Shiva Texyarn Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- Shiva Texyarn Ltd reported a 21.2% 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 1.3%.
- Its expenses for the quarter were down by 19.5% QoQ and 8.0% YoY.
- The net profit decreased 36.1% QoQ and decreased 123.9% YoY.
- The earnings per share (EPS) of Shiva Texyarn Ltd stood at 1.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 75.44 | 95.71 | 76.42 | -21.2% | -1.3% |
Total Expenses | 74.11 | 92.03 | 80.57 | -19.5% | -8.0% |
Profit Before Tax | 1.33 | 3.68 | -4.14 | -63.9% | -132.1% |
Tax | -0.44 | 0.91 | 3.27 | -148.4% | -113.5% |
Profit After Tax | 1.77 | 2.77 | -7.41 | -36.1% | -123.9% |
Earnings Per Share | 1.40 | 2.10 | -5.70 | -33.3% | -124.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shiva Texyarn Ltd is a company primarily involved in the textile industry. It is known for its production and distribution of a variety of textile products. These products typically include fabrics, yarns, and other related materials, catering to both domestic and international markets. The company operates within the broader textile sector, which is subject to fluctuations based on global and local economic conditions, consumer trends, and raw material prices. As of the latest updates, there are no specific major developments or strategic changes publicly available that pertain to Shiva Texyarn Ltd. Without additional details on recent company-specific developments, this overview focuses on the core business activities of the company.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Shiva Texyarn Ltd reported a total income of ₹75.44 crores. This figure represents a decline of 21.2% on a quarter-over-quarter (QoQ) basis compared to ₹95.71 crores in the second quarter of fiscal year 2025 (Q2FY25). Additionally, when compared to the third quarter of the previous fiscal year (Q3FY24), the total income decreased by 1.3% from ₹76.42 crores. This financial period showcases a notable reduction in revenue both in quarterly and yearly terms. The revenue figures reflect the company's current performance within its market and operational environment, as captured in the reported financial data.
Profitability
Shiva Texyarn Ltd's profitability metrics for Q3FY25 reveal a profit before tax of ₹1.33 crores, which is a substantial decline of 63.9% from ₹3.68 crores reported in Q2FY25. Compared to the same quarter in the previous year, where the company reported a loss before tax of ₹4.14 crores, there is an improvement in profitability. The tax expense for Q3FY25 was negative at -₹0.44 crores, contrasting with a positive tax expense of ₹0.91 crores in the previous quarter and ₹3.27 crores in Q3FY24. The profit after tax stood at ₹1.77 crores, marking a decrease of 36.1% from ₹2.77 crores in the previous quarter, but a significant recovery from a loss of ₹7.41 crores in Q3FY24. Earnings per share for Q3FY25 were ₹1.40, down from ₹2.10 in Q2FY25, and showing a positive turnaround from -₹5.70 in Q3FY24.
Operating Metrics
The operating metrics of Shiva Texyarn Ltd for Q3FY25 show total expenses amounting to ₹74.11 crores, which is a reduction of 19.5% compared to ₹92.03 crores in Q2FY25. Year-over-year, total expenses decreased by 8.0% from ₹80.57 crores in Q3FY24. This decline in expenses could impact the company’s operational efficiency and cost management. The overall financial data indicates changes in the company's cost structure and operational scale during the reviewed periods. The financial metrics provided reflect the company's operational adjustments and financial position within the specified timeframe.
