Sigma Solve Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Sigma Solve Ltd reported a 12.1% 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 17.3%.
- Its expenses for the quarter were up by 14.4% QoQ and 27.4% YoY.
- The net profit increased 2.9% QoQ and decreased 7.8% YoY.
- The earnings per share (EPS) of Sigma Solve Ltd stood at 4.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 19.77 | 17.64 | 16.85 | 12.1% | 17.3% |
Total Expenses | 13.94 | 12.19 | 10.94 | 14.4% | 27.4% |
Profit Before Tax | 5.84 | 5.45 | 5.91 | 7.2% | -1.2% |
Tax | 1.61 | 1.34 | 1.32 | 20.1% | 22.0% |
Profit After Tax | 4.23 | 4.11 | 4.59 | 2.9% | -7.8% |
Earnings Per Share | 4.10 | 4.00 | 4.50 | 2.5% | -8.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Sigma Solve Ltd is a company that operates within the technology sector, providing a range of software solutions, including mobile and web application development, e-commerce solutions, and other digital services. The company is known for its expertise in crafting customized solutions that cater to various industries, leveraging cutting-edge technologies to enhance business operations. As of the most recent quarter, there have been no major developments disclosed publicly. Therefore, any new strategic initiatives or partnerships are not available at this time.
Revenue
Sigma Solve Ltd's revenue for Q3FY25 stood at ₹19.77 crores, representing an increase from ₹17.64 crores in Q2FY25, translating to a quarter-over-quarter (QoQ) growth of 12.1%. Comparing this to the same period last year, where the revenue was ₹16.85 crores in Q3FY24, the year-over-year (YoY) growth is 17.3%. This indicates a consistent upward trend in total income over the past year, reflecting the company's ability to generate higher sales or improved service offerings.
Profitability
In terms of profitability, Sigma Solve Ltd recorded a Profit Before Tax (PBT) of ₹5.84 crores in Q3FY25, which shows a 7.2% increase from ₹5.45 crores in Q2FY25. However, when compared to Q3FY24, where the PBT was ₹5.91 crores, there is a slight decline of 1.2% year-over-year. The Profit After Tax (PAT) for Q3FY25 was ₹4.23 crores, indicating a modest QoQ rise of 2.9% from ₹4.11 crores in Q2FY25, but a YoY decrease of 7.8% from ₹4.59 crores in Q3FY24. The earnings per share (EPS) also reflected a similar pattern, with a QoQ increase of 2.5% to ₹4.10, but a YoY decline of 8.9% from ₹4.50.
Operating Metrics
Total expenses for Sigma Solve Ltd in Q3FY25 were ₹13.94 crores, up 14.4% from ₹12.19 crores in Q2FY25 and a significant 27.4% YoY increase from ₹10.94 crores in Q3FY24. The tax expense for the most recent quarter was ₹1.61 crores, which increased by 20.1% QoQ from ₹1.34 crores in Q2FY25 and by 22.0% YoY from ₹1.32 crores in Q3FY24. These metrics suggest a rise in operational costs and tax obligations over both quarters and the year, aligning with the overall increase in total income. However, specific financial ratios such as the P/E ratio, debt-to-equity ratio, or current ratio are not available from the given data.
