Revenue Declines QoQ; Net Profit Falls by 34.2%
Pune, January 31, 2025 – Pudumjee Paper Products Ltd. (NSE: PDMJEPAPER, BSE: 539785) has announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a quarterly revenue of ₹19,369 lakh, reflecting a 13% decline quarter-on-quarter (QoQ) from ₹22,247 lakh in Q2 FY2025, and a 4.9% drop year-on-year (YoY) from ₹20,372 lakh in Q3 FY2024.Key Financial Highlights (₹ in lakh)
| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 19,369 | 22,247 | 20,372 | 61,900 | 57,965 | 78,496 |
| Total Income | 19,912 | 22,879 | 20,721 | 63,484 | 58,797 | 79,841 |
| EBITDA | 3,097 | 4,405 | 4,732 | 11,604 | 9,551 | 14,942 |
| Net Profit | 1,958 | 2,976 | 3,186 | 7,691 | 6,074 | 9,814 |
| Earnings Per Share (₹) | 2.06 | 3.13 | 3.36 | 8.10 | 6.40 | 10.34 |
Segment Performance
Pudumjee Paper Products operates under two key segments: Paper and Hygiene Products.- Paper Segment: Revenue declined to ₹18,815 lakh from ₹21,375 lakh in Q2 FY2025.
- Hygiene Products Segment: Revenue slightly increased to ₹1,476 lakh from ₹1,458 lakh in the previous quarter.
Expense Analysis
- Cost of materials consumed stood at ₹11,146 lakh, slightly down from ₹11,321 lakh in Q2 FY2025.
- Fuel, power & water expenses remained relatively stable at ₹3,017 lakh, compared to ₹3,052 lakh in the previous quarter.
- Employee benefits expenses rose to ₹1,504 lakh from ₹1,436 lakh.
Management Commentary
Arunkumar M. Jatia, Executive Chairman of Pudumjee Paper Products Ltd., commented:Outlook & Market Position
- The company continues to focus on cost optimization to counter margin pressures.
- Growth in the hygiene segment is expected to support long-term sustainability.
- Macro-economic factors, including raw material costs and demand fluctuations, remain key challenges.