Alankit Ltd's Q3FY25 Quarterly Results

Result Summary

• Alankit Ltd reported a 9.6% 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 28.0%.
• Its expenses for the quarter were up by 12.6% QoQ and 35.7% YoY.
• The net profit increased 41.7% QoQ and decreased 36.0% YoY.
• The earnings per share (EPS) of Alankit Ltd stood at 0.2 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

Alankit Ltd is a diversified business entity engaged primarily in the services sector. The company offers a range of services, including e-Governance, financial services, and health insurance. Alankit is known for its contributions to digitization and its support of government initiatives aimed at enhancing public service delivery. The company operates in several verticals, providing solutions such as PAN card issuance, TIN facilitation, and GST registration, which cater to a broad customer base, including individuals and businesses. Recent major developments for Alankit Ltd are not available, but the company continues to expand its service offerings and enhance its technological capabilities to maintain its competitive edge in the industry.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Alankit Ltd reported a total income of ₹74.72 crores. This represents a quarter-over-quarter (QoQ) increase of 9.6% from ₹68.20 crores in the second quarter of fiscal year 2025 (Q2FY25). Compared to the third quarter of fiscal year 2024 (Q3FY24), the total income showed a year-over-year (YoY) growth of 28.0% from ₹58.37 crores. The consistent revenue growth over both the quarter and the year is indicative of the company's expanding operations and increasing market reach.

Profitability

For Q3FY25, Alankit Ltd recorded a Profit Before Tax (PBT) of ₹4.84 crores, marking a decrease of 21.3% on a QoQ basis from ₹6.15 crores in Q2FY25. On a YoY basis, PBT fell by 29.7% from ₹6.88 crores in Q3FY24. The company's Profit After Tax (PAT) was reported at ₹5.20 crores in Q3FY25, which is a significant QoQ increase of 41.7% from ₹3.67 crores in Q2FY25, although it was 36.0% lower than the ₹8.12 crores reported in Q3FY24. The Earnings Per Share (EPS) for this quarter was ₹0.20, doubling from ₹0.10 in the previous quarter, but showing a 50.0% decrease from ₹0.40 in the same quarter the previous year.

Operating Metrics

The operating metrics reflect the financial dynamics of Alankit Ltd in the third quarter of fiscal year 2025. Total expenses for the quarter were ₹69.87 crores, up 12.6% QoQ from ₹62.05 crores in Q2FY25, and 35.7% YoY from ₹51.49 crores in Q3FY24. The tax expenses reported were negative ₹0.36 crores, contrasting with the positive tax outflow of ₹2.48 crores in Q2FY25 and negative ₹1.24 crores in Q3FY24. These changes in tax expenses are notable and reflect fluctuations in the company's tax liabilities over the periods. The financial data does not provide details on other operating metrics such as P/E ratio, debt-to-equity ratio, or current ratio, which are crucial for a deeper analysis of the company's financial health.