Unaudited Financial Results for the quarter ended on 31st March, 2025
ELANTAS · price
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Elantas Beck India posted revenue from operations of ₹20,613 lakhs for Q1 FY25, up ~16.7% year-on-year from ₹17,658 lakhs, driven by a strong ~43% jump in the Engineering & Electronic Resins segment. Net profit for the quarter was ₹3,287 lakhs, down ~11% from ₹3,691 lakhs in the same quarter last year, with EPS at ₹41.46 vs ₹46.56. Total expenses grew faster (~19.8%) than total income (~12%), leading to a noticeable compression in operating margins. Price Waterhouse issued an unqualified limited review report, and the company reported nil outstanding debt with no defaults. The Ankleshwar plant continues to operate under a temporary GPCB revocation valid until July 23, 2025, with management expecting a permanent resolution.
Mixed quarter for shareholders — healthy top-line growth (especially in the specialty resins segment) was offset by shrinking margins and a double-digit fall in net profit, which may weigh on short-term sentiment despite the debt-free balance sheet.