Pearl Global Industries Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Pearl Global Industries Ltd reported a 15.3% 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 growth of 45.5%.
- Its expenses for the quarter were down by 15.1% QoQ and up 45.0% YoY.
- The net profit decreased 13.3% QoQ and increased 42.6% YoY.
- The earnings per share (EPS) of Pearl Global Industries Ltd stood at 12.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1028.46 | 1214.64 | 706.75 | -15.3% | 45.5% |
Total Expenses | 974.76 | 1147.86 | 672.26 | -15.1% | 45.0% |
Profit Before Tax | 53.70 | 62.61 | 34.60 | -14.2% | 55.2% |
Tax | 5.47 | 6.98 | 0.77 | -21.6% | 610.4% |
Profit After Tax | 48.24 | 55.63 | 33.82 | -13.3% | 42.6% |
Earnings Per Share | 12.40 | 12.80 | 16.40 | -3.1% | -24.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Pearl Global Industries Ltd is a company that operates within the textile and apparel industry. It is primarily engaged in the manufacturing and export of garments, serving a diverse range of global clientele. The company is known for its comprehensive supply chain capabilities that cover designing, sourcing, manufacturing, and distribution. Recent developments in the company have not been provided in the data, thus specific updates on strategic initiatives or market expansions are unavailable at this time. Pearl Global Industries continues to focus on leveraging its industry expertise to maintain and grow its market presence.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Pearl Global Industries Ltd reported a total income of ₹1028.46 crores. This figure represents a decrease of 15.3% compared to the previous quarter (Q2FY25), where total income was ₹1214.64 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), the company experienced a significant increase in total income by 45.5%, up from ₹706.75 crores. This year-over-year growth highlights a substantial improvement in revenue performance over a 12-month period, despite the quarter-over-quarter decline.
Profitability
Pearl Global Industries Ltd reported a profit before tax of ₹53.70 crores in Q3FY25, which marks a decrease of 14.2% from the previous quarter's ₹62.61 crores. The company's profit after tax for Q3FY25 was ₹48.24 crores, down by 13.3% from ₹55.63 crores in Q2FY25. On a year-over-year basis, the profit before tax increased by 55.2% from ₹34.60 crores in Q3FY24, while the profit after tax rose by 42.6% from ₹33.82 crores in the same quarter last year. The tax expense for Q3FY25 was ₹5.47 crores, reflecting a decrease of 21.6% from the previous quarter, yet a significant increase of 610.4% from Q3FY24’s ₹0.77 crores, indicating changes in tax liabilities over the periods.
Operating Metrics
The earnings per share (EPS) for Pearl Global Industries Ltd in Q3FY25 was ₹12.40, showing a slight decrease of 3.1% from Q2FY25's ₹12.80. However, when compared to the same quarter of the previous fiscal year, the EPS declined by 24.4% from ₹16.40. This metric reflects the company's profitability on a per-share basis, highlighting a year-over-year reduction despite recent profitability improvements in absolute terms. Total expenses for Q3FY25 amounted to ₹974.76 crores, which represents a decrease of 15.1% from the previous quarter's ₹1147.86 crores, but an increase of 45.0% from ₹672.26 crores in Q3FY24, indicating fluctuations in operational costs.
