Oricon Enterprises Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Oricon Enterprises Ltd reported a 7.3% 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 decline of 47.5%.
- Its expenses for the quarter were up by 9.7% QoQ and down 51.9% YoY.
- The net profit decreased 97.5% QoQ and increased 201.9% YoY.
- The earnings per share (EPS) of Oricon Enterprises Ltd stood at 0.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 63.87 | 59.52 | 121.63 | 7.3% | -47.5% |
Total Expenses | 60.15 | 54.83 | 125.17 | 9.7% | -51.9% |
Profit Before Tax | 3.72 | 4.69 | -0.19 | -20.7% | -2057.9% |
Tax | 0.70 | 1.46 | -1.29 | -52.1% | -154.3% |
Profit After Tax | 3.20 | 128.60 | 1.06 | -97.5% | 201.9% |
Earnings Per Share | 0.20 | 8.20 | 0.10 | -97.6% | 100.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Oricon Enterprises Ltd is a diversified company engaged in the business of manufacturing and distribution of petrochemical products, packaging, and real estate. The company operates primarily in India and is part of the industrial sector. Recent developments include a focus on expanding their product offerings and enhancing operational efficiencies. However, specific details regarding any major recent developments are not available from the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Oricon Enterprises Ltd reported a total income of ₹63.87 crores. This represents a 7.3% increase from the previous quarter (Q2FY25), where the total income was ₹59.52 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), there was a significant decline in total income by 47.5%, as it stood at ₹121.63 crores then. This indicates that while there has been a quarter-over-quarter increase, the year-over-year comparison reflects a notable decrease in revenue generation.
Profitability
For Q3FY25, the company recorded a profit before tax of ₹3.72 crores, which is a decrease of 20.7% from Q2FY25's profit before tax of ₹4.69 crores. In contrast, compared to Q3FY24, where the company had a negative profit before tax of ₹0.19 crores, there is a significant improvement. The profit after tax for Q3FY25 was ₹3.20 crores, marking a dramatic year-over-year increase of 201.9% from Q3FY24's ₹1.06 crores, despite a sharp quarter-over-quarter decline of 97.5% from Q2FY25's ₹128.60 crores. Earnings per share for Q3FY25 were ₹0.20, reflecting a similar pattern with a 100% increase year-over-year from ₹0.10 in Q3FY24, but a steep decrease of 97.6% from ₹8.20 in Q2FY25.
Operating Metrics
Total expenses for Oricon Enterprises Ltd in Q3FY25 amounted to ₹60.15 crores, which is a rise of 9.7% from the preceding quarter's expenses of ₹54.83 crores. When compared to the same quarter in the previous fiscal year, there is a substantial decrease of 51.9% from ₹125.17 crores in Q3FY24. The tax expense for Q3FY25 was ₹0.70 crores, showing a reduction of 52.1% from Q2FY25's tax of ₹1.46 crores, and a significant change from Q3FY24, where a tax credit of ₹1.29 crores was recorded. These figures indicate fluctuations in the company's expenditure and tax obligations over the quarters.
