Megasoft Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Megasoft Ltd reported a 48.7% 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 64.5%.
- Its expenses for the quarter were up by 19.2% QoQ and 25.7% YoY.
- The net profit decreased 141.1% QoQ and decreased 222.1% YoY.
- The earnings per share (EPS) of Megasoft Ltd stood at 0.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 12.73 | 8.56 | 7.74 | 48.7% | 64.5% |
Total Expenses | 9.14 | 7.67 | 7.27 | 19.2% | 25.7% |
Profit Before Tax | 3.59 | 0.90 | 0.46 | 298.9% | 680.4% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | 5.86 | -14.26 | -4.80 | -141.1% | -222.1% |
Earnings Per Share | 0.80 | -1.90 | -0.70 | -142.1% | -214.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Megasoft Ltd is a company operating within the technology sector, focusing on software development and IT services. As of the latest available data, the company has been involved in delivering a range of digital solutions to both domestic and international clients. However, specific details regarding its main products or recent major developments are not available from the provided data. This analysis will focus on the financial performance of the company for the third quarter of the fiscal year 2025 (Q3FY25) based on the data provided.
Revenue
In Q3FY25, Megasoft Ltd reported a Total Income of ₹12.73 crores. This reflects an increase of 48.7% when compared to the previous quarter (Q2FY25), where the Total Income was ₹8.56 crores. On a year-over-year basis, Total Income saw a significant rise of 64.5%, up from ₹7.74 crores in Q3FY24. These figures suggest that the company has experienced substantial growth in its revenue over both the quarterly and annual periods.
Profitability
The Profit Before Tax for Megasoft Ltd in Q3FY25 was ₹3.59 crores, marking a dramatic increase of 298.9% from Q2FY25's figure of ₹0.90 crores. Compared to Q3FY24, where the Profit Before Tax was ₹0.46 crores, there is a year-over-year increase of 680.4%. Interestingly, the company reported a Profit After Tax of ₹5.86 crores in Q3FY25, a significant turnaround from a loss of ₹14.26 crores in Q2FY25 and a loss of ₹4.80 crores in Q3FY24. Earnings Per Share (EPS) also improved to ₹0.80, contrasting with a negative EPS in both the previous quarter (₹-1.90) and the same quarter last year (₹-0.70).
Operating Metrics
Total Expenses for Megasoft Ltd in Q3FY25 were ₹9.14 crores, which represents a 19.2% increase from Q2FY25's expenses of ₹7.67 crores. On a year-over-year basis, expenses rose by 25.7% from ₹7.27 crores in Q3FY24. Despite this increase in expenses, the company has managed to improve its profitability significantly in the current quarter. No tax was recorded across the quarters in focus, which impacts the calculations of Profit After Tax. The absence of tax expenses is consistent across the periods analyzed, simplifying the comparison of profits before and after tax.
