KCP Limited reported a sharp decline in its financial performance for the third quarter of FY25, with both revenue and net profit taking a significant hit compared to the previous year.
The company’s revenue from operations stood at ₹600.67 crore, reflecting a 22.7% YoY decline from ₹777.12 crore in Q3 FY24. This drop was primarily attributed to weaker demand and higher operational costs.
Net profit for the quarter fell 69% YoY to ₹30.73 crore, compared to ₹99.17 crore in Q3 FY24. The company’s profitability was impacted by increased expenses, including power and fuel costs, which stood at ₹109.30 crore, up from ₹105.56 crore in the previous quarter.
On a sequential basis, the company also recorded a dip in revenue, dropping from ₹602.46 crore in Q2 FY25, while net profit saw a steep decline from ₹99.17 crore in the previous quarter.
Key Financial Highlights (Q3 FY25 vs Q3 FY24)
- Revenue from Operations: ₹600.67 crore, down 22.7% YoY (vs ₹777.12 crore).
- Total Income: ₹614.44 crore, down 24.6% YoY (vs ₹814.12 crore).
- Net Profit: ₹30.73 crore, down 69% YoY (vs ₹99.17 crore).
- EBITDA: ₹104.30 crore, down 46.5% YoY (vs ₹194.66 crore).
- Total Expenses: ₹580.27 crore, down from ₹709.10 crore YoY.
- Exceptional Items: ₹16.41 crore, compared to ₹9.17 crore in the previous quarter.
The significant decline in profits despite cost reductions highlights the ongoing challenges in the company’s operations. Investors will be closely watching KCP’s strategy to navigate these headwinds in the coming quarters.
