Vardhman Holdings Ltd's Q3FY25 Quarter Results
- 28 Jan 2025
Result Summary
- Vardhman Holdings Ltd reported a 10.8% 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 13.3%.
- Its expenses for the quarter were down by 44.4% QoQ and up 250.0% YoY.
- The net profit increased 33.2% QoQ and increased 858.6% YoY.
- The earnings per share (EPS) of Vardhman Holdings Ltd stood at 206 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 7.03 | 7.88 | 8.11 | -10.8% | -13.3% |
Total Expenses | 1.40 | 2.52 | 0.40 | -44.4% | 250.0% |
Profit Before Tax | 5.63 | 5.36 | 7.71 | 5.0% | -27.0% |
Tax | 0.57 | 12.71 | 0.85 | -95.5% | -32.9% |
Profit After Tax | 65.76 | 49.38 | 6.86 | 33.2% | 858.6% |
Earnings Per Share | 206.00 | 154.70 | 21.50 | 33.2% | 858.1% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Vardhman Holdings Ltd is a company whose main business activities, industry classification, and recent major developments are not provided in the given data. Generally, companies with the name "Vardhman" are often associated with sectors like textiles or financial services, but without specific information, it is unclear which exact industry Vardhman Holdings Ltd operates in. It is important to note that the absence of detailed business information limits the ability to provide a comprehensive overview of the company’s operations and strategic positioning.
Revenue
The financial data for Vardhman Holdings Ltd shows the total income for the third quarter of fiscal year 2025 (Q3FY25) as ₹7.03 crores. This represents a decrease of 10.8% compared to the previous quarter (Q2FY25), where the total income was ₹7.88 crores. Additionally, there is a year-over-year (YoY) decline of 13.3% when compared to the total income of ₹8.11 crores in the third quarter of fiscal year 2024 (Q3FY24). These figures reflect changes in the company's revenue generation over the specified periods, but without more context, the underlying causes of these changes remain unspecified.
Profitability
In terms of profitability, Vardhman Holdings Ltd reported a profit before tax of ₹5.63 crores in Q3FY25, showing a 5.0% increase over the previous quarter's profit before tax of ₹5.36 crores. However, there is a significant YoY decline of 27.0% from Q3FY24, when the profit before tax was ₹7.71 crores. The tax expenses have decreased dramatically by 95.5% QoQ, falling from ₹12.71 crores in Q2FY25 to ₹0.57 crores in Q3FY25, and have decreased by 32.9% YoY from ₹0.85 crores in Q3FY24. Consequently, the profit after tax in Q3FY25 is substantially higher at ₹65.76 crores, which is a 33.2% increase QoQ and an 858.6% increase YoY from ₹6.86 crores in Q3FY24, indicating a significant impact on net profitability.
Operating Metrics
Vardhman Holdings Ltd's financial performance in Q3FY25 is further highlighted through its earnings per share (EPS), which stands at ₹206.00, compared to ₹154.70 in Q2FY25, marking a 33.2% increase QoQ. The YoY growth in EPS is profound at 858.1%, rising from ₹21.50 in Q3FY24. The total expenses have decreased by 44.4% QoQ, from ₹2.52 crores in Q2FY25 to ₹1.40 crores in Q3FY25, but have increased by 250.0% YoY from ₹0.40 crores in Q3FY24. These changes in expenses and taxation appear to have a significant influence on the company's earnings and operating efficiency, as reflected in the increased EPS. However, without additional context on operational strategies or market conditions, the reasons behind these changes are not clearly discernible from the provided data.
