Prime Securities Ltd's Q3FY25 Quarterly Results

Result Summary

• Prime Securities Ltd reported a 29.0% 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 growth of 18.3%.
• Its expenses for the quarter were down by 14.4% QoQ and up 28.2% YoY.
• The net profit decreased 52.3% QoQ and increased 3.4% YoY.
• The earnings per share (EPS) of Prime Securities Ltd stood at 2.4 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

Prime Securities Ltd is a financial services company, primarily engaged in investment banking and advisory services in India. The company offers a range of services including corporate finance advisory, mergers and acquisitions, and capital raising. As a key player in the financial services industry, Prime Securities Ltd has been involved in various strategic transactions across different sectors. The company operates within a dynamic and competitive market environment, constantly adapting to regulatory changes and economic fluctuations. Specific information regarding recent major developments or changes within the company is not available at this moment.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Prime Securities Ltd reported a total income of ₹21.18 crores. This represents a decrease of 29.0% when compared to the previous quarter (Q2FY25), where the total income was ₹29.83 crores. However, on a year-over-year basis, the company experienced an increase in total income by 18.3% from ₹17.91 crores in the third quarter of fiscal year 2024 (Q3FY24). These figures indicate variations in the company's income over different periods, reflecting changes in its operational activities or market conditions.

Profitability

For Q3FY25, Prime Securities Ltd's profit before tax was ₹10.12 crores, showing a decline of 43.5% from ₹17.90 crores in Q2FY25. Year-over-year, there was a marginal increase of 2.5% compared to ₹9.87 crores in Q3FY24. The tax expense for the quarter amounted to ₹1.87 crores, which is significantly higher by 167.1% from the previous quarter's ₹0.70 crores, but slightly lower by 3.6% YoY from the same period last year. Consequently, the profit after tax for the quarter stood at ₹8.20 crores, down by 52.3% from the prior quarter's ₹17.20 crores, but up by 3.4% from ₹7.93 crores in Q3FY24. These profitability metrics illustrate the company's financial performance in terms of net earnings after accounting for taxation.

Operating Metrics

The earnings per share (EPS) for Prime Securities Ltd in Q3FY25 were ₹2.40, marking a decrease of 52.0% from ₹5.00 in the previous quarter. Compared to the same quarter of the previous year, there was an increase of 4.3% from ₹2.30. These metrics provide insights into the earnings attributable to each share, reflecting the company's profitability per unit of shareholder investment. The variations in EPS between quarters and years highlight changes in the company's operational efficiency and financial health over time.