Kohinoor Foods Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Kohinoor Foods Ltd reported a 14.6% 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 13.6%.
- Its expenses for the quarter were up by 14.2% QoQ and 20.0% YoY.
- The net profit increased 9122.2% QoQ and increased 1704.3% YoY.
- The earnings per share (EPS) of Kohinoor Foods Ltd declined at 2.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 20.10 | 23.53 | 23.27 | -14.6% | -13.6% |
Total Expenses | 28.40 | 24.87 | 23.66 | 14.2% | 20.0% |
Profit Before Tax | -8.30 | -0.09 | -0.46 | 9122.2% | 1704.3% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -8.30 | -0.09 | -0.46 | 9122.2% | 1704.3% |
Earnings Per Share | -2.20 | 0.00 | -0.10 | - | 2100.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kohinoor Foods Ltd is a company known for its involvement in the food industry, primarily focusing on the production and distribution of rice, packaged foods, and ready-to-eat meals. The company has a strong presence in both domestic and international markets, offering a range of products under its well-recognized brand name. While specific recent developments regarding Kohinoor Foods Ltd are not mentioned, the company continues to operate within the competitive food sector, catering to a diverse consumer base. The company aims to maintain its standing by leveraging its brand equity and expanding its product offerings.
Revenue
During Q3FY25, Kohinoor Foods Ltd reported a total income of ₹20.10 crores, which shows a decrease compared to both the preceding quarter and the same quarter in the previous fiscal year. Specifically, there's a quarter-over-quarter (QoQ) decline of 14.6% from ₹23.53 crores in Q2FY25, and a year-over-year (YoY) decline of 13.6% from ₹23.27 crores in Q3FY24. This reduction in total income highlights a downward trend in revenue generation over the periods compared. The data indicates that the company faced challenges in maintaining its revenue levels, reflecting broader market dynamics or company-specific factors.
Profitability
Kohinoor Foods Ltd's profitability metrics for Q3FY25 show a negative performance, with the company reporting a loss. The Profit Before Tax (PBT) for Q3FY25 was -₹8.30 crores, a significant increase in loss from the -₹0.09 crores reported in Q2FY25 and -₹0.46 crores in Q3FY24. Both QoQ and YoY percentages exhibit substantial increases in losses, with QoQ at 9122.2% and YoY at 1704.3%. Consequently, the Profit After Tax (PAT) mirrored the PBT figures due to zero tax expenses, resulting in a PAT of -₹8.30 crores for Q3FY25. Additionally, the Earnings Per Share (EPS) was reported at -₹2.20, showing a significant YoY decline of 2100.0% from -₹0.10 in Q3FY24, indicating diminished shareholder returns.
Operating Metrics
In terms of operating metrics, total expenses for Kohinoor Foods Ltd in Q3FY25 amounted to ₹28.40 crores. This reflects a QoQ increase of 14.2% from ₹24.87 crores in Q2FY25 and a YoY increase of 20.0% from ₹23.66 crores in Q3FY24, suggesting a rise in operational costs. These heightened expenses significantly impacted the company's financial performance, contributing to the widened losses. The absence of tax expenses continued through the quarters, indicating either a lack of taxable income or other strategic financial positioning by the company. The noted increase in expenses, coupled with declining revenue, has placed additional pressure on the company's financial health during this period.
