Suratwwala Business Group Ltd's Q3FY25 Quarter Results
- 05 Feb 2025
Result Summary
- Suratwwala Business Group Ltd reported a 56.9% 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 decline of 76.6%.
- Its expenses for the quarter were up by 112.3% QoQ and down 51.8% YoY.
- The net profit decreased 13.6% QoQ and decreased 97.1% YoY.
- The earnings per share (EPS) of Suratwwala Business Group Ltd - at - during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 3.86 | 2.46 | 16.53 | 56.9% | -76.6% |
Total Expenses | 3.63 | 1.71 | 7.53 | 112.3% | -51.8% |
Profit Before Tax | 0.23 | 0.75 | 9.01 | -69.3% | -97.4% |
Tax | 0.05 | 0.53 | 2.47 | -90.6% | -98.0% |
Profit After Tax | 0.19 | 0.22 | 6.54 | -13.6% | -97.1% |
Earnings Per Share | 0.00 | 0.00 | 3.80 | - | -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
Suratwwala Business Group Ltd is a company engaged in the real estate sector, focusing on the development of residential and commercial real estate projects. The company is known for delivering quality infrastructure and real estate solutions. As of the latest available data, there are no specific recent major developments mentioned about the company. The company operates in an industry that typically experiences cyclical trends influenced by economic conditions, interest rates, and regulatory changes. However, detailed information on its recent strategic initiatives or market position is not provided in the current dataset.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Suratwwala Business Group Ltd reported a total income of ₹3.86 crores. This marks a significant increase of 56.9% compared to the second quarter of fiscal year 2025 (Q2FY25), which recorded a total income of ₹2.46 crores. However, when compared year-over-year with the third quarter of fiscal year 2024 (Q3FY24), there is a substantial decrease of 76.6%, as the total income during that period was ₹16.53 crores. The total income's fluctuation indicates considerable changes over both quarters and years, as evidenced by the data provided.
Profitability
The profit before tax for Q3FY25 stood at ₹0.23 crores, which represents a decline of 69.3% from the previous quarter (Q2FY25), where it was ₹0.75 crores. Year-over-year, the decline is even more pronounced at 97.4%, given that Q3FY24 recorded a profit before tax of ₹9.01 crores. After accounting for taxes, the profit after tax in Q3FY25 was ₹0.19 crores, a decrease of 13.6% from Q2FY25's ₹0.22 crores, and a significant drop of 97.1% from ₹6.54 crores in Q3FY24. The earnings per share for Q3FY25 are noted to be ₹0.00, consistent with Q2FY25, but showing a complete drop from ₹3.80 in Q3FY24, reflecting the company's profitability challenges over the year.
Operating Metrics
The total expenses for Suratwwala Business Group Ltd in Q3FY25 were recorded at ₹3.63 crores, which reflects a significant increase of 112.3% from Q2FY25's ₹1.71 crores. Compared to Q3FY24, however, there is a decrease of 51.8%, as the expenses then were ₹7.53 crores. The tax expense in Q3FY25 was ₹0.05 crores, showing a substantial decrease of 90.6% from the previous quarter's ₹0.53 crores, and a decrease of 98.0% from Q3FY24's ₹2.47 crores. These figures suggest notable variability in operating costs and tax obligations over the observed periods, as indicated by the financial data provided.
