Share the post "63 Moons Technologies ‘s Q3 2024-25 Latest News: Revenue Dropped by 92.67% YoY"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -92.67 % over the year, decrease in net sales/revenue by -69.37 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -2.34 %, Marginal increase in other income during this quarter, up by 7.12%. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for 63 moons technologies limited. Profit dropped by -125.95 % Year to Year, 63 moons technologies limited’s profitability dropped by -3.63 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -117.99 % Year to Year. EPS decreased by -11.71 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 160.73 Cr | Rs. 38.452 Cr | Rs. 11.776 Cr | -69.37 % | -92.67 % |
Expenses | Rs. 96.16 Cr | Rs. 92.19 Cr | Rs. 73.17 Cr | -20.63 % | -23.91 % |
Operating Profit | Rs. 64.57 Cr | Rs. -53.74 Cr | Rs. -61.39 Cr | -14.24 % | -195.08 % |
OPM % | 40.17 % | -139.76 % | -521.31 % | -381.55 % | -561.48 % |
Other Income | Rs. 41.8 Cr | Rs. 38.11 Cr | Rs. 40.823 Cr | + 7.12 % | -2.34 % |
Interest | Rs. 0.23 Cr | Rs. 0.28 Cr | Rs. 0.14 Cr | -50 % | -39.13 % |
Depreciation | Rs. 7.62 Cr | Rs. 8.39 Cr | Rs. 7.54 Cr | -10.13 % | -1.05 % |
Profit before tax | Rs. 98.52 Cr | Rs. -24.3 Cr | Rs. -28.25 Cr | -16.26 % | -128.67 % |
Tax % | 9.17 % | -0.49 % | -6.46 % | -5.97 % | -15.63 % |
Net Profit | Rs. 89.42 Cr | Rs. -24.08 Cr | Rs. -23.2 Cr | + 3.65 % | -125.94 % |
EPS in Rs | Rs. 20.12 | Rs. -4.1 | Rs. -3.62 | + 11.71 % | -117.99 % |
Today, we’re looking at 63 moons technologies limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -92.67 %. However, it did see a marginal slip of -69.37 % from the previous quarter. Expenses decreased slightly by -20.63 % quarter-on-quarter, aligning with the annual decline of -23.91 %. Operating profit, while down -195.08 % compared to last year, faced a quarter-on-quarter dip of -14.24 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -561.48 %, but a shrinkage of -381.55 % sequentially. Other income rose by 7.12 % compared to the last quarter, despite an annual decline of -2.34 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -39.13 %. Depreciation costs fell by -10.13 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.05 %. Profit before tax declined annually by -128.67 % but saw a reduction from the preceding quarter by -16.26 %.
Tax expenses as a percentage of profits decreased slightly by -15.63 % compared to last year, with a more notable quarter-on-quarter decrease of -5.97 %. Net profit fell by -125.94 % year-on-year but experienced a 3.65 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -117.99 % but a quarterly rise of 11.71 %. In summary, 63 moons technologies limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 160.73 Cr | Rs. 38.452 Cr | Rs. 11.776 Cr | -69.37 % | -92.67 % |
Expenses | Rs. 96.16 Cr | Rs. 92.19 Cr | Rs. 73.17 Cr | -20.63 % | -23.91 % |
Operating Profit | Rs. 64.57 Cr | Rs. -53.74 Cr | Rs. -61.39 Cr | -14.24 % | -195.08 % |
Net Profit | Rs. 89.42 Cr | Rs. -24.08 Cr | Rs. -23.2 Cr | + 3.65 % | -125.94 % |
EPS in Rs | Rs. 20.12 | Rs. -4.1 | Rs. -3.62 | + 11.71 % | -117.99 % |
In reviewing 63 moons technologies limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -92.67 % year-on-year, although there was a slight dip of -69.37 % from the previous quarter. Expenses decreased by -23.91 % compared to the previous year, with a decrease of -20.63 % quarter-on-quarter. Operating Profit dropped by -195.08 % annually, and saw a -14.24 % decrease from the last quarter.
Net Profit showed yearly decrease of -125.94 %, and experienced a 3.65 % increase from the previous quarter. Earnings Per Share (EPS) fell by -117.99 % annually, however rose by 11.71 % compared to the last quarter. In essence, while 63 moons technologies limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.