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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 736.78 % in the past year, substantial increase in net sales/revenue by 111.57 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 48.48%.
- Profit over the Year and quarter: Significant improvement in profitability for HARSHIL AGROTECH LIMITED. Notable increase of 2955.41 % in net profit Year to Year, HARSHIL AGROTECH LIMITED’s profitability increased by 432.41 % in this quarter.
- EPS over the Year and quarter: EPS increased by 347.62 % Year to Year. EPS increased by 13.25 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.874 Cr | Rs. 11.367 Cr | Rs. 24.049 Cr | + 111.57 % | + 736.78 % |
Expenses | Rs. 2.66 Cr | Rs. 10.18 Cr | Rs. 19.06 Cr | + 87.23 % | + 616.54 % |
Operating Profit | Rs. 0.21 Cr | Rs. 1.19 Cr | Rs. 4.99 Cr | + 319.33 % | + 2276.19 % |
OPM % | 7.31 % | 10.47 % | 20.75 % | + 10.28 % | + 13.44 % |
Other Income | Rs. 0 Cr | Rs. 0.033 Cr | Rs. 0.049 Cr | + 48.48 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.21 Cr | Rs. 1.22 Cr | Rs. 5.04 Cr | + 313.11 % | + 2300 % |
Tax % | 25.94 % | 26.09 % | 4.76 % | -21.33 % | -21.18 % |
Net Profit | Rs. 0.16 Cr | Rs. 0.9 Cr | Rs. 4.8 Cr | + 433.33 % | + 2900 % |
EPS in Rs | Rs. 0.21 | Rs. 0.83 | Rs. 0.94 | + 13.25 % | + 347.62 % |
Today, we’re looking at HARSHIL AGROTECH 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 736.78 %. However, it did see a marginal increase of 111.57 % from the previous quarter. Expenses ticked up slightly by 87.23 % quarter-on-quarter, aligning with the annual rise of 616.54 %. Operating profit, while up 2276.19 % compared to last year, faced a quarter-on-quarter increase of 319.33 %, 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 13.44 %, but an expansion of 10.28 % sequentially. Other income rose by 48.48 % compared to the last quarter, Profit before tax grew annually by 2300 % but saw an increase from the preceding quarter by 313.11 %.
Tax expenses as a percentage of profits decreased slightly by -21.18 % compared to last year, with a more notable quarter-on-quarter decrease of -21.33 %. Net profit rose by 2900 % year-on-year but experienced a 433.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 347.62 % but a quarterly rise of 13.25 %. In summary, HARSHIL AGROTECH 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. 2.874 Cr | Rs. 11.367 Cr | Rs. 24.049 Cr | + 111.57 % | + 736.78 % |
Expenses | Rs. 2.66 Cr | Rs. 10.18 Cr | Rs. 19.06 Cr | + 87.23 % | + 616.54 % |
Operating Profit | Rs. 0.21 Cr | Rs. 1.19 Cr | Rs. 4.99 Cr | + 319.33 % | + 2276.19 % |
Net Profit | Rs. 0.16 Cr | Rs. 0.9 Cr | Rs. 4.8 Cr | + 433.33 % | + 2900 % |
EPS in Rs | Rs. 0.21 | Rs. 0.83 | Rs. 0.94 | + 13.25 % | + 347.62 % |
In reviewing HARSHIL AGROTECH LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 736.78 % year-on-year growth, however, there was a minor increase of 111.57 % from the previous quarter. Expenses rose by 616.54 % compared to the previous year, with a 87.23 % increase quarter-on-quarter. Operating Profit surged by 2276.19 % annually, and saw a 319.33 % increase from the last quarter.
Net Profit showed yearly increase of 2900 %, and experienced a 433.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 347.62 % annually, however rose by 13.25 % compared to the last quarter. In essence, while HARSHIL AGROTECH 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.
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