Emami Realty Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Emami Realty Ltd reported a 255.8% 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 79.6%.
- Its expenses for the quarter were up by 158.1% QoQ and 45.1% YoY.
- The net profit increased 46.7% QoQ and increased 15.5% YoY.
- The earnings per share (EPS) of Emami Realty Ltd declined at 5.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 69.96 | 19.66 | 38.96 | 255.8% | 79.6% |
Total Expenses | 95.94 | 37.17 | 66.11 | 158.1% | 45.1% |
Profit Before Tax | -25.98 | -17.51 | -27.15 | 48.4% | -4.3% |
Tax | -6.51 | -4.23 | -10.29 | 53.9% | -36.7% |
Profit After Tax | -19.47 | -13.27 | -16.86 | 46.7% | 15.5% |
Earnings Per Share | -5.10 | -3.50 | -4.50 | 45.7% | 13.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Emami Realty Ltd operates within the real estate industry, focusing on the development of commercial, residential, and mixed-use properties. As a subsidiary of the larger Emami Group, the company is known for its diversified portfolio, encompassing various real estate projects across India. While specific recent developments for Emami Realty Ltd are not mentioned in the provided data, the company is typically involved in projects that span from luxury apartments to commercial office spaces, catering to a wide array of customer needs. The company is positioned in a competitive market, and its financial results are reflective of its operations within this dynamic sector.
Revenue
For the third quarter of fiscal year 2025, Emami Realty Ltd reported a total income of ₹69.96 crores. This represents a substantial increase of 255.8% compared to the previous quarter (Q2FY25), where the total income was ₹19.66 crores. When compared to the same quarter in the previous fiscal year (Q3FY24), where total income was ₹38.96 crores, the year-over-year increase is 79.6%. These figures underscore a notable growth in revenue generation over both the quarterly and annual periods.
Profitability
In terms of profitability, the company reported a loss before tax of ₹25.98 crores in Q3FY25. This reflects a 48.4% increase in the loss compared to the previous quarter's loss of ₹17.51 crores but a slight improvement from the loss of ₹27.15 crores in Q3FY24, marking a 4.3% reduction in the loss year-over-year. The tax expense for Q3FY25 was negative ₹6.51 crores, indicating a tax benefit, which is higher than the negative ₹4.23 crores reported in the previous quarter and lower than the negative ₹10.29 crores in Q3FY24. The resultant profit after tax stands at a negative ₹19.47 crores for Q3FY25, reflecting a 46.7% increase in loss from Q2FY25 and a 15.5% increase in loss year-over-year compared to Q3FY24.
Operating Metrics
The company's earnings per share (EPS) for Q3FY25 was reported at negative ₹5.10, compared to negative ₹3.50 in Q2FY25 and negative ₹4.50 in Q3FY24. This marks a 45.7% increase in the negative EPS quarter-over-quarter and a 13.3% increase year-over-year. The total expenses for the quarter stood at ₹95.94 crores, which is a significant rise of 158.1% from the ₹37.17 crores recorded in the previous quarter, and a 45.1% increase from the ₹66.11 crores in the same quarter of the previous year. These figures highlight the dynamics in Emami Realty Ltd's operational expenditures relative to its revenue performance over the observed periods.
