Home / Business and Economy / Magnesium Maker's Profits Plunge 81.58% in Q3 2025
Magnesium Maker's Profits Plunge 81.58% in Q3 2025
12 Nov
Summary
- Sales decline 57.76% to Rs 1.66 crore in Q3 2025
- Net profit drops 81.58% to Rs 0.21 crore in Q3 2025
- Operating profit margin falls from 35.37% to 15.66%
In the third quarter of 2025, Southern Magnesium & Chemicals, an Indian manufacturer of magnesium products, faced a challenging period. The company's sales declined by a substantial 57.76%, dropping from Rs 3.93 crore in the third quarter of 2024 to Rs 1.66 crore in the same period of 2025.
This sharp decline in sales had a significant impact on the company's profitability. Southern Magnesium & Chemicals' net profit plunged by 81.58%, from Rs 1.14 crore in the third quarter of 2024 to just Rs 0.21 crore in the corresponding quarter of 2025. The company's operating profit margin also took a hit, falling from 35.37% in the previous year's quarter to 15.66% in the recent period.
The reasons behind this performance are not explicitly stated in the article, but the significant drop in both sales and profits suggests that the company faced challenging market conditions or operational challenges during the third quarter of 2025.
