Yaari Digital Integrated Services Ltd's Q3FY25 Quarter Results
- 13 Jan 2025
Result Summary
- Yaari Digital Integrated Services Ltd reported a - quarter-on-quarter (QoQ) - in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 100.0%.
- Its expenses for the quarter were down by 0.9% QoQ and 11.2% YoY.
- The net profit decreased 1.1% QoQ and increased 51.0% YoY.
- The earnings per share (EPS) of Yaari Digital Integrated Services Ltd declined at 0.6 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 0.00 | 0.00 | 2.57 | - | -100.0% |
Total Expenses | 5.54 | 5.59 | 6.24 | -0.9% | -11.2% |
Profit Before Tax | -5.54 | -5.59 | -3.67 | -0.9% | 51.0% |
Tax | 0.00 | 0.01 | 0.00 | -100.0% | - |
Profit After Tax | -5.54 | -5.60 | -3.67 | -1.1% | 51.0% |
Earnings Per Share | -0.60 | -0.60 | -0.40 | 0.0% | 50.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Yaari Digital Integrated Services Ltd is a prominent player in the digital services industry. The company focuses on providing a wide array of digital services tailored to the specific needs of their clients. The company's operations span several key sectors, including digital transformation, integration, and automation, among others. Despite some recent challenges, the company has been able to maintain a steady course of action, continuously seeking ways to improve its service offerings and overall business performance. As with other companies operating in this dynamic industry, Yaari Digital Integrated Services Ltd faces intense competition and rapidly changing technological landscapes.
Revenue
The company's total income in Q3FY25 was recorded at ₹0.00 crores, compared to ₹2.57 crores in Q3FY24. This represents a 100% year-on-year decrease. The total income also remained flat when compared to the preceding quarter (Q2FY25), which also recorded a total income of ₹0.00 crores. This suggests that the company has not been able to generate any income during the last two quarters.
Profitability
Profitability indicators show a similar trend. The Profit Before Tax (PBT) value for Q3FY25 was -₹5.54 crores, indicating a loss. Comparatively, in Q3FY24, the PBT was -₹3.67 crores. This marks a significant increase in losses by 51.0% YoY. On a quarter-on-quarter basis, there was a minor decrease in losses of 0.9% from Q2FY25 (PBT of -₹5.59 crores). The Profit After Tax (PAT) followed a similar trend, with a YoY increase in loss of 51.0% and a QoQ decrease in loss of 1.1%. The Earnings Per Share (EPS) for Q3FY25 was -₹0.60, showing no change from Q2FY25 and a 50% YoY increase from -₹0.40 in Q3FY24.
Operating Metrics
The total expenses for Q3FY25 stood at ₹5.54 crores, a decrease of 11.2% YoY from ₹6.24 crores in Q3FY24. Additionally, there was a minor QoQ decrease of 0.9% from ₹5.59 crores in Q2FY25. These figures suggest that the company has managed to marginally reduce its operational costs over the past year and quarter. However, the lack of income generation has led to negative earnings and increased losses. It is essential to note that these figures represent only a snapshot of the company's financial performance and should be viewed in conjunction with other comprehensive financial data for a more holistic understanding of the company's financial health.
