Introduction:
Reliance Industries-backed company reported its unaudited financial results for Q3 FY25, with a net profit of ₹371.76 lakh. While net profit declined 29% quarter-on-quarter, it experienced a remarkable 518% growth year-on-year, highlighting strong annual performance.
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Share price movement of Lotus Chocolate Company:
On January 14, 2025, Lotus Chocolate Company Limited opened at ₹1,218.40, down 5.00% from its previous close of ₹1,282.50. The stock reached a high and low of ₹1,218.40. By 10:28 AM, it traded at ₹1,218.40, with a market cap of ₹1,564.55 crore.
Lotus Chocolate Reports Q3 FY25 Financial Results:
Reliance Industries-led Lotus Chocolate Company Limited announced its unaudited financial results for the quarter ended December 31, 2024. The company achieved a revenue of ₹14,669.41 lakh for Q3, with a total income of ₹14,713.02 lakh.
For the quarter, Lotus Chocolate reported a profit before tax of ₹369.45 lakh, reflecting a 47.5% decline, while total expenses were ₹14,343.57 lakh. After tax expenses of ₹2.31 lakh, the company recorded a net profit of ₹371.76 lakh. This marks a 29% decline in net profit compared to the previous quarter but a remarkable 518% year-on-year growth.
For the nine-month period, the company reported total revenue of ₹41,629.64 lakh and earnings per share (EPS) of ₹3.84. The total comprehensive income stood at ₹488.96 lakh, showing a strong overall performance.
Stock performance of Lotus Chocolate Company for Period of 1 week, 6 months and 1 year:
Lotus Chocolate Company has experienced a 6% decline in stock price over the past week. However, its performance remains strong with a 74.3% increase over the last six months and an impressive 300% growth over the past year.
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Shareholding pattern of Lotus Chocolate Company:
All values in % | Sep 2024 | Jun 2024 | Mar 2024 |
Promoter | 72.10% | 72.10% | 72.10% |
FII | 0.10% | 0.00% | 0.00% |
DII | 0.00% | 0.00% | 0.00% |
Public | 27.80% | 27.90% | 27.90% |
About Lotus Chocolate Company:
Lotus Chocolate Company Ltd. (BSE: 523475), founded in 1988, specializes in cocoa and chocolate products. It offers popular treats like Chuckles and Tango. The company also exports cocoa derivatives and bulk chocolate, with international collaborations.
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.