Sukhjit Starch & Chemicals Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Sukhjit Starch & Chemicals Ltd reported a 1.8% 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 growth of 3.9%.
- Its expenses for the quarter were up by 2.6% QoQ and 6.1% YoY.
- The net profit decreased 14.1% QoQ and decreased 32.7% YoY.
- The earnings per share (EPS) of Sukhjit Starch & Chemicals Ltd stood at 3.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 376.97 | 370.35 | 362.92 | 1.8% | 3.9% |
Total Expenses | 362.64 | 353.60 | 341.90 | 2.6% | 6.1% |
Profit Before Tax | 14.33 | 16.75 | 21.02 | -14.4% | -31.8% |
Tax | 3.55 | 4.20 | 5.00 | -15.5% | -29.0% |
Profit After Tax | 10.78 | 12.55 | 16.02 | -14.1% | -32.7% |
Earnings Per Share | 3.50 | 8.00 | 10.30 | -56.3% | -66.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sukhjit Starch & Chemicals Ltd is a company engaged in the production and distribution of starch and starch derivatives. The company operates within the chemicals industry, focusing primarily on providing these products to various sectors such as food and beverage, pharmaceuticals, textiles, and paper industries. As of the latest data available up to October 2023, there are no specific major developments or announcements regarding the company's operations or strategic direction. The company's main products include a variety of starches used for different industrial applications, reflecting its established presence in the starch and chemical manufacturing sector. Information on recent expansions, acquisitions, or technological advancements is not available in the provided data.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Sukhjit Starch & Chemicals Ltd reported a total income of ₹376.97 crores. This represents a quarter-over-quarter (QoQ) increase of 1.8% from the previous quarter (Q2FY25), where the total income was ₹370.35 crores. Year-over-year (YoY), there is a 3.9% increase compared to the same quarter in the previous year (Q3FY24), which recorded a total income of ₹362.92 crores. The data indicates a steady growth in revenue over both the quarterly and annual periods under consideration.
Profitability
In Q3FY25, the Profit Before Tax (PBT) for Sukhjit Starch & Chemicals Ltd was ₹14.33 crores, showing a decrease of 14.4% QoQ from ₹16.75 crores in Q2FY25, and a significant YoY decline of 31.8% from ₹21.02 crores in Q3FY24. The Profit After Tax (PAT) for the same quarter was ₹10.78 crores, marking a 14.1% decrease QoQ and a 32.7% decrease YoY. Earnings Per Share (EPS) for Q3FY25 were ₹3.50, compared to ₹8.00 in Q2FY25 and ₹10.30 in Q3FY24, reflecting a substantial decline of 56.3% QoQ and 66.0% YoY. These figures highlight a notable reduction in profitability despite revenue growth.
Operating Metrics
The company reported total expenses of ₹362.64 crores for Q3FY25, which indicates a 2.6% QoQ increase from ₹353.60 crores in Q2FY25 and a 6.1% YoY increase from ₹341.90 crores in Q3FY24. The tax expense for Q3FY25 was ₹3.55 crores, showing a decrease of 15.5% QoQ from ₹4.20 crores in Q2FY25 and a 29.0% YoY decrease from ₹5.00 crores in Q3FY24. These trends in expenses and tax liabilities suggest changes in the company's operational cost structure and tax efficiencies over the analyzed periods.
