IZMO Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- IZMO Ltd reported a 32.3% 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 19.5%.
- Its expenses for the quarter were up by 2.4% QoQ and 23.6% YoY.
- The net profit decreased 79.7% QoQ and decreased 11.9% YoY.
- The earnings per share (EPS) of IZMO Ltd stood at 4.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 60.88 | 89.96 | 50.94 | -32.3% | 19.5% |
Total Expenses | 54.44 | 53.17 | 44.05 | 2.4% | 23.6% |
Profit Before Tax | 6.45 | 34.39 | 6.88 | -81.2% | -6.2% |
Tax | 0.39 | 4.49 | 0.00 | -91.3% | - |
Profit After Tax | 6.06 | 29.90 | 6.88 | -79.7% | -11.9% |
Earnings Per Share | 4.10 | 21.10 | 5.10 | -80.6% | -19.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
IZMO Ltd is a company engaged in the development and provision of software and technological solutions, primarily focusing on the automotive industry. It is known for its digital marketing services, interactive media content, and customer engagement solutions. The company operates in the technology sector, offering a suite of products that includes automotive SaaS and content solutions, which help automotive dealers and manufacturers enhance their marketing and sales efforts. As of the provided data, there are no recent major developments available for the company.
Revenue
For the third quarter of fiscal year 2025 (Q3FY25), IZMO Ltd reported a total income of ₹60.88 crores. This represents a decrease of 32.3% compared to the previous quarter (Q2FY25), where the total income was ₹89.96 crores. However, the company experienced a year-over-year increase of 19.5% from Q3FY24, where the total income was ₹50.94 crores. This YoY growth indicates an increase in revenue from the same quarter of the previous fiscal year.
Profitability
IZMO Ltd's profitability for Q3FY25 shows a profit before tax of ₹6.45 crores, which is a significant decline of 81.2% from the ₹34.39 crores recorded in Q2FY25. Compared to Q3FY24, where the profit before tax was ₹6.88 crores, there is a slight decrease of 6.2%. The profit after tax for Q3FY25 was ₹6.06 crores, marking a 79.7% decrease from Q2FY25's ₹29.90 crores and an 11.9% decrease from Q3FY24's ₹6.88 crores. The earnings per share (EPS) for Q3FY25 was ₹4.10, showing an 80.6% decrease from the previous quarter and a 19.6% decrease from the same quarter last year.
Operating Metrics
The total expenses for IZMO Ltd in Q3FY25 amounted to ₹54.44 crores, which is a 2.4% increase from the expenses in Q2FY25, which were ₹53.17 crores. On a year-over-year basis, there is a 23.6% increase from Q3FY24, where expenses were ₹44.05 crores. The tax expense for Q3FY25 was ₹0.39 crores, a drastic reduction of 91.3% from Q2FY25, when the tax expense was ₹4.49 crores. There is no year-over-year comparison available for tax expenses as the data for Q3FY24 is not provided.
