Elantas Beck India Limited witnessed a decline of over 3% in its stock price on Q3 results. As of 9:46 AM, the shares were trading 3.35% lower at Rs 8,596.95.
The company reported a total income of ₹207.04 crore, marking a 5.6% increase from ₹196.06 crore in the previous quarter. Revenue from operations stood at ₹196.97 crore, reflecting a 13.31% year-on-year (YoY) growth, while other income contributed ₹10.07 crore.
The company’s total expenses rose to ₹167.06 crore, up from ₹154.46 crore in Q2 FY25. The cost of materials consumed stood at ₹118.30 crore, while employee benefit expenses amounted to ₹12.54 crore. Despite the rising costs, Elantas Beck posted a profit before tax (PBT) of ₹39.97 crore.
However, net profit declined to ₹29.74 crore from ₹36.99 crore in the previous quarter, largely due to higher tax expenses. Still, on a YoY basis, net profit grew by 19.59% compared to Q3 FY24.
Elantas Beck India’s shares opened at ₹8,750, reaching a high of ₹8,750 and a low of ₹8,451.10. The stock remains significantly below its 52-week high of ₹14,980 but above the 52-week low of ₹7,601.05.
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