Baazar Style Retail Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- Baazar Style Retail Ltd reported a 32.1% 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 21.9%.
- Its expenses for the quarter were up by 14.7% QoQ and 29.5% YoY.
- The net profit decreased 440.3% QoQ and decreased 20.6% YoY.
- The earnings per share (EPS) of Baazar Style Retail Ltd stood at 4.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 413.50 | 313.12 | 339.16 | 32.1% | 21.9% |
Total Expenses | 372.72 | 324.99 | 287.90 | 14.7% | 29.5% |
Profit Before Tax | 40.77 | -11.87 | 51.26 | -443.5% | -20.5% |
Tax | 10.36 | -2.93 | 12.93 | -453.6% | -19.9% |
Profit After Tax | 30.42 | -8.94 | 38.33 | -440.3% | -20.6% |
Earnings Per Share | 4.10 | -1.30 | 0.00 | -415.4% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Baazar Style Retail Ltd is a company whose primary focus is in the retail industry. It provides a variety of consumer products, typically involving fashion, home goods, or lifestyle products. As with many retail companies, Baazar Style Retail Ltd would likely be involved in both physical store operations and possibly digital commerce, reflecting broader industry trends. The company would be positioned in a competitive market, responding to consumer demand and economic conditions which can significantly impact its financial performance. No specific recent developments or strategic initiatives for Baazar Style Retail Ltd are available from the provided data.
Revenue
For the quarter ending in Q3FY25, Baazar Style Retail Ltd reported a total income of ₹413.50 crores. This represents a significant quarter-over-quarter (QoQ) increase of 32.1% from the previous quarter (Q2FY25), where total income was ₹313.12 crores. Comparing year-over-year (YoY) results, the income increased by 21.9% from Q3FY24, where the total income was ₹339.16 crores. This growth indicates a robust performance in terms of revenue generation over both the recent quarter and the past year.
Profitability
In Q3FY25, Baazar Style Retail Ltd recorded a profit before tax of ₹40.77 crores. This represents a substantial turnaround from Q2FY25, where the company reported a loss before tax of ₹11.87 crores. On a year-over-year basis, profit before tax decreased by 20.5% compared to Q3FY24's ₹51.26 crores. The tax expense for Q3FY25 was ₹10.36 crores, compared to a tax benefit in Q2FY25 of -₹2.93 crores, and a tax expense of ₹12.93 crores in Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹30.42 crores, a marked improvement from a loss of ₹8.94 crores in Q2FY25, though lower than the profit of ₹38.33 crores in Q3FY24. The earnings per share for Q3FY25 was ₹4.10, recovering from a negative position in the previous quarter.
Operating Metrics
Analyzing the operating metrics, the company's total expenses in Q3FY25 were ₹372.72 crores, reflecting a 14.7% increase from Q2FY25's ₹324.99 crores. Compared to Q3FY24, where expenses were ₹287.90 crores, there was a 29.5% rise, indicating increased operational costs over the year. The significant increase in total income relative to expenses for Q3FY25 suggests an improvement in operational efficiency from the previous quarter. However, compared to the same quarter last year, the increase in expenses outpaced the growth in income, affecting the overall profitability. Key financial ratios such as the P/E ratio and current ratio were not provided, which limits the analysis of valuation and liquidity measures.
