ICICI Securities Ltd's Q3FY25 Quarter Results
- 1d ago
Result Summary
- ICICI Securities Ltd reported a 7.1% 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 19.8%.
- Its expenses for the quarter were down by 8.7% QoQ and up 30.5% YoY.
- The net profit decreased 4.6% QoQ and increased 8.3% YoY.
- The earnings per share (EPS) of ICICI Securities Ltd stood at 15.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1585.90 | 1707.09 | 1323.26 | -7.1% | 19.8% |
Total Expenses | 908.59 | 994.66 | 696.04 | -8.7% | 30.5% |
Profit Before Tax | 676.49 | 711.15 | 623.90 | -4.9% | 8.4% |
Tax | 172.03 | 182.11 | 158.21 | -5.5% | 8.7% |
Profit After Tax | 504.46 | 529.04 | 465.69 | -4.6% | 8.3% |
Earnings Per Share | 15.40 | 16.20 | 14.30 | -4.9% | 7.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
ICICI Securities Ltd is a leading financial services company in India, primarily known for its investment banking and financial advisory services. The company operates in the financial services industry, offering a wide range of services including brokerage, financial product distribution, and investment banking. ICICI Securities is a subsidiary of ICICI Bank, one of the largest banking institutions in India. The company serves a diverse clientele, including individual investors, corporate clients, and institutional investors. ICICI Securities has been recognized for its robust digital platform, which facilitates seamless trading and investment activities for its clients. As of now, there are no specific recent major developments mentioned in the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), ICICI Securities Ltd reported a total income of ₹1585.90 crores. This represents a 19.8% increase from the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹1323.26 crores. However, when compared to the preceding quarter (Q2FY25), the total income decreased by 7.1% from ₹1707.09 crores. This fluctuation in revenue reflects the company's financial performance over the quarters, with a notable year-over-year growth despite a quarter-over-quarter decline.
Profitability
For Q3FY25, ICICI Securities Ltd recorded a profit before tax (PBT) of ₹676.49 crores, a 8.4% increase from ₹623.90 crores in Q3FY24. On a quarter-over-quarter basis, PBT declined by 4.9% from ₹711.15 crores in Q2FY25. The profit after tax (PAT) for Q3FY25 was ₹504.46 crores, up by 8.3% year-over-year from ₹465.69 crores, but down by 4.6% quarter-over-quarter from ₹529.04 crores. The tax expense for the quarter was ₹172.03 crores, which increased by 8.7% year-over-year but decreased by 5.5% quarter-over-quarter. Earnings per share (EPS) for Q3FY25 stood at ₹15.40, reflecting a 7.7% year-over-year growth from ₹14.30. However, EPS decreased by 4.9% from ₹16.20 compared to the previous quarter.
Operating Metrics
The total expenses for ICICI Securities Ltd in Q3FY25 were ₹908.59 crores, marking a 30.5% increase from ₹696.04 crores in Q3FY24. This growth in expenses year-over-year is significant. On a quarter-over-quarter basis, there was a decrease of 8.7% in total expenses from ₹994.66 crores in Q2FY25. These metrics provide insights into the company's operational efficiency and cost management over the specified periods. The changes in expenses alongside revenue and profitability reflect the company's operational dynamics for the quarter under review.
