Repco Home Finance Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Repco Home Finance Ltd reported a 5.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 13.3%.
- Its expenses for the quarter were up by 3.3% QoQ and 17.5% YoY.
- The net profit decreased 1.7% QoQ and increased 8.8% YoY.
- The earnings per share (EPS) of Repco Home Finance Ltd stood at 18.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 445.32 | 424.19 | 393.20 | 5.0% | 13.3% |
Total Expenses | 300.98 | 291.24 | 256.21 | 3.3% | 17.5% |
Profit Before Tax | 144.01 | 148.97 | 134.08 | -3.3% | 7.4% |
Tax | 37.46 | 40.25 | 34.64 | -6.9% | 8.1% |
Profit After Tax | 113.17 | 115.13 | 104.01 | -1.7% | 8.8% |
Earnings Per Share | 18.10 | 18.40 | 16.60 | -1.6% | 9.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Repco Home Finance Ltd is a financial institution operating primarily in the housing finance sector. The company specializes in providing loans for the purchase or construction of residential properties, with a focus on serving customers across India. Repco Home Finance Ltd caters to individuals in both urban and rural areas, offering home loans, loans against property, and loans for home repairs and renovations. As of the latest data, there are no specific recent major developments provided for the company within the existing dataset. The company continues to operate in a competitive industry characterized by fluctuating interest rates and varying demand for housing finance.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), Repco Home Finance Ltd reported a total income of ₹445.32 crores. This marks a 5.0% increase from the previous quarter (Q2FY25), where the total income was ₹424.19 crores. Compared to the same quarter in the previous fiscal year (Q3FY24), there is a notable growth of 13.3%, with the total income having been ₹393.20 crores at that time. The consistent increase in total income on both a quarter-over-quarter (QoQ) and year-over-year (YoY) basis highlights the company's revenue trajectory over the analyzed periods.
Profitability
Repco Home Finance Ltd's profitability metrics for Q3FY25 show a profit before tax (PBT) of ₹144.01 crores, reflecting a decrease of 3.3% from the previous quarter's PBT of ₹148.97 crores. Despite the QoQ decline, the YoY comparison indicates a 7.4% improvement from Q3FY24, when the PBT stood at ₹134.08 crores. The profit after tax (PAT) for Q3FY25 is reported at ₹113.17 crores, which is a slight decrease of 1.7% from ₹115.13 crores in Q2FY25, yet an increase of 8.8% from ₹104.01 crores in Q3FY24. The earnings per share (EPS) also show a similar trend, standing at ₹18.10 for Q3FY25, down by 1.6% QoQ but up by 9.0% YoY from Q3FY24's ₹16.60.
Operating Metrics
Total expenses for Repco Home Finance Ltd in Q3FY25 amounted to ₹300.98 crores, which represents a 3.3% increase from the ₹291.24 crores recorded in Q2FY25. On a YoY basis, there is a more pronounced increase of 17.5% compared to ₹256.21 crores in Q3FY24. The tax expenses for the quarter were ₹37.46 crores, down by 6.9% from ₹40.25 crores in Q2FY25, but up by 8.1% from the previous year’s corresponding quarter, which had a tax expense of ₹34.64 crores. These operating metrics reflect the company's ongoing financial adjustments and obligations over the quarters.
