(BSE: 500327 | NSE: PILITA) Udaipur, January 31, 2025 – PIL Italica Lifestyle Limited has released its unaudited financial results for the quarter and nine months ended December 31, 2024. The company has reported a strong performance with notable revenue growth and profitability.
Key Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY2025 (31-Dec-2024) | Q2 FY2025 (30-Sep-2024) | Q3 FY2024 (31-Dec-2023) | 9M FY2025 (31-Dec-2024) | 9M FY2024 (31-Dec-2023) | FY2024 (31-Mar-2024) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 3,022.31 | 2,181.25 | 2,689.13 | 7,332.22 | 7,230.00 | 9,723.26 |
| Total Income | 3,067.70 | 2,192.89 | 2,689.67 | 7,383.71 | 7,230.56 | 9,725.19 |
| Total Expenses | 2,896.58 | 2,083.22 | 2,444.55 | 6,872.64 | 6,686.57 | 8,503.23 |
| Profit Before Tax (PBT) | 171.17 | 169.00 | 243.76 | 511.88 | 543.57 | 619.79 |
| Net Profit (PAT) | 156.43 | 109.44 | 182.41 | 417.07 | 406.77 | 461.95 |
| Basic & Diluted EPS (₹) | 0.07 | 0.04 | 0.08 | 0.18 | 0.17 | 0.20 |
Segment-Wise Performance
| Segment | Q3 FY2025 Revenue | 9M FY2025 Revenue | Q3 FY2024 Revenue | 9M FY2024 Revenue |
|---|---|---|---|---|
| Manufacturing | 2,970.68 | 7,161.79 | 2,621.21 | 7,026.58 |
| Finance | 51.63 | 161.43 | 67.92 | 203.44 |
- The Manufacturing segment, which constitutes the bulk of revenue, showed strong year-on-year (YoY) growth of 13.3%.
- The Finance segment saw a decline compared to the previous year.
Corporate Announcements & Other Highlights
- No Defaults: The company has no outstanding defaults on loans or debt securities.
- No Associates or Joint Ventures: As of December 31, 2024, the company has confirmed that it does not have any associate, subsidiary, or joint venture.
- Limited Review by Auditors: The financial statements have been reviewed by H.R. Jain & Co., Chartered Accountants, who found no material misstatements.
Management Commentary
Narendra Bhanawat, Whole Time Director of PIL Italica Lifestyle Limited, stated:Strategic Outlook
- The company aims to expand its manufacturing capabilities and optimize its cost structure.
- A focus on innovation and efficiency improvements is expected to drive long-term growth.
- The management remains cautiously optimistic about market conditions and is committed to enhancing shareholder value.
