South West Pinnacle Exploration Ltd's Q3FY25 Quarterly Results

Result Summary

• South West Pinnacle Exploration Ltd reported a 71.1% 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 16.0%.
• Its expenses for the quarter were up by 56.0% QoQ and 17.3% YoY.
• The net profit increased 940.0% QoQ and decreased 1.0% YoY.
• The earnings per share (EPS) of South West Pinnacle Exploration Ltd stood at 1.5 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

South West Pinnacle Exploration Ltd is a company involved in the exploration and mining industry. The company primarily provides services related to geological drilling, exploration, and mining consultancy. It operates in a sector that is essential for obtaining natural resources and minerals. As of the data available, there are no specific recent major developments provided which could impact the company's operations or financial standing. This overview is based on general knowledge about the company's business environment and its industry.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), South West Pinnacle Exploration Ltd reported total income of ₹49.47 crores. This reflects a significant quarter-over-quarter (QoQ) increase of 71.1% from ₹28.92 crores in the second quarter of the fiscal year 2025 (Q2FY25). Compared to the third quarter of the fiscal year 2024 (Q3FY24), where total income was ₹42.64 crores, there is a year-over-year (YoY) growth of 16.0%. The substantial QoQ growth indicates an increase in revenue generation for the company during this period.

Profitability

The company recorded a profit before tax of ₹5.03 crores in Q3FY25, which is a remarkable increase from ₹0.43 crores in Q2FY25, marking a 1069.8% QoQ change. Year-over-year, there was a 5.7% increase from ₹4.76 crores in Q3FY24. The tax expense for Q3FY25 was ₹1.28 crores, up from ₹0.11 crores in Q2FY25, with a YoY rise of 9.4% compared to ₹1.17 crores in Q3FY24. The profit after tax for this quarter was ₹4.16 crores, significantly higher than the ₹0.40 crores reported in Q2FY25, though slightly lower than the ₹4.20 crores in Q3FY24, resulting in a slight YoY decline of 1.0%. Earnings per share remained consistent with the previous year at ₹1.50, showing a substantial QoQ increase from ₹0.10.

Operating Metrics

The total expenses for South West Pinnacle Exploration Ltd in Q3FY25 were ₹44.44 crores, representing a QoQ increase of 56.0% from ₹28.48 crores in Q2FY25, and a YoY increase of 17.3% from ₹37.88 crores in Q3FY24. This rise in expenses aligns with the increase in total income, suggesting an expansion in operational activities. The company's ability to maintain profitability despite the substantial increase in expenses is notable. These operating metrics provide a snapshot of the company's financial management and operational scale during this period.