Elgi Rubber Company Q3 Results 2025:Elgi Rubber Company declared their Q3 results on 13 Feb, 2025, reporting a significant decline in their financial performance. The topline decreased by 3.41% year-over-year, with the company facing a loss of ₹3.5 crore, representing an increase of 82.29% compared to the previous year. Revenue stood at ₹91.48 crore, reflecting challenges in the current market environment.
In comparison to the previous quarter, the revenue experienced a decline of 7.3%, although the loss was reduced by 15.25%, indicating some operational improvements.
An analysis of the company's expenses reveals a positive trend; Selling, general & administrative expenses saw a decrease of 15.93% quarter-on-quarter and a significant reduction of 42.36% year-on-year.
On a brighter note, the operating income surged by 884.81% quarter-on-quarter and 475.76% year-on-year, highlighting some potential for recovery despite overall losses.
The earnings per share (EPS) for Q3 is recorded at ₹-0.71, a sharp decline of 86.84% year-on-year, raising concerns among investors regarding profitability.
Elgi Rubber Company has faced a challenging week, delivering a -20.5% return in the last week, -16.05% return over the past six months, and an alarming -41.23% year-to-date return.
Currently, Elgi Rubber Company holds a market capitalization of ₹400.15 crore, with a 52-week high of ₹154.98 and a low of ₹44.7, indicating significant volatility in its stock performance.
Elgi Rubber Company Financials
Period | Q3 (FY25) | Q2 (FY25) | Q-o-Q Growth | Q3 (FY24) | Y-o-Y Growth |
---|---|---|---|---|---|
Total Revenue | 91.48 | 98.68 | -7.3% | 94.71 | -3.41% |
Selling/ General/ Admin Expenses Total | 14.41 | 17.14 | -15.93% | 25 | -42.36% |
Depreciation/ Amortization | 4.07 | 6.87 | -40.76% | 6.18 | -34.14% |
Total Operating Expense | 85.27 | 99.47 | -14.28% | 96.36 | -11.51% |
Operating Income | 6.2 | -0.79 | +884.81% | -1.65 | +475.76% |
Net Income Before Taxes | -2.81 | -4.54 | +38.11% | -2.33 | -20.6% |
Net Income | -3.5 | -4.13 | +15.25% | -1.92 | -82.29% |
Diluted Normalized EPS | -0.71 | -0.82 | +13.41% | -0.38 | -86.84% |
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