Poonawalla Fincorp Ltd's Q3FY25 Quarter Results
- 01 Feb 2025
Result Summary
- Poonawalla Fincorp Ltd reported a 6.1% 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 36.6%.
- Its expenses for the quarter were down by 4.6% QoQ and up 61.5% YoY.
- The net profit decreased 104.0% QoQ and decreased 92.9% YoY.
- The earnings per share (EPS) of Poonawalla Fincorp Ltd stood at 0.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1057.17 | 996.50 | 773.76 | 6.1% | 36.6% |
Total Expenses | 684.12 | 717.32 | 423.54 | -4.6% | 61.5% |
Profit Before Tax | 25.18 | -630.45 | 356.76 | -104.0% | -92.9% |
Tax | 6.45 | -159.41 | 91.62 | -104.0% | -93.0% |
Profit After Tax | 18.73 | -471.04 | 265.14 | -104.0% | -92.9% |
Earnings Per Share | 0.20 | -6.10 | 3.40 | -103.3% | -94.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Poonawalla Fincorp Ltd is a non-banking financial company (NBFC) in India, primarily engaged in providing a range of financial services, including loans and credit facilities. The company operates within the financial services industry, offering products like personal loans, business loans, and other financial instruments. As a player in the financial sector, Poonawalla Fincorp Ltd is subject to economic trends and regulatory environments that may affect its operational and financial performance. There is no additional recent major development information provided in the data.
Revenue
In Q3FY25, Poonawalla Fincorp Ltd reported a total income of ₹1057.17 crores, marking a 6.1% increase from the ₹996.50 crores in Q2FY25. The year-over-year growth is significant, with a 36.6% increase from ₹773.76 crores reported in Q3FY24. This upward trend in total income suggests robust revenue generation capabilities during the quarter, reflecting the company's ability to expand its income base compared to both the previous quarter and the same period last year.
Profitability
The profitability metrics for Poonawalla Fincorp Ltd show a mixed performance. The company recorded a profit before tax of ₹25.18 crores in Q3FY25, recovering from a loss of ₹630.45 crores in Q2FY25. However, this is a stark decline from the ₹356.76 crores reported in Q3FY24, representing a year-over-year decrease of 92.9%. Profit after tax for Q3FY25 was ₹18.73 crores, a significant improvement from the previous quarter's loss of ₹471.04 crores but a 92.9% decrease from the ₹265.14 crores reported in the same quarter last year. Earnings per share are ₹0.20, up from a negative of ₹6.10 in Q2FY25, but down from ₹3.40 in Q3FY24, indicating a year-over-year decline of 94.1%.
Operating Metrics
The total expenses for Poonawalla Fincorp Ltd in Q3FY25 were ₹684.12 crores, decreasing by 4.6% from the previous quarter's ₹717.32 crores. This reflects a cost management effort during the quarter. However, when compared to the ₹423.54 crores in Q3FY24, there is an increase of 61.5%, highlighting a rise in operational costs over the year. The tax expense for Q3FY25 was ₹6.45 crores, significantly different from the negative tax expense of ₹159.41 crores in Q2FY25 and down from ₹91.62 crores in Q3FY24, suggesting a variance in tax liabilities across the periods. These figures demonstrate a complex operating environment with varying expense management and tax obligations.
