SKM Egg Products Export (India) Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- SKM Egg Products Export (India) Ltd reported a 4.8% 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 decline of 10.4%.
- Its expenses for the quarter were up by 7.7% QoQ and down 7.9% YoY.
- The net profit decreased 12.5% QoQ and decreased 35.5% YoY.
- The earnings per share (EPS) of SKM Egg Products Export (India) Ltd stood at 2.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 137.48 | 131.14 | 153.52 | 4.8% | -10.4% |
Total Expenses | 127.33 | 118.25 | 138.28 | 7.7% | -7.9% |
Profit Before Tax | 10.15 | 12.89 | 15.24 | -21.3% | -33.4% |
Tax | 2.72 | 3.46 | 3.67 | -21.4% | -25.9% |
Profit After Tax | 7.53 | 8.61 | 11.67 | -12.5% | -35.5% |
Earnings Per Share | 2.90 | 3.30 | 4.50 | -12.1% | -35.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
SKM Egg Products Export (India) Ltd is a company primarily engaged in the production and export of egg products. The company's main products include egg powders and liquid egg products, which are supplied to various industries including food processing, pharmaceuticals, and cosmetics. Operating within the agribusiness sector, SKM Egg Products has established a presence in both domestic and international markets. The company is known for its emphasis on quality and compliance with international standards, positioning itself as a reliable supplier. As of the current period, there are no specific recent major developments available for SKM Egg Products Export (India) Ltd based on the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), SKM Egg Products Export (India) Ltd reported a total income of ₹137.48 crores. This represents a 4.8% increase compared to the previous quarter (Q2FY25) where total income was ₹131.14 crores. However, there is a notable decrease of 10.4% when comparing year-over-year (YoY) to the same quarter in the previous year (Q3FY24), where total income was ₹153.52 crores. This fluctuation in revenue highlights quarterly growth, albeit with a decline from the prior year, indicating variations in revenue streams or market conditions over the period.
Profitability
The company's profitability metrics reveal a profit before tax (PBT) of ₹10.15 crores for Q3FY25, showing a decrease of 21.3% from the previous quarter's PBT of ₹12.89 crores. When compared to Q3FY24, where the PBT was ₹15.24 crores, there is a decline of 33.4% year-over-year. The profit after tax (PAT) for Q3FY25 stands at ₹7.53 crores, which is 12.5% lower than the previous quarter's PAT of ₹8.61 crores and 35.5% lower when compared to Q3FY24's PAT of ₹11.67 crores. Earnings per share (EPS) for Q3FY25 is ₹2.90, showing a decrease from ₹3.30 in Q2FY25 and ₹4.50 in Q3FY24, reflecting the downward trend in profitability metrics over both the sequential and annual periods.
Operating Metrics
The total expenses for SKM Egg Products Export (India) Ltd in Q3FY25 were ₹127.33 crores, marking a 7.7% increase from Q2FY25, where expenses were ₹118.25 crores. Compared to the same quarter last year (Q3FY24), where expenses were ₹138.28 crores, there is a decrease of 7.9%. Despite the quarter-over-quarter increase in expenses, the YoY reduction in expenses is notable. Tax expenses for Q3FY25 were reported at ₹2.72 crores, showing a decrease of 21.4% from the previous quarter's tax expense of ₹3.46 crores, and a 25.9% decrease compared to Q3FY24's tax expense of ₹3.67 crores. These variations in operating expenses and tax outflows provide insights into the company's cost management and fiscal strategies during the period.
