Palash Securities Ltd's Q4FY25 Quarter Results
- 16 May 2025
Result Summary
- Palash Securities Ltd reported a 25.8% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4FY25). On a year-on-year (YoY) basis, it witnessed a decline of 12.3%.
- Its expenses for the quarter were down by 14.3% QoQ and 13.9% YoY.
- The net profit increased 79.7% QoQ and decreased 70.6% YoY.
- The earnings per share (EPS) of Palash Securities Ltd declined at 3.3 during Q4FY25.
Financial Statments for Q4FY25
| (₹ crores) | Q4FY25 | Q3FY25 | Q4FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 9.67 | 13.03 | 11.02 | -25.8% | -12.3% |
Total Expenses | 14.43 | 16.83 | 16.76 | -14.3% | -13.9% |
Profit Before Tax | -4.76 | -3.80 | -5.74 | 25.3% | -17.1% |
Tax | 0.02 | -1.13 | 0.48 | -101.8% | -95.8% |
Profit After Tax | -4.78 | -2.66 | -16.25 | 79.7% | -70.6% |
Earnings Per Share | -3.30 | -1.30 | 0.00 | 153.8% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Palash Securities Ltd is a company engaged in the financial sector, focusing on investments and asset management. The company is part of the larger K.K. Birla Group, which has interests in various industries including textiles, engineering, and agriculture. As a securities and investment firm, Palash Securities Ltd primarily operates within the financial services industry. While specific information on recent major developments is not provided in the data, as a financial entity, the company may be influenced by changes in market conditions, regulatory policies, and economic trends. The company's performance is typically linked to its investment portfolio and market dynamics.
Revenue
In the fourth quarter of fiscal year 2025 (Q4FY25), Palash Securities Ltd reported a total income of ₹9.67 crores. This represents a decrease of 25.8% from the previous quarter (Q3FY25) and a decrease of 12.3% year-over-year compared to the fourth quarter of fiscal year 2024 (Q4FY24), where the total income was ₹11.02 crores. The decline in revenue over both periods indicates a reduction in income generation, which may be due to various factors such as market volatility or changes in the investment portfolio. The significant quarter-over-quarter decrease suggests a notable shift in revenue streams during the period.
Profitability
The company's profitability metrics reflect challenging financial conditions in Q4FY25. The profit before tax was reported at a negative ₹4.76 crores, showing an improvement from a loss of ₹5.74 crores in Q4FY24. However, it represents a further decline from the previous quarter's (Q3FY25) loss of ₹3.80 crores. The tax expenses for Q4FY25 were minimal, amounting to ₹0.02 crores, contrasting with a tax credit of ₹1.13 crores in the previous quarter. Consequently, the profit after tax was a loss of ₹4.78 crores in Q4FY25, a deterioration from the previous quarter's loss of ₹2.66 crores but an improvement from the significant loss of ₹16.25 crores in Q4FY24. The earnings per share (EPS) also reflect this pattern, with a negative ₹3.30 in Q4FY25, further falling from negative ₹1.30 in Q3FY25.
Operating Metrics
Palash Securities Ltd's operating metrics for Q4FY25 exhibit a reduction in total expenses, which totaled ₹14.43 crores, down from ₹16.83 crores in Q3FY25 and ₹16.76 crores in Q4FY24. This represents a decrease of 14.3% quarter-over-quarter and 13.9% year-over-year, indicating cost management efforts during the period. Despite these reductions in expenses, the company's profitability remains challenged, as evidenced by the negative profit before tax and profit after tax figures. The improvements in profit before tax and profit after tax over the year could suggest efforts to streamline operations or adjust strategies in response to market conditions, even though the quarter-over-quarter results show a different trend. The company's financial performance during this period is characterized by efforts to control expenses amidst declining income.