Mumbai, January 30, 2025
Margo Finance Limited has released its unaudited financial results for the quarter and nine months ending December 31, 2024. The results were approved at the company's board meeting held on January 30, 2025.Key Financial Highlights (₹ in lakhs)
| Particulars | Q3 FY25 | Q3 FY24 | QoQ (%) | 9M FY25 | 9M FY24 | YoY (%) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 16.44 | 7.63 | 115.5% | 124.67 | 75.36 | 65.5% |
| Total Income | 16.44 | 7.73 | 112.7% | 124.77 | 81.62 | 52.9% |
| Total Expenses | 9.09 | 11.01 | -17.5% | 29.14 | 38.06 | -23.5% |
| Profit Before Tax (PBT) | 7.35 | (3.28) | N/A | 95.63 | 32.72 | 192.4% |
| Profit After Tax (PAT) | (4.59) | 44.41 | N/A | 55.42 | 24.28 | 128.3% |
| Total Comprehensive Income | (1,150.30) | 9,067.65 | N/A | 3,991.42 | 10,939.85 | -63.5% |
- Basic & Diluted EPS stood at ₹ (0.10) for Q3 FY25, compared to ₹ 1.21 in Q2 FY25.
Segment Performance & Strategic Insights
- Investment-Driven Revenue Growth: Revenue from operations rose significantly, driven by strong gains on investment sales, which contributed ₹ 55.52 lakh in Q3 FY25.
- Lower Operating Expenses: Total expenses saw a YoY reduction of 23.5%, indicating improved operational efficiency.
- Other Comprehensive Income Decline: Due to fair value fluctuations in financial assets, OCI decreased sharply to ₹ (1,205.72) lakh, impacting the overall comprehensive income.
Management Commentary
Anil Kumar Jain, Chairman, Margo Finance Limited, stated:"We continue to strengthen our investment portfolio, optimizing returns while maintaining a disciplined cost structure. The improved topline performance reflects strategic investment decisions, and we aim to sustain this trajectory in the coming quarters."
Auditor’s Limited Review Report
The financial results were reviewed by the statutory auditors, which confirmed compliance with Ind AS standards and SEBI regulations. The report highlighted that the financials present a true and fair view without any material misstatements.Outlook
- The company remains focused on expanding its financial services portfolio.
- Strategic cost control measures are expected to further enhance profitability.
- Market conditions and investment gains will be crucial to sustaining revenue growth.