Platinum Industries Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Platinum Industries Ltd reported a 7.7% 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 56.7%.
- Its expenses for the quarter were down by 5.2% QoQ and up 66.6% YoY.
- The net profit decreased 20.7% QoQ and increased 15.7% YoY.
- The earnings per share (EPS) of Platinum Industries Ltd stood at 2.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 97.21 | 105.29 | 62.04 | -7.7% | 56.7% |
Total Expenses | 81.45 | 85.88 | 48.89 | -5.2% | 66.6% |
Profit Before Tax | 15.75 | 19.40 | 13.15 | -18.8% | 19.8% |
Tax | 4.23 | 4.87 | 3.20 | -13.1% | 32.2% |
Profit After Tax | 11.52 | 14.53 | 9.96 | -20.7% | 15.7% |
Earnings Per Share | 2.10 | 2.60 | 2.50 | -19.2% | -16.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Platinum Industries Ltd is a company whose specific business operations and product offerings are not detailed in the provided dataset. Therefore, key information such as the company's main products or services, industry, and any recent major developments are currently unavailable. The analysis presented in this report will focus solely on the financial data provided for the company's quarterly performance.
Revenue
In the third quarter of the fiscal year 2025, Platinum Industries Ltd reported a total income of ₹97.21 crores. This represents a decline of 7.7% compared to the previous quarter (Q2FY25), where total income was ₹105.29 crores. However, when compared year-over-year, the total income has increased significantly by 56.7% from ₹62.04 crores in Q3FY24. This suggest a substantial growth in revenue over the last year, despite a decline in the quarterly comparison.
Profitability
Profitability metrics for Platinum Industries Ltd show a mixed performance. The company reported a profit before tax of ₹15.75 crores in Q3FY25, which is a decrease of 18.8% from ₹19.40 crores in Q2FY25, but an increase of 19.8% from ₹13.15 crores in Q3FY24. The profit after tax also followed a similar trend, declining by 20.7% from the previous quarter to ₹11.52 crores, while increasing by 15.7% year-over-year from ₹9.96 crores. The tax expense for the quarter was ₹4.23 crores, down 13.1% from Q2FY25, but up 32.2% from Q3FY24. Earnings per share for Q3FY25 stood at ₹2.10, which is a decrease of 19.2% from the previous quarter and a 16.0% decline from the same quarter last year.
Operating Metrics
Platinum Industries Ltd's total expenses for the third quarter of FY25 were ₹81.45 crores, reflecting a decrease of 5.2% from the previous quarter's expenses of ₹85.88 crores. On a year-over-year basis, the expenses have increased by 66.6% from ₹48.89 crores in Q3FY24. This increase in expenses over the year coincides with the revenue growth, indicating higher operational activity. No additional operating metrics such as specific ratios or other performance indicators were provided in the dataset, so the analysis is limited to available data.
