Touchwood Entertainment Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Touchwood Entertainment Ltd reported a 814.2% 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 growth of 415.9%.
- Its expenses for the quarter were up by 802.0% QoQ and 458.0% YoY.
- The net profit increased 948.4% QoQ and increased 198.2% YoY.
- The earnings per share (EPS) of Touchwood Entertainment Ltd stood at 2.9 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 36.11 | 3.95 | 7.00 | 814.2% | 415.9% |
Total Expenses | 31.75 | 3.52 | 5.69 | 802.0% | 458.0% |
Profit Before Tax | 4.35 | 0.43 | 1.31 | 911.6% | 232.1% |
Tax | 1.11 | 0.12 | 0.22 | 825.0% | 404.5% |
Profit After Tax | 3.25 | 0.31 | 1.09 | 948.4% | 198.2% |
Earnings Per Share | 2.90 | 0.30 | 1.00 | 866.7% | 190.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Touchwood Entertainment Ltd is a company operating in the entertainment sector, primarily focusing on event management and related services. The company is involved in organizing weddings, corporate events, and social gatherings, offering a range of services from planning to execution. As of the latest available information, Touchwood Entertainment Ltd has been actively enhancing its service portfolio to cater to a diverse clientele, leveraging its expertise in the entertainment and event management industry. Specific recent developments or strategic initiatives undertaken by the company are not available, but the significant growth in financial metrics might suggest operational or strategic changes during the period under review.
Revenue
For the quarter ending Q3FY25, Touchwood Entertainment Ltd reported a total income of ₹36.11 crores. This marks a significant increase in revenue compared to the previous quarter (Q2FY25), where the total income was ₹3.95 crores, reflecting a quarter-over-quarter (QoQ) growth of 814.2%. Compared to the same quarter in the previous fiscal year (Q3FY24), where the total income was ₹7.00 crores, the year-over-year (YoY) growth stands at 415.9%. Such a substantial increase in revenue indicates a strong performance in this quarter, highlighting the company's ability to scale its operations effectively.
Profitability
The profitability of Touchwood Entertainment Ltd has also seen remarkable growth in Q3FY25. The company reported a profit before tax of ₹4.35 crores, up from ₹0.43 crores in Q2FY25, with a QoQ increase of 911.6%. When compared to Q3FY24, where the profit before tax was ₹1.31 crores, the YoY growth is 232.1%. The profit after tax for Q3FY25 is ₹3.25 crores, an increase from ₹0.31 crores in Q2FY25, showing a QoQ growth of 948.4%. Compared to the previous year (Q3FY24) profit after tax of ₹1.09 crores, the YoY growth is 198.2%. The earnings per share (EPS) for Q3FY25 is ₹2.90, which has increased from ₹0.30 in Q2FY25, reflecting an 866.7% QoQ increase, and from ₹1.00 in Q3FY24, showing a 190.0% YoY increase.
Operating Metrics
Total expenses for Touchwood Entertainment Ltd in Q3FY25 amounted to ₹31.75 crores, an increase from ₹3.52 crores in Q2FY25, representing a QoQ growth of 802.0%. In comparison to Q3FY24, when total expenses were ₹5.69 crores, the YoY growth is 458.0%. The tax expense for Q3FY25 is ₹1.11 crores, up from ₹0.12 crores in Q2FY25, which is an 825.0% QoQ increase, and from ₹0.22 crores in Q3FY24, which is a 404.5% YoY increase. These figures suggest that the company has managed to significantly expand its operations, resulting in increased revenue and profitability, despite the corresponding rise in expenses.
