Adroit Infotech Ltd's Q3FY25 Quarter Results
- 23 Jan 2025
Result Summary
- Adroit Infotech Ltd reported a 8.2% 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 12.1%.
- Its expenses for the quarter were up by 5.7% QoQ and 41.4% YoY.
- The net profit increased 20.0% QoQ and decreased 65.6% YoY.
- The earnings per share (EPS) of Adroit Infotech Ltd stood at 0.2 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 7.96 | 7.36 | 7.10 | 8.2% | 12.1% |
Total Expenses | 7.24 | 6.85 | 5.12 | 5.7% | 41.4% |
Profit Before Tax | 0.72 | 0.51 | 1.98 | 41.2% | -63.6% |
Tax | 0.18 | 0.06 | 0.41 | 200.0% | -56.1% |
Profit After Tax | 0.54 | 0.45 | 1.57 | 20.0% | -65.6% |
Earnings Per Share | 0.20 | 0.10 | 0.70 | 100.0% | -71.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Adroit Infotech Ltd is a technology company operating in the IT and software services industry. The company primarily focuses on providing IT solutions, software development, and consulting services. Known for its expertise in delivering customized software products, Adroit Infotech Ltd serves a diverse clientele across various sectors. As of the latest available data, there have been no major recent developments or announcements from the company.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Adroit Infotech Ltd reported a total income of ₹7.96 crores. This marks an increase of 8.2% compared to the previous quarter (Q2FY25), where the total income stood at ₹7.36 crores. Year-over-year (YoY), there was a 12.1% growth from the ₹7.10 crores reported in the same quarter of the previous year (Q3FY24). The consistent rise in total income over both quarterly and yearly comparisons highlights the company's ability to enhance its revenue streams.
Profitability
Adroit Infotech Ltd's profitability metrics for Q3FY25 indicate a profit before tax of ₹0.72 crores, reflecting a 41.2% increase from ₹0.51 crores in Q2FY25. However, when compared to the previous year, there is a significant decrease of 63.6% from ₹1.98 crores in Q3FY24. The tax expense for Q3FY25 was ₹0.18 crores, which is a 200% rise from the previous quarter (Q2FY25) and a 56.1% decrease from Q3FY24. Consequently, profit after tax for Q3FY25 was ₹0.54 crores, increasing 20.0% from ₹0.45 crores in Q2FY25, but showing a decline of 65.6% from ₹1.57 crores in Q3FY24. Earnings per share for Q3FY25 were ₹0.20, doubling from ₹0.10 in the prior quarter, yet decreasing 71.4% from ₹0.70 in Q3FY24.
Operating Metrics
The total expenses for Adroit Infotech Ltd in Q3FY25 amounted to ₹7.24 crores, representing a 5.7% increase from ₹6.85 crores in Q2FY25. On a year-over-year basis, total expenses increased significantly by 41.4% from ₹5.12 crores in Q3FY24. The rise in expenses both quarterly and annually suggests a higher cost structure. The company's operating performance, as derived from the profit before tax and expenses, indicates fluctuating trends in profitability when compared to both the previous quarter and the same quarter of the prior year.
