Digidrive Distributors Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Digidrive Distributors Ltd reported a 28.3% 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 9.2%.
- Its expenses for the quarter were up by 21.0% QoQ and 0.6% YoY.
- The net profit increased 380.0% QoQ and increased 1614.3% YoY.
- The earnings per share (EPS) of Digidrive Distributors Ltd stood at 0.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 14.58 | 11.36 | 13.35 | 28.3% | 9.2% |
Total Expenses | 13.36 | 11.04 | 13.28 | 21.0% | 0.6% |
Profit Before Tax | 1.22 | 0.32 | 0.07 | 281.2% | 1642.9% |
Tax | 0.02 | 0.07 | 0.00 | -71.4% | - |
Profit After Tax | 1.20 | 0.25 | 0.07 | 380.0% | 1614.3% |
Earnings Per Share | 0.30 | 0.10 | 0.00 | 200.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Digidrive Distributors Ltd is a company operating in the distribution sector. While specific details about the company's main products or services, industry, and recent developments are not provided, the company is presumed to be involved in distributing goods, likely in a sector that necessitates significant logistical capabilities. As the financial data does not specify further, it is important to note that the company's main line of business, as well as any recent strategic movements, are not explicitly mentioned in the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Digidrive Distributors Ltd reported a total income of ₹14.58 crores. This represents an increase of 28.3% from the previous quarter (Q2FY25) where the total income was ₹11.36 crores. Compared to the same quarter in the previous fiscal year (Q3FY24), the total income increased by 9.2%, from ₹13.35 crores. These figures illustrate the company's revenue performance over the past year, with notable growth both quarter-over-quarter and year-over-year.
Profitability
The company's profitability metrics reveal significant changes over the reported periods. Profit Before Tax (PBT) for Q3FY25 was ₹1.22 crores, reflecting a substantial increase of 281.2% from Q2FY25's PBT of ₹0.32 crores and an even larger increase of 1642.9% from Q3FY24's PBT of ₹0.07 crores. Profit After Tax (PAT) also saw a marked increase, reaching ₹1.20 crores in Q3FY25, up from ₹0.25 crores in Q2FY25, representing a 380.0% increase, and further up from ₹0.07 crores in Q3FY24, marking a 1614.3% increase. These figures indicate significant changes in profitability over both the quarterly and annual periods, which are reflected in the Earnings Per Share (EPS) as well. The EPS increased from ₹0.10 in Q2FY25 to ₹0.30 in Q3FY25, a 200.0% increase. Comparatively, the EPS saw an increase from ₹0.00 in Q3FY24.
Operating Metrics
In Q3FY25, the total expenses of Digidrive Distributors Ltd were ₹13.36 crores, compared to ₹11.04 crores in Q2FY25, showing a quarter-over-quarter increase of 21.0%. When compared to Q3FY24, where the total expenses were ₹13.28 crores, there was a slight year-over-year increase of 0.6%. The taxation for the company in Q3FY25 amounted to ₹0.02 crores, a decrease of 71.4% from Q2FY25's tax of ₹0.07 crores. There was no comparative tax amount provided for Q3FY24. This financial data illustrates the company's operating expenses and tax obligations over the specified periods, without further elaboration on specific operational changes or strategic initiatives.
