Geecee Ventures Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Geecee Ventures Ltd reported a 100.8% 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 326.9%.
- Its expenses for the quarter were up by 135.4% QoQ and 741.2% YoY.
- The net profit increased 55.5% QoQ and increased 112.3% YoY.
- The earnings per share (EPS) of Geecee Ventures Ltd stood at 9.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 58.79 | 29.28 | 13.77 | 100.8% | 326.9% |
Total Expenses | 33.31 | 14.15 | 3.96 | 135.4% | 741.2% |
Profit Before Tax | 25.49 | 15.13 | 9.82 | 68.5% | 159.6% |
Tax | 5.98 | 2.58 | 0.62 | 131.8% | 864.5% |
Profit After Tax | 19.51 | 12.55 | 9.19 | 55.5% | 112.3% |
Earnings Per Share | 9.30 | 6.00 | 4.40 | 55.0% | 111.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Geecee Ventures Ltd is a diversified company engaged primarily in real estate development. The company operates within the real estate industry, focusing on developing residential and commercial properties. Geecee Ventures Ltd is known for its strategic investments and developments across various regions. Unfortunately, specific recent major developments or changes within the company are not available in the data provided. The company’s operations are guided by its commitment to sustainable and innovative real estate solutions, though detailed operational strategies are not outlined in the provided information.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Geecee Ventures Ltd reported a total income of ₹58.79 crores. This marks a substantial increase both quarter-over-quarter (QoQ) and year-over-year (YoY), with a QoQ growth of 100.8% compared to the second quarter of fiscal year 2025 (Q2FY25), where the total income was ₹29.28 crores. The YoY growth is even more pronounced, showing an increase of 326.9% compared to the third quarter of fiscal year 2024 (Q3FY24), when the total income was ₹13.77 crores. This significant growth in revenue indicates a strong performance in the current quarter, reflecting increased activities or investments.
Profitability
Geecee Ventures Ltd's profitability has also shown noteworthy improvements in Q3FY25. The company reported a profit before tax of ₹25.49 crores, which represents a 68.5% increase QoQ from ₹15.13 crores in Q2FY25 and a 159.6% increase YoY from ₹9.82 crores in Q3FY24. After accounting for taxes, the profit after tax for Q3FY25 was ₹19.51 crores. This is a 55.5% increase from the previous quarter's ₹12.55 crores and a 112.3% increase from the profit after tax of ₹9.19 crores in Q3FY24. The earnings per share (EPS) for the current quarter were ₹9.30, which also reflects a substantial increase of 55.0% QoQ and 111.4% YoY, indicating an overall improvement in the company's profitability metrics.
Operating Metrics
The total expenses for Geecee Ventures Ltd in Q3FY25 were reported at ₹33.31 crores, indicating a significant rise from ₹14.15 crores in the previous quarter, representing a 135.4% increase. This also marks a substantial YoY increase of 741.2% from ₹3.96 crores in Q3FY24. The tax expenses similarly increased by 131.8% QoQ to ₹5.98 crores from ₹2.58 crores and by 864.5% YoY from ₹0.62 crores in Q3FY24. These increments in both total and tax expenses point towards expanded operational activities and possibly enhanced revenue-generating actions within the company. However, specific operational metrics such as P/E ratio, debt-to-equity ratio, or current ratio are not available in the provided data, limiting the scope of financial ratio analysis.
