Equippp Social Impact Technologies Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Equippp Social Impact Technologies Ltd reported a 4.1% 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 64.5%.
- Its expenses for the quarter were down by 20.4% QoQ and up 86.4% YoY.
- The net profit decreased 42.3% QoQ and increased 130.8% YoY.
- The earnings per share (EPS) of Equippp Social Impact Technologies Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 0.51 | 0.49 | 0.31 | 4.1% | 64.5% |
Total Expenses | 0.82 | 1.03 | 0.44 | -20.4% | 86.4% |
Profit Before Tax | -0.30 | -0.52 | -0.13 | -42.3% | 130.8% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -0.30 | -0.52 | -0.13 | -42.3% | 130.8% |
Earnings Per Share | 0.00 | -0.10 | 0.00 | -100.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Equippp Social Impact Technologies Ltd is a company that operates within the technology sector, focusing on social impact through its products and services. The company is known for utilizing innovative technological solutions to address social challenges and enhance community well-being. Specific details about the company's main products or services have not been provided in the available data, and there is no information regarding any recent major developments or strategic initiatives undertaken by the company.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Equippp Social Impact Technologies Ltd reported a total income of ₹0.51 crores. This represents a quarter-over-quarter (QoQ) increase of 4.1% compared to the ₹0.49 crores recorded in the second quarter of fiscal year 2025 (Q2FY25). Year-over-year (YoY) analysis shows a significant increase of 64.5% from ₹0.31 crores in the third quarter of fiscal year 2024 (Q3FY24). This growth in total income indicates an upward trend in the company's revenue generation over both the quarterly and yearly periods.
Profitability
The financial performance in terms of profitability shows a loss before tax of ₹0.30 crores in Q3FY25. This is an improvement from the previous quarter (Q2FY25), where the loss was ₹0.52 crores, reflecting a reduction of 42.3% in losses. Comparing year-over-year, the loss before tax has increased by 130.8% from ₹0.13 crores in Q3FY24. The company did not incur any tax expenses in the current or previous quarters, and the profit after tax reflects the same figures as the profit before tax. Earnings per share (EPS) stood at ₹0.00 in Q3FY25, a change from -₹0.10 in Q2FY25.
Operating Metrics
The operating metrics of Equippp Social Impact Technologies Ltd reveal that total expenses for Q3FY25 were ₹0.82 crores, showing a decrease of 20.4% from ₹1.03 crores in Q2FY25. However, there is an increase of 86.4% when compared to the total expenses of ₹0.44 crores in Q3FY24. This indicates a significant fluctuation in operational costs on both quarterly and yearly comparisons. The reduction in quarterly expenses aligns with the improved profitability, despite the increase when compared year-over-year. The absence of tax liability remains consistent across the periods under review, indicating no taxable income for the periods reported.
