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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’s sales declined by -1.25 % over the year, substantial increase in net sales/revenue by 10.31 %.
- 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 372.04 %. Marginal increase in other income during this quarter, up by 3100.74%.
- Profit over the Year and quarter: Significant improvement in profitability for Rane Holdings Ltd.. Notable increase of 263.03 % in net profit Year to Year, Rane Holdings Ltd.’s profitability increased by 850.77 % in this quarter.
- EPS over the Year and quarter: EPS increased by 337.25 % Year to Year. EPS increased by 1254.08 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 928.13 Cr | Rs. 830.85 Cr | Rs. 916.5 Cr | + 10.31 % | -1.25 % |
Expenses | Rs. 857.86 Cr | Rs. 757.63 Cr | Rs. 835.27 Cr | + 10.25 % | -2.63 % |
Operating Profit | Rs. 70.27 Cr | Rs. 73.22 Cr | Rs. 81.23 Cr | + 10.94 % | + 15.6 % |
OPM % | 7.57 % | 8.81 % | 8.86 % | + 0.05 % | + 1.29 % |
Other Income | Rs. -79.77 Cr | Rs. 6.78 Cr | Rs. 217.01 Cr | + 3100.74 % | + 372.04 % |
Interest | Rs. 17.12 Cr | Rs. 17.45 Cr | Rs. 19.92 Cr | + 14.15 % | + 16.36 % |
Depreciation | Rs. 34.95 Cr | Rs. 33.49 Cr | Rs. 35.12 Cr | + 4.87 % | + 0.49 % |
Profit before tax | Rs. -61.57 Cr | Rs. 29.06 Cr | Rs. 243.2 Cr | + 736.89 % | + 495 % |
Tax % | -157.12 % | 45.25 % | 25.7 % | -19.55 % | + 182.82 % |
Net Profit | Rs. 51.07 Cr | Rs. 19.5 Cr | Rs. 185.4 Cr | + 850.77 % | + 263.03 % |
EPS in Rs | Rs. 28.46 | Rs. 9.19 | Rs. 124.44 | + 1254.08 % | + 337.25 % |
Today, we’re looking at Rane Holdings Ltd.’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 -1.25 %. However, it did see a marginal increase of 10.31 % from the previous quarter. Expenses ticked up slightly by 10.25 % quarter-on-quarter, aligning with the annual decline of -2.63 %. Operating profit, while up 15.6 % compared to last year, faced a quarter-on-quarter increase of 10.94 %, 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 1.29 %, but an expansion of 0.05 % sequentially. Other income rose by 3100.74 % compared to the last quarter, despite an annual growth of 372.04 %. Interest expenses surged remarkably by 14.15 % from the previous quarter, yet the year-over-year increase remains at a moderate 16.36 %. Depreciation costs climbed by 4.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.49 %. Profit before tax grew annually by 495 % but saw an increase from the preceding quarter by 736.89 %.
Tax expenses as a percentage of profits increased slightly by 182.82 % compared to last year, with a more notable quarter-on-quarter decrease of -19.55 %. Net profit rose by 263.03 % year-on-year but experienced a 850.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 337.25 % but a quarterly rise of 1254.08 %. In summary, Rane Holdings 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. 928.13 Cr | Rs. 830.85 Cr | Rs. 916.5 Cr | + 10.31 % | -1.25 % |
Expenses | Rs. 857.86 Cr | Rs. 757.63 Cr | Rs. 835.27 Cr | + 10.25 % | -2.63 % |
Operating Profit | Rs. 70.27 Cr | Rs. 73.22 Cr | Rs. 81.23 Cr | + 10.94 % | + 15.6 % |
Net Profit | Rs. 51.07 Cr | Rs. 19.5 Cr | Rs. 185.4 Cr | + 850.77 % | + 263.03 % |
EPS in Rs | Rs. 28.46 | Rs. 9.19 | Rs. 124.44 | + 1254.08 % | + 337.25 % |
In reviewing Rane Holdings Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.25 % year-on-year, however, there was a minor increase of 10.31 % from the previous quarter. Expenses decreased by -2.63 % compared to the previous year, with a 10.25 % increase quarter-on-quarter. Operating Profit surged by 15.6 % annually, and saw a 10.94 % increase from the last quarter.
Net Profit showed yearly increase of 263.03 %, and experienced a 850.77 % increase from the previous quarter. Earnings Per Share (EPS) rose by 337.25 % annually, however rose by 1254.08 % compared to the last quarter. In essence, while Rane Holdings 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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