Vadodara, January 31, 2025 — Gujarat Containers Limited (BSE: 513507) announced its unaudited financial results for the quarter ended December 31, 2024, reporting a stable financial performance amidst a competitive market.
Key Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 3,653.19 | 3,832.52 | 3,772.54 | 11,552.76 | 10,532.80 | 14,147.63 |
| Total Income | 3,655.54 | 3,832.79 | 3,772.59 | 11,557.35 | 10,534.74 | 14,156.52 |
| Total Expenses | 3,367.13 | 3,566.40 | 3,486.04 | 10,662.28 | 9,579.70 | 12,953.45 |
| Profit Before Tax | 288.41 | 266.39 | 286.54 | 895.06 | 955.04 | 1,203.07 |
| Net Profit After Tax | 220.00 | 193.71 | 217.11 | 661.42 | 701.53 | 901.68 |
| Earnings Per Share (EPS) (₹) | 3.89 | 3.43 | 3.84 | 11.71 | 12.42 | 15.96 |
Quarterly Performance Analysis
- The total revenue stood at ₹3,655.54 lakhs, reflecting a YoY decline of 3.1% and QoQ decline of 4.6%.
- Raw material costs decreased slightly to ₹2,590.23 lakhs, in line with lower sales volumes.
- Net profit increased to ₹220 lakhs, a YoY rise of 1.3%, supported by lower tax expenses.
- EPS for Q3 FY25 was ₹3.89, compared to ₹3.84 in Q3 FY24.
Nine-Month Performance
- The company achieved a 9M FY25 revenue of ₹11,552.76 lakhs, a YoY increase of 9.7%.
- Net profit for 9M FY25 stood at ₹661.42 lakhs, down 5.7% YoY, attributed to higher finance costs and depreciation.
- Cost optimization measures helped maintain a healthy profit margin despite inflationary pressures.
Management Commentary
Vipul Chhetariya, Company Secretary & Compliance Officer, stated,"The company continues to maintain stable profitability despite market fluctuations. We remain committed to cost efficiency and growth strategies to enhance shareholder value."
Limited Review by Auditors
The unaudited financial results have undergone a limited review by CNK & Associates LLP, with no material discrepancies or qualifications.Outlook
- Capacity expansion is ongoing with a new facility at Dahej-II, GIDC Estate, expected to enhance production capabilities.
- The company expects steady demand growth in the packaging materials segment.
- Focus remains on cost control and operational efficiencies to drive future profitability.