Silgo Retail Limited — Important, 20-02-2025: Updates

SILGO Retail Limited reported its financial results for the quarter and nine months ending December 31, 2024. Revenue from operations reached ₹1,015.34 crore, representing a notable increase compared to ₹868.74 crore in the same quarter of the previous year. Total income for the period was ₹1,015.34 crore, marking a significant rise from ₹2,490.73 crore for the nine months ended in 2023 to ₹2,784.97 crore this year.

Expenses amounted to ₹882.41 crore for the quarter, up from ₹746.73 crore year-on-year, with notable increases in material costs and other operational expenses. The profit before tax stood at ₹132.94 crore, reflecting an upward trend against ₹122.01 crore in the previous period. After tax expenses of ₹32.22 crore, the net profit for the quarter was ₹100.72 crore, showcasing growth from ₹91.26 crore in the prior year. The earnings per share increased to ₹0.54, up from ₹0.89 in Q3 FY2023. The company maintains a positive outlook considering these upward trends in revenue and profitability.