Future Market Networks Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Future Market Networks 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 16.1%.
- Its expenses for the quarter were up by 5.9% QoQ and 10.0% YoY.
- The net profit increased 0.0% QoQ and increased 54.8% YoY.
- The earnings per share (EPS) of Future Market Networks Ltd stood at 0.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 28.49 | 27.36 | 24.54 | 4.1% | 16.1% |
Total Expenses | 21.50 | 20.30 | 19.54 | 5.9% | 10.0% |
Profit Before Tax | 6.99 | 7.06 | 5.00 | -1.0% | 39.8% |
Tax | 1.28 | 1.23 | 1.08 | 4.1% | 18.5% |
Profit After Tax | 6.07 | 6.07 | 3.92 | 0.0% | 54.8% |
Earnings Per Share | 0.70 | 1.10 | 0.80 | -36.4% | -12.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Future Market Networks Ltd is a company that operates within the infrastructure development and management industry. The company is primarily engaged in the business of developing and managing infrastructure projects such as retail, commercial, and urban infrastructure. The company's focus is on building, leasing, and managing spaces that cater to various sectors, including retail, commercial, and residential. As part of its operations, Future Market Networks may be involved in the development of malls, commercial complexes, and other real estate projects that serve the urban population. As of the latest updates, there is no specific information available regarding recent major developments or strategic changes within the company.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Future Market Networks Ltd reported a total income of ₹28.49 crores. This represented a quarter-over-quarter (QoQ) increase of 4.1% from ₹27.36 crores in Q2FY25 and a year-over-year (YoY) growth of 16.1% compared to ₹24.54 crores in Q3FY24. The growth in total income indicates an improvement in the company's ability to generate revenue over both the short and long term. The increase in total income on a quarterly basis suggests a positive trend in the company's revenue-generating activities during this period.
Profitability
For Q3FY25, Future Market Networks Ltd recorded a Profit Before Tax (PBT) of ₹6.99 crores, which was a slight decline of 1.0% from the previous quarter's PBT of ₹7.06 crores. However, on a YoY basis, there was a significant increase of 39.8% from ₹5.00 crores in Q3FY24. The company incurred a tax expense of ₹1.28 crores in Q3FY25, reflecting a QoQ increase of 4.1% and a YoY increase of 18.5%. Consequently, the Profit After Tax (PAT) remained constant at ₹6.07 crores compared to the previous quarter, yet it showed a substantial YoY growth of 54.8% from ₹3.92 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 was reported at ₹0.70, which was a decrease of 36.4% QoQ from ₹1.10 in Q2FY25 and a YoY decrease of 12.5% from ₹0.80 in Q3FY24.
Operating Metrics
In terms of operating metrics, Future Market Networks Ltd's total expenses for Q3FY25 were ₹21.50 crores, marking a QoQ increase of 5.9% from ₹20.30 crores in Q2FY25 and a YoY increase of 10.0% from ₹19.54 crores in Q3FY24. The increase in expenses on both a quarterly and yearly basis indicates a rise in the company's operational costs. Despite the increase in expenses, the company managed to maintain its Profit After Tax at the same level as the previous quarter, indicating efficient cost management strategies. The company's ability to sustain its profit margins despite rising expenses is a notable aspect of its operational performance during this period.
