter's ₹1,444.09 crores. Compared to Q3FY24, where total expenses were ₹1,159.19 crores, there was an increase of 14.9%. The tax expense for Q3FY25 was ₹41.95 crores, showing a significant increase of 110.5% quarter-over-quarter and a notable change from a tax credit of ₹26.95 crores in Q3FY24. Despite the challenges in profitability, the reduction in total expenses quarter-over-quarter suggests efforts in cost management. The earnings per share also reflect the company's financial performance trends, registering at ₹0.90 for Q3FY25, a decrease from the previous quarter but an improvement year-over-year.
