Alphageo (India) Ltd's Q3FY25 Quarterly Results
- 12 Feb 2025
Result Summary
- Alphageo (India) Ltd reported a 48.2% 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 73.3%.
- Its expenses for the quarter were up by 5.3% QoQ and down 44.4% YoY.
- The net profit decreased 576.6% QoQ and decreased 274.9% YoY.
- The earnings per share (EPS) of Alphageo (India) Ltd declined at 12.3 during Q3FY25.
Financial Statments for Q3FY25
Total Income | 11.69 | 22.56 | 43.73 | -48.2% | -73.3% |
Total Expenses | 21.69 | 20.59 | 38.98 | 5.3% | -44.4% |
Profit Before Tax | -10.00 | 1.97 | 4.75 | -607.6% | -310.5% |
Tax | -2.04 | 0.30 | 0.19 | -780.0% | -1173.7% |
Profit After Tax | -7.96 | 1.67 | 4.55 | -576.6% | -274.9% |
Earnings Per Share | -12.30 | 2.80 | 6.20 | -539.3% | -298.4% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Alphageo (India) Ltd is a company primarily engaged in providing geophysical services, particularly seismic data acquisition, processing, and interpretation services. The company operates in the oil and gas exploration sector, offering its expertise to both domestic and international clients. Its services are crucial for identifying potential hydrocarbon reserves, which are essential for energy companies. As of the latest information available, there are no specific recent major developments attributed to Alphageo (India) Ltd that have been publicly disclosed.
Revenue
In the third quarter of the fiscal year 2025 (Q3FY25), Alphageo (India) Ltd reported a total income of ₹11.69 crores. This reflects a significant decline when compared to the previous quarter (Q2FY25), where total income was ₹22.56 crores, marking a quarter-over-quarter (QoQ) decrease of 48.2%. The year-over-year (YoY) comparison with the third quarter of the fiscal year 2024 (Q3FY24) shows an even more pronounced decrease of 73.3%, as the total income was ₹43.73 crores in that period. These figures indicate a substantial downturn in revenue generation for the company over both the quarterly and yearly timeframes.
Profitability
Alphageo (India) Ltd experienced a challenging financial quarter in terms of profitability. The company reported a loss before tax of ₹10.00 crores in Q3FY25, which is a deterioration from a profit before tax of ₹1.97 crores in Q2FY25, representing a dramatic QoQ decline of 607.6%. Compared to Q3FY24, where the profit before tax was ₹4.75 crores, the YoY change is a substantial 310.5% decrease. Similarly, the profit after tax in Q3FY25 was a negative ₹7.96 crores, contrasting with a profit of ₹1.67 crores in Q2FY25 and ₹4.55 crores in Q3FY24. The corresponding QoQ and YoY changes are -576.6% and -274.9%, respectively. This negative profitability is further reflected in the Earnings Per Share (EPS), which dropped to -₹12.30 in Q3FY25 from ₹2.80 in Q2FY25 and ₹6.20 in Q3FY24, marking decreases of 539.3% QoQ and 298.4% YoY.
Operating Metrics
During Q3FY25, Alphageo (India) Ltd reported total expenses of ₹21.69 crores, which is an increase of 5.3% from ₹20.59 crores in Q2FY25. When compared to the same quarter in the previous year (Q3FY24), where total expenses were ₹38.98 crores, there is a notable decrease of 44.4%. This reflects a reduction in operating costs on a yearly basis, albeit with a slight increase on a quarterly basis. The tax expense in Q3FY25 was recorded as a negative ₹2.04 crores, contrasting with a positive tax of ₹0.30 crores in Q2FY25 and ₹0.19 crores in Q3FY24, showing changes of -780.0% QoQ and -1173.7% YoY. These variations in operating metrics highlight shifts in the company’s cost structure and tax liabilities over the reporting periods.