Aion-Tech Solutions Ltd's Q3FY25 Quarter Results
- 14 Feb 2025
Result Summary
- Aion-Tech Solutions Ltd reported a 11.4% 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 decline of 13.3%.
- Its expenses for the quarter were down by 5.4% QoQ and 14.1% YoY.
- The net profit decreased 104.3% QoQ and decreased 53.3% YoY.
- The earnings per share (EPS) of Aion-Tech Solutions Ltd declined at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 23.03 | 20.67 | 26.55 | 11.4% | -13.3% |
Total Expenses | 23.09 | 24.41 | 26.89 | -5.4% | -14.1% |
Profit Before Tax | -0.06 | 11.89 | -0.34 | -100.5% | -82.4% |
Tax | 0.37 | 1.96 | 0.58 | -81.1% | -36.2% |
Profit After Tax | -0.43 | 9.93 | -0.92 | -104.3% | -53.3% |
Earnings Per Share | -0.10 | 2.90 | -0.30 | -103.4% | -66.7% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Aion-Tech Solutions Ltd is a company whose main products and services are not explicitly detailed in the provided information. As such, the specific industry, primary business offerings, and recent significant developments remain unspecified. This absence of detailed context means that the analysis will rely solely on the financial data provided, without any external assumptions regarding the company's market position or strategic initiatives. The company's financial performance will be assessed based on the quarterly figures available, highlighting changes in financial metrics over the past year.
Revenue
During Q3FY25, Aion-Tech Solutions Ltd reported a total income of ₹23.03 crores, reflecting an 11.4% increase from the previous quarter's total income of ₹20.67 crores. However, when compared to the same quarter of the previous year, Q3FY24, where the total income was ₹26.55 crores, there was a decline of 13.3% year-over-year. This demonstrates a notable fluctuation in revenue generation over the annual period, with a recovery from the last quarter but a shortfall from the same quarter a year ago.
Profitability
In terms of profitability, Aion-Tech Solutions Ltd faced a challenging quarter in Q3FY25, posting a profit before tax of ₹-0.06 crores. This marks a significant downturn from the previous quarter's profit before tax of ₹11.89 crores and a slight improvement from the Q3FY24 figure of ₹-0.34 crores. The quarter-over-quarter change was -100.5%, while the year-over-year change was -82.4%. The company incurred a tax expense of ₹0.37 crores, down from ₹1.96 crores in Q2FY25 and ₹0.58 crores in the same quarter last year. Consequently, the profit after tax for Q3FY25 was ₹-0.43 crores, a decline from ₹9.93 crores in Q2FY25 and an improvement from ₹-0.92 crores in Q3FY24. The earnings per share (EPS) followed a similar trend, with a value of ₹-0.10 in Q3FY25 compared to ₹2.90 in Q2FY25 and ₹-0.30 in Q3FY24.
Operating Metrics
Total expenses for Aion-Tech Solutions Ltd in Q3FY25 were ₹23.09 crores, representing a reduction of 5.4% from ₹24.41 crores in Q2FY25 and a 14.1% decrease from ₹26.89 crores in Q3FY24. The decline in expenses both quarter-over-quarter and year-over-year indicates a reduction in operational costs. However, despite this decrease, the company still reported a negative profit before tax, highlighting a discrepancy between income growth and cost management. The significant fluctuations in both income and expenses, alongside the changes in tax obligations, have directly impacted the overall profitability and earnings per share for the company during the reported period.
