RattanIndia Enterprises Ltd's Q3FY25 Quarterly Results

Result Summary

• RattanIndia Enterprises Ltd reported a 6.7% 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 2.2%.
• Its expenses for the quarter were up by 2.0% QoQ and 26.7% YoY.
• The net profit decreased 29.5% QoQ and decreased 191.0% YoY.
• The earnings per share (EPS) of RattanIndia Enterprises Ltd declined at 1.2 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

RattanIndia Enterprises Ltd is a diversified company engaged in multiple sectors including power generation, renewable energy, and e-commerce. The company has been focusing on strategic initiatives to expand its presence in emerging industries, particularly renewable energy and digital services. Recent developments have seen RattanIndia Enterprises enhance its strategic investments and partnerships to bolster its growth trajectory. However, specific details about their main products or services and any recent major developments beyond this general overview are not available in the provided data.

Revenue

For the third quarter of the fiscal year 2025 (Q3FY25), RattanIndia Enterprises Ltd reported a total income of ₹1921.81 crores. This represents a quarter-over-quarter (QoQ) increase of 6.7% from ₹1800.87 crores in Q2FY25. On a year-over-year (YoY) basis, total income increased by 2.2% compared to ₹1880.54 crores in Q3FY24. The revenue growth on both a quarterly and yearly basis indicates a positive trend in the company's income generation capabilities over the observed periods.

Profitability

In Q3FY25, RattanIndia Enterprises Ltd recorded a loss in profitability. The profit before tax was negative, amounting to -₹191.60 crores, which improved from a loss of -₹270.25 crores in Q2FY25, showing a QoQ change of -29.1%. However, when compared to Q3FY24, where the company recorded a profit of ₹212.92 crores, there is a significant YoY decline of -190.0%. The profit after tax followed a similar trend, recorded at -₹170.44 crores in Q3FY25, which is a YoY drop of -191.0% from a profit of ₹187.35 crores in Q3FY24, and a QoQ improvement from a loss of -₹241.59 crores in Q2FY25. Earnings per share (EPS) also reflected this performance, standing at -₹1.20 in Q3FY25 compared to -₹1.80 in Q2FY25 and ₹1.40 in Q3FY24.

Operating Metrics

The total expenses for Q3FY25 were reported at ₹2113.02 crores, marking a 2.0% increase QoQ from ₹2070.92 crores in Q2FY25, and a significant YoY increase of 26.7% from ₹1667.61 crores in Q3FY24. The tax expense for Q3FY25 was -₹21.17 crores, which shows a reduction in loss from -₹28.66 crores in Q2FY25 and a YoY change from a tax expense of ₹25.58 crores in Q3FY24, indicating a -182.8% change. The trends in expenses and tax indicate significant movements that have impacted the company’s financial performance over the quarters and year.