Arman Financial Services Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Arman Financial Services Ltd reported a 9.2% 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 2.4%.
- Its expenses for the quarter were down by 7.9% QoQ and 0.6% YoY.
- The net profit decreased 147.5% QoQ and decreased 117.3% YoY.
- The earnings per share (EPS) of Arman Financial Services Ltd declined at 6.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 164.77 | 181.49 | 168.76 | -9.2% | -2.4% |
Total Expenses | 95.69 | 103.92 | 96.30 | -7.9% | -0.6% |
Profit Before Tax | -6.89 | 22.31 | 55.18 | -130.9% | -112.5% |
Tax | 0.37 | 7.05 | 13.18 | -94.8% | -97.2% |
Profit After Tax | -7.26 | 15.27 | 42.00 | -147.5% | -117.3% |
Earnings Per Share | -6.90 | 14.50 | 44.40 | -147.6% | -115.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Arman Financial Services Ltd is a non-banking financial company primarily engaged in providing financial services. The company operates in the financial services industry, focusing on lending and other related financial products. Arman Financial Services Ltd offers a range of financial products including micro-finance, two-wheeler loans, and small business loans to underserved markets in India. Recent developments within the sector include regulatory changes and shifts in consumer behavior due to broader economic conditions. However, specific recent major developments for Arman Financial Services Ltd are not available based on the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Arman Financial Services Ltd reported a total income of ₹164.77 crores. This represents a decrease of 9.2% from the previous quarter (Q2FY25), where the total income was ₹181.49 crores. Additionally, when compared to the same quarter in the previous year (Q3FY24), the total income decreased by 2.4%, down from ₹168.76 crores. The decline in revenue on both a quarter-over-quarter (QoQ) and year-over-year (YoY) basis indicates a challenging period for the company's income generation.
Profitability
The company's profitability saw a significant downturn in Q3FY25. The profit before tax was reported as a loss of ₹6.89 crores, a stark contrast to the profit of ₹22.31 crores in Q2FY25 and ₹55.18 crores in Q3FY24. This resulted in a QoQ decline of 130.9% and a YoY decrease of 112.5%. Similarly, the profit after tax was a loss of ₹7.26 crores, compared to a profit of ₹15.27 crores in the previous quarter and ₹42.00 crores in the same quarter last year. This reflects a decline of 147.5% QoQ and 117.3% YoY. The earnings per share (EPS) followed the same trend, with a negative value of ₹6.90 in Q3FY25, down from ₹14.50 in Q2FY25 and ₹44.40 in Q3FY24, indicating a QoQ decline of 147.6% and a YoY decline of 115.5%.
Operating Metrics
Total expenses in Q3FY25 were reported at ₹95.69 crores, a decrease of 7.9% from the previous quarter's ₹103.92 crores, and a slight decrease of 0.6% from ₹96.30 crores in Q3FY24. The company's tax expense was ₹0.37 crores in Q3FY25, showing a significant reduction from ₹7.05 crores in Q2FY25 and ₹13.18 crores in Q3FY24. This represents a QoQ decrease of 94.8% and a YoY decrease of 97.2%. Despite the reduction in expenses, the company faced a challenging period in terms of profitability, as reflected in the negative profit figures. The financial data indicates a notable decline in the company's performance metrics over the reported periods.
