Almondz Global Securities Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Almondz Global Securities Ltd reported a 2.5% 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 growth of 7.8%.
- Its expenses for the quarter were down by 3.1% QoQ and up 10.1% YoY.
- The net profit decreased 8.3% QoQ and decreased 87.8% YoY.
- The earnings per share (EPS) of Almondz Global Securities Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 33.57 | 34.43 | 31.14 | -2.5% | 7.8% |
Total Expenses | 30.88 | 31.88 | 28.04 | -3.1% | 10.1% |
Profit Before Tax | 2.43 | 2.40 | 18.87 | 1.3% | -87.1% |
Tax | 0.52 | 0.41 | 0.40 | 26.8% | 30.0% |
Profit After Tax | 2.43 | 2.65 | 19.84 | -8.3% | -87.8% |
Earnings Per Share | 0.10 | 0.20 | 7.10 | -50.0% | -98.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Almondz Global Securities Ltd is a company engaged in the financial services industry. It primarily offers a range of services including investment banking, institutional equity, and debt capital markets services. The company is known for its expertise in advisory and fundraising activities, catering to both corporate and individual clients. There is no specific information available regarding recent major developments within the company for this period.
Revenue
In Q3FY25, Almondz Global Securities Ltd reported a total income of ₹33.57 crores, reflecting a decrease of 2.5% from ₹34.43 crores in the previous quarter, Q2FY25. However, on a year-over-year basis, there is an increase of 7.8% compared to ₹31.14 crores in Q3FY24. This indicates a growth in revenue over the year, despite the quarterly decline. The fluctuations in revenue could be attributed to various factors within the financial services sector, including market conditions and client activity.
Profitability
Almondz Global Securities Ltd's Profit Before Tax (PBT) for Q3FY25 was ₹2.43 crores, showing a slight increase of 1.3% from the previous quarter's ₹2.40 crores. Nevertheless, there is a significant year-over-year decline of 87.1% from ₹18.87 crores in Q3FY24. The Profit After Tax (PAT) for Q3FY25 was also ₹2.43 crores, down 8.3% from ₹2.65 crores in the previous quarter and an 87.8% decrease from ₹19.84 crores in the same quarter of the previous year. These figures suggest substantial changes in profitability over the year. Earnings Per Share (EPS) for Q3FY25 stands at ₹0.10, which is a 50% decrease from the previous quarter's ₹0.20 and a 98.6% decrease from ₹7.10 in Q3FY24.
Operating Metrics
Total Expenses for Q3FY25 were reported at ₹30.88 crores, which is a 3.1% decrease from ₹31.88 crores in Q2FY25, and a 10.1% increase from ₹28.04 crores in Q3FY24. The tax expense for Q3FY25 was ₹0.52 crores, reflecting a 26.8% increase from ₹0.41 crores in the previous quarter, and a 30.0% increase from ₹0.40 crores in Q3FY24. The significant year-over-year changes in expenses and taxes indicate shifts in the company's cost structure and tax obligations. These variations could be due to changes in operational strategies or external economic factors affecting the financial services industry.
