Silly Monks Entertainment Ltd's Q3FY25 Quarter Results
- 31 Jan 2025
Result Summary
- Silly Monks Entertainment Ltd reported a 3.7% 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 17.5%.
- Its expenses for the quarter were up by 4.2% QoQ and 17.0% YoY.
- The net profit increased 85.7% QoQ and - - YoY.
- The earnings per share (EPS) of Silly Monks Entertainment Ltd stood at 0.1 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 7.05 | 6.80 | 6.00 | 3.7% | 17.5% |
Total Expenses | 7.01 | 6.73 | 5.99 | 4.2% | 17.0% |
Profit Before Tax | 0.04 | 0.07 | 0.02 | -42.9% | 100.0% |
Tax | -0.09 | -0.01 | 0.02 | 800.0% | -550.0% |
Profit After Tax | 0.13 | 0.07 | 0.00 | 85.7% | - |
Earnings Per Share | 0.10 | 0.10 | 0.00 | 0.0% | - |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Silly Monks Entertainment Ltd is a company engaged in the digital entertainment industry, focusing on content creation, distribution, and aggregation across various digital platforms. The company operates in a sector characterized by rapid technological changes and evolving consumer preferences. Silly Monks Entertainment Ltd offers services that include digital marketing, movie production, and music distribution, primarily targeting the Indian market with a growing presence in regional content. Details about recent major developments for Silly Monks Entertainment Ltd are not available based on the provided data. The company's strategic focus is typically on leveraging digital content consumption trends, though specific initiatives or expansions in recent quarters are not detailed in this analysis.
Revenue
In Q3FY25, Silly Monks Entertainment Ltd reported a total income of ₹7.05 crores, marking a quarter-over-quarter (QoQ) increase of 3.7% from ₹6.80 crores in Q2FY25. This also reflects a substantial year-over-year (YoY) growth of 17.5% from ₹6.00 crores in Q3FY24. The revenue growth indicates consistent performance in increasing its income over both the quarterly and annual periods. This positive revenue trend is a critical performance indicator for the company, suggesting its ability to sustain and enhance its market presence in the digital entertainment space.
Profitability
For Q3FY25, Silly Monks Entertainment Ltd posted a profit before tax of ₹0.04 crores, which is a decrease of 42.9% QoQ compared to ₹0.07 crores in Q2FY25. However, there was an increase of 100% YoY from ₹0.02 crores in Q3FY24. The company reported a profit after tax of ₹0.13 crores in Q3FY25, achieving an 85.7% increase QoQ from ₹0.07 crores in Q2FY25 and a significant improvement from zero profit after tax in Q3FY24. The earnings per share remained constant at ₹0.10 for both Q3FY25 and Q2FY25, showing stability in shareholder returns despite fluctuations in the profit before tax.
Operating Metrics
Total expenses for Silly Monks Entertainment Ltd in Q3FY25 amounted to ₹7.01 crores, which represents a 4.2% increase QoQ from ₹6.73 crores in Q2FY25. On a YoY basis, total expenses rose by 17.0% from ₹5.99 crores in Q3FY24. The tax figures for Q3FY25 showed a notable anomaly, with a tax credit of ₹0.09 crores compared to a minor tax expense of ₹0.01 crores in the previous quarter, and a tax expense of ₹0.02 crores in Q3FY24. This variation in tax expenses could influence net profitability calculations and reflects an unusual trend in the company's financials during this period. Such operating metrics need to be monitored closely to assess their impact on the company's financial health and operational efficiency.
