Aurum Proptech Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Aurum Proptech Ltd reported a 3.9% 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 growth of 13.1%.
- Its expenses for the quarter were up by 0.2% QoQ and down 7.1% YoY.
- The net profit decreased 29.9% QoQ and decreased 60.0% YoY.
- The earnings per share (EPS) of Aurum Proptech Ltd declined at 1.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 70.23 | 67.61 | 62.09 | 3.9% | 13.1% |
Total Expenses | 79.86 | 79.68 | 85.96 | 0.2% | -7.1% |
Profit Before Tax | -9.63 | -12.07 | -23.87 | -20.2% | -59.7% |
Tax | -1.11 | 0.08 | -2.55 | -1487.5% | -56.5% |
Profit After Tax | -8.52 | -12.15 | -21.32 | -29.9% | -60.0% |
Earnings Per Share | -1.20 | -1.20 | -4.70 | 0.0% | -74.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Aurum Proptech Ltd is a company operating within the technology sector, focusing specifically on providing innovative solutions for the real estate industry. The company is known for leveraging technology to enhance property management and real estate services. As of the latest data provided, the company has not disclosed any recent major developments or strategic changes. Aurum Proptech Ltd remains committed to its mission of transforming real estate operations through advanced tech solutions, although specific details about recent product launches or services are not available in the current dataset.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Aurum Proptech Ltd reported a total income of ₹70.23 crores. This represents a quarter-over-quarter (QoQ) growth of 3.9% from ₹67.61 crores in Q2FY25 and a year-over-year (YoY) increase of 13.1% from ₹62.09 crores recorded in Q3FY24. The steady rise in total income indicates growth in the company's revenue streams over both the past quarter and the year. However, specific factors contributing to this revenue growth are not detailed in the provided data.
Profitability
For Q3FY25, Aurum Proptech Ltd reported a loss before tax of ₹9.63 crores, showing a reduction in losses by 20.2% QoQ from ₹12.07 crores in Q2FY25. When compared YoY, the loss before tax decreased by 59.7% from ₹23.87 crores in Q3FY24. The company's tax expenses in Q3FY25 stood at -₹1.11 crores, reflecting a significant QoQ decrease of 1487.5% from the previous quarter's tax of ₹0.08 crores, and a YoY decrease of 56.5% from a tax expense of -₹2.55 crores in Q3FY24. Consequently, the profit after tax for Q3FY25 was a loss of ₹8.52 crores, marking a 29.9% reduction in losses QoQ and a 60.0% decrease in losses YoY from ₹21.32 crores. The earnings per share (EPS) for Q3FY25 remained constant at -₹1.20 compared to Q2FY25, while improving from an EPS of -₹4.70 in Q3FY24, indicating a notable YoY improvement.
Operating Metrics
Examining the company's operational expenditures, Aurum Proptech Ltd's total expenses for Q3FY25 were ₹79.86 crores, marginally increasing by 0.2% from ₹79.68 crores in Q2FY25. This reflects a significant YoY reduction of 7.1% from ₹85.96 crores in Q3FY24. The reduction in total expenses YoY indicates improved cost management compared to the previous year. However, the slight QoQ increase suggests stable operational expenses over the recent quarters. The provided financial data does not include specific operating metrics such as debt-to-equity ratios or current ratios, which would require additional information to calculate.
