Inspirisys Solutions Ltd's Q3FY25 Quarterly Results

Result Summary

• Inspirisys Solutions Ltd reported a 7.1% 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 34.4%.
• Its expenses for the quarter were down by 4.7% QoQ and 33.9% YoY.
• The net profit increased 250.1% QoQ and increased 271.8% YoY.
• The earnings per share (EPS) of Inspirisys Solutions 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

Inspirisys Solutions Ltd is a technology company operating in the IT services sector. The company provides a range of services, including IT infrastructure management, cloud services, cybersecurity solutions, software development, and enterprise mobility solutions. As a part of its offerings, Inspirisys Solutions Ltd caters to a diverse set of industries, providing tailored IT solutions to enhance business operations and drive efficiency. The company is known for its innovative approach in integrating technology with business processes, aiming to deliver high-value services to its clients. There are no specific recent major developments available in the current data set, but the company continues to operate within a competitive IT landscape.

Revenue

In the quarter ending Q3FY25, Inspirisys Solutions Ltd reported a Total Income of ₹80.21 crores. This represents a decrease of 7.1% compared to the previous quarter (Q2FY25), where the Total Income was ₹86.31 crores. When compared year-over-year, the Total Income has declined by 34.4% from ₹122.35 crores in Q3FY24. These figures indicate a significant reduction in revenue over both the quarterly and annual periods. The decline in total income might reflect changes in market conditions, demand fluctuations, or other operational factors impacting the company's revenue streams during the measured periods.

Profitability

For Q3FY25, Inspirisys Solutions Ltd reported a Profit Before Tax of ₹2.42 crores, showing a substantial decline of 48.5% from the previous quarter's ₹4.70 crores and a similar 48.9% decrease from the ₹4.74 crores recorded in Q3FY24. Despite this, the Profit After Tax for Q3FY25 was ₹13.20 crores, a notable increase from ₹3.77 crores in Q2FY25 and ₹3.55 crores in Q3FY24, reflecting a growth of 250.1% and 271.8% respectively. This increase is primarily attributed to the Tax figure, which was recorded as a negative ₹10.36 crores in Q3FY25, compared to a positive tax charge in the previous periods. The Earnings Per Share (EPS) was ₹0.10 in Q3FY25, significantly lower than the ₹0.90 in both Q2FY25 and Q3FY24, indicating an 88.9% decrease in this metric over both periods.

Operating Metrics

The Total Expenses for Inspirisys Solutions Ltd in Q3FY25 stood at ₹77.79 crores, which is a decrease of 4.7% from ₹81.61 crores in Q2FY25 and a reduction of 33.9% from ₹117.61 crores in Q3FY24. This decline in expenses aligns with the observed reduction in income, suggesting adjustments in operational spending. The changes in operating expenses, alongside the variations in revenue, have contributed to the overall financial performance of the company. The substantial shift in tax figures has played a critical role in determining the net profitability, as reflected in the Profit After Tax and Earnings Per Share metrics for the quarter.