Shares of Manali Petrochemicals Limited gained nearly 4% to trade at ₹64.48 following the release of its Q3 FY25 financial results, which showed a decline in revenue but improved profitability compared to the previous quarter.
Stock Performance Update (as of 9:31 AM)
- Current share price: ₹64.48 (+3.55%)
- Previous close: ₹62.27
- Market cap: ₹11.09 billion
- 52-week range: ₹55.01 – ₹104.95
Key Financial Highlights (Q3 FY25)
- Revenue from operations: ₹196.1 crore, down 14.8% QoQ from ₹230.22 crore in Q2 FY25 and 4.2% YoY from ₹204.75 crore in Q3 FY24.
- Total income: ₹200.49 crore, down 15% QoQ from ₹236.01 crore in the previous quarter.
- Total expenses: ₹192.81 crore, a decline from ₹235.46 crore in Q2 FY25.
- Profit before tax (PBT): ₹7.68 crore, up from ₹55 lakh in Q2 FY25.
- Net profit: ₹5.27 crore, compared to ₹20 lakh in Q2 FY25 and ₹2.94 crore in Q3 FY24.
Year-to-date Performance (April-December 2024)
- Total revenue: ₹683.30 crore, down from ₹798.88 crore in the same period last year.
- Total expenses: ₹657.18 crore, a decline from ₹773.53 crore.
- Net profit: ₹18.51 crore, slightly higher than ₹17.91 crore YoY.
Key Cost Highlights
- Cost of materials consumed: ₹128.49 crore, down from ₹211.98 crore in Q2 FY25.
- Utility expenses: ₹24.39 crore, up from ₹22.44 crore in Q2 FY25.
- Employee benefits expense: ₹18.18 crore, marginally up from ₹18.05 crore.
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