Centrum Capital Ltd's Q3FY25 Quarterly Results

Result Summary

• Centrum Capital Ltd reported a 3.1% 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 50.4%.
• Its expenses for the quarter were up by 16.3% QoQ and 50.2% YoY.
• The net profit decreased 866.5% QoQ and increased 227.5% YoY.
• The earnings per share (EPS) of Centrum Capital 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

Centrum Capital Ltd is a diversified financial services company based in India. The company operates across various sectors including investment banking, institutional equities, wealth management, and retail financial services. Centrum Capital is known for its comprehensive suite of financial services tailored to individual and corporate clients. As of the latest data, Centrum Capital has been active in expanding its service offerings to capture a wider market share in the competitive financial services industry. However, specific recent major developments and strategic initiatives by the company are not detailed in the provided data.

Revenue

In Q3FY25, Centrum Capital Ltd reported a total income of ₹894.71 crores, marking a 3.1% increase from the previous quarter (Q2FY25), where the total income was ₹867.71 crores. Year-over-year, the total income saw a substantial rise of 50.4% from ₹594.87 crores in Q3FY24. This significant year-over-year growth indicates a robust increase in revenue generation for this period. The figures reflect a consistent upward trend in revenue when compared sequentially and annually, suggesting effective revenue streams or expanded business operations during the assessed periods.

Profitability

The financial data for Q3FY25 shows that Centrum Capital Ltd experienced a profit before tax of -₹100.95 crores, a significant decline from the profit before tax of ₹15.11 crores in Q2FY25. Year-over-year, this metric reflects a deterioration from -₹40.06 crores in Q3FY24. The tax impact for Q3FY25 was -₹42.39 crores, contrasting with the tax of ₹7.47 crores in the previous quarter and -₹22.19 crores a year ago. Consequently, the profit after tax for Q3FY25 stood at -₹58.56 crores, compared to ₹7.64 crores in the preceding quarter and -₹17.88 crores in the same quarter last year. The earnings per share also dropped to -₹1.30 from -₹0.60 in Q2FY25 and -₹0.70 in Q3FY24.

Operating Metrics

Examining the operating metrics, Centrum Capital Ltd's total expenses reached ₹854.85 crores in Q3FY25, which represents a significant increase of 16.3% from ₹734.98 crores in Q2FY25. Year-over-year, the total expenses increased by 50.2% from ₹569.33 crores in Q3FY24. This escalation in expenses aligns closely with the growth in total income, suggesting operational expansion or increased cost of operations. The earnings per share for the current quarter were reported at -₹1.30, showing an increase in negative value compared to -₹0.60 in the previous quarter and -₹0.70 in the same quarter last year, reflecting the overall profitability challenges faced by the company during this period.