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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 13.27 % in the past year, substantial increase in net sales/revenue by 3.82 %.
- 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 30.75 %. Marginal increase in other income during this quarter, up by 44.39%.
- Profit over the Year and quarter: Significant improvement in profitability for India Pesticides Limited. Notable increase of 32.8 % in net profit Year to Year, India Pesticides Limited’s profitability increased by 33.01 % in this quarter.
- EPS over the Year and quarter: EPS increased by 32.35 % Year to Year. EPS increased by 33.14 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 201.98 Cr | Rs. 220.36 Cr | Rs. 228.78 Cr | + 3.82 % | + 13.27 % |
Expenses | Rs. 175.01 Cr | Rs. 192.22 Cr | Rs. 195.24 Cr | + 1.57 % | + 11.56 % |
Operating Profit | Rs. 26.97 Cr | Rs. 28.14 Cr | Rs. 33.54 Cr | + 19.19 % | + 24.36 % |
OPM % | 13.35 % | 12.77 % | 14.66 % | + 1.89 % | + 1.31 % |
Other Income | Rs. 4.13 Cr | Rs. 3.74 Cr | Rs. 5.4 Cr | + 44.39 % | + 30.75 % |
Interest | Rs. 0.88 Cr | Rs. 1.06 Cr | Rs. 0.87 Cr | -17.92 % | -1.14 % |
Depreciation | Rs. 3.69 Cr | Rs. 4.16 Cr | Rs. 4.47 Cr | + 7.45 % | + 21.14 % |
Profit before tax | Rs. 26.53 Cr | Rs. 26.66 Cr | Rs. 33.6 Cr | + 26.03 % | + 26.65 % |
Tax % | 26.46 % | 26.93 % | 22.89 % | -4.04 % | -3.57 % |
Net Profit | Rs. 19.51 Cr | Rs. 19.48 Cr | Rs. 25.91 Cr | + 33.01 % | + 32.8 % |
EPS in Rs | Rs. 1.7 | Rs. 1.69 | Rs. 2.25 | + 33.14 % | + 32.35 % |
Today, we’re looking at India Pesticides 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 13.27 %. However, it did see a marginal increase of 3.82 % from the previous quarter. Expenses ticked up slightly by 1.57 % quarter-on-quarter, aligning with the annual rise of 11.56 %. Operating profit, while up 24.36 % compared to last year, faced a quarter-on-quarter increase of 19.19 %, 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 1.31 %, but an expansion of 1.89 % sequentially. Other income rose by 44.39 % compared to the last quarter, despite an annual growth of 30.75 %. Interest expenses dropped significantly by -17.92 % from the previous quarter, yet the year-over-year decrease remains at a moderate -1.14 %. Depreciation costs climbed by 7.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 21.14 %. Profit before tax grew annually by 26.65 % but saw an increase from the preceding quarter by 26.03 %.
Tax expenses as a percentage of profits decreased slightly by -3.57 % compared to last year, with a more notable quarter-on-quarter decrease of -4.04 %. Net profit rose by 32.8 % year-on-year but experienced a 33.01 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 32.35 % but a quarterly rise of 33.14 %. In summary, India Pesticides 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. 201.98 Cr | Rs. 220.36 Cr | Rs. 228.78 Cr | + 3.82 % | + 13.27 % |
Expenses | Rs. 175.01 Cr | Rs. 192.22 Cr | Rs. 195.24 Cr | + 1.57 % | + 11.56 % |
Operating Profit | Rs. 26.97 Cr | Rs. 28.14 Cr | Rs. 33.54 Cr | + 19.19 % | + 24.36 % |
Net Profit | Rs. 19.51 Cr | Rs. 19.48 Cr | Rs. 25.91 Cr | + 33.01 % | + 32.8 % |
EPS in Rs | Rs. 1.7 | Rs. 1.69 | Rs. 2.25 | + 33.14 % | + 32.35 % |
In reviewing India Pesticides Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.27 % year-on-year growth, however, there was a minor increase of 3.82 % from the previous quarter. Expenses rose by 11.56 % compared to the previous year, with a 1.57 % increase quarter-on-quarter. Operating Profit surged by 24.36 % annually, and saw a 19.19 % increase from the last quarter.
Net Profit showed yearly increase of 32.8 %, and experienced a 33.01 % increase from the previous quarter. Earnings Per Share (EPS) rose by 32.35 % annually, however rose by 33.14 % compared to the last quarter. In essence, while India Pesticides 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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