Suvidhaa Infoserve Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Suvidhaa Infoserve Ltd reported a 60.7% 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 37.9%.
- Its expenses for the quarter were down by 38.4% QoQ and 36.0% YoY.
- The net profit decreased 18.0% QoQ and decreased 35.2% YoY.
- The earnings per share (EPS) of Suvidhaa Infoserve Ltd declined at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 1.39 | 3.54 | 2.24 | -60.7% | -37.9% |
Total Expenses | 4.58 | 7.43 | 7.16 | -38.4% | -36.0% |
Profit Before Tax | -3.19 | -3.89 | -4.92 | -18.0% | -35.2% |
Tax | 0.00 | 0.00 | 0.00 | - | - |
Profit After Tax | -3.19 | -3.89 | -4.92 | -18.0% | -35.2% |
Earnings Per Share | -0.10 | -0.20 | -0.20 | -50.0% | -50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Suvidhaa Infoserve Ltd is a company engaged in the business of providing payment solutions and services. It primarily operates in the financial technology space, offering services such as digital payment solutions, mobile recharges, bill payments, and travel bookings, among others. The company is positioned within the industry to leverage the growing demand for digital financial services. However, there is no specific information available in the provided data about any recent major developments or changes within the company.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Suvidhaa Infoserve Ltd reported a total income of ₹1.39 crores. This represents a significant decline when compared to the previous quarter (Q2FY25), which recorded a total income of ₹3.54 crores, reflecting a quarter-over-quarter (QoQ) decrease of 60.7%. Additionally, when compared to the corresponding quarter of the previous fiscal year (Q3FY24), where the total income was ₹2.24 crores, there is a year-over-year (YoY) decline of 37.9%. These figures indicate a consistent decrease in revenue generation over both the quarterly and yearly periods.
Profitability
For Q3FY25, the company incurred a loss before tax of ₹3.19 crores. This marks an improvement from the loss of ₹3.89 crores recorded in Q2FY25, showing an 18.0% reduction in losses on a QoQ basis. Compared to Q3FY24, which had a loss before tax of ₹4.92 crores, there is a YoY improvement of 35.2%. The company did not incur any tax expenses during these periods, resulting in a profit after tax figure that mirrors the profit before tax values. Despite ongoing losses, the reduction in loss over time is notable.
Operating Metrics
The earnings per share (EPS) for Q3FY25 stood at -₹0.10, reflecting a 50.0% improvement from the previous quarter's EPS of -₹0.20. This is consistent with the EPS reported in Q3FY24, which also was -₹0.20, showing a similar YoY improvement of 50.0%. This decline in negative earnings per share suggests a relative stabilization in the company's operations. Total expenses for Q3FY25 were ₹4.58 crores, down from ₹7.43 crores in Q2FY25, representing a 38.4% QoQ decrease, and also showing a reduction from the ₹7.16 crores in Q3FY24, marking a 36.0% YoY decrease. The reduced expenses over both periods may be a contributing factor to the improved profitability metrics.
