Tarmat Ltd's Q3FY25 Quarterly Results

Result Summary

• Tarmat Ltd reported a 69.0% 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 16.2%.
• Its expenses for the quarter were up by 71.2% QoQ and 15.4% YoY.
• The net profit decreased 17.1% QoQ and increased 183.3% YoY.
• The earnings per share (EPS) of Tarmat Ltd stood at 0.1 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

Tarmat Ltd is a company operating within the construction and infrastructure development industry. The company specializes in the construction of roads, highways, and airfields, offering a range of services that include engineering, procurement, and construction (EPC) solutions. Tarmat Ltd has built a reputation for delivering quality infrastructure projects, contributing to the development of transportation networks. However, information regarding any recent major developments or specific projects undertaken by Tarmat Ltd in the recent past is not available from the data provided.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Tarmat Ltd reported a total income of ₹26.37 crore. This represents a significant increase of 69.0% compared to the previous quarter (Q2FY25), where the total income was ₹15.60 crore. On a year-over-year basis, the total income for Q3FY25 increased by 16.2% compared to ₹22.70 crore in the third quarter of the fiscal year 2024 (Q3FY24). This growth in revenue highlights a positive trajectory in the company’s revenue generation capabilities over the quarterly and yearly periods.

Profitability

Tarmat Ltd's profitability metrics for Q3FY25 indicate that the company achieved a profit before tax of ₹0.29 crore, which is a decline of 23.7% from the previous quarter's ₹0.38 crore. Despite the quarter-over-quarter decrease, the profit before tax saw a substantial year-over-year increase of 222.2% compared to ₹0.09 crore in Q3FY24. The profit after tax for Q3FY25 was ₹0.34 crore, reflecting a decrease of 17.1% from Q2FY25, but an impressive rise of 183.3% from ₹0.12 crore in Q3FY24. The company's earnings per share remained constant at ₹0.10 over the last three quarters and year, indicating stability in earnings distribution per share.

Operating Metrics

In terms of operating expenses, Tarmat Ltd recorded total expenses of ₹26.08 crore in Q3FY25, which represents a 71.2% increase from ₹15.23 crore in Q2FY25. The expenses also rose by 15.4% year-over-year, compared to ₹22.60 crore in Q3FY24. The tax amount for Q3FY25 was recorded at ₹-0.05 crore, rising by 66.7% both quarter-over-quarter and year-over-year from ₹-0.03 crore in Q2FY25 and Q3FY24. These figures underscore the dynamics of Tarmat Ltd's cost structure and tax obligations across the reported periods.