Maha Rashtra Apex Corporation Ltd's Q3FY25 Quarter Results
- 11 Feb 2025
Result Summary
- Maha Rashtra Apex Corporation Ltd reported a 832.3% 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 697.4%.
- Its expenses for the quarter were down by 57.3% QoQ and 52.9% YoY.
- The net profit decreased 14.7% QoQ and decreased 92.4% YoY.
- The earnings per share (EPS) of Maha Rashtra Apex Corporation Ltd declined at 4.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 6.06 | 0.65 | 0.76 | 832.3% | 697.4% |
Total Expenses | 0.41 | 0.96 | 0.87 | -57.3% | -52.9% |
Profit Before Tax | 5.95 | 0.36 | 0.25 | 1552.8% | 2280.0% |
Tax | 0.14 | -0.01 | 0.00 | -1500.0% | - |
Profit After Tax | -6.80 | -7.97 | -89.70 | -14.7% | -92.4% |
Earnings Per Share | -4.80 | -5.70 | -6.40 | -15.8% | -25.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Maha Rashtra Apex Corporation Ltd is an Indian company. Information regarding the specific products or services offered by the company, as well as details about its industry or recent major developments, is not available in the provided data. Therefore, a detailed exploration of the company's operations or strategic direction is not possible based solely on the given information. To gain a comprehensive understanding of the company’s market presence and business activities, additional research beyond the data provided would be necessary.
Revenue
In Q3FY25, Maha Rashtra Apex Corporation Ltd reported a total income of ₹6.06 crores. This marks a significant increase compared to ₹0.65 crores in Q2FY25, reflecting a quarter-over-quarter (QoQ) growth of 832.3%. Additionally, there was a substantial year-over-year (YoY) increase of 697.4% from ₹0.76 crores in Q3FY24. The marked rise in total income both QoQ and YoY highlights a considerable change in the company's revenue-generating capabilities over the specified periods.
Profitability
The company's profitability metrics exhibit notable changes over the reported periods. The profit before tax for Q3FY25 stood at ₹5.95 crores, a significant rise from ₹0.36 crores in Q2FY25, representing a QoQ increase of 1552.8%. Compared to Q3FY24, where the profit before tax was ₹0.25 crores, there was a YoY increase of 2280.0%. Despite this remarkable growth in profit before tax, the profit after tax for Q3FY25 was reported as negative ₹6.80 crores. This is an improvement from negative ₹7.97 crores in Q2FY25, indicating a QoQ reduction in losses by 14.7%. Compared to Q3FY24, where the profit after tax was negative ₹89.70 crores, there was a YoY improvement of 92.4%. The earnings per share (EPS) also showed a reduction in losses, with Q3FY25 at negative ₹4.80 versus negative ₹5.70 in Q2FY25 and negative ₹6.40 in Q3FY24, reflecting a QoQ improvement of 15.8% and a YoY improvement of 25.0%.
Operating Metrics
The total expenses for Maha Rashtra Apex Corporation Ltd in Q3FY25 were reported at ₹0.41 crores, showing a decrease from ₹0.96 crores in Q2FY25. This represents a QoQ decrease of 57.3%. When compared to Q3FY24, where total expenses were ₹0.87 crores, there was a YoY decrease of 52.9%. The tax expense for Q3FY25 was ₹0.14 crores, a reversal from a negative tax figure of ₹-0.01 crores in Q2FY25, indicating a significant change in tax obligations by -1500.0% QoQ. No YoY comparison is available for the tax expense as the Q3FY24 tax data is not provided. These financial metrics reflect critical insights into the company’s operational cost management and tax implications over the reported periods.
