DB (International) Stock Brokers Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- DB (International) Stock Brokers Ltd reported a 26.0% 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 decline of 30.8%.
- Its expenses for the quarter were down by 22.1% QoQ and 8.5% YoY.
- The net profit decreased 29.0% QoQ and decreased 67.9% YoY.
- The earnings per share (EPS) of DB (International) Stock Brokers Ltd stood at 0.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 9.15 | 12.37 | 13.23 | -26.0% | -30.8% |
Total Expenses | 8.20 | 10.53 | 8.96 | -22.1% | -8.5% |
Profit Before Tax | 0.94 | 1.84 | 4.27 | -48.9% | -78.0% |
Tax | -0.09 | 0.39 | 1.07 | -123.1% | -108.4% |
Profit After Tax | 1.03 | 1.45 | 3.21 | -29.0% | -67.9% |
Earnings Per Share | 0.30 | 0.40 | 0.90 | -25.0% | -66.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
DB (International) Stock Brokers Ltd is a company engaged in the financial services industry, primarily focusing on stock brokerage services. It provides a range of services including online trading, investment advisory, and portfolio management to its clients. The company operates within the financial markets, offering access to both individual and institutional investors. However, specific details regarding recent major developments or changes within the company are not available from the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), DB (International) Stock Brokers Ltd reported a total income of ₹9.15 crores. This represents a quarter-over-quarter (QoQ) decline of 26.0% from ₹12.37 crores in the second quarter of fiscal year 2025 (Q2FY25). Additionally, on a year-over-year (YoY) basis, total income decreased by 30.8% from ₹13.23 crores in the third quarter of fiscal year 2024 (Q3FY24). The downward trend in revenue over these periods is noted, reflecting changes in the company's financial performance.
Profitability
The company's profitability metrics indicate that in Q3FY25, the profit before tax amounted to ₹0.94 crores, showing a significant QoQ decrease of 48.9% from ₹1.84 crores in Q2FY25, and a dramatic YoY decline of 78.0% from ₹4.27 crores in Q3FY24. Additionally, the profit after tax for Q3FY25 was ₹1.03 crores, down 29.0% QoQ from ₹1.45 crores in Q2FY25, and 67.9% YoY from ₹3.21 crores in Q3FY24. Despite a negative tax expense in the latest quarter, the overall profitability saw substantial decreases across both comparative periods.
Operating Metrics
Earnings per share (EPS) in Q3FY25 was ₹0.30, reflecting a 25.0% decrease from ₹0.40 in Q2FY25 and a 66.7% decline from ₹0.90 in Q3FY24. The total expenses in Q3FY25 were ₹8.20 crores, which decreased by 22.1% QoQ from ₹10.53 crores in Q2FY25 and by 8.5% YoY from ₹8.96 crores in Q3FY24. The significant reduction in expenses did not offset the decline in income, impacting the company's earnings performance. The negative tax entry in Q3FY25 compared to the previous quarters also represents an anomaly in the financial data.
