IL&FS Investment Managers Ltd's Q3FY25 Quarterly Results

Result Summary

• IL&FS Investment Managers Ltd reported a 58.8% 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 decline of 18.1%.
• Its expenses for the quarter were up by 69.3% QoQ and down 36.8% YoY.
• The net profit increased 132.7% QoQ and increased 62.3% YoY.
• The earnings per share (EPS) of IL&FS Investment Managers Ltd stood at 0.1 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

IL&FS Investment Managers Ltd is a prominent player in the financial services sector, specializing in investment management. The company is known for managing a diverse range of investment products including private equity funds, infrastructure funds, and real estate funds. As part of the IL&FS Group, the company benefits from a strong network and expertise in managing institutional, corporate, and retail investments across various sectors. Recent developments in the company or the broader industry are not provided, and therefore any significant changes or strategic shifts within the company are not available from the data.

Revenue

In the third quarter of the fiscal year 2025, IL&FS Investment Managers Ltd reported a total income of ₹13.74 crores. This marks a significant quarter-over-quarter increase of 58.8% from the previous quarter's income of ₹8.65 crores. However, when compared to the same quarter in the previous fiscal year (Q3FY24), there is a decline of 18.1% from ₹16.77 crores. The fluctuation in revenue over the quarters and year is evident, showing a recovery on a quarterly basis but a downturn annually. The reported figures highlight variability in income, which could be attributed to various factors such as market conditions or changes in fund performance.

Profitability

IL&FS Investment Managers Ltd's profitability metrics indicate a robust improvement in the third quarter of fiscal year 2025. The Profit Before Tax (PBT) rose to ₹4.60 crores, a 41.5% increase from the previous quarter's ₹3.25 crores and a substantial 100% increase year-over-year from ₹2.30 crores. The company reported a Profit After Tax (PAT) of ₹3.70 crores, showing a remarkable 132.7% quarter-over-quarter growth from ₹1.59 crores and a 62.3% increase from the ₹2.28 crores in Q3FY24. The tax expense for Q3FY25 was ₹0.88 crores, a decrease of 50.6% from the previous quarter, but a significant increase from the ₹0.06 crores in Q3FY24, reflecting changes in tax liabilities or policies that may have impacted the net profitability.

Operating Metrics

The operating efficiency of IL&FS Investment Managers Ltd as reflected in the quarterly financial data reveals some noteworthy trends. Total expenses for Q3FY25 were ₹9.14 crores, which represents a 69.3% increase from Q2FY25's ₹5.40 crores, yet a noticeable decrease of 36.8% from ₹14.47 crores in Q3FY24. This suggests a reduction in year-over-year expenses while experiencing a quarter-over-quarter increase. The Earnings Per Share (EPS) for Q3FY25 was reported at ₹0.10, up from ₹0.00 in both the preceding quarter and the same quarter of the previous year, highlighting an improvement in share profitability. The financial metrics showcase a dynamic operating environment with significant changes in revenues and expenses, impacting profitability and shareholder returns.