Shares of Himatsingka Seide Ltd slipped 3% in Friday’s session after the company reported a decline in its Q3FY25 financial results, showing lower revenue and profitability.
The company’s net sales dropped 19.6% YoY to ₹519.99 crore in Q3FY25, compared to ₹646.77 crore in the same quarter last year.
At the profitability level, net profit declined 42.76% YoY to ₹17.68 crore, down from ₹30.89 crore in Q3FY24.
EBITDA fell 11.58% YoY to ₹118.22 crore, compared to ₹133.70 crore in the same period last year, reflecting weaker operating margins.
Additionally, EPS dropped to ₹1.41 in December 2024 from ₹3.14 in December 2023, indicating a decline in per-share earnings.
Following the results, Himatsingka Seide’s stock declined to ₹133.44, down 2.95%, from the previous close of ₹137.50.
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