Industrial Investment Trust Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Industrial Investment Trust Ltd reported a 128.9% 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 decline of 155.6%.
- Its expenses for the quarter were up by 32.6% QoQ and 18.1% YoY.
- The net profit decreased 161.1% QoQ and decreased 113.4% YoY.
- The earnings per share (EPS) of Industrial Investment Trust Ltd declined at 2.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | -4.18 | 14.48 | 7.52 | -128.9% | -155.6% |
Total Expenses | 3.78 | 2.85 | 3.20 | 32.6% | 18.1% |
Profit Before Tax | -7.96 | 11.67 | 42.35 | -168.2% | -118.8% |
Tax | -2.45 | 2.67 | 1.29 | -191.8% | -289.9% |
Profit After Tax | -5.50 | 9.00 | 41.06 | -161.1% | -113.4% |
Earnings Per Share | -2.30 | 4.20 | 15.60 | -154.8% | -114.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Industrial Investment Trust Ltd is a financial services company primarily involved in investment activities and services. The company operates within the financial sector, focusing on investment in various sectors, potentially including equity markets, venture capital, and other financial instruments. While specific information about recent major developments is not provided in the data, companies in this sector often engage in portfolio diversification, strategic partnerships, and asset management to optimize financial performance and growth opportunities. The company's operations are subject to market risks and regulatory changes inherent in the financial services industry.
Revenue
In the third quarter of the fiscal year 2025, Industrial Investment Trust Ltd reported a total income of -₹4.18 crores. This represents a substantial decline from the previous quarter’s total income of ₹14.48 crores, marking a quarter-over-quarter decrease of 128.9%. Compared to the same quarter in the previous fiscal year, where the total income was ₹7.52 crores, there is a year-over-year decrease of 155.6%. Such fluctuations in revenue figures are indicative of the changing dynamics within the company’s investment portfolio and market conditions affecting income generation.
Profitability
The company's profitability metrics indicate a significant downturn in the third quarter of FY25. The Profit Before Tax (PBT) was recorded at -₹7.96 crores, a sharp decline from ₹11.67 crores in the previous quarter, reflecting a quarter-over-quarter decrease of 168.2%. On a year-over-year basis, the PBT decreased from ₹42.35 crores in Q3FY24, showing a reduction of 118.8%. Similarly, the Profit After Tax (PAT) for Q3FY25 was -₹5.50 crores, compared to ₹9.00 crores in Q2FY25 and ₹41.06 crores in Q3FY24, marking decreases of 161.1% and 113.4%, respectively. Earnings per Share (EPS) also followed a similar trend, with a value of -₹2.30 in Q3FY25, down from ₹4.20 in the previous quarter and ₹15.60 in the same quarter last year, translating to a quarter-over-quarter decline of 154.8% and a year-over-year decrease of 114.7%.
Operating Metrics
Total expenses for Industrial Investment Trust Ltd in Q3FY25 were ₹3.78 crores, up from ₹2.85 crores in Q2FY25, resulting in a quarter-over-quarter increase of 32.6%. When compared to Q3FY24, where expenses stood at ₹3.20 crores, there was an 18.1% year-over-year increase. The increase in expenses, amid declining income, suggests a challenging operational quarter for the company. Although specific operating metrics such as operating margins or cost management strategies are not detailed in the provided data, the rise in expenses relative to income could reflect operational and market challenges impacting the company's cost structure.
