Paras Petrofils Limited Reports Q3 FY2025 Financial Results

Surat, Gujarat | February 4, 2025
Paras Petrofils Limited (NSE: PARASPETRO, BSE: 521246) has announced its unaudited standalone financial results for the third quarter (Q3) and the nine-month period ended December 31, 2024. The Board of Directors approved the results in their meeting on February 4, 2025.

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Key Financial Highlights (Standalone)​

Quarter Ended December 31, 2024​

Nine Months Ended December 31, 2024​

The company has reported consistent profitability in Q3 FY2025, with net profit rising to ₹34.70 Lacs, reflecting steady operational efficiency.

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Audit & Compliance​

The financial statements were reviewed by RMR & Co., Chartered Accountants, under Standard on Review Engagements (SRE) 2410. The auditors confirmed that the statements comply with SEBI Listing Obligations & Disclosure Requirements (LODR) Regulations, 2015, and IND AS accounting standards, with no material misstatements observed.

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Corporate Updates & Strategic Outlook​

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• The company does not have any subsidiaries or associate companies, and thus, only standalone financials were presented.
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• No segment-wise reporting was provided as the company does not operate in multiple business verticals.
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• Prior period figures have been regrouped where necessary for comparability.

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Management Commentary​

Deepak Kishorchandra Vaida, Whole-Time Director, Paras Petrofils Limited, stated: "The company continues to focus on financial stability and operational efficiency. Our consistent profitability underscores a disciplined approach toward cost management and sustainable revenue generation."

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Conclusion​

Paras Petrofils Limited reported a stable financial performance in Q3 FY2025, with net profit increasing quarter-over-quarter and year-over-year. The company maintains a cautious yet optimistic outlook for the coming quarters.