Ravinder Heights Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Ravinder Heights Ltd reported a 21.8% 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 decline of 32.4%.
- Its expenses for the quarter were up by 32.6% QoQ and down 27.6% YoY.
- The net profit increased 1816.7% QoQ and decreased 29.9% YoY.
- The earnings per share (EPS) of Ravinder Heights Ltd declined at 0.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1.61 | 2.06 | 2.38 | -21.8% | -32.4% |
Total Expenses | 3.01 | 2.27 | 4.16 | 32.6% | -27.6% |
Profit Before Tax | -1.41 | -0.20 | -1.79 | 605.0% | -21.2% |
Tax | -0.25 | -0.15 | -0.15 | 66.7% | 66.7% |
Profit After Tax | -1.15 | -0.06 | -1.64 | 1816.7% | -29.9% |
Earnings Per Share | -0.20 | 0.00 | -0.30 | - | -33.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ravinder Heights Ltd operates within a specific sector, primarily focusing on the real estate industry. The company's main services include real estate development, management, and investment activities. Recently, there have been no major developments publicly available related to its business operations or strategic direction. As a company in the real estate sector, it is subject to market fluctuations and regulatory changes that can significantly impact its financial performance. Detailed information about its project portfolio, geographical presence, or specific business segments is not available based on the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Ravinder Heights Ltd reported a total income of ₹1.61 crores. This represents a decline of 21.8% from the previous quarter (Q2FY25), where total income was ₹2.06 crores. A year-over-year comparison shows a more substantial decrease of 32.4% from the third quarter of fiscal year 2024 (Q3FY24), with total income previously reported at ₹2.38 crores. The reduction in revenue highlights significant shifts in the company's income generation capabilities over both quarterly and annual periods.
Profitability
The financial results for Q3FY25 indicate a loss before tax of ₹1.41 crores, a significant increase from the loss of ₹0.20 crores recorded in Q2FY25. The year-over-year comparison shows an improvement compared to a loss of ₹1.79 crores in Q3FY24. Tax expenses for Q3FY25 were ₹0.25 crores, up from ₹0.15 crores in both Q2FY25 and Q3FY24. Consequently, the profit after tax for Q3FY25 stood at a negative ₹1.15 crores, which is a substantial increase in losses compared to the previous quarter's loss of ₹0.06 crores. However, there is an improvement from the loss of ₹1.64 crores in Q3FY24. Earnings per share for the current quarter were reported at -0.20, compared to 0.00 in Q2FY25 and -0.30 in Q3FY24.
Operating Metrics
During the third quarter of fiscal year 2025, total expenses for Ravinder Heights Ltd were recorded at ₹3.01 crores. This represents a 32.6% increase from the previous quarter's expenses of ₹2.27 crores. On a year-over-year basis, expenses have decreased by 27.6% from ₹4.16 crores in Q3FY24. The increase in quarterly expenses against a backdrop of declining revenues may be indicative of operational challenges or strategic investments. The company's focus on managing operational costs could significantly impact its financial outcomes in future reporting periods. The financial data does not provide further granularity on specific operating metrics such as current ratio, debt-to-equity ratio, or other key financial ratios.
