ALPHA TRIBE

Responsive Industries LimitedImportant, 10-02-2025: Financial Result Updates

10-02-2025 | 04:24 pm

Responsive Industries Limited has announced a board meeting regarding the financial results for the quarter and half-year ended December 31, 2024.

**Consolidated Financials:**

- Total revenue for the quarter stands at ₹37,048.55 crore, up from ₹26,874.84 crore in the same quarter last year, marking a 37.25% year-over-year growth. This growth is primarily attributed to increased demand and market expansion in the PVC/polymer segment.

- For the nine months, revenue reached ₹1,04,416.40 crore, compared to ₹80,820.06 crore, translating to a 29.16% growth.

**Profit and EPS:**

- The net profit after tax for the quarter is ₹4,695.27 crore, slightly down from ₹4,741.44 crore a year ago. The earnings per share (EPS) is reported at ₹1.76.

- Over the nine-month period, net profit stands at ₹14,461.28 crore, compared to ₹14,539.55 crore in the previous period.

**Operational Costs:**

- Total expenses for the quarter were ₹34,978.18 crore, an increase from ₹22,162.91 crore year-on-year. Key areas of cost inflation include materials and finance costs, impacting overall profitability and highlighting ongoing cost management challenges.

**Balance Sheet & Cash Flow:**

- The equity capital remains stable at ₹2,666.09 crore, with healthy cash flow from operations that supports ongoing investments in capacity expansion.

**Strategic Position and Outlook:**

- The results indicate a robust demand environment, although increasing costs will need careful management to maintain profitability. The company is likely to focus on enhancing operational efficiencies, exploring new markets, and optimizing its supply chain.

**Investor Insight:**

- Given the positive revenue growth momentum and solid demand, this appears to be a hold for investors, while closely monitoring cost trends and profitability into the next quarter.

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