Megastar Foods Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Megastar Foods Ltd reported a 3.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 27.8%.
- Its expenses for the quarter were down by 93.9% QoQ and 92.4% YoY.
- The net profit decreased 71.9% QoQ and decreased 66.9% YoY.
- The earnings per share (EPS) of Megastar Foods Ltd stood at 0.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 92.81 | 90.06 | 72.64 | 3.1% | 27.8% |
Total Expenses | 5.40 | 87.93 | 70.99 | -93.9% | -92.4% |
Profit Before Tax | 0.61 | 2.12 | 1.64 | -71.2% | -62.8% |
Tax | 0.16 | 0.52 | 0.28 | -69.2% | -42.9% |
Profit After Tax | 0.45 | 1.60 | 1.36 | -71.9% | -66.9% |
Earnings Per Share | 0.40 | 1.40 | 1.40 | -71.4% | -71.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Megastar Foods Ltd is a company operating within the food industry, with a primary focus on the production and distribution of food products. As of the latest available information, specific details regarding their main products or services are not provided. Any recent major developments within the company are also not outlined in the available data. It is important to rely on the company's published reports or market communications for comprehensive insights into their operations and strategic directions. The company continues to function within its industry, providing food-related products and services.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Megastar Foods Ltd reported a total income of ₹92.81 crores. This marks a 3.1% increase from the previous quarter (Q2FY25), where the total income was ₹90.06 crores. When compared to the same quarter in the previous fiscal year (Q3FY24), which recorded a total income of ₹72.64 crores, there is a significant year-over-year growth of 27.8%. This growth indicates the company's upward trajectory in generating revenue over both the quarter and the year.
Profitability
The company's profitability metrics for Q3FY25 show a reduction compared to both the previous quarter and the same quarter in the previous year. Profit Before Tax (PBT) stood at ₹0.61 crores, marking a 71.2% decrease from Q2FY25's ₹2.12 crores, and a 62.8% decrease from Q3FY24's ₹1.64 crores. The tax expense for the quarter was ₹0.16 crores, a decrease of 69.2% from the previous quarter and 42.9% from the same quarter last year. Consequently, the Profit After Tax (PAT) in Q3FY25 was ₹0.45 crores, which represents a 71.9% decline quarter-over-quarter and a 66.9% decline year-over-year. Earnings Per Share (EPS) also fell significantly, with a reported ₹0.40 in Q3FY25 compared to ₹1.40 in both Q2FY25 and Q3FY24, reflecting a 71.4% decrease.
Operating Metrics
The financial data for Megastar Foods Ltd in Q3FY25 presents a noteworthy anomaly in total expenses, recorded at ₹5.40 crores. This is a substantial drop of 93.9% from the previous quarter's ₹87.93 crores and a 92.4% decrease from Q3FY24's ₹70.99 crores. Such a drastic decline in expenses could be indicative of significant operational changes or adjustments made during the quarter. While the data does not provide explicit reasons for this reduction, it is an important metric that stands out in the company's financial performance for the period. Further analysis or details would be required to fully understand the underlying causes of this drop in expenses.
