Akash Infraprojects Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Akash Infraprojects Ltd reported a 49.3% 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 160.0%.
- Its expenses for the quarter were up by 23.2% QoQ and 84.6% YoY.
- The net profit decreased 103.2% QoQ and decreased 102.8% YoY.
- The earnings per share (EPS) of Akash Infraprojects Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 14.09 | 9.44 | 5.42 | 49.3% | 160.0% |
Total Expenses | 13.99 | 11.36 | 7.58 | 23.2% | 84.6% |
Profit Before Tax | 0.11 | -1.92 | -2.16 | -105.7% | -105.1% |
Tax | 0.05 | -0.01 | 0.01 | -600.0% | 400.0% |
Profit After Tax | 0.06 | -1.90 | -2.14 | -103.2% | -102.8% |
Earnings Per Share | 0.00 | -1.10 | -1.30 | -100.0% | -100.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Akash Infraprojects Ltd is a company involved in the construction and infrastructure sector. The company's main operations include the development of roads, bridges, and other infrastructure projects. The company operates primarily within the infrastructure industry, which is characterized by long-term projects and significant capital investments. Information regarding any recent major developments in the company is not provided in the current dataset.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Akash Infraprojects Ltd reported a total income of ₹14.09 crores. This represents a substantial increase when compared to the previous quarter (Q2FY25), where the total income was ₹9.44 crores, reflecting a quarter-over-quarter (QoQ) growth of 49.3%. The year-over-year (YoY) growth was even more pronounced, as the total income in Q3FY24 was ₹5.42 crores, resulting in a 160.0% increase. This significant rise in revenue indicates a period of growth in terms of income generation for the company.
Profitability
The financial performance in terms of profitability shows a positive turn for Akash Infraprojects Ltd. The company reported a profit before tax of ₹0.11 crores in Q3FY25, which is a notable improvement from the loss of ₹1.92 crores in Q2FY25. This change reflects a QoQ growth of -105.7% in profit before tax. Compared to the same quarter in the previous year (Q3FY24), where the company faced a loss of ₹2.16 crores, there is a YoY improvement of -105.1%. The profit after tax in Q3FY25 stands at ₹0.06 crores, contrasting with the losses of ₹1.90 crores in Q2FY25 and ₹2.14 crores in Q3FY24. The earnings per share (EPS) in Q3FY25 was reported as ₹0.00, up from negative values in previous periods.
Operating Metrics
Examining the company's operating metrics, the total expenses for Q3FY25 were ₹13.99 crores, which shows an increase from ₹11.36 crores in Q2FY25, marking a 23.2% QoQ rise. Compared to Q3FY24, where the expenses amounted to ₹7.58 crores, the expenses have risen by 84.6% YoY. The tax expenses for Q3FY25 were ₹0.05 crores, a shift from a tax refund of ₹0.01 crores in Q2FY25 and an increase from ₹0.01 crores in Q3FY24. These figures illustrate the changes in the company's operating environment and financial obligations over the period.
