AGS Transact Technologies Ltd's Q3FY25 Quarter Results
- 16 Feb 2025
Result Summary
- AGS Transact Technologies Ltd reported a 42.0% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 44.4%.
- Its expenses for the quarter were up by 33.9% QoQ and 14.4% YoY.
- The net profit decreased 1380.6% QoQ and increased 1163.1% YoY.
- The earnings per share (EPS) of AGS Transact Technologies Ltd declined at 16 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 213.51 | 368.12 | 384.02 | -42.0% | -44.4% |
Total Expenses | 465.33 | 347.40 | 406.77 | 33.9% | 14.4% |
Profit Before Tax | -251.83 | 20.72 | -22.75 | -1315.4% | 1006.9% |
Tax | -57.56 | 5.55 | -7.37 | -1137.1% | 681.0% |
Profit After Tax | -194.26 | 15.17 | -15.38 | -1380.6% | 1163.1% |
Earnings Per Share | -16.00 | 1.20 | -1.30 | -1433.3% | 1130.8% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
AGS Transact Technologies Ltd is a prominent player in the technology sector, specializing in providing end-to-end payment solutions. The company operates primarily in the payment technology industry, offering a range of services including ATM outsourcing and managed services, cash management services, and digital payment solutions. AGS Transact Technologies is known for its integrated payment solutions that cater to a diverse clientele, including banks, financial institutions, and retail businesses. The company strives to enhance transaction efficiency and security through its innovative technology offerings. As of the latest available data, there are no specific recent developments that can be confirmed.
Revenue
In Q3FY25, AGS Transact Technologies Ltd reported a total income of ₹213.51 crores, a significant decrease of 42.0% from the previous quarter (Q2FY25) where the total income was ₹368.12 crores. When compared year-over-year, the total income also shows a decline of 44.4% from ₹384.02 crores in Q3FY24. This trend indicates a notable reduction in revenue generation over both the quarterly and annual periods.
Profitability
The profitability metrics for AGS Transact Technologies Ltd demonstrate a challenging financial performance in Q3FY25. The company reported a Profit Before Tax (PBT) of -₹251.83 crores, a drastic downturn compared to a positive PBT of ₹20.72 crores in Q2FY25, reflecting a QoQ change of -1315.4%. Year-over-year, the PBT shows a significant decline from -₹22.75 crores in Q3FY24, marking a YoY change of 1006.9%. The Profit After Tax (PAT) also reflects a substantial negative shift, with a loss of -₹194.26 crores in Q3FY25, compared to a profit of ₹15.17 crores in Q2FY25, and a YoY change from a loss of -₹15.38 crores in Q3FY24. Earnings Per Share (EPS) followed a similar pattern, reporting -₹16.00 in Q3FY25 compared to ₹1.20 in Q2FY25, and -₹1.30 in Q3FY24, with a QoQ change of -1433.3% and YoY change of 1130.8%.
Operating Metrics
The total expenses for AGS Transact Technologies Ltd in Q3FY25 were ₹465.33 crores, which represents a 33.9% increase compared to the previous quarter's expenses of ₹347.40 crores. Year-over-year, total expenses increased by 14.4% from ₹406.77 crores in Q3FY24. This increase in expenses over both periods contrasts with the decline in income, contributing to the negative profitability metrics observed. The tax expense for Q3FY25 was reported as -₹57.56 crores, showing a significant change from ₹5.55 crores in Q2FY25 and -₹7.37 crores in Q3FY24, with corresponding changes of -1137.1% QoQ and 681.0% YoY. These variations in operating metrics highlight a period of financial volatility for AGS Transact Technologies Ltd.
