Ritco Logistics Ltd's Q3FY25 Quarterly Results

Result Summary

• Ritco Logistics Ltd reported a 12.1% 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 30.9%.
• Its expenses for the quarter were down by 96.4% QoQ and 95.8% YoY.
• The net profit decreased 1.6% QoQ and increased 17.6% YoY.
• The earnings per share (EPS) of Ritco Logistics Ltd stood at 3.8 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

Ritco Logistics Ltd is a company operating within the logistics and transportation industry. It provides services that typically include freight forwarding, warehousing, and supply chain management solutions. The company aims to offer comprehensive logistics services to streamline the movement of goods for its clients. As of the latest information up to October 2023, there are no specific recent major developments available about Ritco Logistics Ltd. The company focuses on enhancing its service delivery and expanding its market presence to meet the growing demands of global supply chains.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Ritco Logistics Ltd reported a total income of ₹314.43 crores. This represents a quarter-over-quarter (QoQ) increase of 12.1% from ₹280.41 crores in the second quarter of FY25 (Q2FY25). On a year-over-year (YoY) basis, total income saw a substantial increase of 30.9%, rising from ₹240.23 crores in the third quarter of the previous fiscal year (Q3FY24). These increments reflect changes in revenue generation over different periods, highlighting the company's ability to enhance its revenue streams through its core logistics services.

Profitability

Ritco Logistics Ltd's profitability analysis for Q3FY25 indicates a profit before tax (PBT) of ₹14.71 crores, which is a 2.7% increase from ₹14.32 crores in Q2FY25. Comparatively, on a YoY basis, PBT grew by 22.7% from ₹11.99 crores in Q3FY24. The tax expense for Q3FY25 was reported at ₹4.55 crores, marking a 14.0% increase QoQ and a 36.2% increase YoY. Consequently, the profit after tax (PAT) for Q3FY25 stood at ₹10.16 crores, a slight decrease of 1.6% QoQ from ₹10.33 crores, but an increase of 17.6% YoY from ₹8.64 crores. Earnings per share (EPS) for the quarter were ₹3.80, showing a decrease of 5.0% QoQ from ₹4.00, while increasing by 8.6% YoY from ₹3.50.

Operating Metrics

The total expenses for Ritco Logistics Ltd in Q3FY25 were reported at ₹9.48 crores, significantly decreasing by 96.4% QoQ from ₹266.09 crores in Q2FY25, and by 95.8% YoY from ₹228.24 crores in Q3FY24. These figures suggest a major reduction in operational costs for the quarter. The profit margins and operational efficiency can be gauged from these metrics, although specific reasons for the substantial decrease in expenses are not detailed in the provided data. The company's emphasis on optimizing operational expenditures might be reflected in these numbers.