Nava Ltd's Q3FY25 Quarterly Results

Result Summary

• Nava Ltd reported a 6.9% 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 11.7%.
• Its expenses for the quarter were down by 16.4% QoQ and 24.8% YoY.
• The net profit increased 6.4% QoQ and decreased 24.0% YoY.
• The earnings per share (EPS) of Nava 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

Nava Ltd is a company operating in the [industry information not available]. The company is known for its [products/services information not available]. As of the most recent quarter, there has been no specific mention of major developments or changes in the company's operational framework. However, it is clear from the data provided that the company has been actively managing its financial performance over the past quarters, reflective in its income and expense handling. Further details about the industry dynamics or strategic shifts are not provided in the data.

Revenue

In Q3FY25, Nava Ltd reported a total income of ₹878.13 crores. This is a decrease of 6.9% compared to the previous quarter, Q2FY25, where the total income was ₹942.92 crores. Furthermore, when compared year-over-year, there is a more significant decline of 11.7% from Q3FY24, when the total income was ₹994.98 crores. This downward trend in revenue over both the quarter and the year may reflect changes in market demand, pricing strategy, or other external factors not detailed in the provided data.

Profitability

Nava Ltd's profitability in Q3FY25 shows a profit before tax of ₹391.64 crores, which indicates an increase of 8.4% from the previous quarter's figure of ₹361.26 crores. However, when compared to the same quarter last year (Q3FY24), there is a decrease of 15.6% from ₹464.13 crores. The company's profit after tax in Q3FY25 stands at ₹353.26 crores, reflecting a QoQ increase of 6.4% from ₹331.97 crores in Q2FY25 but a YoY decrease of 24.0% from ₹465.03 crores in Q3FY24. The tax expense for Q3FY25 was ₹35.24 crores, showing a QoQ increase of 12.3% from ₹31.37 crores in Q2FY25. The YoY change in tax is substantially higher due to a tax credit in Q3FY24, as indicated by the negative tax figure of ₹-1.34 crores.

Operating Metrics

The financial data provided highlights key operating metrics for Nava Ltd, including the earnings per share (EPS). In Q3FY25, the EPS was ₹8.60, representing a significant decrease of 50.3% from ₹17.30 in Q2FY25. Additionally, there is a marked decline of 61.9% compared to Q3FY24, where the EPS was ₹22.60. The reduction in EPS over both the quarter and year aligns with the observed decline in profit after tax. Expenses have been reduced significantly in Q3FY25, with total expenses dropping by 16.4% QoQ from ₹581.67 crores in Q2FY25, and by 24.8% YoY from ₹646.64 crores in Q3FY24, indicating a strong focus on cost management.