PTC India Financial Services Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- PTC India Financial Services Ltd reported a 3.2% 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 22.6%.
- Its expenses for the quarter were down by 1.9% QoQ and 28.3% YoY.
- The net profit increased 11.0% QoQ and increased 4.4% YoY.
- The earnings per share (EPS) of PTC India Financial Services Ltd stood at 1.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 158.12 | 163.41 | 204.32 | -3.2% | -22.6% |
Total Expenses | 92.03 | 93.79 | 128.39 | -1.9% | -28.3% |
Profit Before Tax | 66.10 | 63.41 | 67.48 | 4.2% | -2.0% |
Tax | 13.52 | 16.07 | 17.11 | -15.9% | -21.0% |
Profit After Tax | 52.57 | 47.34 | 50.37 | 11.0% | 4.4% |
Earnings Per Share | 1.10 | 0.70 | 0.80 | 57.1% | 37.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
PTC India Financial Services Ltd (PFS) is a non-banking financial company in India, primarily engaged in providing financial services focused on the energy value chain. The company operates in the financial services industry and offers a variety of loan products tailored for projects in the energy sector, including renewable energy, thermal energy, and other infrastructure projects. PFS aims to support the development of the energy sector in India by providing both debt and equity financing solutions. As of the latest available data, there are no specific recent developments provided; any updates or strategic initiatives are not mentioned in the current context.
Revenue
For the quarter ending Q3FY25, PTC India Financial Services Ltd reported total income of ₹158.12 crores. This figure represents a quarter-over-quarter (QoQ) decline of 3.2% from the previous quarter's total income of ₹163.41 crores. On a year-over-year (YoY) basis, the total income decreased by 22.6% from ₹204.32 crores reported in Q3FY24. This decline in total income is notable, as it reflects changes in revenue streams or market conditions affecting the company's income over the periods in question. The financial data does not provide further breakdowns of revenue sources.
Profitability
The company's profitability metrics for Q3FY25 reveal a profit before tax (PBT) of ₹66.10 crores, representing a 4.2% QoQ increase from ₹63.41 crores in Q2FY25. However, there is a slight YoY decrease of 2.0% from ₹67.48 crores in Q3FY24. Tax expenses for the quarter were ₹13.52 crores, which is a decrease of 15.9% QoQ and 21.0% YoY, from ₹16.07 crores and ₹17.11 crores respectively. Consequently, the profit after tax (PAT) rose to ₹52.57 crores, marking an 11.0% QoQ increase and a 4.4% YoY increase from ₹50.37 crores in Q3FY24. These figures are indicative of changes in the company's cost structure or tax strategies during the periods.
Operating Metrics
The earnings per share (EPS) for PTC India Financial Services Ltd in Q3FY25 was ₹1.10, showing a significant QoQ increase of 57.1% from ₹0.70 in Q2FY25, and a YoY increase of 37.5% from ₹0.80 in Q3FY24. This improvement in EPS suggests that the company has managed to enhance its earnings attributable to each share over the periods analyzed. The financial data does not provide specific details on other operating metrics such as debt levels, liquidity ratios, or asset management efficiencies. However, the improvement in EPS amid varying income and tax expenses is a key point of observation in the current analysis.
