Arkade Developers Ltd's Q3FY25 Quarter Results
- 25 Jan 2025
Result Summary
- Arkade Developers Ltd reported a 13.9% 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 decline of 3.4%.
- Its expenses for the quarter were up by 14.1% QoQ and down 4.8% YoY.
- The net profit increased 15.5% QoQ and decreased 48.2% YoY.
- The earnings per share (EPS) of Arkade Developers Ltd stood at 3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 231.41 | 203.23 | 239.50 | 13.9% | -3.4% |
Total Expenses | 165.32 | 144.84 | 173.60 | 14.1% | -4.8% |
Profit Before Tax | 66.09 | 58.39 | 65.90 | 13.2% | 0.3% |
Tax | 16.56 | 15.03 | 17.76 | 10.2% | -6.8% |
Profit After Tax | 50.08 | 43.36 | 96.62 | 15.5% | -48.2% |
Earnings Per Share | 3.00 | 2.80 | 0.00 | 7.1% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Arkade Developers Ltd is a prominent entity in the real estate sector, primarily engaged in the development of residential and commercial properties. The company is recognized for delivering high-quality projects and has been a key player in urban infrastructure development. While specific recent developments in the company's operational activities are not provided, Arkade Developers Ltd continues to maintain its reputation within the competitive real estate industry. The company’s strategic focus remains on expanding its footprint in prime locations, ensuring the delivery of innovative and sustainable living spaces.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Arkade Developers Ltd reported a total income of ₹231.41 crores. This marks a significant increase of 13.9% compared to the previous quarter (Q2FY25), where the total income stood at ₹203.23 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), there is a slight decrease of 3.4%, as the total income was ₹239.50 crores. This fluctuation in revenue indicates varying market conditions and demand for the company's offerings over the past year.
Profitability
For Q3FY25, Arkade Developers Ltd recorded a Profit Before Tax (PBT) of ₹66.09 crores, which is an increase of 13.2% from the previous quarter's PBT of ₹58.39 crores. Year-over-year, the PBT shows a marginal increase of 0.3% from Q3FY24's ₹65.90 crores. The Profit After Tax (PAT) for Q3FY25 stands at ₹50.08 crores, reflecting a 15.5% increase quarter-over-quarter from ₹43.36 crores in Q2FY25. However, it shows a significant year-over-year decline of 48.2% from ₹96.62 crores in Q3FY24. The company's tax expense in Q3FY25 was ₹16.56 crores, up 10.2% from the previous quarter but down 6.8% from the same quarter last year. Earnings per Share (EPS) for the quarter was ₹3.00, reflecting a 7.1% increase from the previous quarter.
Operating Metrics
Arkade Developers Ltd's total expenses for Q3FY25 were ₹165.32 crores, which represents a 14.1% increase from Q2FY25's expenses of ₹144.84 crores. Year-over-year, there is a 4.8% decrease from Q3FY24's expenses of ₹173.60 crores. This indicates a change in the company’s cost structure or operational scale over the year. The consistent increase in expenses from the previous quarter could be attributed to various operational factors inherent in the real estate industry. The EPS of ₹3.00 in Q3FY25, up from ₹2.80 in Q2FY25, highlights a positive quarter-over-quarter performance in terms of shareholder returns, though comparative yearly data is limited for further analysis.
