KBC Global Ltd's Q3FY25 Quarterly Results

Result Summary

• KBC Global Ltd reported a 73.4% 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 90.9%.
• Its expenses for the quarter were up by 164.7% QoQ and down 57.6% YoY.
• The net profit increased 4558.1% QoQ and decreased 31.0% YoY.
• The earnings per share (EPS) of KBC Global Ltd - at - 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

KBC Global Ltd is a company involved in the real estate and construction sector. The company primarily focuses on the development of residential and commercial properties. As of the latest available data, KBC Global Ltd has been engaged in various projects across different regions, aiming to deliver quality infrastructure and housing solutions. While the specific details of recent developments or changes in the company’s strategic direction are not available in the provided data, KBC Global Ltd operates within the broader real estate industry, which is subject to economic cycles, market demand, and regulatory changes.

Revenue

During the third quarter of the fiscal year 2025 (Q3FY25), KBC Global Ltd reported a total income of ₹2.11 crores. This marks a significant decrease compared to the previous quarter (Q2FY25), where the total income was ₹7.94 crores, representing a quarter-over-quarter (QoQ) decline of 73.4%. When compared to the same quarter in the previous fiscal year (Q3FY24), the total income decreased from ₹23.19 crores, reflecting a year-over-year (YoY) drop of 90.9%. This substantial decline in revenue over both periods indicates a challenging quarter for the company in terms of income generation.

Profitability

KBC Global Ltd's profitability in Q3FY25 presents a challenging financial picture. The company recorded a profit before tax of -₹20.02 crores, which is a steep increase in losses compared to -₹0.42 crores in Q2FY25, marking a dramatic QoQ change of 4666.7%. When compared to Q3FY24, where the loss was -₹29.05 crores, there is a reduction in the year-over-year loss by 31.1%. The profit after tax for Q3FY25 was -₹20.03 crores, a significant increase in loss from -₹0.43 crores in Q2FY25 and a reduction from -₹29.04 crores in Q3FY24, showing a YoY improvement of 31.0%. The earnings per share remained at ₹0.00 in Q3FY25, compared to -₹0.10 in the previous quarter and -₹0.30 in the same quarter of the prior year, indicating no earnings available for shareholders this quarter.

Operating Metrics

In terms of operating metrics, KBC Global Ltd faced an increase in total expenses to ₹22.13 crores in Q3FY25 from ₹8.36 crores in Q2FY25, marking a 164.7% QoQ increase. This suggests a significant rise in operational costs or investments during the quarter. Compared to the same period last year, where expenses were ₹52.24 crores, the company has managed to reduce its expenses by 57.6% YoY. The tax expenditure for Q3FY25 was minimal at ₹0.01 crores, showing no significant change from the previous quarter and a slight increase from a negative tax of -₹0.01 crores in Q3FY24. The financial data provided does not include specific information on other operational metrics such as debt levels, liquidity ratios, or asset management, which would typically provide further insights into the company’s operational efficiency and financial health.