Allsec Technologies Ltd's Q3FY25 Quarter Results
- 23 Jan 2025
Result Summary
- Allsec Technologies Ltd reported a 9.0% 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 18.7%.
- Its expenses for the quarter were up by 6.1% QoQ and 19.1% YoY.
- The net profit increased 64.1% QoQ and increased 76.9% YoY.
- The earnings per share (EPS) of Allsec Technologies Ltd stood at 13.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 143.04 | 131.18 | 120.54 | 9.0% | 18.7% |
Total Expenses | 118.57 | 111.77 | 99.58 | 6.1% | 19.1% |
Profit Before Tax | 24.47 | 20.02 | 20.96 | 22.2% | 16.7% |
Tax | 4.55 | 7.88 | 9.70 | -42.3% | -53.1% |
Profit After Tax | 19.92 | 12.14 | 11.26 | 64.1% | 76.9% |
Earnings Per Share | 13.10 | 8.00 | 7.40 | 63.7% | 77.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Allsec Technologies Ltd is a prominent player in the business process outsourcing (BPO) and human resource outsourcing (HRO) industries. The company primarily provides services such as payroll processing, human resources management, and contact center outsourcing solutions. With a strong presence in both domestic and international markets, Allsec Technologies has carved a niche in delivering high-quality outsourcing solutions tailored to clients’ needs. Recent developments, if any, are not specified within the provided data, but the company continues to focus on leveraging technological advancements to enhance service delivery and operational efficiency.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Allsec Technologies Ltd reported a total income of ₹143.04 crores. This represents a quarter-over-quarter (QoQ) increase of 9.0% from ₹131.18 crores in the second quarter of fiscal year 2025 (Q2FY25), and a year-over-year (YoY) increase of 18.7% from ₹120.54 crores in the third quarter of fiscal year 2024 (Q3FY24). The consistent growth in total income reflects the company's ability to enhance its revenue streams over both short and extended periods, driven by its core service offerings and possibly expanded client engagements.
Profitability
The profitability of Allsec Technologies Ltd saw a notable improvement in Q3FY25, with the profit before tax (PBT) recorded at ₹24.47 crores. This marks a significant QoQ growth of 22.2% from ₹20.02 crores in Q2FY25, and a YoY rise of 16.7% from ₹20.96 crores in Q3FY24. The profit after tax (PAT) for Q3FY25 stood at ₹19.92 crores, experiencing a substantial QoQ increase of 64.1% from ₹12.14 crores in Q2FY25 and a YoY increase of 76.9% from ₹11.26 crores in Q3FY24. The tax expense for the quarter was ₹4.55 crores, which decreased by 42.3% QoQ and 53.1% YoY, contributing to the enhanced net profitability.
Operating Metrics
The company's operating metrics indicate a positive trajectory with the earnings per share (EPS) reaching ₹13.10 in Q3FY25. This represents a QoQ increase of 63.7% from ₹8.00 in Q2FY25 and a YoY increase of 77.0% from ₹7.40 in Q3FY24. Total expenses for Q3FY25 were ₹118.57 crores, showing a 6.1% QoQ increase from ₹111.77 crores in Q2FY25 and a 19.1% YoY rise from ₹99.58 crores in Q3FY24. The increase in expenses aligns with the growth in revenue and profitability, suggesting efficient cost management despite the rising operational activities.
