TransIndia Real Estate Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- TransIndia Real Estate Ltd reported a 1.3% 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 31.4%.
- Its expenses for the quarter were up by 0.5% QoQ and down 14.6% YoY.
- The net profit increased 33.2% QoQ and increased 29.3% YoY.
- The earnings per share (EPS) of TransIndia Real Estate Ltd stood at 0.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 26.37 | 26.04 | 38.43 | 1.3% | -31.4% |
Total Expenses | 13.29 | 13.22 | 15.57 | 0.5% | -14.6% |
Profit Before Tax | 13.08 | 12.82 | 5.54 | 2.0% | 136.1% |
Tax | 4.29 | 6.22 | 1.32 | -31.0% | 225.0% |
Profit After Tax | 8.79 | 6.60 | 6.80 | 33.2% | 29.3% |
Earnings Per Share | 0.40 | 0.30 | 0.30 | 33.3% | 33.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
TransIndia Real Estate Ltd is a prominent player in the real estate industry, primarily involved in the development, leasing, and sale of residential, commercial, and industrial properties in India. The company is known for its extensive portfolio of premium properties and has been actively involved in various real estate projects across major cities. Due to the nature of the real estate sector, TransIndia Real Estate Ltd deals with significant investments and capital allocations, reflecting the cyclical nature of the industry. As of the most recent data, specific recent major developments or strategic changes within the company are not available. However, the company operates in an industry characterized by economic fluctuations, regulatory changes, and varying consumer demands, which are critical to its operations.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), TransIndia Real Estate Ltd reported a total income of ₹26.37 crores. This represents a quarter-over-quarter (QoQ) increase of 1.3% compared to the ₹26.04 crores recorded in the second quarter of fiscal year 2025 (Q2FY25). However, the year-over-year (YoY) comparison shows a significant decline of 31.4% from the ₹38.43 crores earned in the third quarter of fiscal year 2024 (Q3FY24). The revenue figures indicate variations that may be attributable to market dynamics or company-specific factors, but the precise reasons are not delineated in the available data.
Profitability
TransIndia Real Estate Ltd's profitability in Q3FY25 showed a marked improvement in certain metrics. The company reported a profit before tax (PBT) of ₹13.08 crores, which is a 2.0% increase from the ₹12.82 crores in Q2FY25 and an impressive 136.1% increase from the ₹5.54 crores in Q3FY24. The tax expense for Q3FY25 was ₹4.29 crores, a decrease of 31.0% from the previous quarter's ₹6.22 crores, yet a notable increase of 225.0% from the ₹1.32 crores in Q3FY24. Profit after tax (PAT) stood at ₹8.79 crores, reflecting a 33.2% rise from Q2FY25's ₹6.60 crores and a 29.3% increase from Q3FY24's ₹6.80 crores. Earnings per share (EPS) in Q3FY25 was ₹0.40, up by 33.3% both QoQ and YoY from the previous values of ₹0.30.
Operating Metrics
The company's total expenses in Q3FY25 amounted to ₹13.29 crores, slightly up by 0.5% from the ₹13.22 crores reported in Q2FY25, and down by 14.6% from the ₹15.57 crores recorded in Q3FY24. This suggests a controlled expense management approach in the face of fluctuating income. The data indicates an ongoing effort to align expenses with revenue trends, though specific operational efficiencies or strategic initiatives are not explicitly mentioned. The key financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio cannot be calculated without additional data. However, the financial metrics presented offer insight into the company's operational scale and financial health for the given periods.
