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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 experienced a substantial growth of 249.5 % in the past year, substantial increase in net sales/revenue by 121.9 %.
- 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 288.58 %. Marginal increase in other income during this quarter, up by 23.24%.
- Profit over the Year and quarter: Significant improvement in profitability for WAAREE RENEWABLE TECHNOLOGIES LIMITED. Notable increase of 192.58 % in net profit Year to Year, WAAREE RENEWABLE TECHNOLOGIES LIMITED’s profitability increased by 90.04 % in this quarter.
- EPS over the Year and quarter: EPS declined by -41.59 % Year to Year. EPS increased by 88.97 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 150.063 Cr | Rs. 236.355 Cr | Rs. 524.466 Cr | + 121.9 % | + 249.5 % |
Expenses | Rs. 121.97 Cr | Rs. 195.27 Cr | Rs. 452.9 Cr | + 131.94 % | + 271.32 % |
Operating Profit | Rs. 28.09 Cr | Rs. 41.09 Cr | Rs. 71.57 Cr | + 74.18 % | + 154.79 % |
OPM % | 18.72 % | 17.38 % | 13.65 % | -3.73 % | -5.07 % |
Other Income | Rs. 0.876 Cr | Rs. 2.762 Cr | Rs. 3.404 Cr | + 23.24 % | + 288.58 % |
Interest | Rs. 2.43 Cr | Rs. 3.03 Cr | Rs. 4.09 Cr | + 34.98 % | + 68.31 % |
Depreciation | Rs. 1.41 Cr | Rs. 1.54 Cr | Rs. 1.58 Cr | + 2.6 % | + 12.06 % |
Profit before tax | Rs. 25.13 Cr | Rs. 39.28 Cr | Rs. 69.3 Cr | + 76.43 % | + 175.77 % |
Tax % | 27.19 % | 28.3 % | 22.78 % | -5.52 % | -4.41 % |
Net Profit | Rs. 18.29 Cr | Rs. 28.16 Cr | Rs. 53.52 Cr | + 90.06 % | + 192.62 % |
EPS in Rs | Rs. 8.77 | Rs. 2.71 | Rs. 5.12 | + 88.93 % | -41.62 % |
Today, we’re looking at WAAREE RENEWABLE TECHNOLOGIES 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 249.5 %. However, it did see a marginal increase of 121.9 % from the previous quarter. Expenses ticked up slightly by 131.94 % quarter-on-quarter, aligning with the annual rise of 271.32 %. Operating profit, while up 154.79 % compared to last year, faced a quarter-on-quarter increase of 74.18 %, 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 -5.07 %, but a shrinkage of -3.73 % sequentially. Other income rose by 23.24 % compared to the last quarter, despite an annual growth of 288.58 %. Interest expenses surged remarkably by 34.98 % from the previous quarter, yet the year-over-year increase remains at a moderate 68.31 %. Depreciation costs climbed by 2.6 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.06 %. Profit before tax grew annually by 175.77 % but saw an increase from the preceding quarter by 76.43 %.
Tax expenses as a percentage of profits decreased slightly by -4.41 % compared to last year, with a more notable quarter-on-quarter decrease of -5.52 %. Net profit rose by 192.62 % year-on-year but experienced a 90.06 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -41.62 % but a quarterly rise of 88.93 %. In summary, WAAREE RENEWABLE TECHNOLOGIES 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. 150.063 Cr | Rs. 236.355 Cr | Rs. 524.466 Cr | + 121.9 % | + 249.5 % |
Expenses | Rs. 121.97 Cr | Rs. 195.27 Cr | Rs. 452.9 Cr | + 131.94 % | + 271.32 % |
Operating Profit | Rs. 28.09 Cr | Rs. 41.09 Cr | Rs. 71.57 Cr | + 74.18 % | + 154.79 % |
Net Profit | Rs. 18.29 Cr | Rs. 28.16 Cr | Rs. 53.52 Cr | + 90.06 % | + 192.62 % |
EPS in Rs | Rs. 8.77 | Rs. 2.71 | Rs. 5.12 | + 88.93 % | -41.62 % |
In reviewing WAAREE RENEWABLE TECHNOLOGIES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 249.5 % year-on-year growth, however, there was a minor increase of 121.9 % from the previous quarter. Expenses rose by 271.32 % compared to the previous year, with a 131.94 % increase quarter-on-quarter. Operating Profit surged by 154.79 % annually, and saw a 74.18 % increase from the last quarter.
Net Profit showed yearly increase of 192.62 %, and experienced a 90.06 % increase from the previous quarter. Earnings Per Share (EPS) fell by -41.62 % annually, however rose by 88.93 % compared to the last quarter. In essence, while WAAREE RENEWABLE TECHNOLOGIES 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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