Vedant Fashions Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Vedant Fashions Ltd reported a 85.8% 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 8.9%.
- Its expenses for the quarter were up by 63.6% QoQ and 15.9% YoY.
- The net profit increased 136.1% QoQ and increased 0.2% YoY.
- The earnings per share (EPS) of Vedant Fashions Ltd stood at 6.5 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 533.67 | 287.19 | 489.92 | 85.8% | 8.9% |
Total Expenses | 322.16 | 196.97 | 278.02 | 63.6% | 15.9% |
Profit Before Tax | 211.51 | 90.22 | 211.91 | 134.4% | -0.2% |
Tax | 53.54 | 23.32 | 54.20 | 129.6% | -1.2% |
Profit After Tax | 157.98 | 66.90 | 157.71 | 136.1% | 0.2% |
Earnings Per Share | 6.50 | 2.80 | 6.50 | 132.1% | 0.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Vedant Fashions Ltd is a prominent player in the fashion industry. The company is known for its various fashion apparel products, catering to a broad market segment. Although specific recent developments are not detailed in the provided information, Vedant Fashions Ltd has carved a niche in the fashion sector, leveraging a diverse product line. The company typically engages in producing and retailing fashion goods, which might include a range of clothing and accessories aimed at different demographics. This report will analyze the company's financial performance over the most recent quarter and compare it with the prior quarter and the same quarter last fiscal year.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Vedant Fashions Ltd reported a total income of ₹533.67 crores. This figure marks a significant increase of 85.8% quarter-over-quarter (QoQ) from the ₹287.19 crores recorded in the second quarter of the fiscal year 2025 (Q2FY25). Year-over-year (YoY), the total income grew by 8.9% compared to the ₹489.92 crores reported in the third quarter of the fiscal year 2024 (Q3FY24). The substantial QoQ growth suggests a strong upward trend in the company's revenue generation capability during this period. The YoY comparison indicates a robust performance, maintaining growth despite any potential market challenges.
Profitability
Vedant Fashions Ltd's profitability in Q3FY25 is reflected in its profit before tax of ₹211.51 crores. This represents a significant QoQ increase of 134.4% from ₹90.22 crores in Q2FY25. However, the YoY comparison shows a slight decrease of 0.2% from ₹211.91 crores in Q3FY24. The company's tax expenses for Q3FY25 were ₹53.54 crores, up 129.6% QoQ and slightly down 1.2% YoY. Consequently, the profit after tax stood at ₹157.98 crores, marking a 136.1% QoQ rise from ₹66.90 crores in Q2FY25 and a marginal increase of 0.2% YoY from ₹157.71 crores in Q3FY24. The earnings per share remained consistent YoY at ₹6.50, while it rose by 132.1% QoQ from ₹2.80 in Q2FY25.
Operating Metrics
The company's total expenses for Q3FY25 were reported at ₹322.16 crores, which is a 63.6% increase QoQ from ₹196.97 crores in Q2FY25, and a 15.9% increase YoY from ₹278.02 crores in Q3FY24. This rise in expenses coincides with the increased total income, reflecting the company's operational scaling during the quarter. The company's ability to maintain a stable profit margin despite elevated expenses is noteworthy. These financial metrics indicate how the company managed its operational costs relative to revenue growth over the analyzed periods.
