Jaipur, India – January 30, 2025 –
Spectrum Foods Limited (BSE: 531982) has released its
unaudited financial results for the third quarter ended
December 31, 2024, reporting steady revenue growth and a key expansion into the
resorts and hospitality sector.
Key Financial Highlights (Standalone)
Quarterly Performance (Q3 FY2025 vs. Q3 FY2024)
| Financial Metric | Q3 FY2025 | Q3 FY2024 |
|---|
| Revenue from Operations | ₹567.31 lakh | ₹512.21 lakh |
| Total Revenue | ₹567.33 lakh | ₹512.96 lakh |
| Profit Before Tax (PBT) | ₹22.51 lakh | ₹151.45 lakh |
| Net Profit | ₹22.51 lakh | ₹151.45 lakh |
| Earnings Per Share (EPS) | ₹0.09 | ₹3.12 |
Nine-Month Performance (April - December 2024)
| Financial Metric | 9M FY2025 | 9M FY2024 |
|---|
| Revenue from Operations | ₹1,725.20 lakh | ₹1,550.37 lakh |
| Total Revenue | ₹1,748.84 lakh | ₹1,554.26 lakh |
| Net Profit | ₹432.28 lakh | ₹728.51 lakh |
| Earnings Per Share (EPS) | ₹1.79 | ₹15.03 |
The company’s revenue increased on a year-over-year basis, with a notable
11.2% growth in revenue from operationsin the
nine-month period compared to the previous year. However, profit margins witnessed a decline due to increased
operating expenses and raw material costs.
Segment Performance
| Segment | Q3 FY2025 Revenue (₹ lakh) | 9M FY2025 Revenue (₹ lakh) |
|---|
| Salt Manufacturing/Trading | 551.94 | 1,644.37 |
| Power Generation | 15.37 | 80.83 |
| Shares Trading | Nil | Nil |
remains the primary revenue contributor, followed by
power generation, which showed a modest increase.
Strategic Expansion: Incorporation of a Hospitality Subsidiary
The board has
approved the incorporation of a
wholly-owned subsidiary, Siyana Resorts Private Limited, with an authorized share capital of
₹5 crore. The new entity will focus on
resorts and hospitality operations, reflecting the company’s diversification strategy.
- Investment Structure: 80% subscription to the initial share capital in cash.
- Regulatory Approvals: No immediate regulatory approvals are required, except for necessary permits as operations commence.
Management Commentary
"The expansion into the hospitality sector marks a strategic milestone for Spectrum Foods. With our strong presence in salt manufacturing and trading, this diversification will enhance our long-term growth prospects," said
Girdhar Saboo, Managing Director.
Outlook
- Continued focus on salt manufacturing and trading, ensuring market leadership.
- Investment in hospitality sector through Siyana Resorts, aiming for long-term revenue diversification.
- Cost optimization measures to improve profit margins in upcoming quarters.
Investors and stakeholders can access the detailed financial results on the company’s website.