Mumbai, January 30, 2025 – IVP Limited (BSE: 507580 | NSE: IVP) announced its unaudited financial results for the third quarter (Q3) of FY25 and nine months ended December 31, 2024. The results were approved at the Board of Directors' meeting held today.
Key Financial Highlights (₹ in Lakh)
| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 12,936 | 12,201 | 12,233 | 38,963 | 40,388 | 54,610 |
| Other Income | 104 | 79 | 69 | 264 | 220 | 303 |
| Total Income | 13,040 | 12,280 | 12,302 | 39,227 | 40,608 | 54,913 |
| Cost of Materials Consumed | 10,994 | 9,880 | 9,711 | 31,797 | 32,037 | 43,661 |
| Employee Benefits Expense | 544 | 554 | 532 | 1,639 | 1,548 | 2,068 |
| Finance Costs | 205 | 182 | 200 | 569 | 685 | 870 |
| Depreciation & Amortization | 147 | 141 | 140 | 427 | 415 | 554 |
| Other Expenses | 1,529 | 1,314 | 1,424 | 4,203 | 4,180 | 5,512 |
| Total Expenses | 12,780 | 11,971 | 12,064 | 38,216 | 39,586 | 53,250 |
| Profit Before Tax (PBT) | 260 | 309 | 238 | 1,011 | 1,022 | 1,663 |
| Net Profit (PAT) | 189 | 216 | 171 | 748 | 784 | 1,228 |
| EPS (₹, Not Annualized) | 1.84 | 2.09 | 1.66 | 7.25 | 7.30 | 11.89 |
Segment Performance
- IVP Limited continues to operate in a single segment, focusing on chemical manufacturing.
Management Commentary
Jay Ramesh Mehta, Company Secretary & Compliance Officer, stated:Corporate Announcements
- Board Meeting: The meeting commenced at 12:30 PM and concluded at 4:15 PM.
- Statutory Auditor's Review: Rajendra & Co., Chartered Accountants, conducted a limited review and confirmed compliance with SEBI's disclosure norms.
- Accounting Compliance: The financial statements were prepared under Indian Accounting Standards (Ind AS), as per the Companies Act, 2013.