Career Point Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- Career Point Ltd reported a 4.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 2.3%.
- Its expenses for the quarter were down by 7.9% QoQ and up 41.7% YoY.
- The net profit increased 2.5% QoQ and decreased 12.0% YoY.
- The earnings per share (EPS) of Career Point Ltd stood at 7.3 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 27.44 | 28.77 | 28.09 | -4.6% | -2.3% |
Total Expenses | 10.56 | 11.46 | 7.45 | -7.9% | 41.7% |
Profit Before Tax | 16.88 | 17.31 | 20.65 | -2.5% | -18.3% |
Tax | 3.66 | 4.42 | 5.59 | -17.2% | -34.5% |
Profit After Tax | 13.26 | 12.94 | 15.07 | 2.5% | -12.0% |
Earnings Per Share | 7.30 | 7.10 | 8.30 | 2.8% | -12.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Career Point Ltd is an education services company based in India. It primarily operates in the education sector, providing coaching services and educational consultancy. The company is known for its test preparation services for various competitive examinations, including engineering and medical entrance exams. In recent years, Career Point Ltd has expanded its offerings to include online education platforms and integrated schooling solutions. The company is part of the broader education and training industry, which has seen significant changes due to technological advancements and shifts in educational approaches. However, specific recent developments within Career Point Ltd are not available.
Revenue
In Q3FY25, Career Point Ltd reported a total income of ₹27.44 crores. This represents a quarter-over-quarter (QoQ) decrease of 4.6% from ₹28.77 crores in Q2FY25. Year-over-year (YoY), the total income decreased by 2.3% from ₹28.09 crores in Q3FY24. The decrease in revenue both QoQ and YoY reflects changes in the company's income generation over the periods in question. Total income is a crucial metric for assessing the company's ability to generate sales and revenue from its various educational services and products.
Profitability
Profitability for Career Point Ltd in Q3FY25 is reflected in several key metrics. The company reported a profit before tax of ₹16.88 crores, which is a 2.5% decrease from the ₹17.31 crores in Q2FY25 and an 18.3% decrease from ₹20.65 crores in Q3FY24. The tax expense for Q3FY25 was ₹3.66 crores, which decreased by 17.2% QoQ and 34.5% YoY. Consequently, the profit after tax increased by 2.5% QoQ to ₹13.26 crores, although it showed a YoY decline of 12.0% from ₹15.07 crores. Earnings per share (EPS) also saw similar trends, with a QoQ increase of 2.8% to ₹7.30 but a YoY decrease of 12.0% from ₹8.30. These metrics are essential indicators of the company's overall profitability and financial health.
Operating Metrics
Career Point Ltd's operating metrics for Q3FY25 reflect its cost management and efficiency. Total expenses amounted to ₹10.56 crores, marking a reduction of 7.9% QoQ from ₹11.46 crores in Q2FY25, but an increase of 41.7% YoY from ₹7.45 crores in Q3FY24. This significant YoY increase in expenses indicates changes in operating costs or investment in growth areas. The relationship between total income and total expenses is crucial for understanding the company's operational efficiency and cost management strategies. Additionally, the profit before tax and after-tax margins offer insights into the company's ability to manage its expenses relative to its income.
