Ecos (India) Mobility & Hospitality Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Ecos (India) Mobility & Hospitality 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 22.2%.
- Its expenses for the quarter were up by 8.1% QoQ and 25.8% YoY.
- The net profit decreased 18.9% QoQ and decreased 9.7% YoY.
- The earnings per share (EPS) of Ecos (India) Mobility & Hospitality Ltd stood at 2.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 169.79 | 162.32 | 138.89 | 4.6% | 22.2% |
Total Expenses | 152.69 | 141.27 | 121.34 | 8.1% | 25.8% |
Profit Before Tax | 17.10 | 21.05 | 17.55 | -18.8% | -2.6% |
Tax | 4.32 | 5.30 | 3.40 | -18.5% | 27.1% |
Profit After Tax | 12.78 | 15.75 | 14.15 | -18.9% | -9.7% |
Earnings Per Share | 2.10 | 2.60 | 2.40 | -19.2% | -12.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ecos (India) Mobility & Hospitality Ltd is a company primarily engaged in providing services related to mobility and hospitality sectors. The company operates within the broader service industry, contributing to both transportation and accommodation sectors. Unfortunately, specific details regarding the company's main products or recent major developments are unavailable within the provided data. The company's operations potentially span across various mobility solutions and hospitality services, catering to diverse customer needs in India. Given its industry placement, the company might be influenced by market trends and economic conditions affecting travel and hospitality sectors.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Ecos (India) Mobility & Hospitality Ltd reported a total income of ₹169.79 crores. This reflects a 4.6% increase from the previous quarter (Q2FY25), where the total income was ₹162.32 crores. Additionally, there was a significant year-over-year growth of 22.2% compared to the same quarter in the previous year (Q3FY24), which recorded a total income of ₹138.89 crores. The consistent increase in total income highlights the company's ability to generate higher revenues over the assessed periods.
Profitability
The financial performance in terms of profitability for Q3FY25 shows a profit before tax of ₹17.10 crores, representing an 18.8% decline from Q2FY25, where the profit before tax was ₹21.05 crores. When compared year-over-year, there was a slight decrease of 2.6% from Q3FY24, which reported a profit before tax of ₹17.55 crores. The company's profit after tax for Q3FY25 was ₹12.78 crores, which is an 18.9% decrease from the previous quarter's figure of ₹15.75 crores, and a 9.7% decrease from Q3FY24's ₹14.15 crores. The earnings per share (EPS) for Q3FY25 stood at ₹2.10, reflecting a decrease of 19.2% from the previous quarter and a 12.5% decrease year-over-year.
Operating Metrics
The total expenses for Ecos (India) Mobility & Hospitality Ltd in Q3FY25 amounted to ₹152.69 crores. This represents an 8.1% increase from Q2FY25's total expenses of ₹141.27 crores. Year-over-year, there was a 25.8% increase compared to Q3FY24's expenses of ₹121.34 crores. The tax expense for Q3FY25 was ₹4.32 crores, which is an 18.5% decrease from the previous quarter's tax of ₹5.30 crores, yet a 27.1% increase from the ₹3.40 crores tax recorded in Q3FY24. The observed changes in expenses and tax over the periods indicate variations in the company's operational costs and tax liabilities, impacting overall profitability.
