Prime Securities Ltd's Q4FY25 Quarterly Results

Result Summary

• Prime Securities Ltd reported a 39.5% 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 growth of 3.1%.
• Its expenses for the quarter were up by 9.6% QoQ and 33.8% YoY.
• The net profit decreased 79.9% QoQ and decreased 59.4% YoY.
• The earnings per share (EPS) of Prime Securities Ltd stood at 0.5 during Q4FY25.

Financial Statments for Q4FY25

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 operates within the financial services industry, primarily focusing on investment banking and related financial advisory services. The company provides a range of services including corporate finance advisory, capital market services, and merchant banking. As of the latest available information, no specific recent major developments have been noted. Given the nature of its business, Prime Securities Ltd is influenced by economic cycles, regulatory changes, and capital market conditions, which can impact its financial performance.

Revenue

In Q4FY25, Prime Securities Ltd reported a total income of ₹12.82 crores, showcasing a year-over-year increase of 3.1% compared to ₹12.43 crores in Q4FY24. However, there was a significant quarter-over-quarter decline of 39.5% from ₹21.18 crores in Q3FY25. The fluctuations in total income can be attributed to various factors inherent in the company's operations, such as market volatility and transaction volumes, which directly impact its revenue streams.

Profitability

For Q4FY25, the company recorded a Profit Before Tax (PBT) of ₹2.29 crores, a substantial decrease of 77.4% from the previous quarter's ₹10.12 crores and a 60.7% decline from ₹5.83 crores in Q4FY24. The Profit After Tax (PAT) for the same quarter was ₹1.65 crores, reflecting a 79.9% drop from Q3FY25's ₹8.20 crores and a 59.4% reduction from ₹4.06 crores in Q4FY24. This performance influenced the Earnings Per Share (EPS), which stood at ₹0.50, marking a 79.2% decrease quarter-over-quarter and a 58.3% year-over-year decline. Tax expenses were ₹0.64 crores in Q4FY25, also showing a decrease from both the previous quarter and the same quarter last year, aligning with the reduced profitability.

Operating Metrics

Total expenses for Prime Securities Ltd in Q4FY25 were reported at ₹10.48 crores, an increase of 9.6% from Q3FY25's ₹9.56 crores and a 33.8% rise from ₹7.83 crores in Q4FY24. The increase in expenses over both periods may reflect changes in operational activities, cost management strategies, or fluctuations in market conditions impacting operational efficiency. These expense trends have played a crucial role in the overall financial performance of the company for the quarter. The company’s financial metrics highlight the dynamic nature of financial results, which are influenced by a multitude of factors inherent in the financial services industry.