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Share the post "Religare Enterprises ‘s Q3 2024-25 Latest News: Profit Drops by 288.45% 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 experienced a substantial growth of 10.19 % in the past year, decrease in net sales/revenue by -14.73 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -78.2 %, Marginal decrease of -69.6% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Religare Enterprises Limited. Profit dropped by -288.46 % Year to Year, Religare Enterprises Limited’s profitability dropped by -192.39 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -313.11 % Year to Year. EPS decreased by -183.87 % 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. 1510.577 Cr | Rs. 1951.857 Cr | Rs. 1664.43 Cr | -14.73 % | + 10.19 % |
| Expenses | Rs. 1454.78 Cr | Rs. 1875.94 Cr | Rs. 1729.95 Cr | -7.78 % | + 18.91 % |
| Operating Profit | Rs. 55.8 Cr | Rs. 75.92 Cr | Rs. -65.52 Cr | -186.3 % | -217.42 % |
| OPM % | 3.69 % | 3.89 % | -3.94 % | -7.83 % | -7.63 % |
| Other Income | Rs. 26.66 Cr | Rs. 19.118 Cr | Rs. 5.811 Cr | -69.6 % | -78.2 % |
| Interest | Rs. 24.23 Cr | Rs. 12.91 Cr | Rs. 5.12 Cr | -60.34 % | -78.87 % |
| Depreciation | Rs. 17.5 Cr | Rs. 14.69 Cr | Rs. 14.08 Cr | -4.15 % | -19.54 % |
| Profit before tax | Rs. 40.73 Cr | Rs. 67.44 Cr | Rs. -78.91 Cr | -217.01 % | -293.74 % |
| Tax % | 17.56 % | 1.57 % | -19.8 % | -21.37 % | -37.36 % |
| Net Profit | Rs. 33.58 Cr | Rs. 68.49 Cr | Rs. -63.28 Cr | -192.39 % | -288.45 % |
| EPS in Rs | Rs. 0.58 | Rs. 1.54 | Rs. -1.3 | -184.42 % | -324.14 % |
Today, we’re looking at Religare Enterprises 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 10.19 %. However, it did see a marginal slip of -14.73 % from the previous quarter. Expenses decreased slightly by -7.78 % quarter-on-quarter, aligning with the annual rise of 18.91 %. Operating profit, while down -217.42 % compared to last year, faced a quarter-on-quarter dip of -186.3 %, 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 -7.63 %, but a shrinkage of -7.83 % sequentially. Other income fell by -69.6 % compared to the last quarter, despite an annual decline of -78.2 %. Interest expenses dropped significantly by -60.34 % from the previous quarter, yet the year-over-year decrease remains at a moderate -78.87 %. Depreciation costs fell by -4.15 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -19.54 %. Profit before tax declined annually by -293.74 % but saw a reduction from the preceding quarter by -217.01 %.
Tax expenses as a percentage of profits decreased slightly by -37.36 % compared to last year, with a more notable quarter-on-quarter decrease of -21.37 %. Net profit fell by -288.45 % year-on-year but witnessed a -192.39 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -324.14 % but a quarterly fall of -184.42 %. In summary, Religare Enterprises 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. 1510.577 Cr | Rs. 1951.857 Cr | Rs. 1664.43 Cr | -14.73 % | + 10.19 % |
| Expenses | Rs. 1454.78 Cr | Rs. 1875.94 Cr | Rs. 1729.95 Cr | -7.78 % | + 18.91 % |
| Operating Profit | Rs. 55.8 Cr | Rs. 75.92 Cr | Rs. -65.52 Cr | -186.3 % | -217.42 % |
| Net Profit | Rs. 33.58 Cr | Rs. 68.49 Cr | Rs. -63.28 Cr | -192.39 % | -288.45 % |
| EPS in Rs | Rs. 0.58 | Rs. 1.54 | Rs. -1.3 | -184.42 % | -324.14 % |
In reviewing Religare Enterprises Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.19 % year-on-year growth, although there was a slight dip of -14.73 % from the previous quarter. Expenses rose by 18.91 % compared to the previous year, with a decrease of -7.78 % quarter-on-quarter. Operating Profit dropped by -217.42 % annually, and saw a -186.3 % decrease from the last quarter.
Net Profit showed yearly decrease of -288.45 %, and experienced a -192.39 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -324.14 % annually, however dipped by -184.42 % compared to the last quarter. In essence, while Religare Enterprises 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.
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