Styrenix Performance Materials Ltd's Q3FY25 Quarter Results
- 2d ago
Result Summary
- Styrenix Performance Materials Ltd reported a 4.9% 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 - of -.
- Its expenses for the quarter were up by 11.1% QoQ and - - YoY.
- The net profit decreased 32.0% QoQ and - - YoY.
- The earnings per share (EPS) of Styrenix Performance Materials Ltd stood at 27.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 692.16 | 659.58 | 0.00 | 4.9% | - |
Total Expenses | 627.87 | 565.18 | 0.00 | 11.1% | - |
Profit Before Tax | 64.29 | 94.40 | - | -31.9% | NaN% |
Tax | 16.59 | 24.30 | 0.00 | -31.7% | - |
Profit After Tax | 47.70 | 70.10 | 0.00 | -32.0% | - |
Earnings Per Share | 27.10 | 39.90 | 0.00 | -32.1% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Styrenix Performance Materials Ltd is a company involved in the production and development of performance materials, particularly focusing on the styrenics industry. Styrenics are a family of plastics made from styrene monomers and are used in a variety of applications, including automotive, electronics, and packaging. The company operates within the chemicals and materials sector, which is integral to numerous industrial applications. However, specific recent developments or strategic initiatives by Styrenix Performance Materials Ltd during the quarter are not provided in the data. Therefore, more detailed insights into its operational strategies or market dynamics are not available from the current dataset.
Revenue
For the quarter ending Q3FY25, Styrenix Performance Materials Ltd reported a total income of ₹692.16 crores. This represents a quarter-over-quarter (QoQ) increase of 4.9% from ₹659.58 crores reported in Q2FY25. The data does not include year-over-year (YoY) comparisons for Q3FY24, as the figures for that period are not available. The growth in revenue on a sequential basis indicates that the company managed to increase its income from the previous quarter, despite not having comparative data for the same quarter in the previous year.
Profitability
The company posted a Profit Before Tax of ₹64.29 crores in Q3FY25, which is a decrease of 31.9% compared to ₹94.40 crores in Q2FY25. The tax expense for the quarter was ₹16.59 crores, down from ₹24.30 crores in the previous quarter, also reflecting a reduction of 31.7%. Consequently, the Profit After Tax (PAT) stood at ₹47.70 crores, marking a 32.0% decline from ₹70.10 crores in Q2FY25. Earnings Per Share (EPS) also fell by 32.1%, from ₹39.90 to ₹27.10. These declines in profitability metrics indicate a decrease in earnings relative to the previous quarter.
Operating Metrics
The total expenses for Styrenix Performance Materials Ltd in Q3FY25 were ₹627.87 crores, which shows an increase of 11.1% from ₹565.18 crores in Q2FY25. This rise in costs occurred alongside a moderate increase in total income. The company's operating environment in the third quarter saw rising expenses which outpaced the growth in income, affecting the overall profitability. The financial ratios such as P/E ratio, debt-to-equity ratio, and current ratio are not calculable from the provided data due to the absence of necessary figures such as market valuation and balance sheet details.
