Mallcom (India) Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Mallcom (India) 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 22.2%.
- Its expenses for the quarter were down by 9.1% QoQ and up 20.5% YoY.
- The net profit decreased 10.6% QoQ and increased 32.2% YoY.
- The earnings per share (EPS) of Mallcom (India) Ltd stood at 14.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 118.31 | 131.21 | 96.82 | -9.8% | 22.2% |
Total Expenses | 106.08 | 116.67 | 88.05 | -9.1% | 20.5% |
Profit Before Tax | 12.24 | 14.54 | 8.77 | -15.8% | 39.6% |
Tax | 3.21 | 4.43 | 1.94 | -27.5% | 65.5% |
Profit After Tax | 9.03 | 10.10 | 6.83 | -10.6% | 32.2% |
Earnings Per Share | 14.50 | 16.20 | 10.90 | -10.5% | 33.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Mallcom (India) Ltd is a prominent player in the personal protective equipment (PPE) industry. The company is known for its production and distribution of a wide range of safety gear, including gloves, helmets, safety shoes, and protective garments. Mallcom has established itself as a key supplier in both domestic and international markets. The company has been in the news for its expansion efforts and potential market diversification strategies. However, specific recent developments were not provided in the data available for this report.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Mallcom (India) Ltd recorded a total income of ₹118.31 crores. This marks a decrease of 9.8% compared to the previous quarter (Q2FY25), where the total income was ₹131.21 crores. Despite this quarter-over-quarter decline, the company experienced a significant year-over-year increase in total income, rising by 22.2% from ₹96.82 crores in Q3FY24. These figures suggest that while there was a short-term decline, the company has shown substantial growth compared to the same period in the previous year.
Profitability
Mallcom (India) Ltd's profitability metrics for Q3FY25 reflect a mixed performance. The company's profit before tax (PBT) was ₹12.24 crores, which is a 15.8% decline from the ₹14.54 crores reported in Q2FY25. However, compared to Q3FY24, there is a notable year-over-year increase of 39.6%, where PBT was ₹8.77 crores. After accounting for taxes, the profit after tax (PAT) for Q3FY25 was ₹9.03 crores, down by 10.6% quarter-over-quarter but up by 32.2% year-over-year. The earnings per share (EPS) followed a similar trend, showing a decrease of 10.5% from the previous quarter, settling at ₹14.50, while reflecting a solid year-over-year growth of 33.0% from ₹10.90.
Operating Metrics
The total expenses for Mallcom (India) Ltd in Q3FY25 amounted to ₹106.08 crores, representing a decrease of 9.1% from the previous quarter's expenses of ₹116.67 crores. Year-over-year, there was an increase of 20.5% from ₹88.05 crores in Q3FY24. This change in expenses correlates with the trends observed in revenue and profitability. The company's tax expense reduced significantly by 27.5% quarter-over-quarter, to ₹3.21 crores in Q3FY25 from ₹4.43 crores in Q2FY25. Nonetheless, the tax expense increased by 65.5% year-over-year from ₹1.94 crores in Q3FY24. These operational metrics provide an insight into the company's cost management and tax liabilities over the analyzed periods.
