Jaiprakash Power Ventures Ltd's Q3FY25 Quarter Results
- 03 Feb 2025
Result Summary
- Jaiprakash Power Ventures Ltd reported a 3.7% 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 43.2%.
- Its expenses for the quarter were down by 0.6% QoQ and 42.0% YoY.
- The net profit decreased 30.6% QoQ and decreased 26.7% YoY.
- The earnings per share (EPS) of Jaiprakash Power Ventures Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1256.63 | 1305.19 | 2213.68 | -3.7% | -43.2% |
Total Expenses | 1064.12 | 1070.76 | 1835.20 | -0.6% | -42.0% |
Profit Before Tax | 192.51 | 234.43 | 299.12 | -17.9% | -35.6% |
Tax | 65.83 | 51.77 | 126.27 | 27.2% | -47.9% |
Profit After Tax | 126.68 | 182.66 | 172.85 | -30.6% | -26.7% |
Earnings Per Share | 0.10 | 0.20 | 0.20 | -50.0% | -50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Jaiprakash Power Ventures Ltd is a company involved in the power generation sector. It primarily operates in the energy industry, focusing on the generation and distribution of electricity. Specific details regarding its main products or services, or any recent major developments, are not available from the provided data. The company operates within a highly competitive and regulated industry, where changes in energy demand, regulatory policies, and market conditions can significantly impact its business performance.
Revenue
The total income for Jaiprakash Power Ventures Ltd in Q3FY25 was ₹1256.63 crores, marking a decrease of 3.7% from Q2FY25 when total revenue was ₹1305.19 crores. When compared on a year-over-year basis, there is a more pronounced decline of 43.2% from Q3FY24, when the total income stood at ₹2213.68 crores. This substantial year-over-year decrease highlights a significant reduction in revenue over the 12-month period.
Profitability
In Q3FY25, Jaiprakash Power Ventures Ltd reported a Profit Before Tax of ₹192.51 crores, a decrease of 17.9% from ₹234.43 crores in Q2FY25. Compared to Q3FY24, where the Profit Before Tax was ₹299.12 crores, there is a notable year-over-year decline of 35.6%. The Profit After Tax for Q3FY25 was ₹126.68 crores, representing a 30.6% decrease from the previous quarter's ₹182.66 crores and a 26.7% reduction from the ₹172.85 crores reported in Q3FY24. Earnings Per Share in Q3FY25 stood at ₹0.10, a 50% decrease both quarter-over-quarter and year-over-year from ₹0.20.
Operating Metrics
Total expenses in Q3FY25 were ₹1064.12 crores, showing a slight decrease of 0.6% from Q2FY25, where expenses were ₹1070.76 crores. On a year-over-year basis, total expenses decreased by 42.0% from ₹1835.20 crores in Q3FY24. The tax expense for Q3FY25 was ₹65.83 crores, which is an increase of 27.2% from the previous quarter's ₹51.77 crores, but a 47.9% decrease from the ₹126.27 crores paid in Q3FY24. These figures indicate changes in the company's cost management and tax liabilities over the periods in question.
