Mayur Uniquoters Ltd's Q3FY25 Quarter Results
- 2d ago
Result Summary
- Mayur Uniquoters Ltd reported a 5.1% 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 12.9%.
- Its expenses for the quarter were down by 1.9% QoQ and up 12.1% YoY.
- The net profit decreased 23.3% QoQ and increased 12.0% YoY.
- The earnings per share (EPS) of Mayur Uniquoters Ltd stood at 7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 211.62 | 223.09 | 187.41 | -5.1% | 12.9% |
Total Expenses | 169.22 | 172.53 | 150.95 | -1.9% | 12.1% |
Profit Before Tax | 42.40 | 50.56 | 36.45 | -16.1% | 16.3% |
Tax | 11.83 | 10.72 | 9.16 | 10.4% | 29.1% |
Profit After Tax | 30.57 | 39.84 | 27.30 | -23.3% | 12.0% |
Earnings Per Share | 7.00 | 9.10 | 6.20 | -23.1% | 12.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Mayur Uniquoters Ltd is a leading manufacturer in the synthetic leather industry, primarily focusing on the production of artificial leather using a dry and wet process manufacturing system. The company caters to several sectors including automotive, footwear, furniture, and fashion accessories, offering a wide range of products that are utilized in various applications. As of the latest data, there have been no significant recent developments publicly disclosed. The company operates in a competitive market where innovation and quality are key drivers of success. Despite the challenges faced in the synthetic leather industry, Mayur Uniquoters Ltd continues to focus on expanding its product portfolio and maintaining a robust manufacturing capacity.
Revenue
In Q3FY25, Mayur Uniquoters Ltd reported a total income of ₹211.62 crores, marking a decrease from the previous quarter (Q2FY25) where it stood at ₹223.09 crores, reflecting a quarter-over-quarter (QoQ) decline of 5.1%. However, when compared to the same quarter in the previous year (Q3FY24), the total income increased from ₹187.41 crores, representing a year-over-year (YoY) growth of 12.9%. This demonstrates a positive annual growth trajectory despite the recent quarterly dip. The YoY growth suggests an upward trend in revenue generation over the past year, supported by the company's strategic initiatives in expanding its market presence and possibly diversifying its product offerings in response to market demand.
Profitability
Mayur Uniquoters Ltd's profitability in Q3FY25 witnessed a decline when compared to the previous quarter. The Profit Before Tax (PBT) for this quarter was ₹42.40 crores, down from ₹50.56 crores in Q2FY25, showing a significant QoQ reduction of 16.1%. Despite this quarterly downturn, there was a YoY increase from ₹36.45 crores in Q3FY24, resulting in a 16.3% rise. The Profit After Tax (PAT) followed a similar pattern, decreasing QoQ by 23.3% to ₹30.57 crores from ₹39.84 crores in Q2FY25, but showing a 12.0% YoY increase from ₹27.30 crores in Q3FY24. Earnings Per Share (EPS) also decreased QoQ from ₹9.10 to ₹7.00, yet increased YoY from ₹6.20, reflecting the overall profitability trends.
Operating Metrics
The total expenses for Mayur Uniquoters Ltd in Q3FY25 amounted to ₹169.22 crores, slightly down from ₹172.53 crores in Q2FY25, indicating a QoQ decline of 1.9%. Compared to Q3FY24, expenses rose from ₹150.95 crores, marking a YoY increase of 12.1%. The tax expense for Q3FY25 was ₹11.83 crores, which increased both QoQ by 10.4% from ₹10.72 crores in Q2FY25 and YoY by 29.1% from ₹9.16 crores in Q3FY24. These operating metrics provide insights into the company's cost management and tax obligations over the observed periods. The data reflects the company's operational adjustments and tax strategies, which are crucial for maintaining financial health and supporting its growth objectives.
