Shreyas Shipping & Logistics Ltd's Q3FY25 Quarterly Results

Result Summary

• Shreyas Shipping & Logistics Ltd reported a 6.4% 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 59.4%.
• Its expenses for the quarter were down by 1.9% QoQ and up 10.4% YoY.
• The net profit decreased 28.1% QoQ and decreased 178.5% YoY.
• The earnings per share (EPS) of Shreyas Shipping & Logistics Ltd stood at 7 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

Shreyas Shipping & Logistics Ltd is a prominent player in the shipping and logistics industry in India. The company primarily focuses on providing a wide range of shipping services, including container shipping, logistics, and freight forwarding. It is recognized for its extensive network and operational efficiency in the coastal shipping sector, playing a vital role in India's domestic trade and logistics. As a part of the logistics industry, Shreyas Shipping is influenced by various factors such as fuel prices, global trade dynamics, and regulatory changes in the maritime sector. However, specific recent major developments about the company are not provided in the current data set.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), Shreyas Shipping & Logistics Ltd reported a total income of ₹118.52 crores. This represents a decrease of 6.4% compared to the previous quarter (Q2FY25), where the total income was ₹126.60 crores. However, when compared to the same quarter in the previous year (Q3FY24), the total income shows a significant increase of 59.4%, as the income in Q3FY24 was ₹74.34 crores. This year-over-year growth indicates a robust improvement in the company's revenue generation capabilities over the past year, despite the quarterly decline.

Profitability

The company's profitability metrics indicate a mixed performance for Q3FY25. Profit Before Tax (PBT) was reported at ₹15.81 crores, marking a 27.8% decrease from ₹21.90 crores in Q2FY25. However, this figure contrasts sharply with the negative PBT of ₹-18.72 crores recorded in Q3FY24, demonstrating a substantial year-over-year improvement of 184.5%. The Profit After Tax (PAT) for Q3FY25 was ₹15.29 crores, down by 28.1% from the previous quarter but significantly improved from a loss of ₹-19.48 crores in Q3FY24, reflecting a remarkable turnaround in profitability over the year. The reduced tax expense of ₹0.52 crores in Q3FY25, compared to ₹0.63 crores in Q2FY25, also contributed to the net profit outcomes.

Operating Metrics

The Earnings Per Share (EPS) for Shreyas Shipping & Logistics Ltd stood at ₹7.00 in Q3FY25, showing a decrease from ₹9.70 in Q2FY25. However, comparing it to the same period last year, where EPS was ₹-8.90, there is a substantial improvement, indicating a positive shift in the company's per-share earnings over the year. Total expenses for Q3FY25 were ₹102.71 crores, showing a slight decrease of 1.9% from ₹104.70 crores in Q2FY25, but an increase of 10.4% compared to ₹93.06 crores in Q3FY24. This indicates a controlled cost environment quarter-over-quarter while managing higher operational expenses year-over-year, which may correlate with the increased activities or operational scale compared to the previous year.