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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 7.35 % in the past year, substantial increase in net sales/revenue by 4.84 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -47.97 %, Marginal decrease of -74.68% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for ramkrishna forgings Ltd.. Notable increase of 130.87 % in net profit Year to Year, ramkrishna forgings Ltd.’s profitability increased by 134.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 104.09 % Year to Year. EPS increased by 134.15 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 981.491 Cr | Rs. 1005.021 Cr | Rs. 1053.629 Cr | + 4.84 % | + 7.35 % |
Expenses | Rs. 775.89 Cr | Rs. 797.2 Cr | Rs. 820.88 Cr | + 2.97 % | + 5.8 % |
Operating Profit | Rs. 205.6 Cr | Rs. 207.82 Cr | Rs. 232.75 Cr | + 12 % | + 13.21 % |
OPM % | 20.95 % | 20.68 % | 22.09 % | + 1.41 % | + 1.14 % |
Other Income | Rs. 4.161 Cr | Rs. 8.551 Cr | Rs. 2.165 Cr | -74.68 % | -47.97 % |
Interest | Rs. 39.06 Cr | Rs. 37.79 Cr | Rs. 38.54 Cr | + 1.98 % | -1.33 % |
Depreciation | Rs. 60.9 Cr | Rs. 62.47 Cr | Rs. 60.36 Cr | -3.38 % | -0.89 % |
Profit before tax | Rs. 109.8 Cr | Rs. 116.11 Cr | Rs. 136.02 Cr | + 17.15 % | + 23.88 % |
Tax % | 25.15 % | 30.32 % | 20.46 % | -9.86 % | -4.69 % |
Net Profit | Rs. 82.2 Cr | Rs. 80.9 Cr | Rs. 189.77 Cr | + 134.57 % | + 130.86 % |
EPS in Rs | Rs. 5.05 | Rs. 4.47 | Rs. 10.48 | + 134.45 % | + 107.52 % |
Today, we’re looking at ramkrishna forgings Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 7.35 %. However, it did see a marginal increase of 4.84 % from the previous quarter. Expenses ticked up slightly by 2.97 % quarter-on-quarter, aligning with the annual rise of 5.8 %. Operating profit, while up 13.21 % compared to last year, faced a quarter-on-quarter increase of 12 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.14 %, but an expansion of 1.41 % sequentially. Other income fell by -74.68 % compared to the last quarter, despite an annual decline of -47.97 %. Interest expenses surged remarkably by 1.98 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.33 %. Depreciation costs fell by -3.38 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.89 %. Profit before tax grew annually by 23.88 % but saw an increase from the preceding quarter by 17.15 %.
Tax expenses as a percentage of profits decreased slightly by -4.69 % compared to last year, with a more notable quarter-on-quarter decrease of -9.86 %. Net profit rose by 130.86 % year-on-year but experienced a 134.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 107.52 % but a quarterly rise of 134.45 %. In summary, ramkrishna forgings Ltd.’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 981.491 Cr | Rs. 1005.021 Cr | Rs. 1053.629 Cr | + 4.84 % | + 7.35 % |
Expenses | Rs. 775.89 Cr | Rs. 797.2 Cr | Rs. 820.88 Cr | + 2.97 % | + 5.8 % |
Operating Profit | Rs. 205.6 Cr | Rs. 207.82 Cr | Rs. 232.75 Cr | + 12 % | + 13.21 % |
Net Profit | Rs. 82.2 Cr | Rs. 80.9 Cr | Rs. 189.77 Cr | + 134.57 % | + 130.86 % |
EPS in Rs | Rs. 5.05 | Rs. 4.47 | Rs. 10.48 | + 134.45 % | + 107.52 % |
In reviewing ramkrishna forgings Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.35 % year-on-year growth, however, there was a minor increase of 4.84 % from the previous quarter. Expenses rose by 5.8 % compared to the previous year, with a 2.97 % increase quarter-on-quarter. Operating Profit surged by 13.21 % annually, and saw a 12 % increase from the last quarter.
Net Profit showed yearly increase of 130.86 %, and experienced a 134.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 107.52 % annually, however rose by 134.45 % compared to the last quarter. In essence, while ramkrishna forgings Ltd. exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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