IIFL Capital Services Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- IIFL Capital Services Ltd reported a 8.1% 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 11.0%.
- Its expenses for the quarter were down by 9.9% QoQ and up 4.6% YoY.
- The net profit decreased 3.9% QoQ and increased 31.0% YoY.
- The earnings per share (EPS) of IIFL Capital Services Ltd stood at 6.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 646.44 | 703.70 | 582.27 | -8.1% | 11.0% |
Total Expenses | 396.35 | 440.12 | 379.09 | -9.9% | 4.6% |
Profit Before Tax | 250.09 | 263.58 | 203.18 | -5.1% | 23.1% |
Tax | 52.86 | 58.24 | 52.66 | -9.2% | 0.4% |
Profit After Tax | 197.23 | 205.34 | 150.51 | -3.9% | 31.0% |
Earnings Per Share | 6.10 | 6.40 | 4.90 | -4.7% | 24.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
IIFL Capital Services Ltd is a financial services company operating within the Indian market. This company is primarily engaged in providing a range of financial services, potentially including investment management, financial advisory, and other related services. As a part of the broader IIFL Group, it may be involved in capital market activities, though specific details about its main products or recent developments are not available in the provided information. The company's overall performance and strategic initiatives can be better understood by reviewing its quarterly financial results and understanding its position within the industry.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), IIFL Capital Services Ltd reported total income of ₹646.44 crores. This represents a decrease of 8.1% from the previous quarter (Q2FY25), where total income was ₹703.70 crores. However, when compared to the same quarter of the previous fiscal year (Q3FY24), there is an 11.0% increase from ₹582.27 crores. These figures indicate fluctuations in the company's revenue generation across different periods, reflecting its dynamic operational environment.
Profitability
Profitability metrics for IIFL Capital Services Ltd show significant movements between the periods under review. The Profit Before Tax (PBT) for Q3FY25 was ₹250.09 crores, down by 5.1% from ₹263.58 crores in Q2FY25, yet it increased by 23.1% from ₹203.18 crores in Q3FY24. Similarly, the Profit After Tax (PAT) for Q3FY25 stood at ₹197.23 crores, experiencing a 3.9% decline from the previous quarter's ₹205.34 crores, but a 31.0% growth compared to Q3FY24's ₹150.51 crores. The tax expense in Q3FY25 was ₹52.86 crores, which is a slight decrease of 9.2% QoQ from ₹58.24 crores in Q2FY25 and a marginal increase of 0.4% YoY from ₹52.66 crores in Q3FY24. Earnings Per Share (EPS) for Q3FY25 was ₹6.10, a decrease of 4.7% from ₹6.40 in the previous quarter and an increase of 24.5% from ₹4.90 in the same quarter of the previous year.
Operating Metrics
The company's operating expenses saw a significant reduction, with total expenses for Q3FY25 amounting to ₹396.35 crores, which is a 9.9% decrease from ₹440.12 crores in Q2FY25 and a 4.6% increase from ₹379.09 crores in Q3FY24. This variation in operating expenses contributes directly to the company's profitability metrics. The changes in revenue and expenses over the quarters reflect the company's operational efficiency and cost management strategies in response to market conditions.
