Worth Peripherals Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Worth Peripherals Ltd reported a 2.9% 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 14.1%.
- Its expenses for the quarter were down by 4.7% QoQ and up 10.9% YoY.
- The net profit increased 27.7% QoQ and increased 63.2% YoY.
- The earnings per share (EPS) of Worth Peripherals Ltd stood at 2.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 69.20 | 71.28 | 60.64 | -2.9% | 14.1% |
Total Expenses | 62.77 | 65.85 | 56.60 | -4.7% | 10.9% |
Profit Before Tax | 6.44 | 5.43 | 4.03 | 18.6% | 59.8% |
Tax | 1.73 | 1.75 | 1.16 | -1.1% | 49.1% |
Profit After Tax | 4.70 | 3.68 | 2.88 | 27.7% | 63.2% |
Earnings Per Share | 2.60 | 1.90 | 1.90 | 36.8% | 36.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Worth Peripherals Ltd is a company engaged in the manufacturing and distribution of corrugated packaging products. It operates within the packaging industry, providing essential materials for various sectors requiring packaging solutions. As of the latest data, specific recent major developments for the company are not available. Worth Peripherals Ltd focuses on delivering high-quality packaging products that serve a wide range of industries, contributing to its stable market presence.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Worth Peripherals Ltd reported a total income of ₹69.20 crores. This represents a sequential decrease of 2.9% compared to ₹71.28 crores in the second quarter of FY25 (Q2FY25). However, there was a significant year-over-year increase of 14.1% from ₹60.64 crores in the third quarter of FY24 (Q3FY24). The data indicates the company experienced growth in its income over the past year, although there was a slight dip when compared to the previous quarter.
Profitability
The profitability metrics for Worth Peripherals Ltd in Q3FY25 reveal a robust performance. The company achieved a profit before tax of ₹6.44 crores, marking an 18.6% increase from ₹5.43 crores in Q2FY25, and a 59.8% rise from ₹4.03 crores in Q3FY24. Following the deduction of taxes amounting to ₹1.73 crores, the profit after tax stood at ₹4.70 crores. This reflects a 27.7% increase from the previous quarter's profit after tax of ₹3.68 crores and a substantial 63.2% increase compared to Q3FY24's ₹2.88 crores. The earnings per share also improved to ₹2.60, demonstrating a 36.8% increase both quarter-over-quarter and year-over-year.
Operating Metrics
Total expenses for Worth Peripherals Ltd in Q3FY25 amounted to ₹62.77 crores, which shows a reduction of 4.7% from ₹65.85 crores in Q2FY25. Compared to Q3FY24, where expenses were ₹56.60 crores, there was a 10.9% increase. This suggests effective cost management on a quarterly basis, despite the annual rise. The tax paid in Q3FY25 was ₹1.73 crores, slightly down by 1.1% from ₹1.75 crores in Q2FY25, yet up by 49.1% from ₹1.16 crores in Q3FY24. The data illustrates the company's operational efficiencies and tax obligations over time, alongside an increase in income and profitability metrics.
