Borosil Q3 results: Net profit falls 5% to ₹36 crore, revenue up over 11%

The fall in the net profit came on the back of an increase in its total expenses. The Indian glassware company’s total expenses rose 17.59% YoY to ₹306.94 crore in the three months ended December 31, 2024, as against ₹261.03 crore in the third quarter ended December 31, 2023.

However, its standalone revenue from operations was at ₹338.1 crore in Q3 of the 2024-25 fiscal, jumping 11.31% year-on-year (YoY) from ₹303.76 crore in the third quarter of the 2023-24 financial year (Q3 FY24).

The company’s EBITDA ((Earnings Before Interest, Tax, Depreciation, and Amortisation) shrunk by 6.3% to ₹54.4 crore in Q3 FY25, compared to ₹58 crore in Q3 FY24. EBITDA margin stood at 16.1% versus 19%.

Stock reaction

Borosil closed in the green at ₹395.90 per share price, up 0.57% on the National Stock Exchange (NSE). However, the company declared its third quarter results after market hours.

The scrip surged 1.68% over the last five days but slipped 2.58% in the past month, The share pared its gains of 3.42% in the last six months with a loss of 5.15% on a year-to-date basis.

Shares of Borosil hit their 52-week high of ₹515.90 on November 6, 2024, and touched their 52-week low of ₹285.25 apiece on the NSE on June 4, 2024.

About the company

Borosil Limited is an India-based company, primarily engaged in the manufacturing and trading of consumer products (CP). The Company operates through the Consumer ware segment, including microwavable and flameproof kitchenware, glass tumblers, hydra bottles, tableware and dinnerware, appliances, storage products and steel served fresh.

Borosil has a total market capitalisation of ₹4,730.2 crore as of February 7, 2025, on the NSE.