Venky’s India Limited reported a notable 162% quarter-on-quarter increase in its profit for Q3 FY25, with net profit rising to Rs 20.38 crore compared to Rs 7.76 crore in the previous quarter. On a year-on-year basis, however, the company saw a turnaround from a loss of Rs 7.94 crore in Q3 FY24.
Key Highlights:
- Revenue: The company reported revenue from operations at Rs 881.61 crore in Q3 FY25, showing a sequential rise from Rs 774.20 crore but a decline of 7.5% YoY when compared to Rs 953.17 crore in the same quarter last year.
- Profit Before Tax (PBT): PBT stood at Rs 27.85 crore compared to Rs 11 crore in the preceding quarter and a loss of Rs 10.48 crore YoY.
- Expenses: Total expenses for the quarter amounted to Rs 865.55 crore, compared to Rs 773.23 crore in Q2 FY25 and Rs 973.44 crore in Q3 FY24.
The company’s improved performance was driven by better operational efficiencies, a reduction in material costs, and favorable changes in inventory valuation. Venky’s continues to focus on streamlining production and optimizing its cost structure.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Always consult a financial advisor before making investment decisions.
