Sigachi Industries Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Sigachi Industries Ltd reported a 1.4% 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 1.5% QoQ and 23.3% YoY.
- The net profit decreased 2.4% QoQ and increased 27.4% YoY.
- The earnings per share (EPS) of Sigachi Industries Ltd stood at 0.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 141.44 | 139.54 | 112.66 | 1.4% | 25.5% |
Total Expenses | 114.73 | 113.00 | 93.02 | 1.5% | 23.3% |
Profit Before Tax | 26.71 | 26.55 | 19.64 | 0.6% | 36.0% |
Tax | 6.19 | 5.53 | 3.53 | 11.9% | 75.4% |
Profit After Tax | 20.51 | 21.01 | 16.10 | -2.4% | 27.4% |
Earnings Per Share | 0.50 | 0.50 | 0.40 | 0.0% | 25.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sigachi Industries Ltd is a company primarily engaged in the manufacture and distribution of various chemical products. The company is known for producing microcrystalline cellulose, a key excipient used in the pharmaceutical, food, and nutraceutical industries. Sigachi Industries operates within the chemical manufacturing sector, catering to both domestic and international markets. As of now, there is no additional recent major development information available about the company.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Sigachi Industries Ltd reported a total income of ₹141.44 crores, which marks an increase of 1.4% from the previous quarter (Q2FY25), where the total income was ₹139.54 crores. When compared year-over-year (YoY), the company experienced a significant growth of 25.5% from the third quarter of the fiscal year 2024 (Q3FY24), where total income stood at ₹112.66 crores. These increases reflect changes in the company's revenue generation over the respective periods.
Profitability
During Q3FY25, Sigachi Industries Ltd achieved a profit before tax of ₹26.71 crores, reflecting a slight quarter-over-quarter (QoQ) increase of 0.6% from ₹26.55 crores in Q2FY25. Year-on-year (YoY), the profit before tax increased by 36.0% from ₹19.64 crores in Q3FY24. The tax expense for Q3FY25 was ₹6.19 crores, up by 11.9% QoQ and 75.4% YoY. Consequently, the profit after tax for Q3FY25 was ₹20.51 crores, showing a decrease of 2.4% from the previous quarter's ₹21.01 crores, but an increase of 27.4% from the ₹16.10 crores reported in Q3FY24. The earnings per share remained constant at ₹0.50 from Q2FY25, up from ₹0.40 in Q3FY24, indicating a 25.0% YoY increase.
Operating Metrics
The total expenses for Sigachi Industries Ltd in Q3FY25 were ₹114.73 crores, which is a 1.5% increase from the previous quarter's expenses of ₹113.00 crores. Compared to the same quarter in the previous year (Q3FY24), the expenses rose by 23.3% from ₹93.02 crores. This rise in expenses aligns with the overall increase in total income, maintaining the operating dynamics of the company. The profit margins and other financial metrics indicate changes in the company's operational effectiveness over the observed periods.
