Borosil Limited’s shares took a significant hit today, falling over 10% following its Q3 FY25 earnings report, which highlighted a 4.91% year-on-year decline in standalone net profit to ₹35.47 crore. The company’s net profit in the same quarter last year stood at ₹37.30 crore. The decline in profitability was driven by a substantial 17.59% increase in total expenses, which rose to ₹306.94 crore in Q3 FY25 from ₹261.03 crore in Q3 FY24.
Despite the pressure on profits, Borosil’s standalone revenue from operations grew 11.31% YoY, reaching ₹338.1 crore compared to ₹303.76 crore in the previous year’s corresponding quarter.
EBITDA Performance:
Borosil’s EBITDA contracted by 6.3% YoY to ₹54.4 crore from ₹58 crore. The EBITDA margin also saw a decline, standing at 16.1% in Q3 FY25 versus 19% in the same quarter last year.
The market responded negatively to the results, with shares trading at ₹359.05, reflecting a significant drop from the previous close of ₹401.60.
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