Indostar Capital Finance Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Indostar Capital Finance Ltd reported a 6.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 21.7%.
- Its expenses for the quarter were down by 0.2% QoQ and up 7.7% YoY.
- The net profit decreased 12.5% QoQ and increased 64.3% YoY.
- The earnings per share (EPS) of Indostar Capital Finance Ltd stood at 2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 373.60 | 352.07 | 306.91 | 6.1% | 21.7% |
Total Expenses | 314.20 | 314.96 | 291.65 | -0.2% | 7.7% |
Profit Before Tax | 11.47 | 17.86 | 19.09 | -35.8% | -39.9% |
Tax | 0.01 | 0.02 | 2.22 | -50.0% | -99.5% |
Profit After Tax | 27.72 | 31.68 | 16.87 | -12.5% | 64.3% |
Earnings Per Share | 2.00 | 2.30 | 1.20 | -13.0% | 66.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Indostar Capital Finance Ltd is a prominent player in the financial services sector in India. The company primarily engages in providing financing solutions to various sectors, including corporate lending, SME financing, and vehicle financing. Indostar Capital Finance Ltd is known for its diversified loan portfolio, catering to both retail and corporate clients. As of the latest updates in October 2023, there have been no significant recent developments publicly available about the company. However, its focus remains on expanding its reach and optimizing its service offerings across the financial landscape.
Revenue
For the third quarter of the financial year 2025 (Q3FY25), Indostar Capital Finance Ltd reported a total income of ₹373.60 crores. This represents a quarter-over-quarter (QoQ) increase of 6.1% from ₹352.07 crores in Q2FY25 and a year-over-year (YoY) growth of 21.7% from ₹306.91 crores in Q3FY24. The consistent increase in total income over both periods underscores the company's ability to enhance its revenue stream through its diversified financial services. The observed growth in revenue highlights the company's ongoing efforts to expand its market presence and optimize its financial performance.
Profitability
In terms of profitability, Indostar Capital Finance Ltd recorded a profit before tax of ₹11.47 crores in Q3FY25, which marks a decline of 35.8% from ₹17.86 crores in Q2FY25 and a decrease of 39.9% from ₹19.09 crores in Q3FY24. The company's profit after tax for Q3FY25 was ₹27.72 crores, experiencing a 12.5% decrease from ₹31.68 crores in the previous quarter, but a 64.3% increase from ₹16.87 crores in the same quarter of the previous year. The earnings per share (EPS) for Q3FY25 stood at ₹2.00, down from ₹2.30 in Q2FY25 but up from ₹1.20 in Q3FY24, reflecting changes in profitability metrics over the specified periods.
Operating Metrics
The total expenses for Indostar Capital Finance Ltd in Q3FY25 were ₹314.20 crores, showing a slight decrease of 0.2% from ₹314.96 crores in Q2FY25 and a 7.7% increase from ₹291.65 crores in Q3FY24. The tax expense recorded a significant reduction to ₹0.01 crores in Q3FY25, down by 50% from ₹0.02 crores in Q2FY25 and a sharp decline of 99.5% from ₹2.22 crores in Q3FY24. These operating metrics illustrate the company's cost management strategies and tax efficiencies during the reported period. The reduction in tax expense is notable and impacts the overall financial results of the company during the quarter.
