Rashi Peripherals Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Rashi Peripherals Ltd reported a 22.5% 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 9.4%.
- Its expenses for the quarter were down by 22.0% QoQ and up 9.1% YoY.
- The net profit decreased 54.1% QoQ and increased 29.4% YoY.
- The earnings per share (EPS) of Rashi Peripherals Ltd stood at 4.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 2874.73 | 3711.65 | 2628.28 | -22.5% | 9.4% |
Total Expenses | 2832.08 | 3628.72 | 2594.78 | -22.0% | 9.1% |
Profit Before Tax | 42.65 | 82.94 | 33.50 | -48.6% | 27.3% |
Tax | 10.58 | 13.07 | 8.72 | -19.1% | 21.3% |
Profit After Tax | 32.07 | 69.87 | 24.78 | -54.1% | 29.4% |
Earnings Per Share | 4.80 | 10.60 | 6.00 | -54.7% | -20.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Rashi Peripherals Ltd is a company engaged in the technology distribution sector. The firm specializes in the distribution of IT and mobility solutions, providing a range of products including laptops, desktops, tablets, and other electronic devices. It serves as a crucial intermediary between technology manufacturers and the retail market, ensuring that the latest technological products are accessible to consumers. As of the data provided, no recent major developments or strategic changes have been noted. The company's operations are significant in the technology and electronics distribution industry, contributing to the supply chain that supports the proliferation of digital devices.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Rashi Peripherals Ltd reported total income of ₹2874.73 crores. This represents a decrease of 22.5% from the previous quarter (Q2FY25), where total income was ₹3711.65 crores. However, compared to the same quarter in the previous fiscal year (Q3FY24), there was a 9.4% increase from ₹2628.28 crores. This illustrates a YoY growth in revenue, despite the QoQ decline. The fluctuating revenue figures reflect variations in quarterly sales performance, which may be attributed to various market dynamics affecting the technology distribution sector.
Profitability
The profitability of Rashi Peripherals Ltd in Q3FY25 is reflected through several key financial metrics. The profit before tax for the quarter stood at ₹42.65 crores, which is a significant decrease of 48.6% from Q2FY25, where it was ₹82.94 crores. However, on a YoY basis, there was an increase of 27.3% from ₹33.50 crores in Q3FY24. The profit after tax followed a similar trend, with a QoQ decrease of 54.1% to ₹32.07 crores from ₹69.87 crores in Q2FY25, but a YoY increase of 29.4% from ₹24.78 crores in Q3FY24. The earnings per share (EPS) were ₹4.80, down 54.7% QoQ from ₹10.60, and a YoY decrease of 20.0% from ₹6.00. These figures highlight the company's profitability dynamics over the specified periods.
Operating Metrics
Total expenses for Rashi Peripherals Ltd in Q3FY25 were ₹2832.08 crores, which is a 22.0% decrease from ₹3628.72 crores in Q2FY25, and a 9.1% increase from ₹2594.78 crores in Q3FY24. This indicates a reduction in operational spending compared to the previous quarter, while still maintaining a higher expense level than the same quarter last year. The tax expense for the quarter was ₹10.58 crores, marking a decrease of 19.1% from ₹13.07 crores in the preceding quarter, and a 21.3% increase from ₹8.72 crores in the same quarter of the previous year. These operational metrics suggest changes in the company's cost structure and tax liabilities, which may be influenced by strategic adjustments or external economic factors.
