Stylam Industries Ltd's Q3FY25 Quarter Results
- 09 Feb 2025
Result Summary
- Stylam Industries 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 18.4%.
- Its expenses for the quarter were down by 1.8% QoQ and up 23.6% YoY.
- The net profit decreased 12.6% QoQ and decreased 4.8% YoY.
- The earnings per share (EPS) of Stylam Industries Ltd stood at 17.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 256.30 | 264.62 | 216.54 | -3.1% | 18.4% |
Total Expenses | 213.83 | 217.78 | 173.05 | -1.8% | 23.6% |
Profit Before Tax | 42.47 | 46.84 | 43.50 | -9.3% | -2.4% |
Tax | 12.65 | 12.73 | 12.17 | -0.6% | 3.9% |
Profit After Tax | 29.82 | 34.11 | 31.33 | -12.6% | -4.8% |
Earnings Per Share | 17.60 | 19.70 | 18.50 | -10.7% | -4.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Stylam Industries Ltd is a well-established company primarily engaged in the manufacturing and distribution of laminates and related products. The company operates within the materials sector, focusing on producing decorative laminates for various applications, including furniture, flooring, and other interior design needs. Over the years, Stylam Industries has expanded its product portfolio to include a diverse range of laminates, catering to both domestic and international markets. The company has been recognized for its quality and innovation in the industry. Major recent developments for Stylam Industries are not provided in the current data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Stylam Industries Ltd reported a total income of ₹256.30 crores. This represents a decrease of 3.1% quarter-over-quarter (QoQ) from ₹264.62 crores in the second quarter of fiscal year 2025 (Q2FY25). However, on a year-over-year (YoY) basis, the total income increased by 18.4% compared to ₹216.54 crores in the third quarter of fiscal year 2024 (Q3FY24). This YoY growth highlights a positive trend in revenue generation despite the slight decline observed on a quarterly basis.
Profitability
The company recorded a profit before tax (PBT) of ₹42.47 crores in Q3FY25, which marks a decrease of 9.3% QoQ from ₹46.84 crores in Q2FY25 and a slight decline of 2.4% YoY from ₹43.50 crores in Q3FY24. The profit after tax (PAT) for Q3FY25 was ₹29.82 crores, down 12.6% QoQ from ₹34.11 crores in the previous quarter and 4.8% YoY from ₹31.33 crores in the corresponding quarter of the previous year. Earnings per share (EPS) for Q3FY25 stood at ₹17.60, reflecting a decrease of 10.7% QoQ from ₹19.70 in Q2FY25 and 4.9% YoY from ₹18.50 in Q3FY24. These metrics indicate fluctuations in profitability over the periods analyzed.
Operating Metrics
Total expenses for Stylam Industries Ltd in Q3FY25 amounted to ₹213.83 crores, showing a decrease of 1.8% QoQ from ₹217.78 crores in Q2FY25, yet a notable rise of 23.6% YoY from ₹173.05 crores in Q3FY24. The tax expense for Q3FY25 was ₹12.65 crores, reflecting a marginal decrease of 0.6% QoQ from ₹12.73 crores in Q2FY25 and an increase of 3.9% YoY from ₹12.17 crores in Q3FY24. These figures illustrate changes in the company's cost structure and tax obligations over the reported periods.
