Prime Securities ‘s Q3 2024-25 Latest News: Revenue Grows by 3.06% YoY

Today, we’re looking at Prime Securities Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 3.06 %. However, it did see a marginal slip of -48.77 % from the previous quarter. Expenses decreased slightly by -31.16 % quarter-on-quarter, aligning with the annual rise of 20.2 %. Operating profit, while down -7.54 % compared to last year, faced a quarter-on-quarter dip of -57.5 %, 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 -6.35 %, but a shrinkage of -11.39 % sequentially. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -88.89 %. Depreciation costs fell by -8.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.76 %. Profit before tax declined annually by -6.42 % but saw a reduction from the preceding quarter by -57.96 %.
Tax expenses as a percentage of profits decreased slightly by -2.58 % compared to last year, with a more notable quarter-on-quarter increase of 13.14 %. Net profit fell by -3.46 % year-on-year but witnessed a -63.64 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -4.3 % but a quarterly fall of -63.52 %. In summary, Prime Securities Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Prime Securities Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.06 % year-on-year growth, although there was a slight dip of -48.77 % from the previous quarter. Expenses rose by 20.2 % compared to the previous year, with a decrease of -31.16 % quarter-on-quarter. Operating Profit dropped by -7.54 % annually, and saw a -57.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -3.46 %, and experienced a -63.64 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -4.3 % annually, however dipped by -63.52 % compared to the last quarter. In essence, while Prime Securities Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.