MMP Industries Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- MMP Industries Ltd reported a 16.1% 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 19.7%.
- Its expenses for the quarter were up by 13.3% QoQ and 19.0% YoY.
- The net profit increased 86.1% QoQ and increased 21.5% YoY.
- The earnings per share (EPS) of MMP Industries Ltd stood at 4.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 168.75 | 145.41 | 141.02 | 16.1% | 19.7% |
Total Expenses | 156.93 | 138.45 | 131.82 | 13.3% | 19.0% |
Profit Before Tax | 11.82 | 6.96 | 9.19 | 69.8% | 28.6% |
Tax | 3.03 | 2.38 | 2.33 | 27.3% | 30.0% |
Profit After Tax | 10.85 | 5.83 | 8.93 | 86.1% | 21.5% |
Earnings Per Share | 4.30 | 2.30 | 3.50 | 87.0% | 22.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
MMP Industries Ltd is a company engaged in the manufacturing and distribution of products in the industrial sector. This includes offerings such as aluminum powders, pastes, and foils, primarily catering to industries like explosives, fireworks, and automotive components. The company operates within the industrial manufacturing industry, which is characterized by its cyclical nature and reliance on industrial demand. Although specific recent developments about MMP Industries Ltd are not available from the provided data, the company's ongoing performance can be assessed through its financial metrics, reflecting its current operational and financial health.
Revenue
During the third quarter of the fiscal year 2025, MMP Industries Ltd reported a total income of ₹168.75 crores. This represents a quarter-over-quarter (QoQ) increase of 16.1% from the ₹145.41 crores reported in the previous quarter, Q2FY25, and a year-over-year (YoY) increase of 19.7% compared to the ₹141.02 crores recorded in Q3FY24. Such growth in total income suggests an upward trajectory in the company's revenue generation capabilities over the past year. The consistent increase in revenue can be attributed to the company's strategies and market demand, as indicated by the significant YoY and QoQ growth percentages.
Profitability
In Q3FY25, MMP Industries Ltd's profit before tax (PBT) stood at ₹11.82 crores, marking a significant QoQ rise of 69.8% from ₹6.96 crores in Q2FY25 and a YoY increase of 28.6% compared to ₹9.19 crores in Q3FY24. The tax expense for the quarter was ₹3.03 crores, which was 27.3% higher than the previous quarter and 30.0% higher than the same quarter last year. The net result was a profit after tax (PAT) of ₹10.85 crores, showcasing an 86.1% QoQ increase from ₹5.83 crores and a 21.5% YoY increase from ₹8.93 crores. Earnings per share (EPS) also grew to ₹4.30, reflecting a substantial QoQ increase of 87.0% and a YoY increase of 22.9%. These figures demonstrate a period of robust profitability for the company, driven by revenue growth outpacing expense increases.
Operating Metrics
The company's total expenses for Q3FY25 were reported at ₹156.93 crores, which is a 13.3% increase from the previous quarter and a 19.0% increase from the same period last year. This rise in expenses is indicative of operational scaling or increased input costs. Despite the growth in expenses, the company maintained a positive profit margin, as evidenced by the profit before tax margin increase. These operational metrics reflect the company's capacity to manage its costs while expanding its revenue base, leading to the enhancement of its profitability margins over the observed periods.
