Dalmia Bharat Sugar & Industries Ltd's Q3FY25 Quarterly Results

Result Summary

• Dalmia Bharat Sugar & Industries Ltd reported a 8.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 41.6%.
• Its expenses for the quarter were down by 12.9% QoQ and up 53.2% YoY.
• The net profit decreased 10.1% QoQ and decreased 8.3% YoY.
• The earnings per share (EPS) of Dalmia Bharat Sugar & Industries Ltd stood at 7.3 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Dalmia Bharat Sugar & Industries Ltd is a prominent player in the sugar industry, primarily engaged in the production of sugar and related products. The company operates within the larger agricultural sector, with a focus on integrating sugar production with other agro-based industries. It is known for its diversification into by-products such as molasses, bagasse, and ethanol, contributing to its revenue streams. The company has been involved in advancements within the renewable energy sector, utilizing by-products for power generation. Any recent major developments specific to the company are not available within the provided data.

Revenue

In Q3FY25, Dalmia Bharat Sugar & Industries Ltd reported total income of ₹864.01 crores, marking a decrease of 8.3% from the previous quarter (Q2FY25), where the total income was ₹942.37 crores. However, when compared to the same quarter in the previous year (Q3FY24), there was a substantial increase of 41.6%, as the total income then was ₹610.12 crores. This year-over-year growth indicates a significant rise in revenue over the twelve-month period. The quarter-over-quarter decline suggests a decrease in revenue generation compared to the previous quarter, despite the annual growth.

Profitability

The company's profit before tax in Q3FY25 was ₹75.86 crores, which is a 100.2% increase from Q2FY25's ₹37.89 crores. However, it represents a 20.7% decrease compared to Q3FY24's ₹95.65 crores. The tax expense in Q3FY25 was ₹16.35 crores, which contrasts with a negative tax entry in Q2FY25 of -₹28.29 crores, and a higher tax burden in Q3FY24 of ₹30.73 crores. Consequently, the profit after tax for Q3FY25 stood at ₹59.51 crores, showing a decline of 10.1% from Q2FY25's ₹66.18 crores and a decrease of 8.3% from Q3FY24's ₹64.92 crores. The earnings per share followed a similar pattern, reducing to ₹7.30 in Q3FY25 from ₹8.20 in the previous quarter, and from ₹8.00 in the same quarter of the previous year.

Operating Metrics

Total expenses for Dalmia Bharat Sugar & Industries Ltd in Q3FY25 amounted to ₹788.15 crores, which is a reduction of 12.9% from the last quarter's expenses of ₹904.48 crores. However, these expenses were significantly higher by 53.2% compared to Q3FY24, when they were ₹514.47 crores. The reduction in expenses quarter-over-quarter contrasts with the revenue trend, while the year-over-year increase in expenses aligns with the revenue growth over the same period. This performance metric reflects the company's operational cost adjustments over the quarters and year.