Sastasundar Ventures Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Sastasundar Ventures Ltd reported a 8.9% 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 31.7%.
- Its expenses for the quarter were up by 9.5% QoQ and down 18.0% YoY.
- The net profit decreased 75.6% QoQ and increased 1070.3% YoY.
- The earnings per share (EPS) of Sastasundar Ventures Ltd declined at 8.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 269.46 | 295.82 | 394.63 | -8.9% | -31.7% |
Total Expenses | 306.47 | 279.78 | 373.62 | 9.5% | -18.0% |
Profit Before Tax | -39.24 | -173.63 | 21.00 | -77.4% | -286.9% |
Tax | 0.78 | -22.87 | 0.81 | -103.4% | -3.7% |
Profit After Tax | -37.80 | -154.78 | -3.23 | -75.6% | 1070.3% |
Earnings Per Share | -8.50 | -34.40 | -0.20 | -75.3% | 4150.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sastasundar Ventures Ltd is a company that operates primarily in the healthcare and wellness sector. The company is known for its focus on providing online pharmacy and healthcare services. It leverages technology to deliver healthcare products, diagnostic services, and health-related content, catering to a broad customer base. Recent developments in the industry have shown a growing trend towards digital healthcare services, though specific recent changes related to Sastasundar Ventures Ltd are not explicitly available in this dataset.
Revenue
For the quarter ending Q3FY25, Sastasundar Ventures Ltd reported a total income of ₹269.46 crores. This represents a decrease of 8.9% from the previous quarter (Q2FY25), where the total income was ₹295.82 crores. Comparing year-over-year, there is a significant decline of 31.7% from Q3FY24, where total income stood at ₹394.63 crores. The substantial year-over-year decrease in revenue could be attributed to various factors, including market conditions or changes in consumer demand, though specific causes are not detailed in the provided data.
Profitability
The profitability metrics for Sastasundar Ventures Ltd indicate a challenging financial performance for Q3FY25. The company reported a profit before tax (PBT) of -₹39.24 crores, showing an improvement from -₹173.63 crores in Q2FY25, a decrease of 77.4% in losses quarter-over-quarter. Compared to Q3FY24, where the company recorded a positive PBT of ₹21.00 crores, there is a significant year-over-year decline. The profit after tax (PAT) also improved from -₹154.78 crores in Q2FY25 to -₹37.80 crores in Q3FY25, a 75.6% reduction in losses. However, this still represents a dramatic increase in losses compared to Q3FY24's PAT of -₹3.23 crores. Earnings per share (EPS) have also shown improvement from -₹34.40 in Q2FY25 to -₹8.50 in Q3FY25, yet reflect a significant drop from an EPS of -₹0.20 in Q3FY24.
Operating Metrics
Analyzing the operating expenses, Sastasundar Ventures Ltd recorded total expenses of ₹306.47 crores in Q3FY25, which is an increase of 9.5% from ₹279.78 crores in Q2FY25. Year-over-year, there is a decrease in total expenses by 18.0% from Q3FY24, where the expenses were ₹373.62 crores. The tax expense for Q3FY25 was ₹0.78 crores, a change from a tax credit of -₹22.87 crores in Q2FY25, reflecting a quarter-over-quarter shift of -103.4%. Year-over-year, the tax expense has decreased slightly by 3.7% from Q3FY24’s tax expense of ₹0.81 crores. These financial metrics suggest shifts in the company's operational cost structure and tax liability between the quarters and years in question, although specific operational changes or strategic decisions by the company are not detailed in the data provided.
