Chemical stock jumps 20% after reporting 89.8% QoQ increase in net profitsChemical stock jumps 20% after reporting 89.8% QoQ increase in net profits

Introduction:

Chemical stock posted strong Q3 FY25 results, with total income rising 9.2% QoQ to ₹1,996.84 crore. Revenue grew 9.7%, while net profit surged 89.8% QoQ, driven by strong demand and cost management, leading to a 7% stock jump on improved profitability.

Share Price movement of Deco Mica:

On February 13, 2025, Deco Mica Ltd opened at ₹66.20, reaching a high of ₹73.36, up 19.99% from its previous close of ₹61.14, and a low of ₹66.20. Currently, it is trading at ₹73.36, with a market cap of ₹30.81 crore.

Deco Mica Q3 Results:

Deco Mica Ltd reported a 9.2% QoQ increase in total income for Q3 FY25, rising from ₹1,828.39 crore in Q2 FY25 to ₹1,996.84 crore. Revenue from operations grew 9.7% to ₹1,990.33 crore, reflecting improved sales performance and higher demand across segments.  

Total expenses increased 2.1% QoQ to ₹1,858.11 crore from ₹1,819.87 crore, driven by a 3.4% rise in employee benefit expenses to ₹295.02 crore. Finance costs rose 1.9% to ₹50.77 crore, while depreciation and amortization declined 13.4% to ₹41.60 crore, improving operational efficiency.  

Net profit surged 89.8% QoQ, reaching ₹91.36 crore from ₹48.17 crore in Q2 FY25. Despite a 35.4% increase in tax expenses to ₹47.37 crore, strong revenue growth and cost management boosted profitability. NBFC stock jumped 7% after reporting a robust 89.8% rise in Q3 net profit. 

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Stock performance of Deco Mica for Period of 1 week, 6 months and 1 year:

Deco Mica’s stock declined 19.6% over the past week, reflecting short-term market weakness. Over the last six months, it fell 25.0%, indicating sustained selling pressure. The stock has dropped 26.0% in one year, highlighting persistent challenges and weak investor sentiment in the chemical sector.

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Shareholding pattern of Deco Mica:

Summary	Dec-24	Sep-24	Jun-24
Promoter	70.10%	70.10%	70.10%
FII	0%	0%	0%
DII	0.70%	0.70%	0.70%
Public	29.30%	29.30%	29.30%

About Deco Mica:

Deco Mica is a leading manufacturer of decorative laminates, catering to residential and commercial interiors. The company specializes in high-quality surface solutions, offering a diverse range of laminates. With a strong market presence, it focuses on innovation, durability, and customer-centric designs.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.