VLS Finance Ltd's Q3FY25 Quarterly Results

Result Summary

• VLS Finance Ltd reported a 173.3% 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 decline of 152.9%.
• Its expenses for the quarter were down by 21.8% QoQ and 13.1% YoY.
• The net profit decreased 214.1% QoQ and decreased 166.2% YoY.
• The earnings per share (EPS) of VLS Finance Ltd declined at 16.9 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

VLS Finance Ltd is a company that operates in the financial services sector. The company is primarily involved in providing financial assistance through various instruments and investment strategies. It deals with financial consultancy, investment advisory, and offers services related to capital markets. Unfortunately, specific recent major developments regarding VLS Finance Ltd are not available from the provided data. The company's operations are typically influenced by market conditions, regulatory environments, and economic trends that impact the financial services industry.

Revenue

In Q3 FY25, VLS Finance Ltd reported a total income of -₹60.69 crores. This represents a significant decline from the previous quarter, Q2 FY25, where the total income was ₹82.82 crores, indicating a quarter-over-quarter (QoQ) change of -173.3%. When compared year-over-year (YoY) to Q3 FY24, where the total income was ₹114.75 crores, there is a notable decrease of 152.9%. These figures highlight the fluctuations in revenue generation over the past quarters. The negative total income in the current quarter suggests a reversal from positive income figures in the previous periods.

Profitability

For Q3 FY25, VLS Finance Ltd registered a loss, with a Profit Before Tax (PBT) of -₹77.07 crores. This is a sharp decline from a profit of ₹64.67 crores recorded in Q2 FY25, marking a QoQ change of -219.2%. Comparing this to Q3 FY24, which had a PBT of ₹107.42 crores, the YoY change is -171.7%. The tax component also showed a negative figure of -₹18.76 crores in Q3 FY25, contrasting with a tax expense of ₹13.56 crores in Q2 FY25 and ₹19.37 crores in Q3 FY24. Consequently, the Profit After Tax (PAT) stood at -₹58.31 crores for Q3 FY25, down from ₹51.10 crores in Q2 FY25 and ₹88.05 crores in Q3 FY24, resulting in a QoQ change of -214.1% and a YoY change of -166.2%. The Earnings Per Share (EPS) followed a similar pattern, with -₹16.90 in Q3 FY25, compared to ₹14.70 in Q2 FY25 and ₹25.30 in Q3 FY24, reflecting a QoQ change of -215.0% and a YoY change of -166.8%.

Operating Metrics

The total expenses for VLS Finance Ltd in Q3 FY25 were ₹6.37 crores, which is a decrease from ₹8.15 crores in Q2 FY25, indicating a QoQ reduction of 21.8%. Compared to the same quarter the previous year, Q3 FY24, when the expenses were ₹7.33 crores, there is a YoY decrease of 13.1%. This decline in expenses contrasts with the negative revenue and profitability figures, suggesting changes in the company's operating conditions. The financial data indicates significant variations across quarters in the company's income and expenses, reflecting the dynamic nature of its operational environment.