Tuesday, June 24, 2025

Prataap Snacks Q3 Results | Loss widens to ₹38 crore but revenue up 9% to ₹443 crore

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Indore-based Prataap Snacks Ltd on Monday (January 27) reported a net loss of ₹38 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Prataap Snacks posted a net profit of ₹10.8 crore, the company said in a regulatory filing.

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The company’s revenue from operations increased 9% to ₹442.7 crore as against ₹406.2 crore in the corresponding period of the preceding fiscal. Prataap Snacks reported an operating EBITDA loss of ₹5.42 crore in Q3 FY25 and a diluted EPS of ₹6.17 per share.

For the nine months ended FY25, the company achieved an income from operations of ₹1,300.56 crore, with an operating EBITDA of ₹43.77 crore. However, it recorded a net loss of ₹4.62 crore and a diluted EPS of ₹1.94 per share. The results include a post-tax exceptional loss of ₹23.2 crore for Q3 FY25 and ₹17.72 crore for 9M FY25.

Also Read: Petronet LNG Q3 Results | Net profit surges 26%, revenue slumps 17%
Amit Kumat, MD of Prataap Snacks, said, “In a backdrop of persistent inflationary trends and sluggish consumer demand, we are pleased to report revenue growth of 9% on a YoY basis. There has been improved demand
in rural markets, even as urban markets remained subdued.

Sales growth has been driven by a combination of expansion into new touchpoints as well as initiatives to optimise sales efforts at existing touchpoints and territories through enhanced efficiencies. Additionally, we formally commenced exports in Q3 with the shipment of initial batches.

The third quarter witnessed a continued increase in raw material prices, as anticipated, particularly for key ingredients such as palm oil and potato. Apart from the price rise, the reinstatement of import duties on crude and refined palm oil has contributed to the sharp increase in raw material costs in the current quarter.”

Also Read: Kaynes Technology Q3 Results | Semiconductor manufacturer reports 47% jump in net profit

The results came after the close of the market hours. Shares of Prataap Snacks Ltd ended at ₹1,009.90, down by ₹43.40 or 4.12% on the BSE.

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