Cambridge Technology Enterprises Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Cambridge Technology Enterprises Ltd reported a 25.6% 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 0.7%.
- Its expenses for the quarter were down by 19.1% QoQ and up 29.5% YoY.
- The net profit decreased 84.7% QoQ and decreased 149.8% YoY.
- The earnings per share (EPS) of Cambridge Technology Enterprises Ltd declined at 2.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 53.35 | 42.46 | 53.72 | 25.6% | -0.7% |
Total Expenses | 57.31 | 70.82 | 44.24 | -19.1% | 29.5% |
Profit Before Tax | -3.96 | -28.35 | 9.47 | -86.0% | -141.8% |
Tax | 0.48 | 0.61 | 0.58 | -21.3% | -17.2% |
Profit After Tax | -4.43 | -28.96 | 8.89 | -84.7% | -149.8% |
Earnings Per Share | -2.30 | -14.80 | 4.70 | -84.5% | -148.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Cambridge Technology Enterprises Ltd is a technology services company that specializes in providing IT services and consulting solutions. The company operates in the information technology industry, catering to various sectors by offering digital transformation services. As of the latest information available, Cambridge Technology Enterprises focuses on harnessing the power of cloud computing, big data, and artificial intelligence to deliver innovative solutions to its clients. Any recent major developments or strategic shifts are not available based on the provided data.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Cambridge Technology Enterprises Ltd reported a total income of ₹53.35 crores. This figure reflects a quarter-over-quarter (QoQ) increase of 25.6% from ₹42.46 crores in the previous quarter (Q2FY25). However, compared to the same quarter in the previous fiscal year (Q3FY24), there was a slight year-over-year (YoY) decline of 0.7%, as the total income was ₹53.72 crores at that time. These figures indicate variations in revenue performance both on a quarterly and annual basis.
Profitability
The profitability metrics for Cambridge Technology Enterprises Ltd in Q3FY25 show a challenging landscape. The company recorded a loss with a Profit Before Tax (PBT) of -₹3.96 crores. This represents a significant QoQ improvement of 86.0% from a loss of -₹28.35 crores in Q2FY25. However, there was a considerable decline on a YoY basis, as the PBT in Q3FY24 was a positive ₹9.47 crores, marking a 141.8% drop. The Profit After Tax (PAT) for Q3FY25 was -₹4.43 crores, improving by 84.7% QoQ from -₹28.96 crores in Q2FY25, but declining by 149.8% YoY from a profit of ₹8.89 crores in Q3FY24. The Earnings Per Share (EPS) in Q3FY25 stood at -₹2.30, reflecting a QoQ improvement of 84.5% from -₹14.80 in Q2FY25, but a YoY decline of 148.9% from ₹4.70 in Q3FY24.
Operating Metrics
The total expenses for Cambridge Technology Enterprises Ltd in Q3FY25 amounted to ₹57.31 crores. This figure indicates a QoQ reduction of 19.1% from ₹70.82 crores in Q2FY25. On a YoY basis, total expenses increased by 29.5% from ₹44.24 crores in Q3FY24. The company’s tax expenses for Q3FY25 were ₹0.48 crores, showing a decrease of 21.3% QoQ from ₹0.61 crores in Q2FY25 and a 17.2% decrease YoY from ₹0.58 crores in Q3FY24. These operating metrics provide insights into the company's cost management and tax obligations over the reported periods.
