Prudent Corporate Advisory Services Ltd's Q3FY25 Quarter Results
- 28 Jan 2025
Result Summary
- Prudent Corporate Advisory Services Ltd reported a 0.8% 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 growth of 36.0%.
- Its expenses for the quarter were up by 1.1% QoQ and 36.3% YoY.
- The net profit decreased 6.5% QoQ and increased 35.0% YoY.
- The earnings per share (EPS) of Prudent Corporate Advisory Services Ltd stood at 11.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 291.63 | 293.92 | 214.44 | -0.8% | 36.0% |
Total Expenses | 227.13 | 224.62 | 166.58 | 1.1% | 36.3% |
Profit Before Tax | 64.50 | 69.31 | 47.86 | -6.9% | 34.8% |
Tax | 16.31 | 17.79 | 12.16 | -8.3% | 34.1% |
Profit After Tax | 48.19 | 51.52 | 35.70 | -6.5% | 35.0% |
Earnings Per Share | 11.60 | 12.40 | 8.60 | -6.5% | 34.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Prudent Corporate Advisory Services Ltd is a financial services company that offers a range of investment and financial advisory services. The company operates in the financial services industry, specializing in wealth management, mutual fund distribution, and insurance advisory. Prudent Corporate Advisory Services Ltd is known for providing comprehensive financial planning and advisory services to individuals and businesses. The company has been focusing on expanding its customer base and enhancing its service offerings to cater to a diverse clientele. As of the information available, there are no major recent developments reported for the company.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Prudent Corporate Advisory Services Ltd reported a total income of ₹291.63 crores. This represents a slight decrease of 0.8% compared to the previous quarter (Q2FY25), where the total income was ₹293.92 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), the total income shows a significant increase of 36.0%, having risen from ₹214.44 crores. This year-over-year growth highlights the company's ability to generate higher revenues compared to the previous year.
Profitability
The profitability of Prudent Corporate Advisory Services Ltd for Q3FY25 is indicated by a profit before tax of ₹64.50 crores, which represents a decrease of 6.9% from Q2FY25's ₹69.31 crores. Despite this quarterly decline, the profit before tax shows a year-over-year increase of 34.8% from Q3FY24's ₹47.86 crores. The profit after tax for Q3FY25 is ₹48.19 crores, down by 6.5% from the previous quarter's ₹51.52 crores, but up by 35.0% compared to ₹35.70 crores in Q3FY24. The earnings per share (EPS) for Q3FY25 stands at ₹11.60, decreasing by 6.5% from Q2FY25's ₹12.40, and increasing by 34.9% from Q3FY24's ₹8.60. These metrics reflect the company's profitability dynamics over the reported periods.
Operating Metrics
The total expenses for Prudent Corporate Advisory Services Ltd in Q3FY25 amounted to ₹227.13 crores, showing a marginal increase of 1.1% from the preceding quarter's ₹224.62 crores. On a year-over-year basis, total expenses rose by 36.3% from ₹166.58 crores in Q3FY24. The tax expense for Q3FY25 was ₹16.31 crores, marking a decrease of 8.3% from Q2FY25's ₹17.79 crores, yet showing a year-over-year increase of 34.1% from ₹12.16 crores in Q3FY24. These operating metrics provide a snapshot of the company's cost structure and tax liabilities across different periods.
