Spacenet Enterprises India Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Spacenet Enterprises India Ltd reported a 13.9% 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 growth of 31.6%.
- Its expenses for the quarter were down by 9.2% QoQ and up 45.3% YoY.
- The net profit decreased 63.9% QoQ and decreased 66.3% YoY.
- The earnings per share (EPS) of Spacenet Enterprises India Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 38.85 | 45.12 | 29.53 | -13.9% | 31.6% |
Total Expenses | 37.47 | 41.26 | 25.79 | -9.2% | 45.3% |
Profit Before Tax | 1.38 | 3.86 | 3.74 | -64.2% | -63.1% |
Tax | 0.12 | 0.38 | 0.00 | -68.4% | - |
Profit After Tax | 1.26 | 3.49 | 3.74 | -63.9% | -66.3% |
Earnings Per Share | 0.00 | 0.10 | 0.10 | -100.0% | -100.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Spacenet Enterprises India Ltd is a company operating within the technology and communication industry. As of the latest information available, the company is engaged in offering services that aim to enhance connectivity and communication solutions. However, specific details about the company's main products, services, or any recent major developments are not provided in the current dataset. Without additional context from external sources, further specifics about their strategic initiatives or market position remain unspecified.
Revenue
In Q3FY25, Spacenet Enterprises India Ltd reported a total income of ₹38.85 crores. This represents a decrease of 13.9% compared to the previous quarter, Q2FY25, where the total income was ₹45.12 crores. Despite the quarter-over-quarter decline, there is a substantial year-over-year increase of 31.6% from Q3FY24, when the total income was ₹29.53 crores. These figures highlight the fluctuations in revenue generation over different periods, with the latest quarter showing a reduction compared to the immediate prior quarter but growth over the same quarter last year.
Profitability
The profitability metrics for Spacenet Enterprises India Ltd demonstrate significant variations. The company recorded a Profit Before Tax (PBT) of ₹1.38 crores in Q3FY25, which is a notable decrease of 64.2% from Q2FY25's PBT of ₹3.86 crores and a 63.1% decrease from Q3FY24's PBT of ₹3.74 crores. Profit After Tax (PAT) also followed a similar downward trend, amounting to ₹1.26 crores in Q3FY25, down 63.9% from ₹3.49 crores in Q2FY25 and 66.3% from ₹3.74 crores in Q3FY24. The company’s Earnings Per Share (EPS) dropped to ₹0.00 in Q3FY25, a 100% decline from ₹0.10 in both Q2FY25 and Q3FY24. This data reflects a marked decrease in profitability across the board when comparing both quarterly and yearly metrics.
Operating Metrics
The operating metrics for Spacenet Enterprises India Ltd reveal a decrease in total expenses to ₹37.47 crores in Q3FY25, down from ₹41.26 crores in Q2FY25, representing a 9.2% quarter-over-quarter reduction. Year-over-year, however, total expenses increased by 45.3% from ₹25.79 crores in Q3FY24. The tax expenses similarly decreased to ₹0.12 crores in Q3FY25, a reduction of 68.4% from the previous quarter's ₹0.38 crores. These operating indicators highlight the variations in cost management and tax liabilities over the analyzed periods. The variations in these metrics provide insight into the company's operational scale and financial efficiency across different reporting timelines.
