Ponni Sugars (Erode) Limited has announced its unaudited financial results for the quarter ended December 31, 2024, reflecting mixed performance amidst challenging market conditions. Here’s an overview:
Key Financial Highlights (₹ in Crores)
- Revenue from Operations:
- Q3 FY25: ₹115.74 crore
- QoQ: Increased by 22% (from ₹94.54 crore in Q2 FY25)
- YoY: Decreased by 7% (from ₹124.43 crore in Q3 FY24)
- Total Income:
- Q3 FY25: ₹116.66 crore
- QoQ: Increased by 18% (from ₹98.10 crore in Q2 FY25)
- YoY: Decreased by 7.8% (from ₹126.47 crore in Q3 FY24)
- Profit Before Tax (PBT):
- Q3 FY25: ₹2.61 crore
- QoQ: Declined by 81% (from ₹13.78 crore in Q2 FY25)
- YoY: Decreased by 82% (from ₹14.69 crore in Q3 FY24)
- Net Profit for the Period:
- Q3 FY25: ₹2.41 crore
- QoQ: Declined by 79% (from ₹11.53 crore in Q2 FY25)
- YoY: Decreased by 79% (from ₹11.65 crore in Q3 FY24)
- Total Expenses:
- Q3 FY25: ₹114.05 crore
- QoQ: Increased by 35% (from ₹84.32 crore in Q2 FY25)
- YoY: Increased by 2% (from ₹111.78 crore in Q3 FY24)
Expense Breakdown:
- Cost of Materials Consumed: ₹62.20 crore (QoQ: Decreased by 26.8%, YoY: Decreased by 25.4%)
- Changes in Inventories of Finished Goods and WIP: ₹28.21 crore (QoQ: Inventory buildup; YoY: Significant increase).
- Power & Fuel Costs: ₹9.93 crore (QoQ: Declined; YoY: Increased).
- Employee Benefits Expense: ₹6.17 crore (QoQ: Increased; YoY: Increased).
- Depreciation & Amortization: ₹2.47 crore (Stable sequentially and YoY).
Nine-Month Performance (April to December 2024):
- Revenue from Operations: ₹265.01 crore, down 24.3% YoY (₹350 crore for the same period last year).
- Net Profit: ₹14.75 crore, down 55.7% YoY (₹33.30 crore in the same period last year).
