Coastal Corporation Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Coastal Corporation Ltd reported a 19.1% 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 71.6%.
- Its expenses for the quarter were up by 18.8% QoQ and 76.6% YoY.
- The net profit increased 282.4% QoQ and decreased 33.7% YoY.
- The earnings per share (EPS) of Coastal Corporation Ltd stood at 1.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 186.50 | 156.57 | 108.70 | 19.1% | 71.6% |
Total Expenses | 184.58 | 155.33 | 104.54 | 18.8% | 76.6% |
Profit Before Tax | 1.92 | 1.24 | 4.16 | 54.8% | -53.8% |
Tax | -0.03 | 0.73 | 1.22 | -104.1% | -102.5% |
Profit After Tax | 1.95 | 0.51 | 2.94 | 282.4% | -33.7% |
Earnings Per Share | 1.50 | 0.40 | 2.20 | 275.0% | -31.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Coastal Corporation Ltd is a company operating in a sector where it provides specific products or services. Although the exact nature of these products or services is not detailed within the given data, the financial performance suggests it could be involved in a competitive and dynamic industry. Any recent major developments or strategic shifts within the company or industry are not specified in the data provided.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Coastal Corporation Ltd recorded a total income of ₹186.50 crores. This represents a quarter-over-quarter (QoQ) increase of 19.1% from ₹156.57 crores in Q2FY25, and a year-over-year (YoY) increase of 71.6% from ₹108.70 crores in Q3FY24. The robust growth in income compared to both the previous quarter and the same quarter in the previous year indicates a significant upward trend in the company's revenue generation capabilities over these periods.
Profitability
The company reported a Profit Before Tax (PBT) of ₹1.92 crores in Q3FY25, which is a 54.8% increase from ₹1.24 crores in Q2FY25. However, this is a 53.8% decrease compared to ₹4.16 crores in Q3FY24. The tax for Q3FY25 was listed as a negative value of ₹-0.03 crores, contrasting with a tax expense of ₹0.73 crores in Q2FY25 and ₹1.22 crores in Q3FY24, indicating a substantial change in the tax component. Consequently, the Profit After Tax (PAT) for Q3FY25 was ₹1.95 crores, showing a significant increase of 282.4% QoQ from ₹0.51 crores in Q2FY25, yet a 33.7% decline YoY from ₹2.94 crores in Q3FY24. Earnings Per Share (EPS) for Q3FY25 was ₹1.50, reflecting a 275.0% QoQ increase from ₹0.40 in Q2FY25 and a 31.8% YoY decrease from ₹2.20 in Q3FY24.
Operating Metrics
Total expenses for Coastal Corporation Ltd in Q3FY25 amounted to ₹184.58 crores, which is an 18.8% increase from ₹155.33 crores in the previous quarter, and a 76.6% increase from ₹104.54 crores in the same quarter of the previous year. This indicates a rise in operational costs over both periods. The disproportionate increase in income relative to expenses quarter-over-quarter suggests a potential improvement in operational efficiency, while the year-over-year comparison shows the expenses growing at a faster rate than income. These metrics provide insight into the company's cost management and operational strategies over the given periods.
