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Share the post "IG Petrochemicals ‘s Q3 2024-25 Latest News: Revenue Up by 14.34% Year-on-Year"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 14.34 % in the past year, decrease in net sales/revenue by -4.27 %. 🔹 Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 30.9 %. Marginal increase in other income during this quarter, up by 91.78%. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for IG Petrochemicals Limited. Profit dropped by -282.09 % Year to Year, IG Petrochemicals Limited’s profitability dropped by -1.99 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -282.02 % Year to Year. EPS decreased by -1.96 % in previous quarter. Analysis needed for shareholder value.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 488.046 Cr | Rs. 582.959 Cr | Rs. 558.051 Cr | -4.27 % | + 14.34 % |
| Expenses | Rs. 493.93 Cr | Rs. 518.66 Cr | Rs. 512.36 Cr | -1.21 % | + 3.73 % |
| Operating Profit | Rs. -5.88 Cr | Rs. 64.3 Cr | Rs. 45.69 Cr | -28.94 % | + 877.04 % |
| OPM % | -1.2 % | 11.03 % | 8.19 % | -2.84 % | + 9.39 % |
| Other Income | Rs. 6.609 Cr | Rs. 4.511 Cr | Rs. 8.651 Cr | + 91.78 % | + 30.9 % |
| Interest | Rs. 8.19 Cr | Rs. 16.09 Cr | Rs. 2.55 Cr | -84.15 % | -68.86 % |
| Depreciation | Rs. 12.5 Cr | Rs. 16.29 Cr | Rs. 16.38 Cr | + 0.55 % | + 31.04 % |
| Profit before tax | Rs. -19.96 Cr | Rs. 36.43 Cr | Rs. 35.41 Cr | -2.8 % | + 277.4 % |
| Tax % | -23.68 % | 22.28 % | 21.64 % | -0.64 % | + 45.32 % |
| Net Profit | Rs. -15.24 Cr | Rs. 28.31 Cr | Rs. 27.75 Cr | -1.98 % | + 282.09 % |
| EPS in Rs | Rs. -4.95 | Rs. 9.19 | Rs. 9.01 | -1.96 % | + 282.02 % |
Today, we’re looking at IG Petrochemicals Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 14.34 %. However, it did see a marginal slip of -4.27 % from the previous quarter. Expenses decreased slightly by -1.21 % quarter-on-quarter, aligning with the annual rise of 3.73 %. Operating profit, while up 877.04 % compared to last year, faced a quarter-on-quarter dip of -28.94 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 9.39 %, but a shrinkage of -2.84 % sequentially. Other income rose by 91.78 % compared to the last quarter, despite an annual growth of 30.9 %. Interest expenses dropped significantly by -84.15 % from the previous quarter, yet the year-over-year decrease remains at a moderate -68.86 %. Depreciation costs climbed by 0.55 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 31.04 %. Profit before tax grew annually by 277.4 % but saw a reduction from the preceding quarter by -2.8 %.
Tax expenses as a percentage of profits increased slightly by 45.32 % compared to last year, with a more notable quarter-on-quarter decrease of -0.64 %. Net profit rose by 282.09 % year-on-year but witnessed a -1.98 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 282.02 % but a quarterly fall of -1.96 %. In summary, IG Petrochemicals Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 488.046 Cr | Rs. 582.959 Cr | Rs. 558.051 Cr | -4.27 % | + 14.34 % |
| Expenses | Rs. 493.93 Cr | Rs. 518.66 Cr | Rs. 512.36 Cr | -1.21 % | + 3.73 % |
| Operating Profit | Rs. -5.88 Cr | Rs. 64.3 Cr | Rs. 45.69 Cr | -28.94 % | + 877.04 % |
| Net Profit | Rs. -15.24 Cr | Rs. 28.31 Cr | Rs. 27.75 Cr | -1.98 % | + 282.09 % |
| EPS in Rs | Rs. -4.95 | Rs. 9.19 | Rs. 9.01 | -1.96 % | + 282.02 % |
In reviewing IG Petrochemicals Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.34 % year-on-year growth, although there was a slight dip of -4.27 % from the previous quarter. Expenses rose by 3.73 % compared to the previous year, with a decrease of -1.21 % quarter-on-quarter. Operating Profit surged by 877.04 % annually, and saw a -28.94 % decrease from the last quarter.
Net Profit showed yearly increase of 282.09 %, and experienced a -1.98 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 282.02 % annually, however dipped by -1.96 % compared to the last quarter. In essence, while IG Petrochemicals Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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