Mumbai, February 04, 2025 – GeeCee Ventures Ltd. (BSE: 532764, NSE: GEECEE) has reported its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2024. The company showcased significant revenue growth and profitability, underpinned by strong performance in the real estate and financial services segments.
Key Financial Highlights (Standalone)
Quarter Ended December 31, 2024:
Particulars
Q3 FY2025
Q2 FY2025
Q3 FY2024
YoY Growth
QoQ Growth
Revenue from Operations
₹5,431.70 lakh
₹2,868.67 lakh
₹1,287.97 lakh
321.7%
89.5%
Profit Before Tax (PBT)
₹2,121.90 lakh
₹1,468.41 lakh
₹910.71 lakh
133.0%
44.5%
Net Profit
₹1,624.18 lakh
₹1,222.66 lakh
₹871.11 lakh
86.5%
32.9%
Earnings Per Share (EPS)
₹7.77
₹5.85
₹4.17
86.3%
32.8%
Revenue more than tripled YoY and grew 89.5% QoQ, reflecting strong sales from its real estate and financial services verticals.
Net profit surged 86.5% YoY, fueled by higher revenue and controlled expenses.
EPS improved to ₹7.77, up from ₹4.17 in Q3 FY2024.
Nine Months Ended December 31, 2024:
Particulars
9M FY2025
9M FY2024
YoY Growth
Revenue from Operations
₹11,210.34 lakh
₹3,175.79 lakh
252.8%
Profit Before Tax (PBT)
₹4,769.39 lakh
₹2,002.05 lakh
138.3%
Net Profit
₹3,800.84 lakh
₹1,816.04 lakh
109.2%
Key Financial Highlights (Consolidated)
Quarter Ended December 31, 2024:
Particulars
Q3 FY2025
Q2 FY2025
Q3 FY2024
YoY Growth
QoQ Growth
Revenue from Operations
₹5,873.58 lakh
₹2,922.46 lakh
₹1,371.67 lakh
328.5%
101.0%
Profit Before Tax (PBT)
₹2,549.15 lakh
₹1,513.36 lakh
₹981.93 lakh
159.5%
68.4%
Net Profit
₹1,951.00 lakh
₹1,254.91 lakh
₹919.50 lakh
112.2%
55.5%
EPS
₹9.33
₹6.00
₹4.40
112.0%
55.5%
Consolidated revenue surged by 328.5% YoY, with QoQ growth exceeding 100%.
PBT increased by 159.5% YoY, demonstrating the company’s profitability strength.
Net profit more than doubled YoY, and EPS stood at ₹9.33, reflecting robust earnings growth.
Segment-Wise Performance
Segment
Revenue (₹ lakh)
Profit Before Tax (₹ lakh)
Real Estate
4,743.06
1,709.15
Financial Services
1,103.60
993.92
Others
26.92
(21.85)
Real Estate remained the primary revenue driver, contributing ₹4,743.06 lakh in Q3 FY2025.
Financial Services also delivered strong growth, reporting revenue of ₹1,103.60 lakh.
The company continues to optimize its other businesses, minimizing losses.
Corporate Announcements
Leadership Changes:
Mr. Gaurav Shyamsukha has been re-designated and appointed as Managing Director for a three-year term, effective February 01, 2025, to February 01, 2028.
Mr. Shyamsukha, a Chartered Accountant with over 16 years of experience, brings expertise in finance, real estate, and corporate strategy.
Secretarial Auditor Appointment:
The board appointed M/s. Avani Gandhi & Associates as Secretarial Auditor for FY2024-25.
Regulatory Updates:
Application filed to strike off GeeCee Comtrade LLP, a subsidiary, with updates to be shared upon confirmation.
Management Commentary
Mr. Gaurav Shyamsukha, Managing Director, stated: "GeeCee Ventures has demonstrated remarkable financial strength this quarter, driven by our core businesses. The real estate and financial services segments continue to fuel our growth, and we are committed to delivering long-term value for our stakeholders. With strategic initiatives in place, we remain confident in sustaining this momentum into the next fiscal year."
Strategic Outlook
The real estate division is poised for continued expansion, with new projects in the pipeline.
Financial services continue to grow, with plans to enhance lending and investment operations.
The company remains focused on operational efficiencies, leveraging market opportunities for sustained profitability.
With a strong financial performance, leadership reinforcement, and strategic growth initiatives, GeeCee Ventures remains well-positioned for future success. Stock Market Reaction: With the announcement of higher-than-expected earnings and strong revenue growth, investor sentiment is expected to be positive, potentially driving stock price momentum in upcoming trading sessions.