Prudential Sugar Corporation Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Prudential Sugar Corporation Ltd reported a 52.8% 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 25.5%.
- Its expenses for the quarter were up by 68.3% QoQ and 36.5% YoY.
- The net profit decreased 49.1% QoQ and decreased 54.1% YoY.
- The earnings per share (EPS) of Prudential Sugar Corporation Ltd stood at 0.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 35.17 | 23.02 | 28.02 | 52.8% | 25.5% |
Total Expenses | 33.68 | 20.01 | 24.67 | 68.3% | 36.5% |
Profit Before Tax | 1.49 | 3.01 | 3.35 | -50.5% | -55.5% |
Tax | 0.38 | 0.82 | 0.93 | -53.7% | -59.1% |
Profit After Tax | 1.11 | 2.18 | 2.42 | -49.1% | -54.1% |
Earnings Per Share | 0.40 | 0.70 | 0.70 | -42.9% | -42.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Prudential Sugar Corporation Ltd operates in the sugar industry. The company primarily engages in the production and sale of sugar and its by-products. As a player within the agricultural and commodities sector, it is subject to various market dynamics, including fluctuating demand and supply conditions, regulatory changes, and pricing pressures. Specific recent developments related to Prudential Sugar Corporation Ltd are not available in the provided data. However, companies within this sector often experience shifts in financial performance due to seasonal variations and changes in input costs.
Revenue
In Q3FY25, Prudential Sugar Corporation Ltd reported a total income of ₹35.17 crores. This marks a significant increase from ₹23.02 crores in Q2FY25, representing a quarter-over-quarter (QoQ) growth of 52.8%. Compared to Q3FY24, when the total income was ₹28.02 crores, there is a year-over-year (YoY) increase of 25.5%. The observed rise in total income over both the previous quarter and the same quarter of the previous year indicates a notable growth in revenues, which could be attributed to improved sales volumes, pricing strategies, or other operational factors within the company's control.
Profitability
The analysis of Prudential Sugar Corporation Ltd's profitability shows a decline in performance over both quarterly and yearly comparisons. The profit before tax (PBT) for Q3FY25 was ₹1.49 crores, down from ₹3.01 crores in Q2FY25, reflecting a QoQ decrease of 50.5%. This is also lower than the ₹3.35 crores reported in Q3FY24, indicating a YoY decline of 55.5%. The tax expense for Q3FY25 was ₹0.38 crores, down from ₹0.82 crores in the previous quarter and ₹0.93 crores in the same quarter last year, showing decreases of 53.7% QoQ and 59.1% YoY, respectively. Consequently, the profit after tax (PAT) stands at ₹1.11 crores for Q3FY25, which is a 49.1% decrease from Q2FY25's PAT of ₹2.18 crores and a 54.1% decrease from Q3FY24's PAT of ₹2.42 crores. The earnings per share (EPS) also diminished to ₹0.40 in Q3FY25, from ₹0.70 in both Q2FY25 and Q3FY24, marking a contraction of 42.9% QoQ and YoY.
Operating Metrics
The operating metrics of Prudential Sugar Corporation Ltd demonstrate significant changes in expenses relative to income. Total expenses for Q3FY25 were ₹33.68 crores, which increased from ₹20.01 crores in Q2FY25, reflecting a QoQ rise of 68.3%. Compared to the same period last year, where expenses were ₹24.67 crores, this marks a YoY increase of 36.5%. The data indicates that while the company experienced revenue growth, the increase in expenses outpaced revenue growth on a quarterly basis, thus impacting profitability. The trends in operating expenses relative to revenue generation are crucial for understanding the company's operational efficiency and cost management strategies.
