Banka Bioloo Ltd's Q3FY25 Quarterly Results

Result Summary

• Banka Bioloo Ltd reported a 13.3% 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 0.6%.
• Its expenses for the quarter were down by 14.8% QoQ and up 16.9% YoY.
• The net profit decreased 76.2% QoQ and decreased 311.6% YoY.
• The earnings per share (EPS) of Banka Bioloo Ltd declined at 1.3 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

Banka Bioloo Ltd is a company that operates within the sanitation and waste management industry, primarily focusing on providing eco-friendly sanitation solutions. The company's main products and services include bio-toilets, which utilize bio-digester technology to treat human waste in an environmentally sustainable manner. This technology is especially beneficial in areas lacking conventional sewage systems. Banka Bioloo Ltd is known for contributing to improved sanitation facilities, particularly in rural and semi-urban areas. Currently, there is no specific information provided about recent major developments or changes in the company's operations or strategy.

Revenue

In Q3FY25, Banka Bioloo Ltd reported a total income of ₹14.15 crores, showing a quarter-over-quarter (QoQ) increase of 13.3% from the ₹12.49 crores recorded in Q2FY25. When compared year-over-year (YoY), the total income displayed a slight growth of 0.6% from ₹14.07 crores in Q3FY24. This indicates stable revenue generation over the annual period. The increase from the previous quarter suggests a positive revenue trend within the current fiscal year, despite the marginal YoY change.

Profitability

The financial data for Banka Bioloo Ltd indicates a challenging period in terms of profitability. In Q3FY25, the company reported a loss before tax of ₹1.50 crores, which marks a substantial improvement from the loss of ₹6.18 crores in Q2FY25, reflecting a 75.7% QoQ reduction in losses. However, when compared to Q3FY24, where a profit of ₹0.67 crores was recorded, the YoY decline stands at 323.9%. The tax credit slightly decreased QoQ from ₹0.05 crores in Q2FY25 to ₹0.03 crores in Q3FY25. The profit after tax mirrored the trend in profit before tax, with a loss of ₹1.46 crores in Q3FY25, which presents a 76.2% improvement QoQ but a 311.6% decline YoY. Earnings per share (EPS) followed a similar trajectory, improving by 77.2% QoQ from a loss of ₹5.70 to ₹1.30, yet deteriorating significantly YoY from a positive ₹0.70 EPS in Q3FY24.

Operating Metrics

Total expenses for Banka Bioloo Ltd in Q3FY25 amounted to ₹15.65 crores, which is a 14.8% decrease QoQ from ₹18.36 crores in Q2FY25. Conversely, expenses increased by 16.9% YoY from ₹13.39 crores in Q3FY24. This reduction in expenses on a quarterly basis might reflect cost optimization efforts or changes in operational activities. However, the YoY rise in expenses suggests increased costs associated with operations or expansion activities over the annual period. The financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio were not provided in the data. These metrics could provide deeper insights into financial stability and operational efficiency but are beyond the scope of the data currently available.