XPRO India Ltd's Q3FY25 Quarter Results
- 09 Feb 2025
Result Summary
- XPRO India Ltd reported a 21.1% 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 10.4%.
- Its expenses for the quarter were down by 20.9% QoQ and up 16.6% YoY.
- The net profit decreased 24.8% QoQ and decreased 30.1% YoY.
- The earnings per share (EPS) of XPRO India Ltd stood at 3.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 109.54 | 138.77 | 99.21 | -21.1% | 10.4% |
Total Expenses | 98.87 | 125.05 | 84.77 | -20.9% | 16.6% |
Profit Before Tax | 10.67 | 13.72 | 14.44 | -22.2% | -26.1% |
Tax | 3.20 | 3.79 | 3.76 | -15.6% | -14.9% |
Profit After Tax | 7.47 | 9.94 | 10.68 | -24.8% | -30.1% |
Earnings Per Share | 3.30 | 4.50 | 5.20 | -26.7% | -36.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
XPRO India Ltd is a prominent player in the manufacturing sector, known for its involvement in the production of polymer products. The company specializes in the creation of a variety of plastic and polymer-based products, which are essential across multiple industries such as packaging, consumer goods, and industrial applications. While specific recent developments about XPRO India Ltd were not provided, the company operates in a highly competitive market that is influenced by fluctuating raw material prices and technological advancements. The company's strategic focus lies in innovation and expanding its product range to cater to diverse market needs.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), XPRO India Ltd reported a total income of ₹109.54 crores. This represents a decrease of 21.1% compared to the previous quarter (Q2FY25), where the total income was ₹138.77 crores. However, on a year-over-year basis, there was an increase of 10.4% from the third quarter of the fiscal year 2024 (Q3FY24), when the total income stood at ₹99.21 crores. This data highlights a significant quarterly decline in total income but an encouraging annual growth, reflecting shifts in the company’s revenue generation over the examined periods.
Profitability
For Q3FY25, the Profit Before Tax (PBT) for XPRO India Ltd was ₹10.67 crores, showing a decline of 22.2% from ₹13.72 crores in Q2FY25. When compared to Q3FY24, where the PBT was ₹14.44 crores, there is a noticeable year-over-year decrease of 26.1%. The Profit After Tax (PAT) for Q3FY25 was ₹7.47 crores, which is a decrease of 24.8% from the previous quarter's ₹9.94 crores and a 30.1% reduction from the ₹10.68 crores reported in Q3FY24. Earnings per share (EPS) also fell, with a Q3FY25 figure of ₹3.30, down 26.7% from Q2FY25 and 36.5% from Q3FY24. These figures illustrate a downward trend in profitability both quarterly and annually.
Operating Metrics
Total expenses for XPRO India Ltd in Q3FY25 were reported at ₹98.87 crores, which is a 20.9% decrease from Q2FY25’s ₹125.05 crores. Comparatively, there's a year-over-year increase of 16.6% from the ₹84.77 crores recorded in Q3FY24. The tax expense for Q3FY25 was ₹3.20 crores, reflecting a 15.6% decrease from the previous quarter and a 14.9% decrease from the same quarter last year. The reduction in both total expenses and tax expenses on a quarterly basis aligns with the broader decline in income and profits, while the annual increase in expenses contrasts with the decrease in profitability, indicating shifts in operating efficiency and cost management over time.
