TPL Plastech Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- TPL Plastech Ltd reported a 2.3% 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 10.2%.
- Its expenses for the quarter were up by 1.0% QoQ and 9.5% YoY.
- The net profit increased 29.3% QoQ and increased 17.9% YoY.
- The earnings per share (EPS) of TPL Plastech Ltd stood at 0.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 91.06 | 88.97 | 82.66 | 2.3% | 10.2% |
Total Expenses | 82.64 | 81.82 | 75.50 | 1.0% | 9.5% |
Profit Before Tax | 8.41 | 7.15 | 7.16 | 17.6% | 17.5% |
Tax | 1.48 | 1.79 | 1.28 | -17.3% | 15.6% |
Profit After Tax | 6.93 | 5.36 | 5.88 | 29.3% | 17.9% |
Earnings Per Share | 0.90 | 0.70 | 0.80 | 28.6% | 12.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
TPL Plastech Ltd is a company operating in the manufacturing sector, with a focus on producing plastic products. The firm is a part of the industrial and commercial supplies industry, providing a range of plastic container solutions. TPL Plastech is known for its high-quality products which cater to various sectors, including chemicals, pharmaceuticals, and food processing. Recent developments, specific to the period under review, are not detailed in the available data. Therefore, any recent strategic initiatives or changes in market positioning remain unspecified.
Revenue
In the third quarter of the fiscal year 2025, TPL Plastech Ltd recorded a total income of ₹91.06 crores. This represents a quarter-over-quarter increase of 2.3% from ₹88.97 crores in the second quarter of FY25. On a year-over-year basis, the total income saw a growth of 10.2% from ₹82.66 crores in the third quarter of FY24. These figures indicate an upward trend in revenue generation over both the quarterly and yearly periods, reflecting the company's ability to enhance its income streams during this timeframe.
Profitability
The company's profitability metrics demonstrate significant growth in the third quarter of FY25. Profit Before Tax (PBT) reached ₹8.41 crores, marking an increase of 17.6% QoQ from ₹7.15 crores in the previous quarter and a 17.5% YoY rise from ₹7.16 crores in Q3FY24. After accounting for taxes, Profit After Tax (PAT) was ₹6.93 crores, up by 29.3% QoQ from ₹5.36 crores in Q2FY25 and 17.9% YoY from ₹5.88 crores in Q3FY24. The earnings per share (EPS) also improved, reaching ₹0.90, which is a 28.6% increase from the previous quarter's ₹0.70 and a 12.5% rise compared to ₹0.80 a year ago. These figures highlight the company's enhanced profitability over both the quarterly and annual periods.
Operating Metrics
TPL Plastech Ltd's operating metrics reveal a moderate increase in total expenses, which rose by 1.0% quarter-over-quarter from ₹81.82 crores in Q2FY25 to ₹82.64 crores in Q3FY25. Compared to the third quarter of FY24, there was a 9.5% increase from ₹75.50 crores. The tax expenses, however, decreased by 17.3% QoQ from ₹1.79 crores in Q2FY25 to ₹1.48 crores in the current quarter, though they increased by 15.6% YoY from ₹1.28 crores in Q3FY24. This reduction in tax expenses on a quarterly basis, alongside the increase in profitability, reflects the company's effective cost management strategies during this period.
