EAAA India Alternatives (EDELALTS) Q2 24/25 earnings summary

Executive summary

• Q2 FY25 standalone revenue from operations was ₹20,232.35 lakh and net profit was ₹5,926.05 lakh; H1 revenue was ₹34,573.44 lakh and net profit ₹11,503.53 lakh.

• The unaudited results received an unmodified limited-review conclusion; auditors also reported no issue with asset cover or financial covenant compliance as at September 30, 2024.

Financial highlights

• Q2 total income was ₹20,232.40 lakh versus ₹9,484.07 lakh YoY; H1 total income was ₹34,642.67 lakh versus ₹17,801.49 lakh.

• Q2 profit before tax was ₹7,511.20 lakh versus ₹3,927.77 lakh YoY; H1 PBT was ₹14,886.51 lakh versus ₹6,881.25 lakh.

• Q2 total expenses were ₹12,721.20 lakh versus ₹5,556.30 lakh YoY; H1 expenses were ₹19,756.16 lakh versus ₹10,920.24 lakh.

• Q2 basic and diluted EPS were ₹9.22 each versus ₹4.60 YoY; H1 EPS was ₹17.90 each versus ₹8.04.

• H1 operating cash flow was an outflow of ₹2,863.13 lakh, compared with an outflow of ₹4,959.22 lakh in H1 FY24; period-end cash and equivalents were ₹10,249.97 lakh.

Segment performance

• Operations comprise one reportable segment: investment management to Alternative Investment Funds and advisory services to offshore funds.

• Q2 fee and commission income was ₹11,050.73 lakh versus ₹7,623.35 lakh YoY; net fair-value gains were ₹7,827.91 lakh versus ₹1,420.29 lakh.