Mayur Uniquoters Ltd. Reports Q3 FY25 Financial Results, Announces Key Management Appointments

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Jaipur, January 31, 2025Mayur Uniquoters Limited (BSE: 522249, NSE: MAYURUNIQ), a leading manufacturer of synthetic leather, has announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The company reported strong revenue growth and improved profitability, highlighting its resilient operational performance.

Financial Performance: Q3 & 9M FY25

The financial results, reviewed by Walker Chandiok & Co. LLP, comply with Indian Accounting Standards (Ind AS 34) and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Highlights (₹ in Lakhs)

ParticularsQ3 FY25Q3 FY24YoY Change (%)9M FY259M FY24YoY Change (%)
Revenue from Operations19,492.6117,464.1111.6%60,602.5554,813.8210.6%
Total Income19,801.0818,370.627.8%63,422.9957,304.9310.7%
EBITDA4,107.933,887.285.7%14,154.3311,539.3022.6%
Profit Before Tax (PBT)4,107.933,887.285.7%14,154.3311,539.3022.6%
Net Profit (PAT)2,984.162,925.322.0%10,599.358,756.3421.1%
EPS (₹ per share)6.886.663.3%24.2319.9321.6%

Consolidated Financial Highlights (₹ in Lakhs)

ParticularsQ3 FY25Q3 FY24YoY Change (%)9M FY259M FY24YoY Change (%)
Revenue from Operations20,838.8317,826.3516.9%62,957.9558,209.088.2%
Total Income21,161.7618,740.7412.9%65,875.2160,725.198.5%
EBITDA4,239.943,645.4416.3%14,433.5211,888.9621.4%
Profit Before Tax (PBT)4,239.943,645.4416.3%14,433.5211,888.9621.4%
Net Profit (PAT)3,056.762,729.9412.0%10,778.719,025.2919.4%
EPS (₹ per share)7.056.2213.3%24.6420.5420.0%
  • Revenue Growth: The company saw a 16.9% YoY increase in consolidated revenue for Q3 FY25, driven by strong demand in the automotive, footwear, and upholstery sectors.
  • Profitability: Consolidated net profit surged 12.0% YoY, reflecting operational efficiencies and disciplined cost management.
  • Liquidity & Cash Flow: The company maintains a healthy balance sheet and strong cash position to support future growth initiatives.
The company will publish extracts of the financial results in leading newspapers, in accordance with Regulation 47 of SEBI’s listing norms.

Strategic Management Appointments

To strengthen its leadership team, the Board approved the following key appointments:
  1. Ravi Pant – Senior General Manager, HR & Administration
    • Date of Appointment: February 1, 2025
    • Role & Responsibilities: Overseeing human resources, talent acquisition, compliance, and administrative functions.
    • Experience: 36+ years in HR management, employee relations, and training & development.
  2. Rajesh Kumar Pachori – General Manager, Operations (Gwalior Plant)
    • Date of Appointment: March 17, 2025
    • Role & Responsibilities: Leading operations at the Gwalior plant, focusing on efficiency and production growth.
    • Experience: 33 years in PU & PVC product development across footwear, upholstery, and OEM sectors.
 
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