Belrise Industries (BELRISE) Q1 24/25 earnings summary

Executive summary

• Unaudited standalone and consolidated financial results for the quarter ended 30th June 2024 were approved and reviewed by the Board and Audit Committee, with statutory auditors issuing an unmodified limited review report.

• The company continues to operate on a going concern basis, with no significant impact expected on asset carrying values.

Financial highlights

• Consolidated revenue from operations for Q1 FY25 was ₹1,78,097.12 lakhs, up from ₹1,52,622.41 lakhs in Q4 FY24 and ₹1,94,743.42 lakhs in Q1 FY24.

• Consolidated profit before tax for Q1 FY25 was ₹8,342.90 lakhs, compared to ₹5,771.21 lakhs in Q4 FY24.

• Net profit for the period was ₹6,582.50 lakhs, up from ₹4,880.32 lakhs in the previous quarter.

• Operating margin for the quarter stood at 16.18%, with a net profit margin of 4.74%.

• Earnings per share (basic and diluted) for Q1 FY25 were ₹1.00.

Outlook and guidance

• Management expects no significant impact on inventories, intangible assets, trade receivables, investments, and other financial assets, and continues to monitor economic conditions.