The Company has published the unaudited financial results for the quarter ended 31st December 2024 in the English Edition at Business Standard and the Regional Language Edition at Makkal ....
Awaiting price reaction for this filing.
Binny Ltd has published its unaudited financial results for the quarter ended 31 December 2024 in Business Standard (English) and Makkal Kural (Tamil), as required under SEBI Listing Regulations. For Q3 FY25, total income from operations stood at ₹1,214.67 lakhs, up sharply from ₹838.18 lakhs in the previous quarter (Q2 FY25). Net profit after tax for the quarter was ₹971.13 lakhs, translating to a basic EPS of ₹4.35, compared to ₹1.09 in Q2 FY25. For the nine months ended December 2024, total income was ₹4,302.07 lakhs and net profit after tax was ₹1,640.48 lakhs (EPS ₹7.35), versus ₹3,254.38 lakhs profit on ₹13,607.75 lakhs income in the same period last year. The company had posted a full-year loss of ₹2,423.85 lakhs in FY24, so the return to quarterly profits signals a turnaround.
Strong sequential improvement in both revenue and profitability, with the company swinging back to profit after a full-year FY24 loss — a positive signal for shareholders. However, year-on-year nine-month income has dropped sharply, suggesting the recovery is still fragile and needs to be watched in the coming quarters.