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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.

Pearl Global rallies after strong Q3 numbers

12-Feb-2025, 02:53
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.