Transworld Shipping Lines Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Transworld Shipping Lines Ltd reported a 6.4% 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 59.4%.
- Its expenses for the quarter were down by 1.9% QoQ and up 10.4% YoY.
- The net profit decreased 28.1% QoQ and decreased 178.5% YoY.
- The earnings per share (EPS) of Transworld Shipping Lines Ltd stood at 7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 118.52 | 126.60 | 74.34 | -6.4% | 59.4% |
Total Expenses | 102.71 | 104.70 | 93.06 | -1.9% | 10.4% |
Profit Before Tax | 15.81 | 21.90 | -18.72 | -27.8% | -184.5% |
Tax | 0.52 | 0.63 | 0.76 | -17.5% | -31.6% |
Profit After Tax | 15.29 | 21.28 | -19.48 | -28.1% | -178.5% |
Earnings Per Share | 7.00 | 9.70 | -8.90 | -27.8% | -178.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Transworld Shipping Lines Ltd is a company involved in the shipping and logistics sector. As a significant player in the shipping industry, it provides various logistics solutions, including cargo transport and freight forwarding services. The company operates in a highly competitive environment characterized by global trade dynamics and fluctuating demand patterns. Major developments in the industry can often include changes in regulations, technological advancements, and shifts in consumer demand. However, specific recent major developments relating to Transworld Shipping Lines Ltd are not available within the provided data.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Transworld Shipping Lines Ltd reported a total income of ₹118.52 crores. This represents a sequential decrease of 6.4% compared to the previous quarter (Q2FY25), where the total income was ₹126.60 crores. Despite the quarter-over-quarter decline, the company experienced a substantial year-over-year increase of 59.4% in total income compared to ₹74.34 crores in Q3FY24. This significant year-over-year growth highlights a strong expansion in revenue generation capacity over the past year.
Profitability
For Q3FY25, Transworld Shipping Lines Ltd recorded a profit before tax of ₹15.81 crores, which marks a decrease of 27.8% from the previous quarter's ₹21.90 crores. When compared to the same quarter last year (Q3FY24), where the company reported a loss before tax of ₹-18.72 crores, the profitability shows a remarkable improvement. The profit after tax for Q3FY25 was ₹15.29 crores, down from ₹21.28 crores in Q2FY25, but significantly up from a loss of ₹-19.48 crores in Q3FY24. Earnings per share (EPS) for Q3FY25 was ₹7.00, reflecting a decline from ₹9.70 in Q2FY25, yet a notable improvement from a negative earnings per share of ₹-8.90 in Q3FY24.
Operating Metrics
The company's total expenses in Q3FY25 were ₹102.71 crores, showing a slight decrease of 1.9% from the previous quarter's expenses of ₹104.70 crores. Year-over-year, the total expenses increased by 10.4% from ₹93.06 crores in Q3FY24. The reduction in expenses on a quarterly basis, alongside a vast increase in income, showcases operational adjustments. Tax expenses for the quarter were ₹0.52 crores, down by 17.5% from ₹0.63 crores in Q2FY25 and down by 31.6% from ₹0.76 crores in Q3FY24. These variations in expenses and tax obligations reflect changes in the company’s operational cost structure and efficiency measures over the comparative periods.
