ICDS Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- ICDS Ltd reported a 26.2% 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 100.0%.
- Its expenses for the quarter were up by 21.1% QoQ and 15.0% YoY.
- The net profit decreased 218.5% QoQ and increased 1183.3% YoY.
- The earnings per share (EPS) of ICDS Ltd declined at 0.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 0.90 | 1.22 | 0.45 | -26.2% | 100.0% |
Total Expenses | 0.46 | 0.38 | 0.40 | 21.1% | 15.0% |
Profit Before Tax | 0.44 | 0.84 | 0.05 | -47.6% | 780.0% |
Tax | 1.22 | 0.20 | 0.11 | 510.0% | 1009.1% |
Profit After Tax | -0.77 | 0.65 | -0.06 | -218.5% | 1183.3% |
Earnings Per Share | -0.60 | 0.50 | 0.00 | -220.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
ICDS Ltd is a company whose primary business operations and industry sector are unspecified in the provided data. Without the necessary background information, it's unclear what specific products or services ICDS Ltd offers. However, given the financial data provided, it is evident that the company has experienced significant fluctuations in its financial metrics over the past year. Any recent major developments or strategic initiatives within the company are not detailed in the provided information.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), ICDS Ltd reported a total income of ₹0.90 crores. This represents a decrease of 26.2% from the previous quarter (Q2FY25), where the total income was ₹1.22 crores. However, when compared to the same quarter of the previous year (Q3FY24), where the total income was ₹0.45 crores, there is a notable year-over-year increase of 100.0%. These figures highlight a volatile revenue stream over the past year, with significant growth when comparing year-over-year performance.
Profitability
The profitability of ICDS Ltd in Q3FY25 has demonstrated substantial variability. The profit before tax was ₹0.44 crores, which is a 47.6% decline from Q2FY25, where it was ₹0.84 crores. Nevertheless, year-over-year, there is a substantial increase from Q3FY24, where the profit before tax stood at ₹0.05 crores, marking a 780.0% rise. The tax expenses surged dramatically to ₹1.22 crores in Q3FY25, an increase of 510.0% quarter-over-quarter and 1009.1% year-over-year. Consequently, the profit after tax for Q3FY25 resulted in a loss of ₹0.77 crores, compared to a profit of ₹0.65 crores in Q2FY25 and a loss of ₹0.06 crores in Q3FY24. This reflects a quarter-over-quarter decline of 218.5% and a year-over-year decline of 1183.3%.
Operating Metrics
For the third quarter of fiscal year 2025, the earnings per share (EPS) stood at -₹0.60, marking a significant decrease from an EPS of ₹0.50 in the previous quarter (Q2FY25). A year ago, in Q3FY24, the EPS was ₹0.00, indicating a dramatic year-over-year change, though the percentage change is not applicable due to the zero value in Q3FY24. Total expenses for Q3FY25 were reported at ₹0.46 crores, showing a quarter-over-quarter increase of 21.1% from ₹0.38 crores in Q2FY25, and a year-over-year increase of 15.0% from ₹0.40 crores in Q3FY24. These metrics illustrate significant changes in both income and expenses, impacting the overall financial performance of ICDS Ltd during this period.
