SVP Global Textiles Ltd's Q3FY25 Quarter Results
- 16 Feb 2025
Result Summary
- SVP Global Textiles Ltd reported a 16.9% 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 decline of 80.9%.
- Its expenses for the quarter were down by 8.6% QoQ and 38.3% YoY.
- The net profit decreased 6.4% QoQ and increased 25.0% YoY.
- The earnings per share (EPS) of SVP Global Textiles Ltd declined at 4.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 13.46 | 16.19 | 70.58 | -16.9% | -80.9% |
Total Expenses | 72.96 | 79.80 | 118.19 | -8.6% | -38.3% |
Profit Before Tax | -59.50 | -63.60 | -47.60 | -6.4% | 25.0% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -59.50 | -63.60 | -47.60 | -6.4% | 25.0% |
Earnings Per Share | -4.70 | -5.00 | -0.40 | -6.0% | 1075.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
SVP Global Textiles Ltd is a company primarily engaged in the textiles industry. This sector involves the production and distribution of textile products. The company focuses on manufacturing yarns and fabrics, which are essential components for various textile products. However, specific recent major developments within the company are not provided in the data. As a player in the textile industry, SVP Global Textiles Ltd operates within a market that is highly influenced by global demand for textiles, raw material prices, and supply chain dynamics.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), SVP Global Textiles Ltd reported a total income of ₹13.46 crores. This represents a significant decrease compared to both the preceding quarter (Q2FY25), where the total income was ₹16.19 crores, and the same quarter in the previous year (Q3FY24), where the total income was ₹70.58 crores. The quarter-over-quarter (QoQ) decline in total income was 16.9%, while the year-over-year (YoY) decline was notably large at 80.9%. This sharp drop in revenue over the periods indicates a challenging environment for the company's income generation during this time frame.
Profitability
The profitability of SVP Global Textiles Ltd during Q3FY25 was marked by a loss. The company recorded a profit before tax (PBT) of -₹59.50 crores, which is a marginal improvement over the previous quarter's PBT of -₹63.60 crores, showing a QoQ improvement of 6.4%. However, when compared to the same period last year (Q3FY24), where the PBT was -₹47.60 crores, there is a 25.0% decline YoY. The profit after tax (PAT) mirrored these figures as no tax was recorded, maintaining the same values for PBT and PAT. Earnings per share (EPS) stood at -₹4.70, an improvement from the previous quarter's -₹5.00, but significantly lower than -₹0.40 reported in Q3FY24, reflecting a YoY increase of 1075.0%.
Operating Metrics
The total expenses for SVP Global Textiles Ltd in Q3FY25 were ₹72.96 crores, which is a reduction from Q2FY25's expenses of ₹79.80 crores, indicating an 8.6% decrease QoQ. Compared to Q3FY24, where expenses were ₹118.19 crores, the expenses have decreased by 38.3% YoY. No tax was recorded for the periods under review, maintaining a tax liability of zero. The continuous reporting of losses and the reduction in expenses reflect the company's operational challenges during the quarter. There is no additional data available for calculating financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio.
