Softtech Engineers Ltd's Q3FY25 Quarter Results
- 12 Feb 2025
Result Summary
- Softtech Engineers Ltd reported a 7.1% 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 growth of 14.0%.
- Its expenses for the quarter were down by 76.7% QoQ and 70.5% YoY.
- The net profit decreased 20.5% QoQ and decreased 49.2% YoY.
- The earnings per share (EPS) of Softtech Engineers Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 21.76 | 23.42 | 19.09 | -7.1% | 14.0% |
Total Expenses | 5.27 | 22.58 | 17.85 | -76.7% | -70.5% |
Profit Before Tax | 0.77 | 0.83 | 1.24 | -7.2% | -37.9% |
Tax | 0.46 | 0.44 | 0.63 | 4.5% | -27.0% |
Profit After Tax | 0.31 | 0.39 | 0.61 | -20.5% | -49.2% |
Earnings Per Share | 0.10 | 0.40 | 0.60 | -75.0% | -83.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Softtech Engineers Ltd is a company operating within the software and engineering solutions industry. Specializing in innovative software products and services, Softtech Engineers Ltd caters to the needs of various sectors, including infrastructure, real estate, and construction. The company is known for its advanced software solutions that enhance the efficiency and productivity of engineering projects. While specific recent developments for Softtech Engineers Ltd are not provided, the company has historically focused on leveraging technology to offer cutting-edge solutions to its clients. As a player in the rapidly evolving tech industry, it remains committed to adapting to market changes and technological advancements.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Softtech Engineers Ltd reported a total income of ₹21.76 crore. This marks a decrease of 7.1% compared to the previous quarter (Q2FY25), where total income was ₹23.42 crore. However, when compared to the same quarter in the previous year (Q3FY24), there is a 14.0% increase from the total income of ₹19.09 crore. The year-over-year growth indicates an improvement in revenue performance compared to the last year, despite the quarter-over-quarter decline. These figures highlight the company's revenue dynamics over the past year.
Profitability
The company's profitability metrics for Q3FY25 reflect several changes. Profit Before Tax (PBT) stood at ₹0.77 crore, showing a 7.2% decrease from ₹0.83 crore in Q2FY25 and a 37.9% decline from ₹1.24 crore in Q3FY24. Tax expenses for the quarter were ₹0.46 crore, up by 4.5% from the previous quarter but down by 27.0% year-over-year. Consequently, Profit After Tax (PAT) was ₹0.31 crore, representing a 20.5% reduction from the previous quarter and a 49.2% decrease from the previous year. Earnings Per Share (EPS) for Q3FY25 was ₹0.10, which decreased by 75.0% from Q2FY25 and by 83.3% year-over-year. These changes depict the company's profitability trends across different periods.
Operating Metrics
Examining the operating metrics, Softtech Engineers Ltd reported total expenses of ₹5.27 crore for Q3FY25. This figure signifies a significant reduction of 76.7% from ₹22.58 crore in Q2FY25 and a 70.5% decrease from ₹17.85 crore in Q3FY24. The substantial decline in expenses over both the quarter and year suggests a shift in the company's cost structure or operational strategy. Such a reduction in expenses could impact the overall financial performance and operating efficiency. These metrics provide insight into the company's operational adjustments and financial management practices over the specified periods.
