Kanpur Plastipack Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Kanpur Plastipack Ltd reported a 6.8% 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 30.2%.
- Its expenses for the quarter were up by 2.2% QoQ and 15.1% YoY.
- The net profit increased 371.1% QoQ and decreased 215.7% YoY.
- The earnings per share (EPS) of Kanpur Plastipack Ltd stood at 3.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 164.01 | 153.61 | 125.96 | 6.8% | 30.2% |
Total Expenses | 154.39 | 151.11 | 134.13 | 2.2% | 15.1% |
Profit Before Tax | 9.62 | 2.50 | -8.18 | 284.8% | -217.6% |
Tax | 1.80 | 0.84 | -1.42 | 114.3% | -226.8% |
Profit After Tax | 7.82 | 1.66 | -6.76 | 371.1% | -215.7% |
Earnings Per Share | 3.40 | 0.80 | -3.10 | 325.0% | -209.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kanpur Plastipack Ltd is a company engaged in the manufacturing sector, focusing primarily on the production of plastic-based packaging solutions. The organization operates within the packaging industry, which serves various sectors by providing flexible packaging solutions. While detailed information about recent major developments in the company is not specified in the data provided, the company is generally known for its commitment to innovation and quality in packaging solutions. As of the latest financial period, the company continues to enhance its product offerings to cater to a diverse clientele.
Revenue
In Q3FY25, Kanpur Plastipack Ltd reported a total income of ₹164.01 crores. This marks a quarter-over-quarter (QoQ) increase of 6.8% from ₹153.61 crores in Q2FY25. The year-over-year (YoY) growth is more pronounced, with a 30.2% increase from ₹125.96 crores in Q3FY24. The significant YoY increase in total income reflects the company's ability to generate higher revenue compared to the same period in the previous year.
Profitability
The company achieved a considerable improvement in profitability in Q3FY25, with a Profit Before Tax of ₹9.62 crores. This is a substantial increase from ₹2.50 crores in Q2FY25, reflecting a QoQ growth of 284.8%. Compared to Q3FY24, where a loss before tax of ₹8.18 crores was recorded, the YoY performance shows a remarkable turnaround. The Profit After Tax also followed this positive trajectory, reaching ₹7.82 crores in Q3FY25, compared to ₹1.66 crores in Q2FY25 and a loss of ₹6.76 crores in Q3FY24. Earnings Per Share (EPS) also improved significantly, rising to ₹3.40 in Q3FY25 from ₹0.80 in the previous quarter and reversing from a negative ₹3.10 in Q3FY24.
Operating Metrics
Total expenses for Kanpur Plastipack Ltd in Q3FY25 amounted to ₹154.39 crores, showing a modest increase of 2.2% from ₹151.11 crores in Q2FY25. Year-over-year, expenses increased by 15.1% from ₹134.13 crores in Q3FY24. The tax expense for the quarter was ₹1.80 crores, which is higher than the ₹0.84 crores in Q2FY25 and a reversal from a negative tax figure in Q3FY24. This data indicates that the operating expenses have risen both on a quarterly and yearly basis, but the overall revenue growth has outpaced the increase in expenses, contributing to improved profitability.
