Bharat Road Network Ltd's Q3FY25 Quarterly Results

Result Summary

• Bharat Road Network Ltd reported a 194.7% 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 138.7%.
• Its expenses for the quarter were down by 19.1% QoQ and 34.5% YoY.
• The net profit decreased 1729.9% QoQ and decreased 1693.5% YoY.
• The earnings per share (EPS) of Bharat Road Network Ltd stood at 19.6 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

Bharat Road Network Ltd is a company primarily engaged in the development, implementation, operation, and maintenance of roads and highways in India. The company operates in the infrastructure sector, focusing on the roadways segment, which plays a crucial role in enhancing the transportation network across the country. Bharat Road Network Ltd is involved in various projects, including highway construction and toll operations, contributing to the national infrastructure development. While specific recent major developments regarding the company are not available in this dataset, Bharat Road Network Ltd continues to play a significant role in the infrastructure landscape.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Bharat Road Network Ltd reported a total income of ₹238.23 crores, marking a substantial increase from ₹80.83 crores in the previous quarter (Q2FY25) and ₹99.80 crores in the same quarter of the previous year (Q3FY24). The quarter-over-quarter (QoQ) growth in total income was 194.7%, and the year-over-year (YoY) growth was 138.7%. This reflects a significant increase in revenue generation over both the previous quarter and the same period last year.

Profitability

The profitability of Bharat Road Network Ltd showed a marked improvement in Q3FY25. The company recorded a profit before tax of ₹164.82 crores, a turnaround from a loss of ₹9.85 crores in Q2FY25 and a loss of ₹12.33 crores in Q3FY24. The quarter-over-quarter change in profit before tax was -1773.3%, while the year-over-year change was -1436.7%. After accounting for taxes, the profit after tax stood at ₹164.29 crores, compared to a loss of ₹10.08 crores in the previous quarter and a loss of ₹10.31 crores in the same quarter last year. The earnings per share for Q3FY25 were ₹19.60, contrasting sharply with the negative earnings per share of ₹-1.20 in both Q2FY25 and Q3FY24.

Operating Metrics

In terms of operating expenses, Bharat Road Network Ltd's total expenses in Q3FY25 were ₹73.40 crores, a decrease from ₹90.68 crores in Q2FY25 and ₹112.12 crores in Q3FY24. This represents a quarter-over-quarter decline of 19.1% and a year-over-year decline of 34.5% in total expenses. The tax expense for Q3FY25 was ₹0.53 crores, which increased from ₹0.23 crores in the previous quarter and contrasted with a tax rebate of ₹-2.03 crores in Q3FY24. The significant changes in key financial metrics indicate shifts in the company's operational efficiency and overall financial management during the period under review.