Vinyl Chemicals (India) Limited has released its financial results for the quarter ended December 31, 2024, showcasing mixed performance with a sequential decline in revenue and profit but marginal year-on-year growth.
Key Financial Highlights:
- Revenue from Operations: ₹146.40 crore
- QoQ: Declined by 2.6% (from ₹150.34 crore in Q2 FY25)
- YoY: Decreased by 8.8% (from ₹159.03 crore in Q3 FY24)
- Total Income: ₹149.39 crore
- QoQ: Declined by 2.5% (from ₹151.39 crore in Q2 FY25)
- YoY: Decreased by 6.3% (from ₹159.67 crore in Q3 FY24)
- Profit Before Tax (PBT): ₹6.61 crore
- QoQ: Decreased by 4.9% (from ₹6.95 crore in Q2 FY25)
- YoY: Declined by 29.3% (from ₹9.36 crore in Q3 FY24)
- Net Profit: ₹5.01 crore
- QoQ: Declined by 2.3% (from ₹5.13 crore in Q2 FY25)
- YoY: Declined by 27.7% (from ₹6.93 crore in Q3 FY24)
- Expenses: ₹142.78 crore
- QoQ: Declined by 1.1% (from ₹144.44 crore in Q2 FY25)
- YoY: Decreased by 4.7% (from ₹150.31 crore in Q3 FY24)
Nine-Month Performance (April – December 2024):
- Revenue from Operations: ₹452.37 crore, up 5.5% YoY (₹428.74 crore).
- Net Profit: ₹15.06 crore, up 5.2% YoY (₹14.31 crore).
Commentary:
The sequential decline in revenue and profit reflects challenging market conditions, while year-on-year growth in the nine-month period highlights operational resilience.
Disclaimer: The above information is for informational purposes only and should not be considered financial or investment advice.