Shares of Agarwal Industrial Corporation Ltd fell 5.6% on Wednesday following the release of its Q3 FY25 financial results. The stock declined to ₹932.00, down ₹55.20 from its previous close of ₹987.20.
The company’s consolidated net profit for the quarter ended December 31, 2024, stood at ₹27.70 crore, marginally up from ₹27.62 crore reported in Q3 FY24.
Key Financial Highlights (Q3 FY25 vs Q3 FY24):
- Revenue from Operations: ₹542.11 crore, up 10.8% from ₹488.18 crore.
- Total Income: ₹544.59 crore, up from ₹489.08 crore.
- Total Expenses: ₹517.07 crore, compared to ₹455.71 crore, a rise of 13.4%.
- Profit Before Tax: ₹33.88 crore, a marginal increase from ₹33.37 crore.
- Net Profit: ₹27.70 crore, flat from ₹27.62 crore.
The increase in expenses impacted the company’s net profitability despite a rise in revenue. Employee costs, finance costs, and material expenses contributed to the higher expenditure.
The stock witnessed selling pressure after the earnings report, with investors reacting to the slight decline in net profit and increased operational costs. The stock hit an intra-day low of ₹910.20 before stabilizing.
The company’s market capitalization currently stands at ₹13.79 billion. While revenue growth remains positive, margin pressures may weigh on future performance.
Disclaimer:
The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.
