Aksh Optifibre Ltd's Q3FY25 Quarterly Results

Result Summary

• Aksh Optifibre Ltd reported a 10.5% 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 43.9%.
• Its expenses for the quarter were down by 0.9% QoQ and 38.9% YoY.
• The net profit decreased 47.7% QoQ and increased 12.6% YoY.
• The earnings per share (EPS) of Aksh Optifibre Ltd declined at 0.3 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Aksh Optifibre Ltd is a company primarily involved in the manufacture of optical fiber, optical fiber cables, and fiber-reinforced plastic rods. The company operates within the telecommunications and information technology sectors, providing essential components for high-speed data transmission networks. Aksh Optifibre also engages in services such as Internet Protocol Television (IPTV) and Voice over Internet Protocol (VoIP) solutions. Recent developments in the telecommunications industry have seen a growing demand for high-speed internet services, which underscores the importance of companies like Aksh Optifibre. However, specific details on recent major developments within the company are not available.

Revenue

For Q3FY25, Aksh Optifibre Ltd reported a total income of ₹29.28 crores. When compared to the previous quarter (Q2FY25), which recorded ₹26.49 crores, this represents a quarter-over-quarter (QoQ) increase of 10.5%. However, when compared to the same quarter in the previous year (Q3FY24), where total income was ₹52.19 crores, there is a significant year-over-year (YoY) decline of 43.9%. Such fluctuations are notable and characterize the company's revenue performance over these periods.

Profitability

Aksh Optifibre Ltd's profitability metrics for Q3FY25 show a profit before tax (PBT) of ₹-5.66 crores, which is an improvement from the previous quarter's PBT of ₹-6.87 crores, reflecting a QoQ change of -17.6%. Compared to Q3FY24, where the PBT was ₹-4.13 crores, there is a YoY increase of 37.0%. Profit after tax (PAT) for Q3FY25 stands at ₹-4.74 crores, improved from ₹-9.06 crores in Q2FY25, indicating a QoQ change of -47.7%. When compared to Q3FY24, where PAT was ₹-4.21 crores, there is a YoY change of 12.6%. Despite these improvements, it is important to note the company continues to operate at a loss.

Operating Metrics

Earnings Per Share (EPS) for Aksh Optifibre Ltd in Q3FY25 was ₹-0.30, a considerable improvement from the previous quarter's EPS of ₹-0.60, reflecting a 50.0% QoQ change. When compared to the same quarter in the previous year (Q3FY24), the EPS remained unchanged, indicating a YoY change of 0.0%. Total expenses in Q3FY25 were ₹35.17 crores, slightly decreasing from Q2FY25's ₹35.48 crores, showing a QoQ decrease of 0.9%. Compared to Q3FY24, where total expenses were ₹57.53 crores, there is a YoY decrease of 38.9%. These metrics highlight the company's operational efficiency and cost management over the analyzed periods.