Elitecon International Limited Reports Q3 FY25 Financial Performance

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(BSE: 539533) | January 30, 2025

Key Highlights from Q3 FY25 Board Meeting

Elitecon International Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2024, following the Board of Directors’ meeting on January 30, 2025.

Financial Performance Overview

Standalone Financials (₹ in Lakhs)

ParticularsQ3 FY25Q2 FY25Q3 FY249M FY259M FY24
Net Sales/Revenue from Operations4,840.287,913.39982.9517,779.731,233.10
Total Income (Net)4,995.178,110.221,102.2018,045.491,468.31
Total Expenses4,232.577,139.731,023.8015,859.851,602.98
Profit Before Tax (PBT)884.57884.57(3.61)1,999.89(152.20)
Profit for the Period662.05884.24(23.61)1,999.89(152.20)
Earnings Per Share (Basic) (₹)54.7273.05(1.93)168.26(12.58)
The company demonstrated a strong improvement in revenue and profitability compared to the same quarter last year. The net profit for Q3 FY25 stood at ₹662.05 lakh compared to a loss of ₹23.61 lakh in Q3 FY24.

Consolidated Financials (₹ in Lakhs)

ParticularsQ3 FY259M FY25
Net Sales/Revenue from Operations9,412.4623,159.79
Total Income (Net)9,498.2923,747.49
Total Expenses8,151.2521,815.77
Profit Before Tax (PBT)1,134.172,667.03
Profit for the Period1,134.172,667.03
Earnings Per Share (Basic) (₹)110.26220.46
The consolidated results reflect the performance of subsidiaries, including Elitecon International FZ LLC and Golden Cryo Private Limited, contributing to robust revenue growth and improved margins.

Management Commentary

Vipin Sharma, Managing Director, stated:
"Elitecon International has delivered a strong performance this quarter, with significant year-over-year revenue growth. The company's strategic expansion and operational efficiency improvements are contributing to enhanced profitability. We remain committed to delivering long-term value to our stakeholders."

Strategic Developments & Outlook

  • Segment Performance: The company operates in the tobacco and allied products sector and does not have multiple business segments.
  • Growth Drivers: Increased production efficiency and market expansion in key regions are driving revenue growth.
  • Audit & Compliance: The financial results underwent a limited review by V.N. Purohit & Co., Chartered Accountants, confirming compliance with SEBI regulations.
  • Future Plans: Management aims to leverage international market opportunities and strengthen operational capabilities in upcoming quarters.

Conclusion

Elitecon International Limited has posted an impressive turnaround in its financials, marking a significant improvement over the previous fiscal year. The company’s focus on operational efficiency and strategic market expansion is expected to sustain its growth trajectory. Investors can look forward to continued progress in the coming quarters.
 
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