DAM Capital Advisors’ stock soared 6.89% to ₹299.25 on the NSE as of 9:45 AM, following the announcement of its impressive Q3 FY25 results. The company posted robust growth in revenue and profitability, primarily driven by the stellar performance of its investment banking division. The stock opened at ₹302.00 and reached an intraday high of ₹314.50, as investors cheered the quarterly results.

The company reported a revenue of ₹103.98 crore for Q3 FY25, reflecting a 64.2% increase compared to ₹63.32 crore in Q2 FY25. Investment banking was the primary growth driver, contributing ₹80.35 crore, up 113.9% from ₹37.57 crore in the previous quarter. However, the stock broking segment witnessed a decline, generating ₹20.38 crore, down 11.2% QoQ, indicating subdued market activity in that space.

Operational efficiencies also played a key role in the company’s improved performance. Employee expenses as a percentage of revenue dropped significantly to 26.6% in Q3 FY25 from 39.3% in Q2 FY25. This cost control contributed to a sharp rise in the EBITDA margin, which expanded to 68.21%, a 1473-basis-point increase from 53.47% in the prior quarter. The company’s EBITDA surged 109.5% QoQ to ₹70.92 crore, further solidifying its profitability.

Net profit more than doubled, increasing by 137.7% to ₹51.51 crore in Q3 FY25 compared to ₹21.67 crore in Q2 FY25. This remarkable growth was attributed to the strong revenue performance in investment banking and the efficient management of operational costs.

Despite a broader market decline, with key indices such as the Sensex and Nifty trading in the red, DAM Capital Advisors’ strong performance and growth prospects have sparked optimism among investors. With its investment banking segment showing significant momentum, the company is well-positioned for continued growth in the coming quarters.

Disclaimer:

The above article is for informational purposes only. Please consult your financial advisor before making any investment decisions. Business Upturn does not recommend buying or selling any stock.