Ventive Hospitality Ltd's Q3FY25 Quarter Results
- 13 Feb 2025
Result Summary
- Ventive Hospitality Ltd reported a 23.9% 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 33.0%.
- Its expenses for the quarter were up by 17.5% QoQ and 60.2% YoY.
- The net profit increased 41.8% QoQ and decreased 32.0% YoY.
- The earnings per share (EPS) of Ventive Hospitality Ltd stood at 1.4 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 177.01 | 142.82 | 133.14 | 23.9% | 33.0% |
Total Expenses | 121.50 | 103.43 | 75.85 | 17.5% | 60.2% |
Profit Before Tax | 49.40 | 39.39 | 57.30 | 25.4% | -13.8% |
Tax | 20.02 | 18.65 | 14.05 | 7.3% | 42.5% |
Profit After Tax | 29.39 | 20.73 | 43.25 | 41.8% | -32.0% |
Earnings Per Share | 1.40 | 1.30 | 4.10 | 7.7% | -65.9% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Ventive Hospitality Ltd is a company operating in the hospitality industry. The company's main focus is likely to be on providing services related to accommodations, food, and beverage, catering to both individual and corporate clients. As a player in the hospitality sector, Ventive Hospitality Ltd may be involved in managing hotels, resorts, and possibly event planning services. However, specific details about the company's flagship brands, geographical reach, or recent strategic developments are not available from the provided data.
Revenue
In the third quarter of fiscal year 2025 (Q3FY25), Ventive Hospitality Ltd reported a total income of ₹177.01 crores. This reflects a 23.9% increase from the previous quarter (Q2FY25), where the total income was ₹142.82 crores. When compared to the same quarter in the previous year (Q3FY24), the total income increased by 33.0%, up from ₹133.14 crores. This quarterly and annual growth in revenue suggests significant changes in the company's income generation capabilities over the past year.
Profitability
For Q3FY25, Ventive Hospitality Ltd recorded a profit before tax of ₹49.40 crores, representing a 25.4% increase from Q2FY25 where the profit before tax was ₹39.39 crores. However, this figure represents a decrease of 13.8% compared to Q3FY24, which had a profit before tax of ₹57.30 crores. The tax expense for Q3FY25 stood at ₹20.02 crores, marking a 7.3% increase from Q2FY25 and a 42.5% increase from Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹29.39 crores, up by 41.8% from the previous quarter but down by 32.0% from the same quarter last year. Earnings per share (EPS) for Q3FY25 were reported at ₹1.40, which is a 7.7% increase quarter-over-quarter but a 65.9% decrease year-over-year compared to Q3FY24.
Operating Metrics
Total expenses for Ventive Hospitality Ltd in Q3FY25 amounted to ₹121.50 crores, which is a 17.5% increase from Q2FY25's expenses of ₹103.43 crores. Compared to Q3FY24, where the total expenses were ₹75.85 crores, this represents a 60.2% increase. The rise in expenses is considerable both on a quarter-over-quarter and year-over-year basis, indicating changes in the company's operational cost structure. Despite these increases, the company has managed to improve its profit before tax from the previous quarter, although profits have decreased compared to the same period last year. The financial performance in terms of profitability has shown mixed results, with notable variations in profitability metrics over different periods.
