Twenty First Century Management Services Ltd's Q3FY25 Quarter Results
- 08 Feb 2025
Result Summary
- Twenty First Century Management Services Ltd reported a 115.5% 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 113.1%.
- Its expenses for the quarter were down by 94.0% QoQ and up 5.4% YoY.
- The net profit decreased 254.4% QoQ and decreased 123.2% YoY.
- The earnings per share (EPS) of Twenty First Century Management Services Ltd declined at 3.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | -2.17 | 14.02 | 16.60 | -115.5% | -113.1% |
Total Expenses | 0.59 | 9.88 | 0.56 | -94.0% | 5.4% |
Profit Before Tax | -2.76 | 4.14 | 16.03 | -166.7% | -117.2% |
Tax | 0.96 | 1.73 | 0.00 | -44.5% | - |
Profit After Tax | -3.72 | 2.41 | 16.03 | -254.4% | -123.2% |
Earnings Per Share | -3.50 | 2.30 | 15.30 | -252.2% | -122.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Twenty First Century Management Services Ltd is a company operating in the financial services industry. The company primarily focuses on providing management services and investment solutions. However, specific details about the main products or services offered by the company, such as asset management or advisory services, are not explicitly available in this analysis. Additionally, there is no information available regarding any recent major developments or strategic initiatives undertaken by the company. The company’s financial performance for the quarter ending in Q3FY25 provides insights into its operational efficiency and profitability during this period, which will be analyzed in subsequent sections.
Revenue
For the quarter ending Q3FY25, Twenty First Century Management Services Ltd reported a total income of ₹-2.17 crores. This figure represents a significant decline when compared to both the previous quarter (Q2FY25), which recorded a total income of ₹14.02 crores, and the same quarter in the previous year (Q3FY24), where the total income was ₹16.60 crores. The quarter-over-quarter (QoQ) percentage change in total income is -115.5%, while the year-over-year (YoY) change is -113.1%. These figures indicate a substantial decrease in revenue generation capabilities compared to previous periods.
Profitability
The financial data indicates that the company experienced a loss in profitability during Q3FY25. The profit before tax (PBT) for the quarter was ₹-2.76 crores, compared to ₹4.14 crores in Q2FY25 and ₹16.03 crores in Q3FY24. This marks a QoQ decline of 166.7% and a YoY decrease of 117.2%. The tax expense for Q3FY25 was ₹0.96 crores, showing a reduction from ₹1.73 crores in the previous quarter. The profit after tax (PAT) for Q3FY25 was ₹-3.72 crores, contrasting with the profits in Q2FY25 and Q3FY24, which were ₹2.41 crores and ₹16.03 crores respectively. The earnings per share (EPS) for Q3FY25 was ₹-3.50, also reflecting a decrease from previous quarters. These figures highlight a period of financial loss for the company.
Operating Metrics
The total expenses for Twenty First Century Management Services Ltd in Q3FY25 were ₹0.59 crores, which is a significant reduction from ₹9.88 crores in Q2FY25 but slightly higher than ₹0.56 crores in Q3FY24. The QoQ percentage change in total expenses was -94.0%, while the YoY change was 5.4%. This indicates a major reduction in operating expenses from the previous quarter. The observed trends in expenses, alongside the revenue and profitability metrics, provide a comprehensive view of the company's financial performance in terms of cost management and operational effectiveness during the quarter.
