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Share the post "Platinum Industries ‘s Q3 2024-25 Latest News: Profit Rises by 11.09% YoY"
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 33.28 % in the past year, substantial increase in net sales/revenue by 0.27 %. 🔹 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 1231.82 %. Marginal decrease of -47.06% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Platinum Industries Limited. Notable increase of 11.04 % in net profit Year to Year, Platinum Industries Limited’s profitability dropped by -24.65 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -18.44 % Year to Year. EPS decreased by -24.62 % 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. 58.871 Cr | Rs. 78.25 Cr | Rs. 78.465 Cr | + 0.27 % | + 33.28 % |
| Expenses | Rs. 45.44 Cr | Rs. 64.48 Cr | Rs. 65.14 Cr | + 1.02 % | + 43.35 % |
| Operating Profit | Rs. 13.43 Cr | Rs. 13.77 Cr | Rs. 13.33 Cr | -3.2 % | -0.74 % |
| OPM % | 22.81 % | 17.6 % | 16.99 % | -0.61 % | -5.82 % |
| Other Income | Rs. 0.242 Cr | Rs. 6.088 Cr | Rs. 3.223 Cr | -47.06 % | + 1231.82 % |
| Interest | Rs. 0.23 Cr | Rs. 0.43 Cr | Rs. 0.29 Cr | -32.56 % | + 26.09 % |
| Depreciation | Rs. 0.4 Cr | Rs. 0.38 Cr | Rs. 1.02 Cr | + 168.42 % | + 155 % |
| Profit before tax | Rs. 13.04 Cr | Rs. 19.05 Cr | Rs. 15.24 Cr | -20 % | + 16.87 % |
| Tax % | 24.61 % | 23.94 % | 28.35 % | + 4.41 % | + 3.74 % |
| Net Profit | Rs. 9.83 Cr | Rs. 14.49 Cr | Rs. 10.92 Cr | -24.64 % | + 11.09 % |
| EPS in Rs | Rs. 2.44 | Rs. 2.64 | Rs. 1.99 | -24.62 % | -18.44 % |
Today, we’re looking at Platinum Industries 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 33.28 %. However, it did see a marginal increase of 0.27 % from the previous quarter. Expenses ticked up slightly by 1.02 % quarter-on-quarter, aligning with the annual rise of 43.35 %. Operating profit, while down -0.74 % compared to last year, faced a quarter-on-quarter dip of -3.2 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.82 %, but a shrinkage of -0.61 % sequentially. Other income fell by -47.06 % compared to the last quarter, despite an annual growth of 1231.82 %. Interest expenses dropped significantly by -32.56 % from the previous quarter, yet the year-over-year increase remains at a moderate 26.09 %. Depreciation costs climbed by 168.42 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 155 %. Profit before tax grew annually by 16.87 % but saw a reduction from the preceding quarter by -20 %.
Tax expenses as a percentage of profits increased slightly by 3.74 % compared to last year, with a more notable quarter-on-quarter increase of 4.41 %. Net profit rose by 11.09 % year-on-year but witnessed a -24.64 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -18.44 % but a quarterly fall of -24.62 %. In summary, Platinum Industries 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. 58.871 Cr | Rs. 78.25 Cr | Rs. 78.465 Cr | + 0.27 % | + 33.28 % |
| Expenses | Rs. 45.44 Cr | Rs. 64.48 Cr | Rs. 65.14 Cr | + 1.02 % | + 43.35 % |
| Operating Profit | Rs. 13.43 Cr | Rs. 13.77 Cr | Rs. 13.33 Cr | -3.2 % | -0.74 % |
| Net Profit | Rs. 9.83 Cr | Rs. 14.49 Cr | Rs. 10.92 Cr | -24.64 % | + 11.09 % |
| EPS in Rs | Rs. 2.44 | Rs. 2.64 | Rs. 1.99 | -24.62 % | -18.44 % |
In reviewing Platinum Industries Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.28 % year-on-year growth, however, there was a minor increase of 0.27 % from the previous quarter. Expenses rose by 43.35 % compared to the previous year, with a 1.02 % increase quarter-on-quarter. Operating Profit dropped by -0.74 % annually, and saw a -3.2 % decrease from the last quarter.
Net Profit showed yearly increase of 11.09 %, and experienced a -24.64 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -18.44 % annually, however dipped by -24.62 % compared to the last quarter. In essence, while Platinum Industries Limited faces strong annual decline 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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