Weizmann Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Weizmann Ltd reported a 9.0% 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 0.6%.
- Its expenses for the quarter were down by 10.4% QoQ and 2.3% YoY.
- The net profit decreased 11.6% QoQ and decreased 18.8% YoY.
- The earnings per share (EPS) of Weizmann Ltd stood at 1.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 28.67 | 31.50 | 28.83 | -9.0% | -0.6% |
Total Expenses | 25.49 | 28.46 | 26.08 | -10.4% | -2.3% |
Profit Before Tax | 3.19 | 3.03 | 2.76 | 5.3% | 15.6% |
Tax | 0.82 | 0.82 | -0.10 | 0.0% | -920.0% |
Profit After Tax | 1.99 | 2.25 | 2.45 | -11.6% | -18.8% |
Earnings Per Share | 1.30 | 1.40 | 1.50 | -7.1% | -13.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Weizmann Ltd is a company whose primary operations are not detailed in the current dataset; therefore, specific information about the company's main products or services is not available. It is likely involved in a sector where financial metrics such as total income, expenses, and profit before tax are key performance indicators. Any recent major developments related to the company or its industry are not provided in the available information. For a comprehensive understanding, further research into the company's activities, market positioning, and recent strategic initiatives would be necessary.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Weizmann Ltd reported a total income of ₹28.67 crores. This represents a decrease of 9.0% when compared to the previous quarter (Q2FY25) where the total income was ₹31.50 crores. Year-over-year, the total income decreased by 0.6% from ₹28.83 crores in Q3FY24 to ₹28.67 crores in Q3FY25. The quarterly decline may suggest variability in the company's revenue streams, while the relatively small year-over-year decrease indicates some stability in annual revenues.
Profitability
For Q3FY25, Weizmann Ltd recorded a profit before tax of ₹3.19 crores, showing a 5.3% increase from ₹3.03 crores in Q2FY25. On a year-over-year basis, there was a 15.6% increase from ₹2.76 crores in Q3FY24. Despite these gains in profit before tax, the profit after tax decreased by 11.6% quarter-over-quarter from ₹2.25 crores to ₹1.99 crores and by 18.8% year-over-year from ₹2.45 crores. The tax expense remained constant at ₹0.82 crores when compared to the previous quarter but showed a reversal from a tax credit in the prior year. Earnings per share (EPS) also reflected a downward trend, decreasing by 7.1% quarter-over-quarter and 13.3% year-over-year.
Operating Metrics
The financial performance of Weizmann Ltd is characterized by the following metrics: total expenses for Q3FY25 stood at ₹25.49 crores, which decreased by 10.4% from ₹28.46 crores in Q2FY25 and by 2.3% from ₹26.08 crores in Q3FY24. This reduction in expenses could be indicative of cost-saving measures or operational efficiencies. However, without further context on the nature of these expenses, the reasons for the decrease remain unspecified. The company's focus on managing its expense base is evident from these figures, although the impact on profitability, as reflected by the net profit and EPS trends, suggests areas for further analysis and understanding.
