Paradeep Phosphates Ltd's Q3FY25 Quarter Results
- 04 Feb 2025
Result Summary
- Paradeep Phosphates 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 growth of 59.0%.
- Its expenses for the quarter were up by 10.0% QoQ and 60.0% YoY.
- The net profit decreased 30.3% QoQ and increased 45.7% YoY.
- The earnings per share (EPS) of Paradeep Phosphates Ltd stood at 1.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4140.07 | 3858.75 | 2603.67 | 7.3% | 59.0% |
Total Expenses | 3919.86 | 3562.95 | 2450.16 | 10.0% | 60.0% |
Profit Before Tax | 220.21 | 295.80 | 153.51 | -25.6% | 43.4% |
Tax | 61.52 | 68.34 | 44.59 | -10.0% | 38.0% |
Profit After Tax | 158.75 | 227.63 | 108.92 | -30.3% | 45.7% |
Earnings Per Share | 1.90 | 2.80 | 1.30 | -32.1% | 46.2% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Paradeep Phosphates Ltd is an established entity in the Indian agrochemical sector, primarily focusing on the production and marketing of fertilizers. The company is a significant player in the industry, with a product line that includes Di-Ammonium Phosphate (DAP) and other complex fertilizers. Paradeep Phosphates operates in a competitive market, serving the agricultural needs of a vast and diverse domestic market. The company has been involved in various initiatives to expand its production capacity and enhance its operational efficiencies. However, specific recent developments in the company are not available from the provided data.
Revenue
During the third quarter of fiscal year 2025, Paradeep Phosphates Ltd reported a total income of ₹4140.07 crores. Compared to the previous quarter, Q2FY25, where the total income was ₹3858.75 crores, there was a 7.3% increase. On a year-over-year basis, the total income increased significantly by 59.0% from ₹2603.67 crores in Q3FY24. This substantial growth reflects the company's scale of operations and the increasing demand for its products. The rise in total income could be attributed to various factors, such as expanded market reach or increased production capacity, but specific details are not provided.
Profitability
In terms of profitability, Paradeep Phosphates Ltd reported a profit before tax of ₹220.21 crores in Q3FY25. This figure represents a decrease of 25.6% from the previous quarter's profit before tax of ₹295.80 crores. However, compared to the same quarter in the previous year (Q3FY24), where the profit before tax was ₹153.51 crores, there was a year-over-year increase of 43.4%. The tax expenses for the quarter amounted to ₹61.52 crores, down 10.0% from ₹68.34 crores in Q2FY25, but up 38.0% from ₹44.59 crores in Q3FY24. The profit after tax for Q3FY25 stood at ₹158.75 crores, showing a decrease of 30.3% from the previous quarter's ₹227.63 crores, while it increased by 45.7% compared to ₹108.92 crores in Q3FY24. Earnings per share (EPS) followed a similar trend, decreasing by 32.1% quarter-over-quarter to ₹1.90 from ₹2.80, but growing by 46.2% year-over-year from ₹1.30.
Operating Metrics
The total expenses for Paradeep Phosphates Ltd in Q3FY25 were reported at ₹3919.86 crores, representing a 10.0% increase from ₹3562.95 crores in the previous quarter. Comparing year-over-year, total expenses rose by 60.0% from ₹2450.16 crores in Q3FY24. This increase in expenses could be indicative of higher production costs or expanded operations, although the data does not specify the exact causes. The company's operational efficiency reflected in these figures provides a view of the cost structure relative to income, with the current quarter showing robust operational activity. Overall, the financial metrics suggest substantial operational throughput, consistent with the reported growth in total income.
