Pokarna Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Pokarna Ltd reported a 7.5% 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 40.3%.
- Its expenses for the quarter were down by 10.7% QoQ and up 24.3% YoY.
- The net profit increased 12.5% QoQ and increased 138.3% YoY.
- The earnings per share (EPS) of Pokarna Ltd stood at 16.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 234.38 | 253.46 | 167.02 | -7.5% | 40.3% |
Total Expenses | 165.22 | 185.03 | 132.94 | -10.7% | 24.3% |
Profit Before Tax | 69.16 | 68.44 | 34.08 | 1.1% | 102.9% |
Tax | 18.66 | 23.56 | 12.85 | -20.8% | 45.2% |
Profit After Tax | 50.60 | 44.96 | 21.23 | 12.5% | 138.3% |
Earnings Per Share | 16.30 | 14.50 | 6.80 | 12.4% | 139.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Pokarna Ltd is a prominent company involved in the manufacturing and export of granite and quartz surfaces. As part of the broader construction materials industry, Pokarna Ltd specializes in supplying high-quality natural stone products that are used in various residential, commercial, and industrial applications worldwide. The company has established a reputation for its premium quality products and has expanded its market reach through strategic investments and partnerships. Recent developments for Pokarna Ltd include expansions in production capacity and advancements in technology to enhance production efficiency and product quality. However, specific details about these developments are not available in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Pokarna Ltd reported a total income of ₹234.38 crores. This represents a decrease of 7.5% when compared to the preceding quarter (Q2FY25), where the total income was ₹253.46 crores. Despite the quarter-over-quarter decline, the company experienced a substantial year-over-year increase of 40.3% compared to Q3FY24, where the total income was ₹167.02 crores. This significant annual growth suggests a strong upward trend in the company's revenue generation over the past year, reflecting the company's ability to increase its market presence and demand for its products.
Profitability
Pokarna Ltd's profitability has shown impressive growth in Q3FY25, with a profit before tax of ₹69.16 crores, slightly up by 1.1% from ₹68.44 crores in Q2FY25. On a year-over-year basis, the profit before tax has surged by 102.9% from ₹34.08 crores in Q3FY24. After-tax considerations, the profit after tax for Q3FY25 stands at ₹50.60 crores, marking a 12.5% increase from ₹44.96 crores in the previous quarter and a remarkable 138.3% increase from ₹21.23 crores in the same quarter of the previous year. The earnings per share (EPS) also reflect this growth, rising to ₹16.30 in Q3FY25 from ₹14.50 in Q2FY25 and ₹6.80 in Q3FY24, indicating a year-over-year growth of 139.7%.
Operating Metrics
The total expenses for Pokarna Ltd in Q3FY25 amounted to ₹165.22 crores, which signifies a decrease of 10.7% from the previous quarter's expenses of ₹185.03 crores. Year-over-year, the total expenses increased by 24.3% from ₹132.94 crores in Q3FY24. The effective tax rate for Q3FY25 was ₹18.66 crores, which is a reduction of 20.8% from ₹23.56 crores in Q2FY25, but an increase of 45.2% from ₹12.85 crores in Q3FY24. This variation in tax expenses could be attributed to changes in tax policies or profitability levels. The company's ability to manage expenses efficiently while growing its revenue has played a pivotal role in enhancing its overall financial performance during the reviewed quarter.
