Shanti Overseas (India) Ltd's Q3FY25 Quarter Results
- 22 Jan 2025
Result Summary
- Shanti Overseas (India) Ltd reported a 540.9% 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 518.7%.
- Its expenses for the quarter were up by 539.1% QoQ and 525.6% YoY.
- The net profit increased 497.5% QoQ and increased 455.8% YoY.
- The earnings per share (EPS) of Shanti Overseas (India) Ltd declined at 2.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 17.88 | 2.79 | 2.89 | 540.9% | 518.7% |
Total Expenses | 20.77 | 3.25 | 3.32 | 539.1% | 525.6% |
Profit Before Tax | -2.90 | -0.48 | -0.43 | 504.2% | 574.4% |
Tax | -0.50 | -0.08 | 0.00 | 525.0% | - |
Profit After Tax | -2.39 | -0.40 | -0.43 | 497.5% | 455.8% |
Earnings Per Share | -2.10 | -0.40 | -0.40 | 425.0% | 425.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Shanti Overseas (India) Ltd is a company operating in the agribusiness sector, primarily involved in the processing and export of agricultural commodities. The company deals with products such as soybean, soybean meal, and other related agro-products. The agribusiness industry is characterized by its sensitivity to agricultural yields, commodity prices, and global trade dynamics. While specific recent developments were not provided, understanding the company's focus on exports and agricultural commodities is crucial to assessing its financial performance. The company's operations are likely influenced by factors such as monsoon variability, international market demand, and fluctuations in commodity prices.
Revenue
The financial data for Shanti Overseas (India) Ltd in Q3FY25 shows a significant increase in total income, which amounted to ₹17.88 crores. This represents a quarter-over-quarter (QoQ) increase of 540.9% from ₹2.79 crores in Q2FY25. Additionally, there was a year-over-year (YoY) increase of 518.7% compared to ₹2.89 crores in Q3FY24. This substantial growth in revenue over the specified periods highlights a notable change in the company's income generation capability for the quarter under review. The figures suggest a substantial upsurge in the company's revenue streams compared to both the previous quarter and the same quarter of the previous year.
Profitability
For Q3FY25, Shanti Overseas (India) Ltd recorded a Profit Before Tax (PBT) of -₹2.90 crores, which represents a significant change from -₹0.48 crores in Q2FY25, marking a QoQ increase of 504.2%. The YoY change from -₹0.43 crores in Q3FY24 shows a 574.4% increase in the negative PBT. This indicates a substantial increase in pre-tax losses for the quarter. The company also reported a Profit After Tax (PAT) of -₹2.39 crores in Q3FY25, which reflects a QoQ increase of 497.5% from -₹0.40 crores in Q2FY25, and a YoY increase of 455.8% from -₹0.43 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 stood at -₹2.10, compared to -₹0.40 in both Q2FY25 and Q3FY24, indicating a 425.0% increase in the negative EPS both QoQ and YoY.
Operating Metrics
Total expenses for Shanti Overseas (India) Ltd in Q3FY25 were ₹20.77 crores, reflecting a QoQ increase of 539.1% from ₹3.25 crores in Q2FY25, and a YoY increase of 525.6% from ₹3.32 crores in Q3FY24. This rise in expenses corresponds with the changes observed in total income, suggesting a correlation between income and expenses for the period. The tax recorded for Q3FY25 was -₹0.50 crores, compared to -₹0.08 crores in Q2FY25 and ₹0.00 crores in Q3FY24, marking a QoQ change of 525.0%. These metrics reflect the operational cost dynamics and tax implications for the company during the quarter. The data provides insights into the operational scale and cost structure of Shanti Overseas (India) Ltd for the period under review.
