Vidhi Specialty Food Ingredients Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Vidhi Specialty Food Ingredients Ltd reported a 7.1% 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 56.5%.
- Its expenses for the quarter were up by 3.9% QoQ and 59.1% YoY.
- The net profit increased 23.4% QoQ and increased 48.2% YoY.
- The earnings per share (EPS) of Vidhi Specialty Food Ingredients Ltd stood at 2.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 98.61 | 92.06 | 63.01 | 7.1% | 56.5% |
Total Expenses | 81.62 | 78.52 | 51.30 | 3.9% | 59.1% |
Profit Before Tax | 16.99 | 13.54 | 11.71 | 25.5% | 45.1% |
Tax | 4.26 | 3.22 | 3.12 | 32.3% | 36.5% |
Profit After Tax | 12.73 | 10.32 | 8.59 | 23.4% | 48.2% |
Earnings Per Share | 2.50 | 1.80 | 1.70 | 38.9% | 47.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Vidhi Specialty Food Ingredients Ltd is a company primarily engaged in the production and distribution of food colorants. It operates within the specialty chemicals industry, which caters to the food and beverage sector among others. The company is known for its synthetic food colors, which are used globally in various applications, including food and confectionery products. Vidhi Specialty Food Ingredients Ltd has been focusing on expanding its market reach and enhancing its production capabilities. Recent developments specific to Vidhi Specialty Food Ingredients Ltd are not available in the provided data, but the company continues to be recognized for its emphasis on quality and innovation in food color manufacturing.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Vidhi Specialty Food Ingredients Ltd reported a total income of ₹98.61 crores. This represents a 7.1% increase from the previous quarter (Q2FY25), where the total income was ₹92.06 crores. When compared to the same quarter of the previous year (Q3FY24), the total income has grown by 56.5%, rising from ₹63.01 crores. This substantial year-over-year growth indicates a significant increase in the company's revenue generation capabilities over the past year. The consistent quarter-over-quarter growth also reflects steady progress in the company's revenue performance.
Profitability
The profitability of Vidhi Specialty Food Ingredients Ltd has shown notable improvement in Q3FY25. The company achieved a profit before tax (PBT) of ₹16.99 crores, marking a 25.5% increase from ₹13.54 crores in Q2FY25. Compared to Q3FY24, where the PBT was ₹11.71 crores, there is a 45.1% increase. The profit after tax (PAT) for Q3FY25 was ₹12.73 crores, up 23.4% from ₹10.32 crores in the previous quarter and 48.2% from ₹8.59 crores in the same quarter last year. The earnings per share (EPS) increased from ₹1.80 in Q2FY25 to ₹2.50 in Q3FY25, a rise of 38.9%, and up from ₹1.70 in Q3FY24, reflecting a 47.1% year-over-year increase. These figures highlight robust growth in profitability metrics both on a quarterly and annual basis.
Operating Metrics
The total expenses for Vidhi Specialty Food Ingredients Ltd in Q3FY25 were ₹81.62 crores, which was an increase of 3.9% from ₹78.52 crores in Q2FY25. Compared to Q3FY24, where expenses were ₹51.30 crores, there is a considerable year-over-year increase of 59.1%. The tax paid in Q3FY25 was ₹4.26 crores, up 32.3% from ₹3.22 crores in Q2FY25 and 36.5% from ₹3.12 crores in Q3FY24. These figures indicate that while the company has been successful in growing its income, there has also been a proportional increase in expenses and tax obligations. The consistent increase in earnings per share alongside these metrics suggests effective management of operational costs relative to revenue growth.
