Texmo Pipes & Products Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Texmo Pipes & Products Ltd reported a 71.8% 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 decline of 10.1%.
- Its expenses for the quarter were up by 64.3% QoQ and down 12.2% YoY.
- The net profit increased 97.2% QoQ and increased 102.0% YoY.
- The earnings per share (EPS) of Texmo Pipes & Products Ltd stood at 1.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 110.37 | 64.24 | 122.79 | 71.8% | -10.1% |
Total Expenses | 104.64 | 63.68 | 119.23 | 64.3% | -12.2% |
Profit Before Tax | 5.72 | 0.55 | 3.57 | 940.0% | 60.2% |
Tax | 1.24 | -0.91 | 1.09 | -236.3% | 13.8% |
Profit After Tax | 5.01 | 2.54 | 2.48 | 97.2% | 102.0% |
Earnings Per Share | 1.50 | 0.50 | 0.80 | 200.0% | 87.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Texmo Pipes & Products Ltd is a company engaged in the manufacture and distribution of pipes and related products. The company operates within the industrial manufacturing sector, focusing primarily on providing solutions for water management and infrastructure development. Texmo Pipes & Products Ltd is known for its diverse range of products, including PVC and HDPE pipes, which cater to various sectors such as agriculture, housing, and industrial applications. The company has positioned itself as a key player in the piping solutions industry, leveraging its expertise to meet the growing demands of infrastructure and construction projects.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Texmo Pipes & Products Ltd reported a total income of ₹110.37 crores. This represents a significant quarter-over-quarter (QoQ) growth of 71.8% compared to the previous quarter (Q2FY25), where the total income stood at ₹64.24 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), there was a year-over-year (YoY) decline of 10.1%, as the total income was ₹122.79 crores in Q3FY24. This fluctuation in revenue indicates variations in market dynamics or operational factors affecting the company's income generation over different periods.
Profitability
For Q3FY25, Texmo Pipes & Products Ltd recorded a profit before tax (PBT) of ₹5.72 crores, showcasing a substantial QoQ increase of 940.0% from ₹0.55 crores in Q2FY25. The YoY growth for PBT was 60.2%, rising from ₹3.57 crores in Q3FY24. After accounting for taxes, the profit after tax (PAT) for Q3FY25 was ₹5.01 crores, marking a QoQ surge of 97.2% from ₹2.54 crores in the previous quarter. Furthermore, the PAT exhibited a YoY growth of 102.0% from ₹2.48 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 was ₹1.50, which increased by 200.0% QoQ from ₹0.50 in Q2FY25 and 87.5% YoY from ₹0.80 in Q3FY24. These figures highlight the company's improved profitability in the current quarter.
Operating Metrics
The total expenses for Texmo Pipes & Products Ltd in Q3FY25 were ₹104.64 crores, reflecting a QoQ increase of 64.3% from ₹63.68 crores in Q2FY25. On a YoY basis, total expenses decreased by 12.2% compared to ₹119.23 crores in Q3FY24. The tax incurred in Q3FY25 was ₹1.24 crores, which represents a negative QoQ change of -236.3% from a tax benefit of ₹-0.91 crores seen in Q2FY25. YoY, there was a moderate increase of 13.8% compared to ₹1.09 crores in Q3FY24. These operational metrics demonstrate the company's cost management and tax obligation trends over the reporting periods, which have impacted its overall financial performance.
