Platinum Industries Ltd share price declined by 1.77% to Rs 213.35 after the company's net profit tanked by 31.72% to Rs 7.6 crore, while revenue from operations gained 11.32% to Rs 121.27 crore in Q3FY26 over Q2FY26.
The market capitalization of Specialty Chemicals industry group stocks on BSE stood at Rs 5.72 lakh crore, rising 8.53%. It has inched up 3.85% over last one week and softened by 5.28% in last one month while the market capitalization of Platinum Industries Ltd has softened by 3.13% and 4.73% in the same period respectively.
Profit before tax (PBT) of Platinum Industries Ltd stood at Rs 10.52 crore in Q3 FY26, plunging by 28.82% year-on-year, and crashing by 29.63% quarter-on-quarter. EBITDA came in at Rs 8 crore, nosediving by 15.26% YoY and tanking 16.32% sequentially.
Total expenses advancing by 15.74% to Rs 112.63 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 76.64 crore, posting a minor increase of 0.99% YoY, while employee benefits expense was at Rs 7.31 crore, inching up 5.64% YoY.
For the TTM ended FY26, revenue from operations improved 14.83% to Rs 450.44 crore, while net profit saw a marginal increase of 3.73% to Rs 51.23 crore, compared to previous TTM. EBITDA jumped by 4092% to Rs 44.47 crore, and PBT softened 2.28% to Rs 65.89 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 1.36 crore in FY26, as against Rs 3.76 crore in FY25.
Platinum Industries Ltd crashed 19.82% in last one year, underperforming the benchmark BSE Sensex which has slipped by 4.80% during the same period. |