Mufin Green Finance Ltd's Q3FY25 Quarterly Results

Result Summary

• Mufin Green Finance Ltd reported a 5.6% 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 79.9%.
• Its expenses for the quarter were up by 8.0% QoQ and 99.4% YoY.
• The net profit increased 1.1% QoQ and increased 26.2% YoY.
• The earnings per share (EPS) of Mufin Green Finance Ltd stood at 0.3 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

Mufin Green Finance Ltd operates within the financial sector, focusing on providing financial services that are aligned with sustainable and environmentally friendly practices. The company is primarily engaged in offering financial products aimed at promoting green initiatives, which could include green loans or investments in renewable energy projects. As of the data provided up to October 2023, there is no additional specific information available regarding recent major developments or changes within the company’s operations or strategic direction.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Mufin Green Finance Ltd reported a total income of ₹48.96 crores. This marks a quarter-over-quarter (QoQ) increase of 5.6% from ₹46.35 crores in Q2FY25. Furthermore, there was a significant year-over-year (YoY) growth of 79.9% compared to ₹27.22 crores in Q3FY24. This robust increase in total income highlights a strong expansion in revenue-generating activities over the past year. Such growth could be attributed to an increase in demand for the company’s financial services or successful strategic initiatives aimed at expanding its market presence.

Profitability

During Q3FY25, Mufin Green Finance Ltd achieved a profit before tax of ₹7.78 crores, which represents a slight decline of 2.9% compared to ₹8.01 crores in Q2FY25. However, on a YoY basis, profit before tax increased by 27.5% from ₹6.10 crores in Q3FY24. The tax expense for Q3FY25 was ₹2.04 crores, showing a QoQ decrease of 12.4% from ₹2.33 crores in Q2FY25, and a YoY increase of 31.6% from ₹1.55 crores in Q3FY24. Consequently, the profit after tax for Q3FY25 was ₹5.74 crores, which is a modest 1.1% increase QoQ from ₹5.68 crores in Q2FY25 and a YoY rise of 26.2% from ₹4.55 crores in Q3FY24. The earnings per share remained constant at ₹0.30 across all the quarters compared.

Operating Metrics

The operating expenses of Mufin Green Finance Ltd in Q3FY25 amounted to ₹40.37 crores, which reflects an 8.0% QoQ increase from ₹37.39 crores in Q2FY25 and a substantial YoY rise of 99.4% from ₹20.25 crores in Q3FY24. These figures suggest a significant escalation in operational costs over the past year, which may impact the company’s overall profitability margins. The consistency in earnings per share at ₹0.30 across the quarters indicates a stable share performance despite fluctuations in profitability metrics. The data provided does not include additional specific operating metrics such as liquidity or solvency ratios, limiting further detailed analysis in these areas.