Choice International Ltd's Q3FY25 Quarter Results
- 3d ago
Result Summary
- Choice International Ltd reported a 15.1% 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 growth of 0.8%.
- Its expenses for the quarter were down by 10.8% QoQ and up 9.5% YoY.
- The net profit decreased 33.8% QoQ and decreased 23.7% YoY.
- The earnings per share (EPS) of Choice International Ltd stood at 1.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 211.49 | 249.21 | 209.78 | -15.1% | 0.8% |
Total Expenses | 168.17 | 188.57 | 153.57 | -10.8% | 9.5% |
Profit Before Tax | 43.31 | 60.64 | 56.21 | -28.6% | -22.9% |
Tax | 12.57 | 14.19 | 15.93 | -11.4% | -21.1% |
Profit After Tax | 30.74 | 46.45 | 40.28 | -33.8% | -23.7% |
Earnings Per Share | 1.50 | 2.30 | 4.00 | -34.8% | -62.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Choice International Ltd is a company whose primary business operations and industry sector have not been provided. Thus, specific details about its main products or services, industry classification, and any recent major developments are unavailable. Without these details, the focus of this report will strictly adhere to the analysis of the company's financial performance based on the provided quarterly data. It should be noted that the absence of industry context may limit the scope of comparative and strategic analysis.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Choice International Ltd reported a total income of ₹211.49 crores. This represents a sequential decline of 15.1% from ₹249.21 crores in the previous quarter (Q2FY25). On a year-over-year basis, the total income increased marginally by 0.8% compared to ₹209.78 crores in the same quarter of the previous year (Q3FY24). The data indicates a significant QoQ decrease in total income, while the YoY change shows stability with a slight upward trend. This highlights variations in revenue generation over the periods analyzed.
Profitability
The company recorded a profit before tax (PBT) of ₹43.31 crores in Q3FY25, which declined by 28.6% from ₹60.64 crores in Q2FY25 and by 22.9% from ₹56.21 crores in Q3FY24. The tax expense for Q3FY25 stood at ₹12.57 crores, showing an 11.4% decrease from Q2FY25 and a 21.1% decrease from Q3FY24. Profit after tax (PAT) was ₹30.74 crores, reflecting a significant reduction of 33.8% from the previous quarter and 23.7% from the same quarter last year. The earnings per share (EPS) also experienced a notable decline, decreasing by 34.8% QoQ and 62.5% YoY, ending at ₹1.50. These figures demonstrate substantial reductions in profitability across both sequential and annual comparisons.
Operating Metrics
Total expenses for Q3FY25 amounted to ₹168.17 crores, which is a decrease of 10.8% from ₹188.57 crores in Q2FY25. However, when compared to Q3FY24, there was an increase of 9.5% from ₹153.57 crores. The changes in total expenses indicate a reduction in costs from the prior quarter but an increase over the past year. The operating metrics underscore a reduction in both revenue and expenses on a quarterly basis, with an annual increase in expenses despite the slight rise in revenue. These trends provide insights into the company's cost management and operational efficiency over the specified quarters.
