Innovana Thinklabs Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Innovana Thinklabs Ltd reported a 8.0% 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 0.6%.
- Its expenses for the quarter were up by 12.0% QoQ and 4.0% YoY.
- The net profit increased 7.2% QoQ and increased 4.7% YoY.
- The earnings per share (EPS) of Innovana Thinklabs Ltd stood at 5.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 29.98 | 27.76 | 29.80 | 8.0% | 0.6% |
Total Expenses | 15.45 | 13.79 | 14.85 | 12.0% | 4.0% |
Profit Before Tax | 14.52 | 13.97 | 14.94 | 3.9% | -2.8% |
Tax | 3.45 | 3.65 | 3.55 | -5.5% | -2.8% |
Profit After Tax | 11.83 | 11.04 | 11.30 | 7.2% | 4.7% |
Earnings Per Share | 5.80 | 5.40 | 5.50 | 7.4% | 5.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Innovana Thinklabs Ltd is a technology-driven company that focuses on developing innovative software solutions. As a part of the IT services industry, the company offers a range of digital products and services designed to enhance user experience and optimize technology usage. Their portfolio includes software for system optimization, security, and utility applications. While specific recent developments are not provided, companies in this sector typically engage in frequent updates and new product launches to remain competitive and meet evolving consumer demands.
Revenue
In Q3FY25, Innovana Thinklabs Ltd reported a total income of ₹29.98 crores, showing a quarter-over-quarter (QoQ) increase of 8.0% from ₹27.76 crores in Q2FY25. Year-over-year (YoY) growth in total income was modest at 0.6%, up from ₹29.80 crores in Q3FY24. This indicates a stable revenue stream with incremental growth over the previous quarter and year. The company's ability to maintain and slightly increase its revenue in both short-term and annual comparisons highlights its market resilience.
Profitability
The Profit Before Tax (PBT) for Q3FY25 was ₹14.52 crores, which represents a QoQ increase of 3.9% from ₹13.97 crores in Q2FY25. However, there was a slight YoY decrease of 2.8% from the previous year's Q3 figure of ₹14.94 crores. The tax expense in Q3FY25 was ₹3.45 crores, showing a reduction of 5.5% QoQ and 2.8% YoY. Consequently, the Profit After Tax (PAT) stood at ₹11.83 crores, marking a 7.2% QoQ rise and a 4.7% YoY growth. These figures underscore the company's ability to enhance its profitability on a quarterly basis while achieving annual growth despite a minor decrease in PBT.
Operating Metrics
The Earnings Per Share (EPS) for Q3FY25 was ₹5.80, which increased by 7.4% from ₹5.40 in Q2FY25 and by 5.5% from ₹5.50 in Q3FY24. Total expenses rose to ₹15.45 crores in Q3FY25, a 12.0% QoQ increase from ₹13.79 crores and a 4.0% YoY rise from ₹14.85 crores. The higher expense growth compared to income suggests an increase in operational costs. While specific financial ratios such as P/E, debt-to-equity, or current ratios are not provided, the available metrics indicate a focus on maintaining profitability and increasing shareholder value through consistent EPS growth.
