Dhani Services Ltd's Q3FY25 Quarter Results
- 01 Feb 2025
Result Summary
- Dhani Services Ltd reported a 3.6% 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 1.5%.
- Its expenses for the quarter were down by 5.4% QoQ and 35.8% YoY.
- The net profit increased 24.6% QoQ and decreased 105.8% YoY.
- The earnings per share (EPS) of Dhani Services Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 109.13 | 113.24 | 107.54 | -3.6% | 1.5% |
Total Expenses | 96.27 | 101.81 | 149.91 | -5.4% | -35.8% |
Profit Before Tax | 30.83 | 10.28 | -87.12 | 199.9% | -135.4% |
Tax | 25.62 | 6.09 | 2.35 | 320.7% | 990.2% |
Profit After Tax | 5.22 | 4.19 | -89.46 | 24.6% | -105.8% |
Earnings Per Share | 0.10 | 0.30 | -1.60 | -66.7% | -106.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Dhani Services Ltd is a prominent player in the financial services sector, catering to a wide range of consumer financial needs. The company primarily focuses on providing personal finance solutions, including digital lending, payments, and insurance services. Dhani Services has embraced technology and innovation to deliver seamless and accessible financial services to its customers. The company has recently been involved in expanding its digital platform to enhance user experience and broaden its customer base. However, specific recent major developments or strategic initiatives are not available in the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Dhani Services Ltd reported total income of ₹109.13 crores. This represents a decrease of 3.6% compared to the previous quarter (Q2FY25), where the total income was ₹113.24 crores. On a year-over-year basis, the total income increased by 1.5% from ₹107.54 crores in Q3FY24. The revenue figures indicate a slight improvement from the same quarter last year, although there is a marginal decline from the previous quarter. The revenue trend highlights the company's ability to sustain its income levels amidst changing market conditions.
Profitability
Dhani Services Ltd's profitability metrics for Q3FY25 show significant variation compared to both the previous quarter and the same period last year. The company recorded a profit before tax (PBT) of ₹30.83 crores, marking a substantial increase of 199.9% quarter-over-quarter from ₹10.28 crores in Q2FY25. However, compared to Q3FY24, where the company experienced a loss before tax of ₹87.12 crores, the improvement is notable. The tax expenses for Q3FY25 were ₹25.62 crores, up 320.7% from the previous quarter and 990.2% from the same quarter last year. Profit after tax (PAT) for Q3FY25 was ₹5.22 crores, reflecting an increase of 24.6% QoQ and a recovery from a loss of ₹89.46 crores YoY. The earnings per share (EPS) for Q3FY25 stood at ₹0.10, a decrease of 66.7% from Q2FY25 and an improvement from a loss in Q3FY24.
Operating Metrics
Analyzing Dhani Services Ltd's operating metrics reveals key insights into its financial performance. Total expenses for Q3FY25 were ₹96.27 crores, representing a decrease of 5.4% quarter-over-quarter from ₹101.81 crores in Q2FY25. Year-over-year, total expenses decreased significantly by 35.8% from ₹149.91 crores in Q3FY24. The decline in expenses both QoQ and YoY highlights a marked reduction in operational costs. The company's ability to manage expenses effectively has contributed to its improved profitability metrics over the periods analyzed. Additionally, the profit before tax margin, calculated as PBT divided by total income, indicates improved operational efficiency compared to the previous periods.
