Share India Securities Ltd's Q3FY25 Quarter Results
- 29 Jan 2025
Result Summary
- Share India Securities Ltd reported a 23.4% 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 6.9%.
- Its expenses for the quarter were down by 19.4% QoQ and up 4.8% YoY.
- The net profit decreased 33.8% QoQ and decreased 28.6% YoY.
- The earnings per share (EPS) of Share India Securities Ltd stood at 3.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 349.68 | 456.31 | 375.42 | -23.4% | -6.9% |
Total Expenses | 232.71 | 288.67 | 221.95 | -19.4% | 4.8% |
Profit Before Tax | 111.93 | 164.38 | 151.29 | -31.9% | -26.0% |
Tax | 29.72 | 40.12 | 36.18 | -25.9% | -17.9% |
Profit After Tax | 82.21 | 124.27 | 115.11 | -33.8% | -28.6% |
Earnings Per Share | 3.50 | 5.80 | 33.80 | -39.7% | -89.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Share India Securities Ltd is a prominent entity in the financial services sector, primarily engaged in securities brokerage and related financial services. The company offers a range of services including stockbroking, depository services, and investment advisory. As a part of the financial services industry, Share India Securities is subject to market fluctuations and regulatory changes that can impact its performance. Any recent major developments or strategic shifts specific to Share India Securities are not available within the current data set.
Revenue
For the quarter ending Q3FY25, Share India Securities Ltd reported a total income of ₹349.68 crores. This represents a decrease of 23.4% compared to the previous quarter (Q2FY25) where the total income was ₹456.31 crores. Year-over-year, the total income also declined by 6.9% from Q3FY24 when the company earned ₹375.42 crores. These figures indicate a downward trend in income both quarterly and annually.
Profitability
The company's profit before tax for Q3FY25 stood at ₹111.93 crores, marking a decrease of 31.9% from ₹164.38 crores in Q2FY25. Compared to the same quarter last year (Q3FY24), there was a 26.0% decline, with profits before tax previously at ₹151.29 crores. After accounting for taxes amounting to ₹29.72 crores, the profit after tax for the current quarter was ₹82.21 crores. This reflects a decrease of 33.8% from the previous quarter and a 28.6% decrease from the same period last year. Earnings per share also fell significantly to ₹3.50, down 39.7% from the previous quarter and 89.6% year-over-year.
Operating Metrics
Total expenses for Share India Securities Ltd in Q3FY25 were reported at ₹232.71 crores. This is a reduction of 19.4% from the previous quarter's expenses of ₹288.67 crores. When compared to the same quarter in the previous financial year, expenses have increased by 4.8% from ₹221.95 crores. The notable decrease in expenses from the previous quarter, coupled with the overall revenue decrease, is a key observation in the quarterly performance. Key financial ratios such as P/E ratio, debt-to-equity ratio, and current ratio are not calculable with the provided data, as specific information such as market capitalization, total liabilities, and current assets are not available.
