Starteck Finance Limited (NSE: STARTECK, BSE: 512381) has announced its financial results for the third quarter (Q3) and nine months (9M) ended December 31, 2024, showcasing steady revenue growth and stable profitability.
Fee & commission income at ₹1.50 crore, reflecting strong financial advisory services growth.
✔ Operational Efficiency & Cost Management
Finance costs at ₹4.97 crore, controlled effectively.
Provisions & bad debt write-offs remained stable at ₹1.61 crore.
✔ Investment in Growth Opportunities
Strengthening financial services portfolio with diversified investments.
Strategic partnerships to enhance asset growth and returns.
✔ Stable Financial Position & Capital Adequacy
Net worth remains strong, supporting future expansions.
Prudent risk management ensures steady growth.
Segmental Performance
Segment
Q3 FY25 Revenue (₹ crore)
9M FY25 Revenue (₹ crore)
Q3 FY25 Profit (₹ crore)
9M FY25 Profit (₹ crore)
Interest Income
7.24
20.68
4.97
14.35
Fee & Commission
1.50
3.27
1.05
2.96
Other Income
0.12
2.25
0.03
0.08
✔ Interest Income remains the largest revenue contributor, accounting for over 82% of total revenue.
Financial Position & Future Expansion Plans
✔ Scaling Financial Services Portfolio
Enhancing lending & investment operations for sustainable growth.
Diversification across multiple asset classes.
✔ Strategic Cost Optimization
Optimizing capital structure for better returns.
Efficient operational cost management to maximize profitability.
✔ Digital Transformation in Financial Services
Investing in fintech-driven financial products & advisory services.
Expanding digital lending capabilities.
Market Outlook & Future Growth Plans
✔ Rising Demand for Financial Services
Growing opportunities in NBFCs & wealth management sectors.
✔ Sustained Profitability & Risk Management
Maintaining strong capital adequacy ratios.
Enhancing credit assessment models to mitigate risk.
✔ Potential for Future Mergers & Acquisitions
Exploring strategic partnerships & acquisitions to scale operations.
Conclusion
Starteck Finance has delivered strong profitability in Q3 FY 2024-25, with rising revenue, controlled costs, and a robust financial position. With strategic investments in financial services, digital transformation, and operational efficiency, the company is well-positioned for long-term growth.