The Investment Trust of India Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- The Investment Trust of India Ltd reported a 37.4% 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 0.5%.
- Its expenses for the quarter were down by 36.0% QoQ and 4.3% YoY.
- The net profit decreased 71.9% QoQ and decreased 7.0% YoY.
- The earnings per share (EPS) of The Investment Trust of India Ltd stood at 0.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 74.15 | 118.48 | 73.81 | -37.4% | 0.5% |
Total Expenses | 63.30 | 98.97 | 66.16 | -36.0% | -4.3% |
Profit Before Tax | 10.84 | 19.50 | 7.66 | -44.4% | 41.5% |
Tax | 7.31 | 4.61 | 2.01 | 58.6% | 263.7% |
Profit After Tax | 5.74 | 20.42 | 6.17 | -71.9% | -7.0% |
Earnings Per Share | 0.80 | 3.90 | 1.10 | -79.5% | -27.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
The Investment Trust of India Ltd is a financial services company operating in the financial sector. The company is engaged in providing a range of financial services which may include investment banking, asset management, wealth management, and other related financial services. The specifics regarding its main products or services, and any recent developments, are not available in the provided data. However, companies in this sector typically focus on managing financial assets and providing advisory services to individual and institutional clients.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), The Investment Trust of India Ltd reported a total income of ₹74.15 crores. This represents a quarter-over-quarter (QoQ) decline of 37.4% from ₹118.48 crores in Q2FY25. On a year-over-year (YoY) basis, there was a marginal increase of 0.5% from ₹73.81 crores in Q3FY24. The data highlights a significant decrease in income compared to the previous quarter, yet a slight increase compared to the same quarter in the previous year.
Profitability
The company's profit before tax for Q3FY25 was ₹10.84 crores, showing a decrease of 44.4% from ₹19.50 crores in the previous quarter (Q2FY25). However, this is an increase of 41.5% compared to Q3FY24, where the profit before tax was ₹7.66 crores. Tax expenses for Q3FY25 were ₹7.31 crores, increasing by 58.6% from Q2FY25 and by 263.7% from Q3FY24. The profit after tax for the quarter stood at ₹5.74 crores, a decrease of 71.9% from the previous quarter and a decrease of 7.0% from the previous year. Earnings per share (EPS) for Q3FY25 was ₹0.80, down from ₹3.90 in Q2FY25 and from ₹1.10 in Q3FY24.
Operating Metrics
The total expenses for The Investment Trust of India Ltd in Q3FY25 amounted to ₹63.30 crores. This reflects a decrease of 36.0% from ₹98.97 crores in Q2FY25 and a decrease of 4.3% compared to ₹66.16 crores in Q3FY24. The company managed to reduce its expenses significantly on a quarterly basis, although the year-over-year reduction was more modest. The operating performance, as reflected in these expenses, indicates a notable reduction in costs compared to the previous quarter.
