Graphite India Ltd. has reported its Q2 FY25 financial results, reflecting mixed performance with both sequential and year-over-year variations. Below is a summary of the key figures and comparisons.
Key Financial Highlights for Q2 FY25:
- Revenue from Operations: ₹643 crore, a 18.9% decline Year-over-Year (YoY) from ₹793 crore in Q2 FY24, and an 11.7% decrease from ₹728 crore in Q1 FY25.
- Total Income: ₹811 crore, down from ₹884 crore in Q2 FY24, indicating a subdued demand environment.
- Profit Before Tax (PBT): ₹252 crore, compared to ₹284 crore in Q2 FY24, reflecting a decrease in profitability due to higher operational costs.
- Net Profit (PAT): ₹194 crore, a decline from ₹236 crore in the same period last year, showcasing a 17.8% decrease YoY.
Sequential Comparison (QoQ):
- Revenue from Operations: Decreased by 11.7% from ₹728 crore in Q1 FY25.
- Net Profit (PAT): Reduced from ₹236 crore in Q1 FY25, reflecting ongoing cost pressures.
Analysis: The company’s YoY decline in revenue and profit highlights the challenges faced in the market environment. The sequential decline may suggest a temporary dip in demand or increased competition in the sector. However, Graphite India’s efficient cost management is likely to support its long-term resilience.
TOPICS:
Graphite India