Shyam Century Ferrous Limited Reports Q3 FY2025 Financial Results

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Kolkata, January 30, 2025Shyam Century Ferrous Limited (NSE: SHYAMCENT | BSE: 539252) announced its unaudited financial results for the third quarter (Q3) and nine months ended December 31, 2024.

Financial Highlights (₹ in Lacs)

ParticularsQ3 FY2025Q3 FY20249M FY20259M FY2024FY2024
Revenue from Operations32,670.731,758.890,975.797,324.81,380,930.0
Total Income34,512.632,809.596,637.51,039,797.01,470,066.0
Profit Before Tax4.7(685.8)(1,890.1)2,500.011,154.0
Net Profit/(Loss)6.3(555.5)(1,890.0)2,521.07,266.0
Earnings Per Share (EPS) (₹)0.00(0.05)(0.06)0.020.07

Performance Analysis

  • Revenue from Operations increased 2.9% YoY in Q3 FY2025, reaching ₹32,670.7 lakh.
  • Total income saw a 5.2% YoY increase, supported by higher other income (₹1,641.9 lakh).
  • Profit Before Tax (PBT) stood at ₹4.7 lakh in Q3, a turnaround from a loss of ₹685.8 lakh in Q3 FY2024.
  • Net Profit improved marginally to ₹6.3 lakh in Q3 FY2025, recovering from a loss of ₹555.5 lakh in Q3 FY2024.
  • For 9M FY2025, the company posted a loss of ₹1,890.0 lakh, compared to a profit of ₹2,521.0 lakh in the same period last year.

Operational and Segment Highlights

  • The company continues to focus on its core segment: Manufacture and sale of ferro silicon.
  • Power & Fuel expenses surged significantly, reaching ₹7,591.5 lakh in Q3, reflecting increased energy costs.
  • Employee benefit expenses rose to ₹1,456.6 lakh from ₹1,383.5 lakh in Q3 FY2024.
  • The company saw a positive impact from changes in fair value of equity investments, adding ₹784.2 lakh to Other Comprehensive Income.

Management Commentary

Ritu Agarwal, Company Secretary, stated:
"Despite macroeconomic challenges, we have demonstrated resilience in our revenue growth. We remain committed to optimizing operational efficiencies and exploring opportunities for sustained profitability."

Strategic Outlook

  • The company will focus on cost optimization and operational efficiency to improve margins.
  • Management is optimistic about the demand for ferro silicon amid the growing steel industry.
  • No outstanding loans, defaults, or deviations in fund utilization were reported.

Conclusion

While Shyam Century Ferrous Limited faced profitability challenges in the first nine months of FY2025, its top-line growth and cost-management efforts indicate a path to recovery. The company remains focused on stabilizing margins and leveraging sectoral demand to drive future growth.
 
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