Hot Pursuit     12-Feb-25
Pearl Global rallies after strong Q3 numbers
Pearl Global Industries climbed 14.63% to Rs 1446.90 after the company's consolidated net profit surged 57.4% to Rs 56.30 crore on 45.3% increase in revenue from operations to Rs 1,022.50 crore in Q3 December 2024 over Q3 December 2023.
Revenue increased due to healthy growth in sales volume across geographies.

Profit before tax soared 55.2% year-on-year (YoY) to Rs 53.70 crore in Q3 December 2024. Adjusted EBITDA stood at Rs 92.6 crore, up 35.1% YoY. Adjusted EBITDA margin was at 9.1% in Q3FY25 as against 9.7% in Q3FY24.

Total expenses rose 45% to Rs 974.76 crore in Q3FY25 over Q3FY24. During the quarter, cost of materials consumed stood at Rs 444.36 crore (up 26.49% YoY) while employee benefits expense was at Rs 214.46 crore (up 28.60% YoY).

Pearl Global Industries is engaged in manufacture and exports of ready to wear apparels.

Previous News
  Pearl Global Industries Ltd leads losers in 'B' group
 ( Hot Pursuit - 04-Apr-25   14:45 )
  Pearl Global Inds incorporates subsidiary in Bangladesh
 ( Hot Pursuit - 25-Mar-25   08:11 )
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 ( Results - Analysis 12-Feb-25   10:39 )
  Pearl Global rallies after strong Q3 numbers
 ( Hot Pursuit - 12-Feb-25   14:53 )
  Pearl Global Industries consolidated net profit rises 57.40% in the December 2024 quarter
 ( Results - Announcements 12-Feb-25   07:45 )
  Pearl Global Industries to conduct board meeting
 ( Corporate News - 04-Feb-25   16:18 )
  Pearl Global Industries Ltd leads losers in 'B' group
 ( Hot Pursuit - 20-Jan-25   14:45 )
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 ( Results - Analysis 13-Nov-24   18:11 )
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 ( Analyst Meet / AGM - Conference Call 13-Nov-24   13:42 )
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