Zinka Logistics Solutions Ltd's Q3FY25 Quarter Results
- 06 Feb 2025
Result Summary
- Zinka Logistics Solutions Ltd reported a 18.1% 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 34.2%.
- Its expenses for the quarter were up by 1.5% QoQ and down 5.1% YoY.
- The net profit decreased 82.2% QoQ and increased 145.2% YoY.
- The earnings per share (EPS) of Zinka Logistics Solutions Ltd declined at 2.8 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 123.18 | 104.27 | 91.78 | 18.1% | 34.2% |
Total Expenses | 93.19 | 91.78 | 98.15 | 1.5% | -5.1% |
Profit Before Tax | -47.90 | -308.25 | -6.38 | -84.5% | 650.8% |
Tax | 0.13 | 0.13 | 0.10 | 0.0% | 30.0% |
Profit After Tax | -48.03 | -269.46 | -19.59 | -82.2% | 145.2% |
Earnings Per Share | -2.80 | -17.20 | -1.10 | -83.7% | 154.5% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Zinka Logistics Solutions Ltd, commonly known as BlackBuck, is a prominent player in the logistics and transportation industry. The company primarily focuses on providing technology-driven solutions for the trucking sector, facilitating efficient connections between truck owners and businesses that require transportation services. BlackBuck's platform is designed to streamline the process of freight matching, pricing, and transportation, addressing the complexities of the logistics value chain. As of the latest updates, the company has been expanding its digital freight network, enhancing its technology stack, and potentially exploring new markets and services to offer comprehensive logistics solutions.
Revenue
In Q3FY25, Zinka Logistics Solutions Ltd reported a total income of ₹123.18 crores, marking a substantial increase from the previous quarter's income of ₹104.27 crores, which represents an 18.1% quarter-over-quarter growth. Compared to the same quarter in the previous fiscal year (Q3FY24), there is a notable year-over-year increase of 34.2% from ₹91.78 crores. This growth trajectory highlights a positive trend in the company's ability to generate revenue over both the short and long term.
Profitability
The company reported a Profit Before Tax (PBT) of -₹47.90 crores in Q3FY25, showing a significant improvement from the -₹308.25 crores recorded in the previous quarter. This marks an 84.5% quarter-over-quarter improvement in PBT. When compared to the same quarter in the previous year, where the PBT was -₹6.38 crores, there is a 650.8% year-over-year change. The Profit After Tax (PAT) for the current quarter stands at -₹48.03 crores, which is also an improvement from the -₹269.46 crores in the previous quarter, indicating an 82.2% QoQ improvement. Year-over-year, the PAT has changed by 145.2% from -₹19.59 crores in Q3FY24. The Earnings Per Share (EPS) for Q3FY25 is reported at -₹2.80, showing a significant improvement from -₹17.20 in Q2FY25, a change of 83.7% QoQ. Compared to Q3FY24, where EPS was -₹1.10, there is a 154.5% YoY change.
Operating Metrics
For Q3FY25, the total expenses for Zinka Logistics Solutions Ltd were ₹93.19 crores. This represents a slight increase of 1.5% from the previous quarter's expenses of ₹91.78 crores. Comparing year-over-year, expenses decreased by 5.1% from ₹98.15 crores in Q3FY24. The tax expenses remained consistent at ₹0.13 crores compared to the previous quarter, with a slight increase from ₹0.10 crores in Q3FY24, reflecting a 30% YoY change. This consistency in tax expenses alongside the changes in other financial metrics provides a comprehensive view of the company's operating efficiency and financial health over the periods analyzed.
