India Shelter Finance Corporation Ltd's Q3FY25 Quarterly Results

Result Summary

• India Shelter Finance Corporation Ltd reported a 7.4% 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 39.4%.
• Its expenses for the quarter were up by 8.0% QoQ and 28.6% YoY.
• The net profit increased 6.7% QoQ and increased 54.3% YoY.
• The earnings per share (EPS) of India Shelter Finance Corporation Ltd stood at 8.6 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

India Shelter Finance Corporation Ltd is a financial services company that primarily operates in the housing finance sector. The company focuses on providing loans to individuals for home construction, purchase, and renovation, catering mainly to the informal income segment in India. As a non-banking financial company (NBFC), it plays a significant role in bridging the gap in the housing finance market, particularly for customers who may not have easy access to traditional banking services. As of the latest data, there are no specific major developments disclosed within this report.

Revenue

The total income for India Shelter Finance Corporation Ltd in Q3FY25 was ₹304.39 crores, representing a 7.4% increase from the previous quarter (Q2FY25) where the total income was ₹283.40 crores. Comparing year-over-year, there was a substantial increase of 39.4% from Q3FY24 when the total income was ₹218.38 crores. This growth in total income reflects the company's ability to expand its revenue base consistently across both quarterly and annual timelines.

Profitability

Profitability metrics indicate a positive trajectory for India Shelter Finance Corporation Ltd. The profit before tax for Q3FY25 stood at ₹124.37 crores, which is a 6.2% increase from ₹117.15 crores in Q2FY25, and a significant 53.2% rise from ₹81.16 crores in Q3FY24. The profit after tax for Q3FY25 reached ₹96.14 crores, showing a growth of 6.7% from the previous quarter and 54.3% compared to the same quarter in the previous year. The company's earnings per share (EPS) for the quarter was ₹8.60, compared to ₹8.10 in Q2FY25 and ₹6.50 in Q3FY24, reflecting a 6.2% and 32.3% increase, respectively.

Operating Metrics

Key operating metrics show that total expenses for Q3FY25 were ₹171.17 crores, marking an 8.0% increase from ₹158.43 crores in Q2FY25, and a 28.6% rise from ₹133.10 crores in the same quarter last year. The tax expense for Q3FY25 was ₹28.23 crores, which saw a 4.2% increase from the previous quarter and a 49.8% increase year-over-year. These figures highlight the company's operational expenditures and tax obligations that accompany its growth in revenue and profitability. The financial data suggests that the company is managing its operational costs effectively while increasing its income and profitability.