Sarla Performance Fibers Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Sarla Performance Fibers Ltd reported a 19.3% 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 decline of 0.3%.
- Its expenses for the quarter were down by 15.0% QoQ and 5.9% YoY.
- The net profit decreased 28.7% QoQ and increased 62.1% YoY.
- The earnings per share (EPS) of Sarla Performance Fibers Ltd stood at 1.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 101.70 | 126.01 | 101.99 | -19.3% | -0.3% |
Total Expenses | 85.15 | 100.20 | 90.48 | -15.0% | -5.9% |
Profit Before Tax | 16.55 | 25.81 | 11.52 | -35.9% | 43.7% |
Tax | 2.80 | 6.53 | 3.04 | -57.1% | -7.9% |
Profit After Tax | 13.75 | 19.29 | 8.48 | -28.7% | 62.1% |
Earnings Per Share | 1.60 | 2.30 | 1.00 | -30.4% | 60.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sarla Performance Fibers Ltd is a company engaged primarily in the manufacturing and export of polyester and nylon yarns. Operating within the textile industry, the company focuses on producing high-performance yarns used in various applications, including industrial, apparel, and home textile sectors. Although specific recent developments regarding the company are not provided, Sarla Performance Fibers Ltd has established itself as a player in the global textile market, offering products that cater to diverse customer needs. The company is known for its emphasis on quality and innovation, catering to both domestic and international markets.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Sarla Performance Fibers Ltd reported a total income of ₹101.70 crores. When compared to the previous quarter (Q2FY25), this represents a decrease of 19.3%. On a year-over-year basis, the total income saw a slight decline of 0.3% from Q3FY24, which had total income of ₹101.99 crores. The financial data suggests a challenging period for revenue growth, with both quarter-over-quarter and year-over-year metrics indicating a reduction in total income. This decline could reflect various factors affecting the company's ability to generate sales or other income streams during this period.
Profitability
The company's profitability metrics for Q3FY25 reveal a profit before tax of ₹16.55 crores, down from ₹25.81 crores in Q2FY25, marking a quarter-over-quarter decline of 35.9%. However, when compared to Q3FY24, there is a significant increase of 43.7%, as the profit before tax was ₹11.52 crores in that quarter. After accounting for taxes, the profit after tax for Q3FY25 is ₹13.75 crores, representing a decrease of 28.7% from the previous quarter's figure of ₹19.29 crores. Year-over-year, the profit after tax increased by 62.1% from ₹8.48 crores in Q3FY24. The earnings per share (EPS) followed a similar trend, showing a decrease of 30.4% quarter-over-quarter but an increase of 60.0% year-over-year.
Operating Metrics
The total expenses for Q3FY25 were ₹85.15 crores, a decrease of 15.0% from ₹100.20 crores in Q2FY25 and a 5.9% reduction from ₹90.48 crores in Q3FY24. This reduction in expenses both quarter-over-quarter and year-over-year suggests cost management efforts during the period. The tax expenses for Q3FY25 were ₹2.80 crores, showing a significant decline of 57.1% from the previous quarter and a 7.9% decrease from the same period in the previous year. These changes in operating costs and tax expenses contributed to the overall financial performance for the quarter.
