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Kenvi Jewels ‘s Latest Q2 Report: Profit Up by 41.67% Year-on-Year

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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 34.06 % in the past year, substantial increase in net sales/revenue by 55.61 %.
  • Profit over the Year and quarter: Significant improvement in profitability for Kenvi Jewels Limited. Notable increase of 46.09 % in net profit Year to Year, Kenvi Jewels Limited’s profitability increased by 5.66 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Kenvi Jewels Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 27.16 Cr Rs. 23.399 Cr Rs. 36.411 Cr + 55.61 % + 34.06 %
Expenses Rs. 26.93 Cr Rs. 23.03 Cr Rs. 36.03 Cr + 56.45 % + 33.79 %
Operating Profit Rs. 0.23 Cr Rs. 0.37 Cr Rs. 0.38 Cr + 2.7 % + 65.22 %
OPM % 0.85 % 1.58 % 1.04 % -0.54 % + 0.19 %
Other Income Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Interest Rs. 0.09 Cr Rs. 0.16 Cr Rs. 0.18 Cr + 12.5 % + 100 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.14 Cr Rs. 0.21 Cr Rs. 0.2 Cr -4.76 % + 42.86 %
Tax % 20.69 % 23.92 % 15.15 % -8.77 % -5.54 %
Net Profit Rs. 0.12 Cr Rs. 0.16 Cr Rs. 0.17 Cr + 6.25 % + 41.67 %
EPS in Rs Rs. 0.01 Rs. 0.01 Rs. 0.01 + 0 % + 0 %


Today, we’re looking at Kenvi Jewels 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 34.06 %. However, it did see a marginal increase of 55.61 % from the previous quarter. Expenses ticked up slightly by 56.45 % quarter-on-quarter, aligning with the annual rise of 33.79 %. Operating profit, while up 65.22 % compared to last year, faced a quarter-on-quarter increase of 2.7 %, 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 0.19 %, but a shrinkage of -0.54 % sequentially. Interest expenses surged remarkably by 12.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Profit before tax grew annually by 42.86 % but saw a reduction from the preceding quarter by -4.76 %.
Tax expenses as a percentage of profits decreased slightly by -5.54 % compared to last year, with a more notable quarter-on-quarter decrease of -8.77 %. Net profit rose by 41.67 % year-on-year but experienced a 6.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 0 %. In summary, Kenvi Jewels 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. 27.16 Cr Rs. 23.399 Cr Rs. 36.411 Cr + 55.61 % + 34.06 %
Expenses Rs. 26.93 Cr Rs. 23.03 Cr Rs. 36.03 Cr + 56.45 % + 33.79 %
Operating Profit Rs. 0.23 Cr Rs. 0.37 Cr Rs. 0.38 Cr + 2.7 % + 65.22 %
Net Profit Rs. 0.12 Cr Rs. 0.16 Cr Rs. 0.17 Cr + 6.25 % + 41.67 %
EPS in Rs Rs. 0.01 Rs. 0.01 Rs. 0.01 + 0 % + 0 %


In reviewing Kenvi Jewels Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.06 % year-on-year growth, however, there was a minor increase of 55.61 % from the previous quarter. Expenses rose by 33.79 % compared to the previous year, with a 56.45 % increase quarter-on-quarter. Operating Profit surged by 65.22 % annually, and saw a 2.7 % increase from the last quarter.
Net Profit showed yearly increase of 41.67 %, and experienced a 6.25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 0 % compared to the last quarter. In essence, while Kenvi Jewels 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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