Nahar Capital & Financial Services Ltd's Q3FY25 Quarter Results
- 04 Feb 2025
Result Summary
- Nahar Capital & Financial Services Ltd reported a 75.1% 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 66.8%.
- Its expenses for the quarter were down by 9.4% QoQ and up 22.6% YoY.
- The net profit decreased 37.8% QoQ and decreased 4426.7% YoY.
- The earnings per share (EPS) of Nahar Capital & Financial Services Ltd stood at 3.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 4.69 | 18.87 | 14.14 | -75.1% | -66.8% |
Total Expenses | 2.71 | 2.99 | 2.21 | -9.4% | 22.6% |
Profit Before Tax | 1.99 | 15.88 | 11.93 | -87.5% | -83.3% |
Tax | -0.91 | 3.66 | 0.68 | -124.9% | -233.8% |
Profit After Tax | 6.49 | 10.43 | -0.15 | -37.8% | -4426.7% |
Earnings Per Share | 3.90 | 6.20 | -0.10 | -37.1% | -4000.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Nahar Capital & Financial Services Ltd is a company that operates within the financial services sector. Its primary focus is on investment and financial management services, catering to a diverse range of clients. The company is involved in providing services such as portfolio management and advisory services, focusing on maximizing returns for its stakeholders. As of the latest available information, there have been no major developments or announcements from the company. It is important to note that additional specific details regarding the company's operations, such as recent expansions or strategic shifts, are not available in the provided data.
Revenue
For the third quarter of the fiscal year 2025 (Q3FY25), Nahar Capital & Financial Services Ltd reported a total income of ₹4.69 crores. This represents a significant decrease of 75.1% when compared to the previous quarter (Q2FY25), where the total income was ₹18.87 crores. Furthermore, there is a 66.8% decline in total income year-over-year (YoY) from Q3FY24, during which the company recorded a total income of ₹14.14 crores. These figures highlight substantial reductions in revenue both on a quarterly and an annual basis.
Profitability
In terms of profitability, the company recorded a Profit Before Tax (PBT) of ₹1.99 crores in Q3FY25, which reflects an 87.5% decrease from the ₹15.88 crores reported in Q2FY25. Year-over-year, the PBT has decreased by 83.3% from ₹11.93 crores in Q3FY24. The Profit After Tax (PAT) for Q3FY25 is ₹6.49 crores, showcasing a decline of 37.8% from ₹10.43 crores in the previous quarter. However, a remarkable change is observed when comparing YoY figures, with PAT rising significantly from a loss of ₹0.15 crores in Q3FY24. The company's Earnings Per Share (EPS) for Q3FY25 stood at ₹3.90, a decrease of 37.1% from Q2FY25, and a considerable improvement from an EPS of -₹0.10 in Q3FY24.
Operating Metrics
Total expenses for Q3FY25 amounted to ₹2.71 crores, showing a slight reduction of 9.4% from the previous quarter's expenses of ₹2.99 crores. On a year-over-year basis, expenses increased by 22.6% from ₹2.21 crores in Q3FY24. The tax component for Q3FY25 recorded a reversal, with -₹0.91 crores as compared to ₹3.66 crores in Q2FY25 and ₹0.68 crores in Q3FY24, indicating a significant negative tax expense. These metrics indicate variations in operational performance, with notable decreases in both quarterly and annual expenses, alongside a distinct shift in tax expenses.
