eMudhra Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- eMudhra Ltd reported a 1.2% 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 41.6%.
- Its expenses for the quarter were up by -0.0% QoQ and 46.1% YoY.
- The net profit increased 0.4% QoQ and increased 11.9% YoY.
- The earnings per share (EPS) of eMudhra Ltd stood at 2.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 140.89 | 142.67 | 99.51 | -1.2% | 41.6% |
Total Expenses | 115.49 | 115.53 | 79.03 | -0.0% | 46.1% |
Profit Before Tax | 25.40 | 27.13 | 20.47 | -6.4% | 24.1% |
Tax | 3.00 | 4.83 | 0.46 | -37.9% | 552.2% |
Profit After Tax | 22.40 | 22.30 | 20.01 | 0.4% | 11.9% |
Earnings Per Share | 2.50 | 2.60 | 2.60 | -3.8% | -3.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
eMudhra Ltd is a prominent company that primarily operates in the digital trust services and enterprise solutions sector. The company provides services such as digital signatures, public key infrastructure solutions, and digital identity solutions that cater to both individual and corporate clients. eMudhra is a key player in fostering secure and seamless digital transactions. The company has been at the forefront of enabling digital transformation, driven by increasing demand for secure digital services across various industries. There are no recent major developments available for eMudhra Ltd based on the provided information.
Revenue
In Q3FY25, eMudhra Ltd reported a total income of ₹140.89 crores. This represented a slight decrease of 1.2% compared to the previous quarter (Q2FY25) where the total income was ₹142.67 crores. However, on a year-over-year basis, there was a significant increase of 41.6% from ₹99.51 crores in Q3FY24. This considerable annual growth highlights the company's expanding revenue base. The fluctuations in quarterly revenue may be attributed to various factors, such as seasonal trends or market dynamics, although specific reasons are not provided in the data.
Profitability
The company's profit before tax for Q3FY25 was ₹25.40 crores, which marked a decline of 6.4% from ₹27.13 crores in Q2FY25. Despite the quarterly decrease, the profit before tax saw an annual increase of 24.1% from ₹20.47 crores in Q3FY24. After accounting for taxes, the profit after tax for Q3FY25 was ₹22.40 crores, showing a marginal increase of 0.4% quarter-over-quarter from ₹22.30 crores. Year-over-year, the profit after tax rose by 11.9% from ₹20.01 crores. The tax expense for Q3FY25 was ₹3.00 crores, significantly lower than the prior quarter's ₹4.83 crores but substantially higher year-over-year compared to ₹0.46 crores in Q3FY24, which might suggest changes in tax liabilities or benefits.
Operating Metrics
The earnings per share (EPS) for Q3FY25 stood at ₹2.50, reflecting a decline of 3.8% from the previous quarter's EPS of ₹2.60. This marks a consistent quarterly and yearly decrease in earnings per share, as the EPS was also ₹2.60 in Q3FY24. Total expenses for Q3FY25 were ₹115.49 crores, remaining nearly unchanged from Q2FY25's ₹115.53 crores but showing a significant increase of 46.1% from ₹79.03 crores in Q3FY24. The stable quarterly expenses coupled with increased annual expenses indicate an expansion in operating activities or costs associated with revenue growth. The consistency in expenses highlights a stable cost management approach over the quarter.
