Transchem Reports Strong Q3 FY25 Results, Profit Rises 22% YoY

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Mumbai, January 28, 2025Transchem Limited (BSE: 500422) has announced its Q3 FY25 financial results, reporting a 22% year-on-year (YoY) increase in net Profit, supported by improved operational efficiencies and higher other Income. The company also announced the appointment of a new secretarial auditor and a change in its registered office address.

Key Financial Highlights – Q3 FY25

  • Revenue from Operations: ₹20.60 lakh (compared to NIL in Q3 FY24).
  • Total Income: ₹239.96 lakh (up 18.8% YoY from ₹201.95 lakh in Q3 FY24).
  • Net Profit: ₹138.94 lakh (up 22% YoY from ₹113.58 lakh in Q3 FY24).
  • Earnings Per Share (EPS): ₹1.13 (compared to ₹0.93 in Q3 FY24).
  • Total Expenses: ₹54.51 lakh (up 9.3% YoY).
  • Other Income: ₹219.36 lakh (up from ₹201.95 lakh in Q3 FY24).
For the nine months ended December 31, 2024 (9M FY25):
  • Total Income: ₹717.68 lakh (up 37% YoY).
  • Net Profit: ₹449.61 lakh (up 52% YoY).

Strategic Announcements

  1. Appointment of Secretarial Auditor:
    • M/s. Pravesh Palod & Associates has been appointed the Secretarial Auditor for FY 2024-25.
    • Pravesh Palod, a member of ICSI, specializes in corporate restructuring, listing compliance, and governance.
  2. Change in Registered Office:
    • The company's registered office will move from Thane to Nariman Point, Mumbai, effective March 1, 2025.

Management Commentary

Mahesh Suresh Rananavre, Whole-Time Director, Transchem Limited, stated:
"We are pleased with our steady financial performance, reflecting our operational resilience and strong income growth. With new leadership in governance and a strategic relocation of our office, we aim to further streamline our corporate operations."

Outlook & Market Positioning

With growing revenue, profitability, and a focus on governance, Transchem is poised for continued growth. The company remains committed to strengthening corporate compliance and exploring new business opportunities.
 
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