Noida, February 4, 2025 – India Glycols Limited (BSE: 500201, NSE: INDIAGLYCO) has announced its unaudited financial results for the quarter and nine months ended December 31, 2024, reporting a significant increase in revenue and profitability.
Key Financial Highlights (Standalone)
Particulars
Q3 FY25
Q2 FY25
Q3 FY24
9M FY25
9M FY24
FY24
Revenue from Operations (₹ Cr.)
2,423.76
2,143.63
2,119.19
6,849.82
5,882.20
7,918.77
Total Income (₹ Cr.)
2,429.58
2,147.97
2,123.74
6,862.78
5,903.28
7,944.50
EBITDA (₹ Cr.)
129.98
120.69
107.71
376.10
313.69
423.48
Profit Before Tax (₹ Cr.)
58.45
53.20
50.05
173.66
150.92
202.05
Net Profit (₹ Cr.)
43.84
39.45
37.79
130.03
113.99
151.73
EPS (₹ per Share)
14.16
12.74
12.21
42.00
36.82
49.01
Year-on-Year (YoY) Growth:
Revenue increased 14.1% in 9M FY25 over 9M FY24.
Net Profit surged by 14.1% for the same period.
EBITDA margin improved, supported by cost efficiencies and operational performance.
Share of Profit from Joint Venture: ₹ 13.48 Cr. in Q3 FY25, up from ₹ 4.73 Cr. in Q3 FY24.
Strong consolidated net profit growth due to better operating efficiencies and joint venture performance.
Management Commentary
U.S. Bhartia, Chairman and Managing Director, stated: "India Glycols has delivered a strong quarter with robust revenue growth and improved margins. The Potable Spirits and Bio-Fuel segments have been major contributors. Our strategic focus on operational efficiency and expansion into higher-margin businesses is yielding positive results. We remain committed to sustainable growth and creating long-term value for stakeholders."
Strategic Developments & Outlook
Expansion in Potable Spirits: Increased market penetration and new product launches.
Bio-Fuel Growth: Rising demand for sustainable energy solutions supporting revenue increase.
Cost Management Initiatives: Improved cost efficiency and reduced financing costs to sustain margins.
Sustainable Product Innovation: Focus on environmentally friendly chemical solutions for long-term growth.
India Glycols Limited remains optimistic about FY25, backed by strong demand, operational improvements, and strategic investments.