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.