Mawana Sugars Ltd's Q3FY25 Quarter Results
- 09 Feb 2025
Result Summary
- Mawana Sugars Ltd reported a 11.9% 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 3.4%.
- Its expenses for the quarter were down by 23.0% QoQ and up 6.1% YoY.
- The net profit decreased 459.1% QoQ and increased 311.8% YoY.
- The earnings per share (EPS) of Mawana Sugars Ltd stood at 18.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 337.39 | 382.93 | 326.43 | -11.9% | 3.4% |
Total Expenses | 315.43 | 409.47 | 297.27 | -23.0% | 6.1% |
Profit Before Tax | 83.24 | -26.54 | 29.10 | -413.6% | 186.0% |
Tax | 10.73 | -6.35 | 11.49 | -269.0% | -6.6% |
Profit After Tax | 72.51 | -20.19 | 17.61 | -459.1% | 311.8% |
Earnings Per Share | 18.50 | -5.20 | 4.50 | -455.8% | 311.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Mawana Sugars Ltd is a company primarily engaged in the production and sale of sugar and related products. The company operates within the sugar industry, which is a significant sector in India given the country's large agricultural base and consumption demand. The industry often experiences fluctuations due to factors such as government policies, weather conditions affecting sugarcane harvests, and global sugar prices. As of the latest quarter, no specific recent major developments were provided for Mawana Sugars Ltd. It is important to note that any additional information about strategic initiatives, acquisitions, or industry-specific challenges is not available in the current dataset.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Mawana Sugars Ltd reported a total income of ₹337.39 crores. This represents a decrease of 11.9% compared to the previous quarter (Q2FY25), where the total income was ₹382.93 crores. However, when compared to the same quarter of the previous year (Q3FY24), there was an increase of 3.4%, as the total income then was ₹326.43 crores. These figures illustrate the company's revenue performance over the specified periods, highlighting both quarterly fluctuations and annual growth.
Profitability
Mawana Sugars Ltd demonstrated significant changes in its profitability during Q3FY25. The profit before tax for this quarter was ₹83.24 crores, a substantial turnaround from a loss of ₹26.54 crores in Q2FY25. This marks a remarkable improvement of 413.6% quarter-over-quarter. Year-over-year, the profit before tax also increased by 186.0% from ₹29.10 crores in Q3FY24. The profit after tax followed a similar trend, rising to ₹72.51 crores in Q3FY25 from a loss of ₹20.19 crores in Q2FY25, which is a 459.1% increase. Compared to the previous year’s third quarter, the profit after tax grew by 311.8% from ₹17.61 crores. Earnings per share (EPS) for Q3FY25 were ₹18.50, improving from a negative ₹5.20 in Q2FY25 and from ₹4.50 in Q3FY24. These profitability metrics show significant improvements both sequentially and annually.
Operating Metrics
The total expenses for Mawana Sugars Ltd in Q3FY25 amounted to ₹315.43 crores, a decrease of 23.0% from Q2FY25's ₹409.47 crores. Compared to Q3FY24, where expenses were ₹297.27 crores, there was an increase of 6.1%. Tax expenses in Q3FY25 were ₹10.73 crores, contrasting with a tax credit of ₹6.35 crores in Q2FY25, reflecting a quarter-over-quarter change of 269.0%. Year-over-year, the tax expense saw a slight decline of 6.6% from ₹11.49 crores in Q3FY24. These operating metrics highlight the changes in the company's expenditure and tax liabilities over the given periods, providing insight into the operational efficiency and cost management strategies.
