MAS Financial Services Ltd's Q3FY25 Quarter Results
- 30 Jan 2025
Result Summary
- MAS Financial Services Ltd reported a 6.5% 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 19.9%.
- Its expenses for the quarter were up by 5.4% QoQ and 17.2% YoY.
- The net profit increased 3.6% QoQ and increased 24.8% YoY.
- The earnings per share (EPS) of MAS Financial Services Ltd stood at 3.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 410.39 | 385.52 | 342.17 | 6.5% | 19.9% |
Total Expenses | 268.98 | 255.15 | 229.49 | 5.4% | 17.2% |
Profit Before Tax | 107.99 | 103.78 | 86.94 | 4.1% | 24.2% |
Tax | 27.60 | 26.16 | 22.53 | 5.5% | 22.5% |
Profit After Tax | 80.39 | 77.62 | 64.41 | 3.6% | 24.8% |
Earnings Per Share | 3.90 | 4.70 | 11.60 | -17.0% | -66.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
MAS Financial Services Ltd is a non-banking finance company in India, primarily engaged in providing retail and corporate loans. The company operates in the financial services sector, focusing on the needs of micro, small, and medium enterprises (MSMEs), as well as providing vehicle loans, housing loans, and consumer loans. Established to cater to urban and semi-urban customer segments, MAS Financial Services has built a robust distribution network across the country to facilitate its lending operations. As of recent periods, there have been no specific major developments publicly available that are influencing the company’s business operations significantly.
Revenue
During Q3FY25, MAS Financial Services Ltd reported a total income of ₹410.39 crores, reflecting a quarter-over-quarter (QoQ) increase of 6.5% from ₹385.52 crores in Q2FY25, and a year-over-year (YoY) increase of 19.9% from ₹342.17 crores in Q3FY24. This upward trend in total income suggests robust revenue generation over both sequential and annual periods. The company's ability to consistently grow its revenue is indicative of its operational scale and effectiveness in the competitive financial services market.
Profitability
For Q3FY25, the company reported a profit before tax of ₹107.99 crores, which is a 4.1% increase QoQ from ₹103.78 crores in Q2FY25, and a 24.2% increase YoY from ₹86.94 crores in Q3FY24. The tax expense for the quarter was ₹27.60 crores, up 5.5% QoQ from ₹26.16 crores in the previous quarter, and 22.5% YoY from ₹22.53 crores in Q3FY24. Profit after tax stood at ₹80.39 crores, marking a 3.6% QoQ increase from ₹77.62 crores and a 24.8% YoY increase from ₹64.41 crores. Despite the rise in tax expenses, the company maintains a strong profitability position, showcasing effective cost management and revenue conversion.
Operating Metrics
The earnings per share (EPS) for Q3FY25 was reported at ₹3.90, which reflects a notable decline of 17.0% QoQ from ₹4.70 in Q2FY25, and a substantial decrease of 66.4% YoY from ₹11.60 in Q3FY24. This decline in EPS is a significant metric to consider, indicating changes in earnings relative to the number of shares outstanding. Despite the declines in EPS, the company's expenses increased by 5.4% QoQ to ₹268.98 crores from ₹255.15 crores, and by 17.2% YoY from ₹229.49 crores. These operating metrics provide insights into the company's cost structure and earnings distribution over the specified quarters.
