Share the post "Astec LifeSciences ‘s Q2 Results: Profit Drops by 187.26% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -11.05 % over the year, substantial increase in net sales/revenue by 42.05 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 104.19 %. Marginal increase in other income during this quarter, up by 116.34%.
- Profit over the Year and quarter: Significant improvement in profitability for Astec LifeSciences Limited. Notable increase of 187.36 % in net profit Year to Year, Astec LifeSciences Limited’s profitability dropped by -2.94 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 187.01 % Year to Year. EPS decreased by -2.96 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 110.789 Cr | Rs. 69.373 Cr | Rs. 98.546 Cr | + 42.05 % | -11.05 % |
Expenses | Rs. 114.22 Cr | Rs. 115.63 Cr | Rs. 118.28 Cr | + 2.29 % | + 3.55 % |
Operating Profit | Rs. -3.43 Cr | Rs. -46.26 Cr | Rs. -19.73 Cr | + 57.35 % | -475.22 % |
OPM % | -3.1 % | -66.68 % | -20.02 % | + 46.66 % | -16.92 % |
Other Income | Rs. 0.979 Cr | Rs. 0.924 Cr | Rs. 1.999 Cr | + 116.34 % | + 104.19 % |
Interest | Rs. 5.99 Cr | Rs. 7.04 Cr | Rs. 9.34 Cr | + 32.67 % | + 55.93 % |
Depreciation | Rs. 9.16 Cr | Rs. 9.27 Cr | Rs. 11.47 Cr | + 23.73 % | + 25.22 % |
Profit before tax | Rs. -17.6 Cr | Rs. -61.65 Cr | Rs. -38.54 Cr | + 37.49 % | -118.98 % |
Tax % | -23.76 % | -35.57 % | -0.02 % | + 35.55 % | + 23.74 % |
Net Profit | Rs. -13.42 Cr | Rs. -39.72 Cr | Rs. -38.55 Cr | + 2.95 % | -187.26 % |
EPS in Rs | Rs. -6.85 | Rs. -20.26 | Rs. -19.66 | + 2.96 % | -187.01 % |
Today, we’re looking at Astec LifeSciences Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -11.05 %. However, it did see a marginal increase of 42.05 % from the previous quarter. Expenses ticked up slightly by 2.29 % quarter-on-quarter, aligning with the annual rise of 3.55 %. Operating profit, while down -475.22 % compared to last year, faced a quarter-on-quarter increase of 57.35 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -16.92 %, but an expansion of 46.66 % sequentially. Other income rose by 116.34 % compared to the last quarter, despite an annual growth of 104.19 %. Interest expenses surged remarkably by 32.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 55.93 %. Depreciation costs climbed by 23.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25.22 %. Profit before tax declined annually by -118.98 % but saw an increase from the preceding quarter by 37.49 %.
Tax expenses as a percentage of profits increased slightly by 23.74 % compared to last year, with a more notable quarter-on-quarter increase of 35.55 %. Net profit fell by -187.26 % year-on-year but experienced a 2.95 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -187.01 % but a quarterly rise of 2.96 %. In summary, Astec LifeSciences Limited’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. 110.789 Cr | Rs. 69.373 Cr | Rs. 98.546 Cr | + 42.05 % | -11.05 % |
Expenses | Rs. 114.22 Cr | Rs. 115.63 Cr | Rs. 118.28 Cr | + 2.29 % | + 3.55 % |
Operating Profit | Rs. -3.43 Cr | Rs. -46.26 Cr | Rs. -19.73 Cr | + 57.35 % | -475.22 % |
Net Profit | Rs. -13.42 Cr | Rs. -39.72 Cr | Rs. -38.55 Cr | + 2.95 % | -187.26 % |
EPS in Rs | Rs. -6.85 | Rs. -20.26 | Rs. -19.66 | + 2.96 % | -187.01 % |
In reviewing Astec LifeSciences Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.05 % year-on-year, however, there was a minor increase of 42.05 % from the previous quarter. Expenses rose by 3.55 % compared to the previous year, with a 2.29 % increase quarter-on-quarter. Operating Profit dropped by -475.22 % annually, and saw a 57.35 % increase from the last quarter.
Net Profit showed yearly decrease of -187.26 %, and experienced a 2.95 % increase from the previous quarter. Earnings Per Share (EPS) fell by -187.01 % annually, however rose by 2.96 % compared to the last quarter. In essence, while Astec LifeSciences Limited faces strong annual decline 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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