Abans Holdings Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Abans Holdings Ltd reported a 99.5% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 152.6%.
- Its expenses for the quarter were up by 105.2% QoQ and 158.8% YoY.
- The net profit decreased 1.7% QoQ and increased 12.9% YoY.
- The earnings per share (EPS) of Abans Holdings Ltd stood at 5.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1280.49 | 641.93 | 506.94 | 99.5% | 152.6% |
Total Expenses | 1245.24 | 606.86 | 481.10 | 105.2% | 158.8% |
Profit Before Tax | 35.25 | 35.07 | 25.84 | 0.5% | 36.4% |
Tax | 8.33 | 7.69 | 1.99 | 8.3% | 318.6% |
Profit After Tax | 26.92 | 27.38 | 23.85 | -1.7% | 12.9% |
Earnings Per Share | 5.30 | 5.40 | 4.70 | -1.9% | 12.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Abans Holdings Ltd is a diversified financial services company operating primarily in India. The company is engaged in providing a wide range of financial services, including investment advisory, trading, and brokerage services. Abans Holdings serves a broad spectrum of clients, including retail investors, institutional investors, and corporate clients. The company operates within the financial services industry, which is characterized by rapid technological advancements and evolving regulatory environments. As of the provided data period, specific recent major developments for Abans Holdings Ltd are not available, hence any updates or strategic initiatives from the company during this time are not covered in this report.
Revenue
During Q3FY25, Abans Holdings Ltd reported a total income of ₹1280.49 crores, marking a significant increase of 99.5% quarter-over-quarter (QoQ) from ₹641.93 crores in Q2FY25. When compared year-over-year (YoY) to Q3FY24, where the total income was ₹506.94 crores, there was an even more substantial growth of 152.6%. This increase is reflective of the company's ability to generate higher revenues over both the quarterly and annual periods. The considerable rise in total income suggests a potential increase in business activities or expanded operations during the reported quarter.
Profitability
Abans Holdings Ltd's profitability metrics for Q3FY25 indicate a profit before tax (PBT) of ₹35.25 crores, which shows a slight increase of 0.5% from the previous quarter (Q2FY25) where the PBT was ₹35.07 crores. On a YoY basis, the PBT increased by 36.4% from ₹25.84 crores in Q3FY24. Despite the rise in PBT, the profit after tax (PAT) for Q3FY25 was ₹26.92 crores, showing a slight decrease of 1.7% QoQ from ₹27.38 crores in Q2FY25. However, on a YoY basis, there was a 12.9% increase from ₹23.85 crores in Q3FY24. The earnings per share (EPS) in Q3FY25 was ₹5.30, down 1.9% QoQ from ₹5.40 in Q2FY25, but up 12.8% YoY from ₹4.70 in Q3FY24. The tax expense for the quarter was ₹8.33 crores, reflecting an increase of 8.3% QoQ and a significant jump of 318.6% YoY.
Operating Metrics
The total expenses for Abans Holdings Ltd in Q3FY25 were ₹1245.24 crores, which increased by 105.2% QoQ from ₹606.86 crores in Q2FY25, and by 158.8% YoY from ₹481.10 crores in Q3FY24. This increase in expenses outpaced the growth in total income, which may have contributed to the observed decrease in PAT despite the higher PBT. The company's ability to manage its expenses relative to its revenue generation is crucial for maintaining profitability. The data indicates that while revenue generation has increased significantly, the proportionate increase in expenses has impacted the net profit margins for the quarter.
