Share the post "TGV SRAAC Reports Q2: Revenue Up by 18.79% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 18.79 % in the past year, substantial increase in net sales/revenue by 12.92 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -90.47 %, Marginal decrease of -18.09% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for TGV SRAAC LIMITED. Notable increase of 76.88 % in net profit Year to Year, TGV SRAAC LIMITED’s profitability increased by 139.97 % in this quarter.
- EPS over the Year and quarter: EPS increased by 76.44 % Year to Year. EPS increased by 141.73 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 360.35 Cr | Rs. 379.07 Cr | Rs. 428.06 Cr | + 12.92 % | + 18.79 % |
Expenses | Rs. 333.13 Cr | Rs. 336.94 Cr | Rs. 359.62 Cr | + 6.73 % | + 7.95 % |
Operating Profit | Rs. 27.22 Cr | Rs. 42.13 Cr | Rs. 68.44 Cr | + 62.45 % | + 151.43 % |
OPM % | 7.55 % | 11.11 % | 15.99 % | + 4.88 % | + 8.44 % |
Other Income | Rs. 24.25 Cr | Rs. 2.82 Cr | Rs. 2.31 Cr | -18.09 % | -90.47 % |
Interest | Rs. 5.34 Cr | Rs. 5.51 Cr | Rs. 5.15 Cr | -6.53 % | -3.56 % |
Depreciation | Rs. 20.65 Cr | Rs. 20.77 Cr | Rs. 21.02 Cr | + 1.2 % | + 1.79 % |
Profit before tax | Rs. 25.48 Cr | Rs. 18.67 Cr | Rs. 44.58 Cr | + 138.78 % | + 74.96 % |
Tax % | 26.77 % | 26.3 % | 26.02 % | -0.28 % | -0.75 % |
Net Profit | Rs. 18.6 Cr | Rs. 13.71 Cr | Rs. 32.9 Cr | + 139.97 % | + 76.88 % |
EPS in Rs | Rs. 1.74 | Rs. 1.27 | Rs. 3.07 | + 141.73 % | + 76.44 % |
Today, we’re looking at TGV SRAAC LIMITED’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 18.79 %. However, it did see a marginal increase of 12.92 % from the previous quarter. Expenses ticked up slightly by 6.73 % quarter-on-quarter, aligning with the annual rise of 7.95 %. Operating profit, while up 151.43 % compared to last year, faced a quarter-on-quarter increase of 62.45 %, 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 8.44 %, but an expansion of 4.88 % sequentially. Other income fell by -18.09 % compared to the last quarter, despite an annual decline of -90.47 %. Interest expenses dropped significantly by -6.53 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.56 %. Depreciation costs climbed by 1.2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.79 %. Profit before tax grew annually by 74.96 % but saw an increase from the preceding quarter by 138.78 %.
Tax expenses as a percentage of profits decreased slightly by -0.75 % compared to last year, with a more notable quarter-on-quarter decrease of -0.28 %. Net profit rose by 76.88 % year-on-year but experienced a 139.97 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 76.44 % but a quarterly rise of 141.73 %. In summary, TGV SRAAC 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. 360.35 Cr | Rs. 379.07 Cr | Rs. 428.06 Cr | + 12.92 % | + 18.79 % |
Expenses | Rs. 333.13 Cr | Rs. 336.94 Cr | Rs. 359.62 Cr | + 6.73 % | + 7.95 % |
Operating Profit | Rs. 27.22 Cr | Rs. 42.13 Cr | Rs. 68.44 Cr | + 62.45 % | + 151.43 % |
Net Profit | Rs. 18.6 Cr | Rs. 13.71 Cr | Rs. 32.9 Cr | + 139.97 % | + 76.88 % |
EPS in Rs | Rs. 1.74 | Rs. 1.27 | Rs. 3.07 | + 141.73 % | + 76.44 % |
In reviewing TGV SRAAC LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.79 % year-on-year growth, however, there was a minor increase of 12.92 % from the previous quarter. Expenses rose by 7.95 % compared to the previous year, with a 6.73 % increase quarter-on-quarter. Operating Profit surged by 151.43 % annually, and saw a 62.45 % increase from the last quarter.
Net Profit showed yearly increase of 76.88 %, and experienced a 139.97 % increase from the previous quarter. Earnings Per Share (EPS) rose by 76.44 % annually, however rose by 141.73 % compared to the last quarter. In essence, while TGV SRAAC LIMITED 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.
[my_shortcode1 values=”TGV SRAAC LIMITED”]