Starteck Finance Ltd's Q3FY25 Quarterly Results

Result Summary

• Starteck Finance Ltd reported a 2.3% 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 28.4%.
• Its expenses for the quarter were up by 17.2% QoQ and 59.6% YoY.
• The net profit increased 1.1% QoQ and increased 32.0% YoY.
• The earnings per share (EPS) of Starteck Finance Ltd stood at 3.7 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

Starteck Finance Ltd is a financial services company engaged primarily in providing a range of financial solutions. The company operates in the finance sector, offering services that may include loans, credit facilities, and investment opportunities tailored to various customer needs. As of the latest available data, there is no specific information regarding recent major developments or changes in the company's core operations. Additional details about Starteck Finance Ltd's products or strategic initiatives are not available in the provided data.

Revenue

In the third quarter of FY25, Starteck Finance Ltd reported a total income of ₹9.49 crores. This represents a decrease of 2.3% compared to the second quarter of FY25, where the total income was ₹9.71 crores. However, when compared year-over-year, the total income shows a significant increase of 28.4% from ₹7.39 crores reported in the third quarter of FY24. These changes reflect the company's performance in generating revenue over the specified periods.

Profitability

For the third quarter of FY25, Starteck Finance Ltd achieved a profit before tax of ₹3.20 crores, which marks a decline of 21.4% from the previous quarter's profit before tax of ₹4.07 crores. Year-over-year, the profit before tax shows a minor decline of 5.0% from ₹3.37 crores in the third quarter of FY24. The tax for the third quarter of FY25 was reported as negative ₹0.43 crores, contrasting with a tax expense of ₹0.48 crores in the second quarter of FY25 and ₹0.62 crores in the third quarter of FY24. As a result, the profit after tax for Q3FY25 was ₹3.63 crores, showing a slight increase of 1.1% quarter-over-quarter and a significant year-over-year rise of 32.0% from ₹2.75 crores in Q3FY24.

Operating Metrics

The earnings per share (EPS) for Starteck Finance Ltd in the third quarter of FY25 was ₹3.70, compared to ₹3.60 in the previous quarter, reflecting a quarter-over-quarter increase of 2.8%. When evaluated on a year-over-year basis, EPS increased by 32.1% from ₹2.80 reported in the third quarter of FY24. Total expenses for Q3FY25 stood at ₹6.13 crores, which is an increase of 17.2% from ₹5.23 crores in Q2FY25 and a significant rise of 59.6% year-over-year from ₹3.84 crores in Q3FY24. These metrics provide insight into the company's operational efficiency and cost management during the specified periods.