Vinyl Chemicals shares decline over 3% following weak Q3 FY25 results

Vinyl Chemicals (India) Limited shares fell over 3% following the announcement of its Q3 FY25 financial results, reflecting a mixed performance with sequential declines in revenue and profit despite marginal year-on-year growth.

Vinyl Chemicals (India) Limited reported revenue from operations at ₹146.40 crore for Q3 FY25, showing a sequential decline of 2.6% from ₹150.34 crore and a year-on-year decrease of 8.8% from ₹159.03 crore. Total income stood at ₹149.39 crore, down 2.5% QoQ from ₹151.39 crore and 6.3% YoY from ₹159.67 crore. Profit before tax (PBT) for the quarter came in at ₹6.61 crore, reflecting a 4.9% QoQ decline from ₹6.95 crore and a 29.3% YoY drop from ₹9.36 crore. Net profit was ₹5.01 crore, marking a 2.3% QoQ decrease from ₹5.13 crore and a 27.7% YoY decline from ₹6.93 crore. Expenses totaled ₹142.78 crore, registering a 1.1% QoQ decline from ₹144.44 crore and a 4.7% YoY decrease from ₹150.31 crore.

For the nine months ended December 2024, revenue from operations grew 5.5% YoY to ₹452.37 crore, compared to ₹428.74 crore, while net profit increased by 5.2% YoY to ₹15.06 crore from ₹14.31 crore. Despite the sequential declines in Q3, the nine-month performance underscores resilience amidst challenging market conditions.

Key Financial Highlights:

• Revenue from Operations: ₹146.40 crore
  • QoQ: Declined by 2.6% (from ₹150.34 crore)
  • YoY: Decreased by 8.8% (from ₹159.03 crore)
• Total Income: ₹149.39 crore
  • QoQ: Declined by 2.5% (from ₹151.39 crore)
  • YoY: Decreased by 6.3% (from ₹159.67 crore)
• Profit Before Tax (PBT): ₹6.61 crore
  • QoQ: Decreased by 4.9% (from ₹6.95 crore)
  • YoY: Declined by 29.3% (from ₹9.36 crore)
• Net Profit: ₹5.01 crore
  • QoQ: Declined by 2.3% (from ₹5.13 crore)
  • YoY: Declined by 27.7% (from ₹6.93 crore)
• Expenses: ₹142.78 crore
  • QoQ: Declined by 1.1% (from ₹144.44 crore)
  • YoY: Decreased by 4.7% (from ₹150.31 crore)

Nine-Month Performance (April – December 2024):

• Revenue from Operations: ₹452.37 crore, up 5.5% YoY (₹428.74 crore).
• Net Profit: ₹15.06 crore, up 5.2% YoY (₹14.31 crore).

Commentary:

The decline in quarterly results reflects market challenges, while the nine-month growth suggests resilience in operations.

Disclaimer: The above information is for informational purposes only and should not be considered financial or investment advice.