Aditya Birla Real Estate Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Aditya Birla Real Estate Ltd reported a 15.5% 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 decline of 26.0%.
- Its expenses for the quarter were down by 9.2% QoQ and 13.8% YoY.
- The net profit decreased 1602.5% QoQ and decreased 153.0% YoY.
- The earnings per share (EPS) of Aditya Birla Real Estate Ltd declined at 3.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 961.32 | 1138.08 | 1298.33 | -15.5% | -26.0% |
Total Expenses | 1009.31 | 1111.62 | 1171.03 | -9.2% | -13.8% |
Profit Before Tax | -47.99 | 26.46 | 127.30 | -281.4% | -137.7% |
Tax | -11.04 | 14.04 | 41.24 | -178.6% | -126.8% |
Profit After Tax | -42.37 | 2.82 | 79.95 | -1602.5% | -153.0% |
Earnings Per Share | -3.60 | 0.20 | 7.50 | -1900.0% | -148.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Aditya Birla Real Estate Ltd is a company primarily operating in the real estate sector. The company is involved in the development and sale of residential and commercial properties. The real estate industry involves the acquisition, development, leasing, and management of properties. Aditya Birla Real Estate Ltd is a part of the larger Aditya Birla Group, which is a well-known conglomerate with diverse business interests. In recent times, the real estate market has been influenced by various factors such as economic conditions, regulatory changes, and consumer demand. However, specific recent developments pertaining to Aditya Birla Real Estate Ltd are not available in the provided data.
Revenue
In the third quarter of the financial year 2025 (Q3FY25), Aditya Birla Real Estate Ltd reported a total income of ₹961.32 crores. This represents a decrease both quarter-over-quarter (QoQ) and year-over-year (YoY), with declines of 15.5% from the second quarter of FY25 (Q2FY25) and 26.0% from the third quarter of FY24 (Q3FY24), respectively. The reduction in total income over these periods highlights significant changes in the company's revenue generation. The company's revenue dynamics during this period could be attributed to various factors within the industry, although specific reasons are not detailed in the provided data.
Profitability
For Q3FY25, Aditya Birla Real Estate Ltd experienced a challenging quarter in terms of profitability. The company reported a loss before tax of ₹47.99 crores, in contrast to a profit before tax of ₹26.46 crores in Q2FY25 and ₹127.30 crores in Q3FY24. This reflects a substantial decline of 281.4% QoQ and 137.7% YoY. After accounting for taxes, the profit after tax for Q3FY25 stood at a loss of ₹42.37 crores, compared to a profit of ₹2.82 crores in the previous quarter and ₹79.95 crores in the same quarter of the previous year. The YoY decrease in profit after tax was 153.0%, while the QoQ decrease was 1602.5%. The earnings per share also reflected this downward trend, with a negative value of ₹-3.60 in Q3FY25, compared to ₹0.20 in Q2FY25 and ₹7.50 in Q3FY24, marking a substantial decline in profitability.
Operating Metrics
The total expenses for Aditya Birla Real Estate Ltd in Q3FY25 were ₹1009.31 crores, which decreased by 9.2% QoQ compared to ₹1111.62 crores in Q2FY25 and by 13.8% YoY compared to ₹1171.03 crores in Q3FY24. Despite the reduction in expenses, the company reported losses, indicating a potential challenge in maintaining a balance between revenue and expenses. Tax expenses also showed a decline, with a tax credit of ₹-11.04 crores in Q3FY25, compared to a tax expense of ₹14.04 crores in Q2FY25 and ₹41.24 crores in Q3FY24, reflecting a decrease in tax liability by 178.6% QoQ and 126.8% YoY. The financial data reveals significant shifts in operational performance, although specific operational metrics like production costs, sales volume, or market share are not provided in the data.
