West Coast Paper Mills Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- West Coast Paper Mills Ltd reported a 1.3% 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 0.1%.
- Its expenses for the quarter were up by 3.3% QoQ and 13.3% YoY.
- The net profit decreased 33.0% QoQ and decreased 57.5% YoY.
- The earnings per share (EPS) of West Coast Paper Mills Ltd stood at 9.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1085.23 | 1099.14 | 1086.51 | -1.3% | -0.1% |
Total Expenses | 996.34 | 964.05 | 879.74 | 3.3% | 13.3% |
Profit Before Tax | 88.89 | 135.10 | 206.77 | -34.2% | -57.0% |
Tax | 21.48 | 34.53 | 48.01 | -37.8% | -55.3% |
Profit After Tax | 67.41 | 100.57 | 158.77 | -33.0% | -57.5% |
Earnings Per Share | 9.70 | 13.50 | 20.60 | -28.1% | -52.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
West Coast Paper Mills Ltd is a prominent player in the paper manufacturing industry. The company specializes in producing a wide range of paper products, including writing and printing paper, which are essential in various sectors such as education, publishing, and business communications. The industry is characterized by its reliance on raw materials like wood pulp and is subject to fluctuations based on environmental regulations and market demand. Recent developments in the industry include a growing emphasis on sustainability and eco-friendly production processes. As of the latest data available, specific recent major developments for West Coast Paper Mills Ltd are not provided.
Revenue
In the third quarter of the financial year 2025 (Q3FY25), West Coast Paper Mills Ltd reported a total income of ₹1085.23 crores. This represents a slight decrease of 1.3% compared to the previous quarter (Q2FY25), where the total income was ₹1099.14 crores. Year-over-year (YoY) analysis shows a marginal decline of 0.1% from Q3FY24, where the total income was ₹1086.51 crores. This indicates stability in the revenue stream over the past year, with minimal fluctuations in quarterly income.
Profitability
The company's profitability metrics indicate a decline over the recent quarters. Profit Before Tax (PBT) for Q3FY25 was ₹88.89 crores, marking a significant decrease of 34.2% compared to Q2FY25 and a sharper decline of 57.0% from Q3FY24. This downward trend is mirrored in the Profit After Tax (PAT), which stood at ₹67.41 crores in Q3FY25, down 33.0% from the previous quarter and 57.5% from the same quarter last year. The Earnings Per Share (EPS) also followed a similar trend, decreasing to ₹9.70 in Q3FY25 from ₹13.50 in Q2FY25 and ₹20.60 in Q3FY24, reflecting a YoY decline of 52.9%.
Operating Metrics
Total expenses for West Coast Paper Mills Ltd in Q3FY25 were recorded at ₹996.34 crores, showing an increase of 3.3% from Q2FY25's expenses of ₹964.05 crores. Year-over-year, total expenses rose by 13.3% from ₹879.74 crores in Q3FY24. The tax outgo for Q3FY25 was ₹21.48 crores, which decreased by 37.8% from the previous quarter and 55.3% from the same period last year. These figures highlight an increase in operational costs over the year coupled with a decrease in tax expenses, potentially impacting the overall financial structure and profitability of the company.
