Reliable Data Services Ltd's Q3FY25 Quarterly Results

Result Summary

• Reliable Data Services Ltd reported a 44.7% 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 67.1%.
• Its expenses for the quarter were down by 89.1% QoQ and 87.4% YoY.
• The net profit increased 200.7% QoQ and increased 288.7% YoY.
• The earnings per share (EPS) of Reliable Data Services Ltd stood at 5.3 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

Reliable Data Services Ltd is a company operating within the data management and information technology sector. The company is known for providing a range of services including data analytics, data processing, and IT solutions tailored to meet the needs of various industries. Although precise details about recent developments are not available, companies within this sector often engage in technological advancements and partnerships to enhance service delivery and expand their market reach. Reliable Data Services Ltd is likely engaged in efforts to leverage data-driven solutions to improve business processes and outcomes for its clients.

Revenue

For the third quarter of the fiscal year 2025, Reliable Data Services Ltd reported a total income of ₹34.30 crores. This represents a significant increase of 44.7% quarter-over-quarter (QoQ) from ₹23.71 crores in the second quarter of FY25, and an even more substantial year-over-year (YoY) increase of 67.1% from ₹20.53 crores in the third quarter of FY24. These figures indicate a robust growth in revenue, suggesting a positive trajectory in the company's income generation over the past year.

Profitability

In terms of profitability, Reliable Data Services Ltd experienced a notable increase in profit before tax, which was reported at ₹5.44 crores for Q3FY25. This marks an increase of 212.6% QoQ from ₹1.74 crores in Q2FY25, and a 265.1% YoY increase from ₹1.49 crores in Q3FY24. After accounting for taxes amounting to ₹1.32 crores, the profit after tax stood at ₹4.12 crores, which is a 200.7% increase QoQ from ₹1.37 crores and a 288.7% increase YoY from ₹1.06 crores. Furthermore, earnings per share (EPS) rose to ₹5.30 from ₹1.30 in the previous quarter, and from ₹1.00 in the same quarter last year, reflecting a 307.7% QoQ and a 430.0% YoY increase. These metrics present a picture of significant profitability growth for the company.

Operating Metrics

The analysis of operating metrics shows that Reliable Data Services Ltd managed to achieve a reduction in total expenses, which were reported at ₹2.39 crores for Q3FY25, down from ₹21.97 crores in Q2FY25 and ₹19.04 crores in Q3FY24. This decrease constitutes an 89.1% reduction QoQ and an 87.4% reduction YoY. This considerable decline in expenses, combined with the increase in income, indicates a strong operational performance in this quarter. The reduction of expenses may have contributed significantly to the observed improvements in profitability metrics, suggesting efficient cost management strategies within the company during this period.