Ethos Limited reported its Q3FY25 financial results, showcasing strong revenue growth and improved profitability. The company’s net profit increased to ₹29.48 crore, marking a 15.6% year-on-year (YoY) growth from ₹25.51 crore in Q3FY24.
Key Financial Highlights (Q3FY25 vs Q3FY24)
- Revenue from operations surged 31.6% YoY to ₹369.93 crore, compared to ₹281.22 crore in Q3FY24.
- Total income stood at ₹375.67 crore, up from ₹287.46 crore in the year-ago period.
- Total expenses increased to ₹334.81 crore, compared to ₹253.24 crore in Q3FY24, mainly due to a rise in stock-in-trade purchases and employee expenses.
- Profit before tax (PBT) rose 17.9% YoY to ₹40.61 crore, compared to ₹34.35 crore in Q3FY24.
- Tax expenses for the quarter stood at ₹11.26 crore, slightly up from ₹8.84 crore last year.
- Net profit after tax came in at ₹29.48 crore, up 15.6% YoY from ₹25.51 crore in Q3FY24.
Nine-Month Performance (9MFY25 vs 9MFY24)
- Total revenue jumped 25.9% YoY to ₹958.58 crore, compared to ₹761.66 crore in the same period last year.
- Net profit increased 18.1% YoY to ₹73.53 crore, compared to ₹62.26 crore in 9MFY24.
The company continues to strengthen its position in the luxury watch segment, with robust sales driving top-line growth. Despite rising costs, Ethos has sustained profitability growth, reflecting strong demand and operational efficiency.
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