Kothari Products Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Kothari Products Ltd reported a 9.8% 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 6.1%.
- Its expenses for the quarter were down by 42.1% QoQ and up 0.8% YoY.
- The net profit decreased 108.8% QoQ and increased 19.0% YoY.
- The earnings per share (EPS) of Kothari Products Ltd stood at 3.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 245.42 | 272.05 | 231.28 | -9.8% | 6.1% |
Total Expenses | 229.50 | 396.05 | 227.57 | -42.1% | 0.8% |
Profit Before Tax | 15.92 | -124.00 | 3.71 | -112.8% | 329.1% |
Tax | -0.14 | -0.74 | -0.20 | -81.1% | -30.0% |
Profit After Tax | 10.59 | -120.12 | 8.90 | -108.8% | 19.0% |
Earnings Per Share | 3.50 | -40.30 | 3.00 | -108.7% | 16.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Kothari Products Ltd is a company known for its involvement in the trading sector, with a focus on both domestic and international markets. The company primarily deals in products such as agri-commodities, metals, petroleum products, and chemicals. It has a diversified business portfolio that includes real estate development as well. While specific recent developments for the company are not detailed in this report, Kothari Products Ltd operates within industries that are influenced by global market trends and commodity price fluctuations.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Kothari Products Ltd reported a total income of ₹245.42 crores. This represents a decrease of 9.8% compared to the previous quarter (Q2FY25), where the total income was ₹272.05 crores. However, when considering the year-on-year (YoY) perspective, the total income showed an increase of 6.1% from ₹231.28 crores in Q3FY24. This data indicates variations in revenue generation over the quarters, reflecting the dynamic nature of the company's operational environment.
Profitability
The company experienced a significant improvement in profitability during Q3FY25. Profit Before Tax (PBT) was reported at ₹15.92 crores, a substantial turnaround from a loss of ₹124.00 crores in Q2FY25. When compared to the same quarter of the previous fiscal year (Q3FY24), where PBT was ₹3.71 crores, there is a marked YoY increase of 329.1%. Profit After Tax (PAT) also demonstrated a positive shift, with a figure of ₹10.59 crores in Q3FY25 compared to a loss of ₹120.12 crores in Q2FY25 and a PAT of ₹8.90 crores in Q3FY24, showing a YoY growth of 19.0%. Earnings Per Share (EPS) followed a similar pattern, with Q3FY25 showing ₹3.50, compared to negative figures in the previous quarter, and a YoY increase from ₹3.00 in Q3FY24.
Operating Metrics
Kothari Products Ltd's total expenses for Q3FY25 were ₹229.50 crores, showing a decrease of 42.1% from Q2FY25, where expenses were ₹396.05 crores. This cost reduction is notable when compared to Q3FY24, where expenses were ₹227.57 crores, representing a slight YoY increase of 0.8%. The tax expenses for Q3FY25 were recorded at -₹0.14 crores, demonstrating a significant decrease of 81.1% from the previous quarter and a 30.0% decrease from Q3FY24. These metrics highlight the company's efforts in managing operational efficiencies, reflected in the drastic reduction in quarterly expenses.
