Somany Ceramics Ltd's Q3FY25 Quarter Results
- 07 Feb 2025
Result Summary
- Somany Ceramics Ltd reported a 3.1% 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 growth of 5.2%.
- Its expenses for the quarter were down by 2.4% QoQ and up 7.7% YoY.
- The net profit decreased 44.2% QoQ and decreased 58.7% YoY.
- The earnings per share (EPS) of Somany Ceramics Ltd stood at 2.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 646.68 | 667.65 | 614.95 | -3.1% | 5.2% |
Total Expenses | 627.49 | 642.97 | 582.81 | -2.4% | 7.7% |
Profit Before Tax | 17.19 | 24.68 | 33.44 | -30.3% | -48.6% |
Tax | 7.52 | 7.34 | 10.04 | 2.5% | -25.1% |
Profit After Tax | 9.67 | 17.34 | 23.40 | -44.2% | -58.7% |
Earnings Per Share | 2.30 | 4.20 | 5.20 | -45.2% | -55.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Somany Ceramics Ltd is a prominent player in the ceramic industry, specializing in the production and distribution of tiles, sanitaryware, and bath fittings. Established as a significant entity in the ceramics sector, the company caters to both domestic and international markets. The company is known for its innovative designs and a wide range of product offerings that cater to various consumer needs in the construction and home decor segments. As of the latest available information, there are no specific major recent developments publicly disclosed about the company.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Somany Ceramics Ltd reported a total income of ₹646.68 crores. This represents a decline of 3.1% compared to the previous quarter (Q2FY25), where the total income stood at ₹667.65 crores. However, when compared year-over-year (YoY) with the third quarter of the fiscal year 2024 (Q3FY24), there is a 5.2% increase from ₹614.95 crores. This growth in total income on a yearly basis is indicative of the company's revenue performance over the long term despite short-term fluctuations.
Profitability
For Q3FY25, Somany Ceramics Ltd recorded a profit before tax of ₹17.19 crores, which represents a significant decrease of 30.3% from the previous quarter's (Q2FY25) profit before tax of ₹24.68 crores. Year-over-year, this figure shows a decline of 48.6% from the profit before tax of ₹33.44 crores in Q3FY24. The net profit after tax for the current quarter is ₹9.67 crores, reflecting a quarter-over-quarter (QoQ) decrease of 44.2% from ₹17.34 crores in Q2FY25 and a year-over-year (YoY) decrease of 58.7% from ₹23.40 crores in Q3FY24. This decline is similarly reflected in the earnings per share, which decreased to ₹2.30 in Q3FY25 from ₹4.20 in Q2FY25 and ₹5.20 in Q3FY24.
Operating Metrics
Total expenses for Somany Ceramics in Q3FY25 amounted to ₹627.49 crores, showing a 2.4% reduction from the previous quarter's expenses of ₹642.97 crores. In contrast, on a year-over-year basis, total expenses have increased by 7.7% from ₹582.81 crores in Q3FY24. The tax expense for Q3FY25 was ₹7.52 crores, which marks a minor increase of 2.5% from the previous quarter's tax of ₹7.34 crores, but a decrease of 25.1% from the tax expense of ₹10.04 crores in Q3FY24. The changes in these operating metrics reflect the cost dynamics and tax-related aspects impacting the company's financial outcomes over the respective periods.
