LCC Infotech Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- LCC Infotech Ltd reported a 300.0% 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 decline of 96.6%.
- Its expenses for the quarter were down by 2.0% QoQ and 55.9% YoY.
- The net profit decreased 58.7% QoQ and decreased 1000.0% YoY.
- The earnings per share (EPS) of LCC Infotech Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 0.04 | 0.01 | 1.16 | 300.0% | -96.6% |
Total Expenses | 0.49 | 0.50 | 1.11 | -2.0% | -55.9% |
Profit Before Tax | -0.45 | -1.09 | 0.05 | -58.7% | -1000.0% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -0.45 | -1.09 | 0.05 | -58.7% | -1000.0% |
Earnings Per Share | 0.00 | -0.10 | 0.00 | -100.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
LCC Infotech Ltd is primarily engaged in the information technology sector, specializing in providing software solutions and IT services. The company focuses on delivering technology-driven solutions to improve business processes and has been part of the IT industry for several years. As of the most recent data available up to October 2023, there are no specific major developments or changes in the company’s operations that have been disclosed. The company’s main products or services include software development, IT consultancy, and possibly other related technology services. However, specific details on recent major developments or strategic initiatives by LCC Infotech Ltd are currently not available in the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), LCC Infotech Ltd reported total income of ₹0.04 crores. This represents a significant quarter-over-quarter (QoQ) increase of 300% compared to the second quarter of fiscal year 2025 (Q2FY25), where the total income was ₹0.01 crores. However, there is a notable year-over-year (YoY) decline of 96.6% from the total income of ₹1.16 crores reported in the third quarter of fiscal year 2024 (Q3FY24). This indicates a substantial decrease in revenue generation compared to the same period last year. Despite the QoQ improvement, the YoY performance reflects a considerable drop in revenue, highlighting the challenges in maintaining income levels over the past year.
Profitability
For Q3FY25, LCC Infotech Ltd recorded a loss in profit before tax (PBT) amounting to ₹-0.45 crores. This marks an improvement from the previous quarter (Q2FY25), where the loss was ₹-1.09 crores, reflecting a QoQ reduction in losses by 58.7%. However, when compared to the same quarter of the previous year (Q3FY24), where a profit of ₹0.05 crores was recorded, there is a substantial YoY decline in PBT by 1000%. Profit after tax (PAT) mirrors the PBT performance, with a loss of ₹-0.45 crores in Q3FY25, improved from ₹-1.09 crores in Q2FY25 but significantly lower than the ₹0.05 crores profit in Q3FY24. The earnings per share for Q3FY25 stood at ₹0.00, indicating no earnings attributed per share, but an improvement from the ₹-0.10 in Q2FY25.
Operating Metrics
Total expenses for LCC Infotech Ltd in Q3FY25 were ₹0.49 crores, marking a slight decrease of 2.0% from ₹0.50 crores in Q2FY25. This reduction in expenses suggests a possible improvement in cost management on a quarterly basis. Compared to Q3FY24, where expenses were ₹1.11 crores, there is a significant YoY decrease of 55.9%, indicating a substantial reduction in operating costs over the year. The absence of tax liabilities in all quarters mentioned (Q3FY25, Q2FY25, and Q3FY24) implies that the company's taxable income has either been negative or minimal, resulting in no tax expenses being recorded.
