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Share the post "PLASTIBLENDS INDIA ‘s Q3 2024-25 Latest News: Revenue Decreases by 6.47% 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’s sales declined by -6.47 % over the year, decrease in net sales/revenue by -0.52 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -2.41 %, Marginal decrease of -24.73% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for PLASTIBLENDS INDIA LTD.. Notable increase of 1.54 % in net profit Year to Year, PLASTIBLENDS INDIA LTD.’s profitability increased by 6.42 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 1.57 % Year to Year. EPS increased by 6.17 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 197.124 Cr | Rs. 185.346 Cr | Rs. 184.373 Cr | -0.52 % | -6.47 % |
| Expenses | Rs. 185.9 Cr | Rs. 175.57 Cr | Rs. 172.93 Cr | -1.5 % | -6.98 % |
| Operating Profit | Rs. 11.22 Cr | Rs. 9.78 Cr | Rs. 11.44 Cr | + 16.97 % | + 1.96 % |
| OPM % | 5.69 % | 5.28 % | 6.2 % | + 0.92 % | + 0.51 % |
| Other Income | Rs. 2.03 Cr | Rs. 2.632 Cr | Rs. 1.981 Cr | -24.73 % | -2.41 % |
| Interest | Rs. 0.37 Cr | Rs. 0.31 Cr | Rs. 0.3 Cr | -3.23 % | -18.92 % |
| Depreciation | Rs. 3.87 Cr | Rs. 3.81 Cr | Rs. 3.88 Cr | + 1.84 % | + 0.26 % |
| Profit before tax | Rs. 9.01 Cr | Rs. 8.29 Cr | Rs. 9.24 Cr | + 11.46 % | + 2.55 % |
| Tax % | 26.65 % | 23.86 % | 27.36 % | + 3.5 % | + 0.71 % |
| Net Profit | Rs. 6.61 Cr | Rs. 6.31 Cr | Rs. 6.71 Cr | + 6.34 % | + 1.51 % |
| EPS in Rs | Rs. 2.54 | Rs. 2.43 | Rs. 2.58 | + 6.17 % | + 1.57 % |
Today, we’re looking at PLASTIBLENDS INDIA LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -6.47 %. However, it did see a marginal slip of -0.52 % from the previous quarter. Expenses decreased slightly by -1.5 % quarter-on-quarter, aligning with the annual decline of -6.98 %. Operating profit, while up 1.96 % compared to last year, faced a quarter-on-quarter increase of 16.97 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.51 %, but an expansion of 0.92 % sequentially. Other income fell by -24.73 % compared to the last quarter, despite an annual decline of -2.41 %. Interest expenses dropped significantly by -3.23 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.92 %. Depreciation costs climbed by 1.84 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.26 %. Profit before tax grew annually by 2.55 % but saw an increase from the preceding quarter by 11.46 %.
Tax expenses as a percentage of profits increased slightly by 0.71 % compared to last year, with a more notable quarter-on-quarter increase of 3.5 %. Net profit rose by 1.51 % year-on-year but experienced a 6.34 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1.57 % but a quarterly rise of 6.17 %. In summary, PLASTIBLENDS INDIA LTD.’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. 197.124 Cr | Rs. 185.346 Cr | Rs. 184.373 Cr | -0.52 % | -6.47 % |
| Expenses | Rs. 185.9 Cr | Rs. 175.57 Cr | Rs. 172.93 Cr | -1.5 % | -6.98 % |
| Operating Profit | Rs. 11.22 Cr | Rs. 9.78 Cr | Rs. 11.44 Cr | + 16.97 % | + 1.96 % |
| Net Profit | Rs. 6.61 Cr | Rs. 6.31 Cr | Rs. 6.71 Cr | + 6.34 % | + 1.51 % |
| EPS in Rs | Rs. 2.54 | Rs. 2.43 | Rs. 2.58 | + 6.17 % | + 1.57 % |
In reviewing PLASTIBLENDS INDIA LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -6.47 % year-on-year, although there was a slight dip of -0.52 % from the previous quarter. Expenses decreased by -6.98 % compared to the previous year, with a decrease of -1.5 % quarter-on-quarter. Operating Profit surged by 1.96 % annually, and saw a 16.97 % increase from the last quarter.
Net Profit showed yearly increase of 1.51 %, and experienced a 6.34 % increase from the previous quarter. Earnings Per Share (EPS) rose by 1.57 % annually, however rose by 6.17 % compared to the last quarter. In essence, while PLASTIBLENDS INDIA LTD. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
