Crest Ventures Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Crest Ventures Ltd reported a 24.1% 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 decline of 14.7%.
- Its expenses for the quarter were up by 27.7% QoQ and down 24.7% YoY.
- The net profit - - QoQ and increased 18.1% YoY.
- The earnings per share (EPS) of Crest Ventures Ltd stood at 5.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 44.02 | 35.47 | 51.62 | 24.1% | -14.7% |
Total Expenses | 24.69 | 19.33 | 32.79 | 27.7% | -24.7% |
Profit Before Tax | 17.89 | 0.00 | 15.44 | - | 15.9% |
Tax | 4.60 | 0.00 | 4.29 | - | 7.2% |
Profit After Tax | 14.53 | 0.00 | 12.30 | - | 18.1% |
Earnings Per Share | 5.10 | 0.00 | 4.30 | - | 18.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Crest Ventures Ltd operates in the investment and financial services industry, focusing on a diversified portfolio ranging from real estate to financial investments. As a multifaceted entity, the company is involved in activities that span across investments in real estate, leasing, and financial services. Crest Ventures Ltd has been known for its strategic investments and operational focus in these sectors, although detailed information on any recent developments within the company is not available from the provided data. The company's operations are characterized by an emphasis on optimizing its investment portfolio to maximize returns.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Crest Ventures Ltd reported a total income of ₹44.02 crores. This marks a substantial quarter-over-quarter (QoQ) increase of 24.1% compared to ₹35.47 crores in the second quarter of the same fiscal year (Q2FY25). However, when compared to the third quarter of the previous fiscal year (Q3FY24), which recorded a total income of ₹51.62 crores, there is a year-over-year (YoY) decline of 14.7%. These figures reflect the company's ability to generate income amidst changing market conditions over the quarters.
Profitability
During Q3FY25, Crest Ventures Ltd achieved a profit before tax of ₹17.89 crores, showing a YoY increase of 15.9% from ₹15.44 crores in Q3FY24. The tax expense for the quarter was ₹4.60 crores, slightly higher than the ₹4.29 crores reported in the same quarter of the previous year, reflecting a YoY increase of 7.2%. The company's profit after tax for Q3FY25 stood at ₹14.53 crores, which is an 18.1% increase from the ₹12.30 crores in Q3FY24. Earnings per share (EPS) also increased by 18.6% YoY, rising from ₹4.30 to ₹5.10. These profitability metrics highlight the company's performance in managing its operational and financial costs effectively.
Operating Metrics
Crest Ventures Ltd's total expenses in Q3FY25 were ₹24.69 crores, representing a QoQ increase of 27.7% from ₹19.33 crores in Q2FY25. Comparatively, there was a significant YoY decrease of 24.7% from ₹32.79 crores in Q3FY24. This indicates a shift in the company’s cost structure over the reporting periods. Despite the increase in expenses from the previous quarter, the company managed to maintain a strong profit margin due to a higher total income. The absence of profit before tax and tax expenses in Q2FY25 suggests a possible non-operational quarter or an anomaly in reporting, which would require further investigation outside the provided data.
