Vadilal Industries Ltd's Q3FY25 Quarter Results
- 01 Feb 2025
Result Summary
- Vadilal Industries Ltd reported a 30.8% 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 growth of 17.0%.
- Its expenses for the quarter were down by 23.3% QoQ and up 9.0% YoY.
- The net profit decreased 69.4% QoQ and increased 29.1% YoY.
- The earnings per share (EPS) of Vadilal Industries Ltd stood at 16.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 208.34 | 300.92 | 178.10 | -30.8% | 17.0% |
Total Expenses | 190.93 | 249.04 | 175.12 | -23.3% | 9.0% |
Profit Before Tax | 17.41 | 51.88 | 2.98 | -66.4% | 484.2% |
Tax | 5.48 | 12.90 | -6.26 | -57.5% | -187.5% |
Profit After Tax | 11.93 | 38.98 | 9.24 | -69.4% | 29.1% |
Earnings Per Share | 16.60 | 54.20 | 12.90 | -69.4% | 28.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Vadilal Industries Ltd is a renowned company primarily engaged in the production and sale of ice creams and frozen desserts. It operates in the food processing industry, with a significant presence in both domestic and international markets. The company is known for its wide variety of ice cream products, catering to diverse tastes and preferences. Vadilal has established a strong brand presence over the years, with a focus on quality and innovation in its product offerings. Recently, there have been no specific major developments provided in the data to comment on.
Revenue
In Q3FY25, Vadilal Industries Ltd reported a total income of ₹208.34 crores, which marks a decline of 30.8% from the previous quarter (Q2FY25), where total income stood at ₹300.92 crores. However, on a year-over-year basis, the total income increased by 17.0% compared to Q3FY24, when it was ₹178.10 crores. This suggests that while there was a quarter-over-quarter decline, the company experienced growth in its total income over the past year. The fluctuations in revenue across different quarters could be attributed to seasonal variations or changes in market demand, which are common in the ice cream industry.
Profitability
For Q3FY25, Vadilal Industries Ltd recorded a Profit Before Tax (PBT) of ₹17.41 crores, which is a significant decrease of 66.4% from the previous quarter's PBT of ₹51.88 crores. Despite this quarter-over-quarter decline, the year-over-year change shows a substantial increase of 484.2% from Q3FY24's PBT of ₹2.98 crores. The Profit After Tax (PAT) for Q3FY25 was ₹11.93 crores, reflecting a 69.4% decrease from Q2FY25, but a year-over-year increase of 29.1% compared to Q3FY24. The tax component for this quarter was ₹5.48 crores, a decrease from the previous quarter's tax of ₹12.90 crores. Analyzing these figures indicates a strong improvement in year-over-year profitability despite quarterly fluctuations.
Operating Metrics
The company's Earnings Per Share (EPS) for Q3FY25 stood at ₹16.60, down from ₹54.20 in Q2FY25, representing a 69.4% decrease. However, compared to Q3FY24, where the EPS was ₹12.90, there was an increase of 28.7%. Total Expenses for the quarter were ₹190.93 crores, which is 23.3% less than the previous quarter's expenses of ₹249.04 crores, yet 9.0% higher than ₹175.12 crores reported in Q3FY24. These metrics suggest a more efficient cost management on a quarter-over-quarter basis, while year-over-year figures show an increase in expenses, which may correlate with the revenue growth over the same period. The changes in EPS and expenses highlight variations in the company's operational efficiency and cost structure across different periods.
