3P Land Holdings Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- 3P Land Holdings Ltd reported a 46.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 4.5%.
- Its expenses for the quarter were down by 8.7% QoQ and up 13.5% YoY.
- The net profit decreased 60.4% QoQ and decreased 2.6% YoY.
- The earnings per share (EPS) of 3P Land Holdings Ltd stood at 0.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 0.93 | 1.74 | 0.89 | -46.6% | 4.5% |
Total Expenses | 0.42 | 0.46 | 0.37 | -8.7% | 13.5% |
Profit Before Tax | 0.51 | 1.28 | 0.52 | -60.2% | -1.9% |
Tax | 0.13 | 0.32 | 0.13 | -59.4% | 0.0% |
Profit After Tax | 0.38 | 0.96 | 0.39 | -60.4% | -2.6% |
Earnings Per Share | 0.20 | 0.50 | 0.20 | -60.0% | 0.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
3P Land Holdings Ltd is a company involved in the business of land management and real estate. The company primarily focuses on acquiring, developing, and managing land properties, which is a key component of its operations. The real estate industry is characterized by its cyclical nature, influenced by economic conditions and market demand for land and properties. As of the latest available information, there are no specific major developments reported for 3P Land Holdings Ltd. The company continues to operate within its established business model, serving the real estate sector.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), 3P Land Holdings Ltd reported a total income of ₹0.93 crores, which represents a decrease of 46.6% from the previous quarter (Q2FY25), where the total income was ₹1.74 crores. However, compared to the same quarter in the previous year (Q3FY24), the total income increased by 4.5%, rising from ₹0.89 crores. This indicates a slight year-over-year growth in revenue. The quarter-over-quarter decline in total income is notable, reflecting a significant drop in the company's earnings over the recent quarter period.
Profitability
Profitability metrics for 3P Land Holdings Ltd in Q3FY25 show a decrease in performance compared to the prior quarter. The company reported a profit before tax of ₹0.51 crores, down 60.2% from ₹1.28 crores in Q2FY25. The profit after tax for the same period was ₹0.38 crores, marking a 60.4% decrease from ₹0.96 crores in Q2FY25. On a year-over-year basis, the profit before tax showed a slight decline of 1.9% from ₹0.52 crores, while profit after tax decreased by 2.6% from ₹0.39 crores in Q3FY24. The earnings per share remained consistent year-over-year at ₹0.20, despite a 60% decline from the previous quarter's ₹0.50.
Operating Metrics
The total expenses for 3P Land Holdings Ltd in Q3FY25 were ₹0.42 crores, which is a decrease of 8.7% from the previous quarter's expenses of ₹0.46 crores. Compared to Q3FY24, total expenses increased by 13.5% from ₹0.37 crores. The tax expense for Q3FY25 was ₹0.13 crores, reflecting a decrease of 59.4% from ₹0.32 crores in Q2FY25, while remaining unchanged from Q3FY24. The changes in operating metrics indicate fluctuations in the company's cost management and tax obligations over the specified periods. These financial figures provide insights into the company's operational efficiency and cost structure.
