PVP Ventures Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- PVP Ventures Ltd reported a 17.8% 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 1.5%.
- Its expenses for the quarter were down by 23.1% QoQ and 25.3% YoY.
- The net profit decreased 75.4% QoQ and decreased 101.1% YoY.
- The earnings per share (EPS) of PVP Ventures Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 5.26 | 6.40 | 5.18 | -17.8% | 1.5% |
Total Expenses | 7.82 | 10.17 | 10.47 | -23.1% | -25.3% |
Profit Before Tax | -2.56 | -3.76 | 67.16 | -31.9% | -103.8% |
Tax | -1.83 | -0.75 | 0.00 | 144.0% | - |
Profit After Tax | -0.74 | -3.01 | 67.16 | -75.4% | -101.1% |
Earnings Per Share | 0.00 | -1.10 | 2.60 | -100.0% | -100.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
PVP Ventures Ltd is a company engaged in the business of urban infrastructure development, real estate, and related activities. The company primarily operates within the real estate sector, focusing on the development of commercial and residential properties. As of the data available, there is no specific mention of any recent major developments or strategic shifts in the company's operations. The company continues to navigate the challenges and opportunities inherent in the real estate market, which can be influenced by various economic and regulatory factors.
Revenue
In the third quarter of the fiscal year 2025, PVP Ventures Ltd reported a total income of ₹5.26 crores. This represents a decrease of 17.8% compared to the previous quarter, Q2FY25, where the total income was ₹6.40 crores. However, when compared year-over-year to the third quarter of the fiscal year 2024, there is a slight increase of 1.5%, as the total income in Q3FY24 was ₹5.18 crores. This YoY growth, albeit modest, indicates stability in revenue generation over the year.
Profitability
The financial data for the third quarter of FY25 reveals that PVP Ventures Ltd incurred a loss before tax of ₹2.56 crores. This is a reduction in the loss compared to the previous quarter's loss of ₹3.76 crores, showing a QoQ improvement of 31.9%. However, compared to the third quarter of FY24, where the company reported a profit before tax of ₹67.16 crores, this represents a substantial decrease of 103.8%. The tax provision for Q3FY25 was negative ₹1.83 crores, compared to negative ₹0.75 crores in Q2FY25. The profit after tax for Q3FY25 stands at a loss of ₹0.74 crores, which is an improvement from the loss of ₹3.01 crores in Q2FY25 but a significant decline from the profit of ₹67.16 crores in Q3FY24.
Operating Metrics
The earnings per share (EPS) for PVP Ventures Ltd in Q3FY25 was ₹0.00, which is an improvement from the negative EPS of ₹-1.10 in Q2FY25. This marks a QoQ change of 100.0%. When compared to the EPS of ₹2.60 in Q3FY24, there is a decline of 100.0% YoY. The reduction in expenses from ₹10.17 crores in Q2FY25 to ₹7.82 crores in Q3FY25, representing a 23.1% decrease, highlights a significant reduction in operational costs. Year-over-year, the total expenses decreased by 25.3% from ₹10.47 crores in Q3FY24. This reduction in expenses alongside the revenue figures provides insight into the company's cost management strategies during this period.
