Ethos Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Ethos Ltd reported a 23.9% 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 30.7%.
- Its expenses for the quarter were up by 22.0% QoQ and 32.2% YoY.
- The net profit increased 38.8% QoQ and increased 15.6% YoY.
- The earnings per share (EPS) of Ethos Ltd stood at 12.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 375.68 | 303.26 | 287.46 | 23.9% | 30.7% |
Total Expenses | 334.82 | 274.53 | 253.25 | 22.0% | 32.2% |
Profit Before Tax | 40.86 | 28.73 | 34.22 | 42.2% | 19.4% |
Tax | 11.13 | 7.39 | 8.84 | 50.6% | 25.9% |
Profit After Tax | 29.49 | 21.25 | 25.52 | 38.8% | 15.6% |
Earnings Per Share | 12.10 | 8.70 | 10.80 | 39.1% | 12.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ethos Ltd operates predominantly in the consumer goods sector, specializing in the design, manufacture, and distribution of luxury products. The company is known for its high-quality offerings, which include premium watches, accessories, and other luxury goods. Ethos Ltd has established a strong brand presence in the luxury market and caters to a discerning clientele that values exclusivity and craftsmanship. Recently, the company has focused on expanding its digital footprint and enhancing customer engagement through various online platforms. This strategic move aims to capture a broader audience and adapt to the changing retail landscape, characterized by an increasing preference for online shopping.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Ethos Ltd reported a total income of ₹375.68 crores, marking a substantial increase from the previous quarter (Q2FY25) where the total income stood at ₹303.26 crores. This represents a quarter-over-quarter (QoQ) growth of 23.9%. When compared to the same quarter in the previous year (Q3FY24), where total income was ₹287.46 crores, the company experienced a year-over-year (YoY) growth of 30.7%. This notable increase in revenue suggests a positive trend in sales performance and effective market positioning over the year.
Profitability
The profitability of Ethos Ltd showed significant improvement in Q3FY25, with a profit before tax (PBT) of ₹40.86 crores, up from ₹28.73 crores in Q2FY25, reflecting a QoQ growth of 42.2%. Compared to Q3FY24, where the PBT was ₹34.22 crores, there is a YoY increase of 19.4%. The tax expenses for Q3FY25 were ₹11.13 crores, which indicates a rise from both the previous quarter and the same quarter last year, with QoQ and YoY growth rates of 50.6% and 25.9% respectively. Consequently, the profit after tax (PAT) for Q3FY25 amounted to ₹29.49 crores, compared to ₹21.25 crores in Q2FY25 and ₹25.52 crores in Q3FY24, showing a QoQ increase of 38.8% and a YoY increase of 15.6%.
Operating Metrics
For Q3FY25, Ethos Ltd reported an earnings per share (EPS) of ₹12.10, which is an increase from ₹8.70 in Q2FY25 and ₹10.80 in Q3FY24. This translates to a QoQ growth of 39.1% and a YoY growth of 12.0%. The rise in EPS indicates improved earnings attributed to shareholders, reflecting the company's enhanced profitability during this period. There is no additional information provided within the data to calculate other key financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio. The consistent growth in the company's income, expenses, and profitability metrics over both the quarter and the year denotes a trend of operational expansion and financial health.
