Jaipur, January 31, 2025 – Mayur 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)
Particulars
Q3 FY25
Q3 FY24
YoY Change (%)
9M FY25
9M FY24
YoY Change (%)
Revenue from Operations
19,492.61
17,464.11
11.6%
60,602.55
54,813.82
10.6%
Total Income
19,801.08
18,370.62
7.8%
63,422.99
57,304.93
10.7%
EBITDA
4,107.93
3,887.28
5.7%
14,154.33
11,539.30
22.6%
Profit Before Tax (PBT)
4,107.93
3,887.28
5.7%
14,154.33
11,539.30
22.6%
Net Profit (PAT)
2,984.16
2,925.32
2.0%
10,599.35
8,756.34
21.1%
EPS (₹ per share)
6.88
6.66
3.3%
24.23
19.93
21.6%
Consolidated Financial Highlights (₹ in Lakhs)
Particulars
Q3 FY25
Q3 FY24
YoY Change (%)
9M FY25
9M FY24
YoY Change (%)
Revenue from Operations
20,838.83
17,826.35
16.9%
62,957.95
58,209.08
8.2%
Total Income
21,161.76
18,740.74
12.9%
65,875.21
60,725.19
8.5%
EBITDA
4,239.94
3,645.44
16.3%
14,433.52
11,888.96
21.4%
Profit Before Tax (PBT)
4,239.94
3,645.44
16.3%
14,433.52
11,888.96
21.4%
Net Profit (PAT)
3,056.76
2,729.94
12.0%
10,778.71
9,025.29
19.4%
EPS (₹ per share)
7.05
6.22
13.3%
24.64
20.54
20.0%
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:
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.
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.