Mumbai, January 30, 2025
Vandana Knitwear Limited has announced its unaudited financial results for the quarter and nine months ending December 31, 2024, reporting a notable growth in revenue and profitability. The company’s financial performance reflects a strong operational trajectory.Financial Highlights (₹ in Lakh)
Quarterly Performance (Q3 FY2025)
| Particulars | Q3 FY2025 | Q2 FY2025 | Q3 FY2024 |
|---|---|---|---|
| Net Sales/Income | 119.43 | 78.58 | 53.69 |
| Other Operating Income | 28.08 | 5.93 | 16.13 |
| Total Income | 147.51 | 84.51 | 69.82 |
| Total Expenses | 145.04 | 79.20 | 66.68 |
| Profit Before Tax (PBT) | 2.47 | 5.31 | 3.14 |
| Net Profit After Tax (PAT) | 1.83 | 3.93 | 1.51 |
| EPS (₹) (Basic & Diluted) | 0.0017 | 0.0037 | 0.001 |
Nine-Month Performance (April-December 2024)
| Particulars | 9M FY2025 | 9M FY2024 |
|---|---|---|
| Net Sales/Income | 292.20 | 196.68 |
| Other Operating Income | 49.19 | 47.12 |
| Total Income | 341.39 | 243.80 |
| Total Expenses | 328.85 | 233.34 |
| Profit Before Tax (PBT) | 12.54 | 10.46 |
| Net Profit After Tax (PAT) | 9.28 | 8.04 |
| EPS (₹) (Basic & Diluted) | 0.0087 | 0.0007 |
Key Business Insights
- Revenue Growth: The company reported a 75.6% YoY increase in net sales for Q3, with quarterly revenues surging from ₹69.82 lakh in Q3 FY2024 to ₹147.51 lakh in Q3 FY2025.
- Profitability: Despite an increase in total expenses, PAT stood at ₹1.83 lakh, reflecting stable profit margins.
- Operational Efficiency: The company has a single reportable segment: knitting job work.
Financial Health & Compliance
- Zero Debt Position: No outstanding debt, with no defaults on loans or securities.
- Regulatory Compliance: The financial results have been reviewed under applicable financial regulations.
- Board Approval: The unaudited results were approved in a recent board meeting.
Management Commentary
The company’s management stated:Outlook & Future Growth
- Expansion Plans: Plans to leverage a strong financial position to explore further growth opportunities.
- Market Trends: Increased demand for knitting job work services is expected to drive future revenue streams.