NOCIL Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- NOCIL Ltd reported a 11.8% 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 decline of 5.6%.
- Its expenses for the quarter were down by 9.1% QoQ and up 0.8% YoY.
- The net profit decreased 69.4% QoQ and decreased 57.0% YoY.
- The earnings per share (EPS) of NOCIL Ltd stood at 0.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 327.21 | 371.11 | 346.45 | -11.8% | -5.6% |
Total Expenses | 308.12 | 338.78 | 305.76 | -9.1% | 0.8% |
Profit Before Tax | 19.09 | 32.33 | 40.69 | -41.0% | -53.1% |
Tax | 6.19 | -9.80 | 10.69 | -163.2% | -42.1% |
Profit After Tax | 12.90 | 42.13 | 30.00 | -69.4% | -57.0% |
Earnings Per Share | 0.80 | 2.50 | 1.80 | -68.0% | -55.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
NOCIL Ltd, a leading company in the chemical industry, is primarily engaged in the manufacturing and sale of rubber chemicals. The company has a significant presence in the rubber chemicals market, serving diverse sectors such as automotive, industrial products, and consumer goods. NOCIL Ltd is known for its extensive product portfolio, which includes various types of rubber chemicals essential for the manufacturing of rubber products. As of recent developments, there is no specific information provided regarding any major corporate changes, acquisitions, or expansions for NOCIL Ltd. Therefore, the focus remains on its core operations within the rubber chemicals industry.
Revenue
In the third quarter of the fiscal year 2025, NOCIL Ltd reported a total income of ₹327.21 crores. This represents a decrease from the previous quarter (Q2FY25), which had a total income of ₹371.11 crores, marking an 11.8% decline quarter-over-quarter. When compared to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹346.45 crores, there is a 5.6% year-over-year decline. This data reflects changes in the revenue generation of the company over the respective periods, indicating fluctuations in sales or other income sources within the specified timeframe.
Profitability
The profitability of NOCIL Ltd during Q3FY25 was markedly lower compared to previous periods. The profit before tax stood at ₹19.09 crores, a significant drop from ₹32.33 crores in Q2FY25, which translates to a 41.0% decrease quarter-over-quarter. When compared to Q3FY24, where the profit before tax was ₹40.69 crores, there is a 53.1% decline year-over-year. The profit after tax also saw a sharp decrease, with Q3FY25 reporting ₹12.90 crores, down from ₹42.13 crores in the previous quarter, representing a 69.4% decrease. Year-over-year, this figure fell by 57.0% from ₹30.00 crores in Q3FY24. The earnings per share followed a similar trend, dropping from ₹2.50 in Q2FY25 to ₹0.80 in Q3FY25, and from ₹1.80 in Q3FY24, which corresponds to decreases of 68.0% and 55.6%, respectively.
Operating Metrics
The total expenses for NOCIL Ltd during Q3FY25 were reported at ₹308.12 crores, a reduction from ₹338.78 crores in Q2FY25, indicating a 9.1% decrease quarter-over-quarter. However, when compared to Q3FY24, where total expenses were ₹305.76 crores, there was a slight increase of 0.8% year-over-year. The tax expenses for Q3FY25 amounted to ₹6.19 crores, which contrasts with a tax refund of ₹9.80 crores in the previous quarter. Compared to Q3FY24, where the tax expense was ₹10.69 crores, there was a decrease of 42.1%. The shifts in total expenses and tax liabilities provide insights into the operational cost dynamics and fiscal adjustments over the quarters.
