InfoBeans Technologies Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- InfoBeans Technologies Ltd reported a 2.9% 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 growth of 5.9%.
- Its expenses for the quarter were up by 3.1% QoQ and 2.3% YoY.
- The net profit decreased 44.2% QoQ and increased 27.0% YoY.
- The earnings per share (EPS) of InfoBeans Technologies Ltd stood at 2.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 99.64 | 102.57 | 94.11 | -2.9% | 5.9% |
Total Expenses | 89.26 | 86.56 | 87.27 | 3.1% | 2.3% |
Profit Before Tax | 10.38 | 16.01 | 6.84 | -35.2% | 51.8% |
Tax | 3.32 | 3.35 | 1.28 | -0.9% | 159.4% |
Profit After Tax | 7.06 | 12.66 | 5.56 | -44.2% | 27.0% |
Earnings Per Share | 2.90 | 5.20 | 2.30 | -44.2% | 26.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
InfoBeans Technologies Ltd is a technology company that primarily operates in the IT services industry. The company is known for providing software development, maintenance, and consulting services. InfoBeans specializes in delivering high-quality digital solutions to a diverse clientele that spans various sectors, including finance, healthcare, and retail. As of the latest updates, InfoBeans has been focusing on expanding its service offerings and increasing its market presence through strategic partnerships and innovation in digital transformation services. However, specific recent major developments beyond these general trends within the industry are not available.
Revenue
In the third quarter of FY25, InfoBeans Technologies Ltd reported a total income of ₹99.64 crores. This represented a decrease of 2.9% compared to the previous quarter (Q2FY25), where the total income was ₹102.57 crores. Despite this quarterly decline, there was a year-over-year increase of 5.9% from Q3FY24, where the total income stood at ₹94.11 crores. This demonstrates a growth in revenue over the past year, though recent quarterly performance shows a slight decrease. The revenue trend indicates fluctuations on a quarterly basis, with a more positive trajectory when viewed annually.
Profitability
The company's profitability metrics for Q3FY25 show a profit before tax of ₹10.38 crores, which is a reduction of 35.2% from the previous quarter's earnings of ₹16.01 crores. However, there is a notable year-over-year increase of 51.8% compared to Q3FY24, where profit before tax was ₹6.84 crores. The tax expense for Q3FY25 was ₹3.32 crores, slightly down by 0.9% from Q2FY25 but significantly higher by 159.4% from Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹7.06 crores, marking a sharp decline of 44.2% from Q2FY25 but a 27.0% increase from Q3FY24. Earnings per share (EPS) for Q3FY25 were ₹2.90, mirroring the profit after tax trend with a 44.2% decrease from the previous quarter and a 26.1% increase year-over-year.
Operating Metrics
The data indicates that total expenses for InfoBeans Technologies Ltd in Q3FY25 were ₹89.26 crores, which reflects a 3.1% increase compared to Q2FY25's expenses of ₹86.56 crores. Compared to the same quarter the previous year (Q3FY24), there is a modest increase of 2.3%, where expenses were ₹87.27 crores. These operating metrics suggest changes in the cost structure on both a quarterly and annual basis. The key financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio are not provided in the data, and thus cannot be calculated or analyzed in this context. The metrics highlight variations in the company's cost management, affecting overall profitability and operational efficiency in the reported period.
