AKG Exim Ltd's Q3FY25 Quarter Results
- 23 Jan 2025
Result Summary
- AKG Exim Ltd reported a 11.6% 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 decline of 33.2%.
- Its expenses for the quarter were down by 11.7% QoQ and 32.8% YoY.
- The net profit decreased 6.3% QoQ and decreased 68.1% YoY.
- The earnings per share (EPS) of AKG Exim Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 29.96 | 33.91 | 44.87 | -11.6% | -33.2% |
Total Expenses | 29.78 | 33.72 | 44.29 | -11.7% | -32.8% |
Profit Before Tax | 0.19 | 0.19 | 0.58 | 0.0% | -67.2% |
Tax | 0.04 | 0.04 | 0.12 | 0.0% | -66.7% |
Profit After Tax | 0.15 | 0.16 | 0.47 | -6.3% | -68.1% |
Earnings Per Share | 0.10 | 0.10 | 0.10 | 0.0% | 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
AKG Exim Ltd is a company operating within the trading and export industry, specifically dealing with a variety of products ranging from textiles to agricultural commodities. The company engages in the import and export of diverse goods, which positions it as a significant player in the global trading arena. Due to the lack of recent developments or specific product insights in the provided data, it is noted that further information regarding recent strategic changes or expansions remains unavailable based on the current input.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), AKG Exim Ltd reported total income of ₹29.96 crores. This marks a decrease from the previous quarter (Q2FY25) where the total income was ₹33.91 crores, reflecting a quarter-over-quarter (QoQ) decline of 11.6%. When compared year-over-year (YoY) to the third quarter of the previous fiscal year (Q3FY24), where the total income was ₹44.87 crores, there is a significant decline of 33.2%. These figures illustrate the company's revenue trend over the specified periods.
Profitability
AKG Exim Ltd's profitability metrics for Q3FY25 show a profit before tax (PBT) of ₹0.19 crores, which remains unchanged from the previous quarter (Q2FY25) but represents a substantial decrease from ₹0.58 crores reported in Q3FY24, a 67.2% reduction YoY. The tax expense for Q3FY25 was ₹0.04 crores, consistent with Q2FY25, but down from ₹0.12 crores in Q3FY24, a decrease of 66.7%. The profit after tax (PAT) for Q3FY25 was ₹0.15 crores, down by 6.3% QoQ from ₹0.16 crores in Q2FY25, and down 68.1% YoY from ₹0.47 crores in Q3FY24. Earnings per share (EPS) remained stable at ₹0.10 across all compared quarters.
Operating Metrics
In terms of operating metrics, AKG Exim Ltd's total expenses for Q3FY25 were ₹29.78 crores, reflecting an 11.7% decrease from the previous quarter's expenses of ₹33.72 crores. Compared to Q3FY24, where expenses were ₹44.29 crores, there is a YoY decrease of 32.8%. The earnings per share held steady at ₹0.10 across Q3FY25, Q2FY25, and Q3FY24, indicating consistent shareholder returns per unit of shareholding despite variations in total income and profitability metrics. The stability in EPS amidst varying profits can be indicative of the company's shareholder management approach.
