GVK Power & Infrastructure Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- GVK Power & Infrastructure Ltd reported a 60.9% 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 4.3%.
- Its expenses for the quarter were down by 9.0% QoQ and 20.9% YoY.
- The net profit decreased 102.8% QoQ and decreased 70.2% YoY.
- The earnings per share (EPS) of GVK Power & Infrastructure Ltd declined at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 161.41 | 412.80 | 154.82 | -60.9% | 4.3% |
Total Expenses | 178.69 | 196.42 | 225.97 | -9.0% | -20.9% |
Profit Before Tax | -17.28 | 815.95 | -71.15 | -102.1% | -75.7% |
Tax | 5.75 | 4.76 | 5.89 | 20.8% | -2.4% |
Profit After Tax | -23.03 | 811.19 | -77.27 | -102.8% | -70.2% |
Earnings Per Share | -0.10 | 4.60 | -0.40 | -102.2% | -75.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
GVK Power & Infrastructure Ltd Quarterly Financial Report
Company Overview
GVK Power & Infrastructure Ltd is a diversified infrastructure development company with a primary focus on power generation, airports, roads, and urban infrastructure sectors. The company is involved in the development and operation of power projects, including gas-based, coal-based, and hydroelectric power plants. GVK is also known for its involvement in airport operations, having played a significant role in the development of India's airport infrastructure. Recent major developments regarding the company are not available within the scope of this report.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), GVK Power & Infrastructure Ltd reported total income of ₹161.41 crores. This represents a quarter-over-quarter (QoQ) decline of 60.9% from ₹412.80 crores in Q2FY25. On a year-over-year (YoY) basis, there was a modest increase of 4.3% from ₹154.82 crores in Q3FY24. The company's revenue performance this quarter highlights significant fluctuations when compared to both the previous quarter and the same quarter in the previous year.
Profitability
For Q3FY25, GVK Power & Infrastructure Ltd recorded a loss in terms of profit before tax, amounting to ₹-17.28 crores. This marks a significant decline from the profit before tax of ₹815.95 crores reported in Q2FY25 and a reduced loss compared to ₹-71.15 crores in Q3FY24. The profit after tax was ₹-23.03 crores, showing a deterioration from ₹811.19 crores in Q2FY25, yet an improvement over the ₹-77.27 crores in Q3FY24. Earnings per share for the quarter stood at ₹-0.10, compared to ₹4.60 in Q2FY25 and ₹-0.40 in Q3FY24. These metrics indicate substantial changes in profitability both on a QoQ and YoY basis. The tax expense for Q3FY25 was ₹5.75 crores, up from ₹4.76 crores in Q2FY25, but slightly down from ₹5.89 crores in Q3FY24.
Operating Metrics
During the third quarter of 2025, GVK Power & Infrastructure Ltd's total expenses were ₹178.69 crores. This shows a decrease of 9.0% from ₹196.42 crores in Q2FY25 and a significant reduction of 20.9% compared to ₹225.97 crores in Q3FY24. These operating metrics suggest a trend of decreasing expenses over both the quarter and the year. However, despite reduced expenses, the company experienced a negative profitability outcome for the quarter.
