Global Education Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- Global Education Ltd reported a 32.3% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 8.5%.
- Its expenses for the quarter were down by 3.5% QoQ and up 46.8% YoY.
- The net profit decreased 43.1% QoQ and decreased 33.7% YoY.
- The earnings per share (EPS) of Global Education Ltd stood at 1.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 17.37 | 25.66 | 18.99 | -32.3% | -8.5% |
Total Expenses | 11.20 | 11.61 | 7.63 | -3.5% | 46.8% |
Profit Before Tax | 6.17 | 14.04 | 11.36 | -56.1% | -45.7% |
Tax | 2.08 | 3.38 | 3.32 | -38.5% | -37.3% |
Profit After Tax | 6.06 | 10.65 | 9.14 | -43.1% | -33.7% |
Earnings Per Share | 1.20 | 5.30 | 4.50 | -77.4% | -73.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Global Education Ltd is a company engaged in the education sector, offering a range of educational services and products. As of the latest information available, the company focuses on providing educational resources, possibly including training programs, educational content, and learning platforms, to cater to the needs of students and educational institutions. However, specific details regarding their main products or services are not available in the provided data. The company operates within the broader education industry, which has been experiencing various shifts due to technological advancements and changing educational needs. Recent developments, if any, in the company's operations or strategy are not specified in the available data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Global Education Ltd reported a total income of ₹17.37 crores, reflecting a decrease from ₹25.66 crores in the previous quarter (Q2FY25). This represents a quarter-over-quarter (QoQ) decline of 32.3%. Compared to the same quarter in the previous year (Q3FY24), where the total income was ₹18.99 crores, there is a year-over-year (YoY) reduction of 8.5%. The data indicates a downward trend in the company's revenue both on a quarterly and annual basis, suggesting challenges in sustaining income levels.
Profitability
The profitability of Global Education Ltd in Q3FY25 shows a significant decrease compared to both the previous quarter and the same quarter last year. The Profit Before Tax (PBT) stood at ₹6.17 crores, down from ₹14.04 crores in Q2FY25, marking a 56.1% decline QoQ. Compared to Q3FY24, where PBT was ₹11.36 crores, there is a 45.7% decrease YoY. The Profit After Tax (PAT) for Q3FY25 was ₹6.06 crores, down from ₹10.65 crores in Q2FY25, translating to a 43.1% decline QoQ, and a 33.7% decrease YoY from ₹9.14 crores in Q3FY24. The tax expense also decreased, being ₹2.08 crores in Q3FY25, compared to ₹3.38 crores in the previous quarter and ₹3.32 crores in the same quarter last year, reflecting a 38.5% and 37.3% decline, respectively.
Operating Metrics
Earnings Per Share (EPS) for Global Education Ltd in Q3FY25 were ₹1.20, significantly lower than the ₹5.30 reported in Q2FY25, indicating a 77.4% decrease QoQ. Compared to the EPS of ₹4.50 in Q3FY24, there is a 73.3% decline YoY. Total expenses for the company in Q3FY25 were ₹11.20 crores, showing a slight reduction from ₹11.61 crores in Q2FY25, representing a 3.5% decrease QoQ. However, when compared to Q3FY24, where expenses were ₹7.63 crores, there is a 46.8% increase YoY. This increase in expenses over the year, alongside decreasing revenue, highlights the pressure on the company’s operational efficiency and profitability.
