Emkay Global Financial Services Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Emkay Global Financial Services Ltd reported a 26.9% 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 0.6%.
- Its expenses for the quarter were down by 12.8% QoQ and up 5.8% YoY.
- The net profit decreased 66.9% QoQ and decreased 30.1% YoY.
- The earnings per share (EPS) of Emkay Global Financial Services Ltd stood at 3.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 83.88 | 114.82 | 83.40 | -26.9% | 0.6% |
Total Expenses | 72.64 | 83.28 | 68.67 | -12.8% | 5.8% |
Profit Before Tax | 11.23 | 31.44 | 14.74 | -64.3% | -23.8% |
Tax | 2.50 | 5.63 | 2.42 | -55.6% | 3.3% |
Profit After Tax | 8.57 | 25.91 | 12.26 | -66.9% | -30.1% |
Earnings Per Share | 3.30 | 10.10 | 4.90 | -67.3% | -32.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Emkay Global Financial Services Ltd is a well-established player in the financial services industry, primarily focusing on offering a comprehensive range of financial solutions. Its services span equity research, institutional equities, wealth management, investment banking, and corporate finance, catering to a diverse clientele that includes institutional investors, corporate clients, and retail investors. The company is known for its robust research capabilities and has carved a niche in providing insightful market analyses and investment strategies. While specific recent developments in the company were not provided, Emkay Global continues to operate in a highly competitive sector that demands constant innovation and adaptation to changing market dynamics.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Emkay Global Financial Services Ltd reported a total income of ₹83.88 crores. This marks a slight increase of 0.6% compared to the same quarter in the previous year (Q3FY24), where the total income was ₹83.40 crores. However, on a quarter-over-quarter basis, the company experienced a notable decline of 26.9% compared to the second quarter of fiscal year 2025 (Q2FY25), which recorded a total income of ₹114.82 crores. This fluctuation in revenue highlights the variability that can be present in the financial services sector, influenced by market conditions and client activities.
Profitability
Profitability for Emkay Global Global Financial Services Ltd in Q3FY25 reflected a decrease in performance compared to both the previous quarter and the same quarter last year. The company reported a profit before tax of ₹11.23 crores, a significant decline of 64.3% quarter-over-quarter and 23.8% year-over-year. The profit after tax was ₹8.57 crores, down by 66.9% from Q2FY25 and 30.1% from Q3FY24. Earnings per share (EPS) also followed this downward trend, standing at ₹3.30 in Q3FY25, a drop of 67.3% QoQ and 32.7% YoY. These figures indicate challenges in maintaining profitability levels within the current operational framework.
Operating Metrics
The operational expenses for Emkay Global Financial Services Ltd in Q3FY25 amounted to ₹72.64 crores. This represents a decrease of 12.8% from the previous quarter (Q2FY25), where expenses were ₹83.28 crores, but an increase of 5.8% compared to the same quarter in the previous year (Q3FY24), which recorded expenses of ₹68.67 crores. The tax expense for Q3FY25 was ₹2.50 crores, reflecting a decrease of 55.6% from Q2FY25 and a slight increase of 3.3% from Q3FY24. These figures provide insight into the company's cost management efforts and tax liabilities over the examined periods.
