GSS Infotech Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- GSS Infotech Ltd reported a 36.5% 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 growth of 11.3%.
- Its expenses for the quarter were down by 34.0% QoQ and up 16.6% YoY.
- The net profit decreased 980.0% QoQ and decreased 1566.7% YoY.
- The earnings per share (EPS) of GSS Infotech Ltd declined at 0.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 21.36 | 33.66 | 19.20 | -36.5% | 11.3% |
Total Expenses | 22.09 | 33.47 | 18.95 | -34.0% | 16.6% |
Profit Before Tax | -0.74 | 0.18 | 0.24 | -511.1% | -408.3% |
Tax | 0.14 | 0.07 | 0.18 | 100.0% | -22.2% |
Profit After Tax | -0.88 | 0.10 | 0.06 | -980.0% | -1566.7% |
Earnings Per Share | -0.30 | 0.00 | 0.00 | - | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
GSS Infotech Ltd is a company that operates in the information technology services sector. It provides a range of technology solutions and services, including software development, IT consulting, and systems integration. The company serves various industries, leveraging its technological expertise to deliver customized solutions to its clients. As of the latest available data, there are no specific major developments reported for GSS Infotech Ltd beyond its regular business activities. It continues to focus on providing innovative IT services and maintaining its position in the competitive technology market.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), GSS Infotech Ltd reported a total income of ₹21.36 crores. This represents a 36.5% decrease from the previous quarter (Q2FY25), where the total income was ₹33.66 crores. However, when compared to the same quarter in the previous year (Q3FY24), the total income increased by 11.3%, from ₹19.20 crores. These figures reflect the company's performance in terms of revenue generation over both short-term and long-term periods.
Profitability
GSS Infotech Ltd reported a loss before tax of ₹0.74 crores in Q3FY25, which marks a significant decline from a profit before tax of ₹0.18 crores in Q2FY25 and ₹0.24 crores in Q3FY24. The quarter-over-quarter change is a decrease of 511.1%, and the year-over-year change is a decrease of 408.3%. The company incurred a tax expense of ₹0.14 crores in Q3FY25, which is double the tax expense of the previous quarter but a decrease of 22.2% compared to Q3FY24. The profit after tax for Q3FY25 was a loss of ₹0.88 crores, compared to a profit of ₹0.10 crores in Q2FY25 and ₹0.06 crores in Q3FY24, reflecting a significant decline in net profitability.
Operating Metrics
The company's total expenses for Q3FY25 were ₹22.09 crores, showing a 34.0% decrease from the previous quarter's expenses of ₹33.47 crores. However, there was a 16.6% increase compared to the same quarter last year (Q3FY24), when total expenses were ₹18.95 crores. The earnings per share (EPS) for Q3FY25 was reported at -₹0.30, indicating a decline from ₹0.00 in both the previous quarter and the same quarter last year. These operating metrics provide an overview of the company's cost management and shareholder returns over the reporting periods.
