Orient Ceratech Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- Orient Ceratech Ltd reported a 6.1% 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 decline of 0.3%.
- Its expenses for the quarter were up by 7.0% QoQ and 2.9% YoY.
- The net profit decreased 8.1% QoQ and decreased 67.6% YoY.
- The earnings per share (EPS) of Orient Ceratech Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 75.49 | 71.16 | 75.71 | 6.1% | -0.3% |
Total Expenses | 73.35 | 68.57 | 71.27 | 7.0% | 2.9% |
Profit Before Tax | 2.15 | 2.59 | 6.80 | -17.0% | -68.4% |
Tax | 0.45 | 0.74 | 1.54 | -39.2% | -70.8% |
Profit After Tax | 1.70 | 1.85 | 5.25 | -8.1% | -67.6% |
Earnings Per Share | 0.10 | 0.20 | 0.40 | -50.0% | -75.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Orient Ceratech Ltd is a company involved in the ceramics industry, focusing on the production and distribution of ceramic products. The company's offerings may include tiles, sanitary ware, and related ceramic goods, which are widely used in construction and renovation projects. While specific recent developments about Orient Ceratech Ltd are not provided, companies in this sector typically engage in activities such as expanding product lines, improving manufacturing efficiency, and enhancing distribution networks to maintain competitiveness in the market. The ceramics industry is characterized by its reliance on raw materials, energy costs, and technological advancements to improve product quality and customer satisfaction.
Revenue
During Q3FY25, Orient Ceratech Ltd reported a total income of ₹75.49 crores, which marks a 6.1% increase from the previous quarter (Q2FY25), where the total income was ₹71.16 crores. However, compared to the same quarter last year (Q3FY24), there was a slight decline of 0.3% from ₹75.71 crores. This indicates stability in revenue generation on a year-over-year basis, with some improvement observed in the recent quarter. The revenue figures reflect the company's ability to maintain its market presence and potentially capture additional market share or benefit from favorable market conditions during the recent quarter.
Profitability
Orient Ceratech Ltd's profitability in Q3FY25 showed some challenges. The company reported a profit before tax of ₹2.15 crores, which represents a decline of 17.0% compared to the previous quarter (Q2FY25) when it was ₹2.59 crores. On a year-over-year basis, there was a more significant decrease of 68.4% from ₹6.80 crores in Q3FY24. The profit after tax for Q3FY25 stood at ₹1.70 crores, marking an 8.1% decrease from Q2FY25's ₹1.85 crores and a 67.6% drop from ₹5.25 crores in Q3FY24. These figures illustrate a reduction in profitability both on a quarterly and annual basis. The earnings per share (EPS) in Q3FY25 was reported at ₹0.10, down by 50.0% from the previous quarter and 75.0% from the same quarter last year.
Operating Metrics
The total expenses for Orient Ceratech Ltd in Q3FY25 were ₹73.35 crores, which increased by 7.0% from the previous quarter's ₹68.57 crores and by 2.9% compared to ₹71.27 crores in Q3FY24. The increase in expenses relative to income suggests that cost management could be a factor affecting the company's financial performance during this period. The tax expenditure for Q3FY25 was ₹0.45 crores, showing a substantial reduction of 39.2% from Q2FY25's ₹0.74 crores and a 70.8% decrease from ₹1.54 crores in Q3FY24. Despite the decrease in tax expenses, the overall profitability metrics reflect challenges in maintaining margins, possibly due to the rise in total expenses and other operational factors during the quarter.
