Kolkata, January 30, 2025 – Asutosh Enterprises Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a net profit of ₹40.91 lakhs for Q3 FY2024, significantly lower than ₹279.13 lakhs in the previous quarter.
Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY2024 (31.12.2024) | Q2 FY2024 (30.09.2024) | Q3 FY2023 (31.12.2023) | 9M FY2024 (31.12.2024) | 9M FY2023 (31.12.2023) | FY2023 (31.03.2024) |
|---|---|---|---|---|---|---|
| Revenue from Operations | - | - | - | - | - | - |
| Other Income | 4.94 | 386.80 | 381.89 | 391.74 | 763.22 | 763.22 |
| Total Revenue | 4.94 | 386.80 | 381.89 | 391.74 | 763.22 | 763.22 |
| Total Expenses | 1.03 | 1.20 | 0.89 | 8.80 | 6.06 | 8.07 |
| Profit Before Tax (PBT) | 3.91 | 385.60 | 381.00 | 382.94 | 757.16 | 755.15 |
| Net Profit After Tax (PAT) | 40.91 | 279.13 | 275.35 | 313.47 | 546.51 | 529.15 |
| Earnings Per Share (₹) | 1.83 | 12.46 | 12.29 | 13.99 | 24.39 | 23.61 |
Quarterly Performance Overview
- Revenue Performance: The company reported zero revenue from operations for the quarter, with total revenue generated solely from other income, amounting to ₹4.94 lakhs. This is a sharp decline from ₹386.80 lakhs in the previous quarter.
- Expenses: Total expenses stood at ₹1.03 lakhs, primarily consisting of employee benefits expense (₹0.45 lakhs) and other expenses (₹0.58 lakhs).
- Profitability: Net profit for Q3 FY2024 stood at ₹40.91 lakhs, reflecting a sharp decline from ₹279.13 lakhs in Q2 FY2024 and ₹275.35 lakhs in Q3 FY2023. The decrease in profit is attributed to lower other income and tax adjustments.
- Tax Impact: The company reported a net tax benefit of ₹37.00 lakhs for the quarter, compared to a tax expense of ₹106.47 lakhs in the previous quarter.
Nine-Month Performance Summary
- Total revenue for 9M FY2024 was ₹391.74 lakhs, compared to ₹763.22 lakhs in the same period last year.
- Net profit for 9M FY2024 stood at ₹313.47 lakhs, reflecting a decrease from ₹546.51 lakhs in 9M FY2023.
- Earnings per share (EPS) for 9M FY2024 was ₹13.99, compared to ₹24.39 in 9M FY2023.