BASF India Limited released its consolidated unaudited financial results for the quarter ending September 30, 2024. Here’s an analysis of the company’s performance:
Revenue from Operations
- Year-on-Year (YoY): Revenue rose to ₹4,247.7 crore in Q2 FY25, up from ₹3,966.9 crore in the same quarter last year.
- Quarter-on-Quarter (QoQ): Revenue also grew from ₹3,966.9 crore in the previous quarter, reflecting a continued upward trend.
Profit for the Period
- Year-on-Year (YoY): Profit was recorded at ₹127.9 crore in Q2 FY25, showing an increase compared to ₹220.5 crore in the same quarter last year.
- Quarter-on-Quarter (QoQ): Profit showed a slight decrease from ₹220.5 crore in Q1 FY25, indicating some pressure on profit margins this quarter.
The results indicate a strong revenue performance on both YoY and QoQ basis, though profit margins were slightly compressed sequentially