DigiSpice Technologies Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- DigiSpice Technologies Ltd reported a 4.6% 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 2.7%.
- Its expenses for the quarter were up by 2.6% QoQ and 7.0% YoY.
- The net profit increased 166.7% QoQ and increased 1043.3% YoY.
- The earnings per share (EPS) of DigiSpice Technologies Ltd declined at 0.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 119.22 | 113.97 | 116.07 | 4.6% | 2.7% |
Total Expenses | 116.94 | 113.97 | 109.25 | 2.6% | 7.0% |
Profit Before Tax | -17.34 | -5.75 | 6.82 | 201.6% | -354.3% |
Tax | 1.33 | 1.47 | 3.26 | -9.5% | -59.2% |
Profit After Tax | -19.55 | -7.33 | -1.71 | 166.7% | 1043.3% |
Earnings Per Share | -0.80 | -0.30 | -0.10 | 166.7% | 700.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
DigiSpice Technologies Ltd is a company operating in the telecommunications and IT services industry. It specializes in providing a range of digital services and solutions, including digital financial services, telecom solutions, and value-added services for mobile operators and enterprises. The company leverages technology to deliver innovative and customer-centric solutions. While specific recent developments are not provided, the company's focus on digital transformation aligns with current industry trends toward increased digitalization and technological advancements. More detailed information about recent initiatives or strategic changes is not available from the given data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), DigiSpice Technologies Ltd reported a total income of ₹119.22 crores, marking a quarter-over-quarter (QoQ) increase of 4.6% from ₹113.97 crores in the second quarter of fiscal year 2025 (Q2FY25). Additionally, when compared to the third quarter of fiscal year 2024 (Q3FY24), the total income saw a year-over-year (YoY) growth of 2.7% from ₹116.07 crores. This increase in total income over both time frames indicates a positive revenue trend for the company in the current fiscal period as compared to previous quarters and the same quarter last year.
Profitability
The third quarter of fiscal year 2025 (Q3FY25) saw a decline in profitability for DigiSpice Technologies Ltd, with a reported profit before tax of -₹17.34 crores, which reflects a significant decrease from the -₹5.75 crores in the second quarter of fiscal year 2025 (Q2FY25). This change represents a 201.6% increase in the loss reported quarter-over-quarter (QoQ). Furthermore, compared to a profit before tax of ₹6.82 crores in the third quarter of fiscal year 2024 (Q3FY24), this represents a year-over-year (YoY) decline of 354.3%. The profit after tax for Q3FY25 was -₹19.55 crores, down from -₹7.33 crores in Q2FY25 and -₹1.71 crores in Q3FY24, indicating a significant decline both QoQ and YoY. Earnings per share also decreased to -₹0.80 from -₹0.30 in Q2FY25 and -₹0.10 in Q3FY24, reflecting a 166.7% QoQ and 700.0% YoY decline.
Operating Metrics
The operational expenses for DigiSpice Technologies Ltd in the third quarter of fiscal year 2025 (Q3FY25) amounted to ₹116.94 crores, increasing by 2.6% from ₹113.97 crores in the second quarter of fiscal year 2025 (Q2FY25). On a year-over-year (YoY) basis, the expenses increased by 7.0% from ₹109.25 crores in the third quarter of fiscal year 2024 (Q3FY24). The tax expense in Q3FY25 was ₹1.33 crores, showing a decline of 9.5% from ₹1.47 crores in Q2FY25 and a YoY decrease of 59.2% from ₹3.26 crores in Q3FY24. These metrics suggest changes in operating efficiency and tax strategy over the periods analysed, impacting the overall financial performance of the company.
