Faze Three Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Faze Three Ltd reported a 15.9% 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 27.4%.
- Its expenses for the quarter were up by 15.8% QoQ and 35.6% YoY.
- The net profit increased 24.9% QoQ and decreased 30.2% YoY.
- The earnings per share (EPS) of Faze Three Ltd stood at 3.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 178.24 | 153.73 | 139.89 | 15.9% | 27.4% |
Total Expenses | 166.67 | 143.98 | 122.90 | 15.8% | 35.6% |
Profit Before Tax | 11.57 | 9.75 | 16.99 | 18.7% | -31.9% |
Tax | 2.70 | 2.65 | 4.28 | 1.9% | -36.9% |
Profit After Tax | 8.87 | 7.10 | 12.71 | 24.9% | -30.2% |
Earnings Per Share | 3.60 | 2.90 | 5.20 | 24.1% | -30.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Faze Three Ltd is a company engaged in the manufacturing and export of home textiles and automotive fabrics. The company operates in the textile industry, focusing on products such as carpets, cushions, and other home furnishing items. Known for its extensive product range and strong export market, Faze Three Ltd has established a significant presence in international markets. The company is continuously working towards expanding its product portfolio and market reach. As of the latest financial quarter, there are no specific major developments reported that would impact the company's operations or market positioning.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Faze Three Ltd recorded a total income of ₹178.24 crores. This represents a quarter-over-quarter (QoQ) increase of 15.9% compared to ₹153.73 crores in the previous quarter (Q2FY25) and a year-over-year (YoY) growth of 27.4% from ₹139.89 crores in the corresponding quarter of the previous fiscal year (Q3FY24). The significant growth in total income indicates an upward trend in the company's revenue generation capabilities over both the quarterly and annual periods, suggesting enhanced sales performance or improved pricing strategies.
Profitability
For the quarter ending Q3FY25, Faze Three Ltd's profit before tax stood at ₹11.57 crores, showing an 18.7% increase from ₹9.75 crores in Q2FY25 but a 31.9% decrease from ₹16.99 crores in Q3FY24. The profit after tax for Q3FY25 was ₹8.87 crores, which is higher by 24.9% compared to ₹7.10 crores in Q2FY25, yet lower by 30.2% against ₹12.71 crores in Q3FY24. Earnings per share (EPS) for the quarter were ₹3.60, reflecting a 24.1% rise from the previous quarter's ₹2.90 but a 30.8% decline from ₹5.20 in the same quarter last year. The tax expense for Q3FY25 was ₹2.70 crores, showing minimal change from the previous quarter but a significant drop of 36.9% from the previous year.
Operating Metrics
Total expenses for Faze Three Ltd in Q3FY25 reached ₹166.67 crores, marking a 15.8% increase from the prior quarter's ₹143.98 crores and a 35.6% rise from ₹122.90 crores in Q3FY24. The rise in expenses is notable and corresponds with the revenue growth, suggesting increased operational activity. The profit margins experienced variations over the period, with the company managing to increase profits from the previous quarter but facing challenges compared to the previous year. The financial data reflects the company's operational dynamics and efficiency levels amidst a changing revenue landscape.
