Share the post "Puravankara ‘s Q2 Results: Profit Drops by 51.91% YoY"
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 34.54 % in the past year, decrease in net sales/revenue by -24.73 %.
- 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 141.77 %. Marginal increase in other income during this quarter, up by 81.88%.
- Profit over the Year and quarter: Significant improvement in profitability for Puravankara Limited. Notable increase of 51.91 % in net profit Year to Year, Puravankara Limited’s profitability dropped by -215.43 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 51.06 % Year to Year. EPS decreased by -210.94 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 368.33 Cr | Rs. 658.33 Cr | Rs. 495.54 Cr | -24.73 % | + 34.54 % |
Expenses | Rs. 283.46 Cr | Rs. 527.86 Cr | Rs. 383.55 Cr | -27.34 % | + 35.31 % |
Operating Profit | Rs. 84.87 Cr | Rs. 130.47 Cr | Rs. 111.99 Cr | -14.16 % | + 31.95 % |
OPM % | 23.04 % | 19.82 % | 22.6 % | + 2.78 % | -0.44 % |
Other Income | Rs. 13.24 Cr | Rs. 17.6 Cr | Rs. 32.01 Cr | + 81.88 % | + 141.77 % |
Interest | Rs. 104.55 Cr | Rs. 119.06 Cr | Rs. 140.78 Cr | + 18.24 % | + 34.65 % |
Depreciation | Rs. 6.47 Cr | Rs. 7.49 Cr | Rs. 8 Cr | + 6.81 % | + 23.65 % |
Profit before tax | Rs. -12.91 Cr | Rs. 21.52 Cr | Rs. -4.78 Cr | -122.21 % | + 62.97 % |
Tax % | -15.34 % | 31.88 % | -97.08 % | -128.96 % | -81.74 % |
Net Profit | Rs. -11.23 Cr | Rs. 14.78 Cr | Rs. -17.06 Cr | -215.43 % | -51.91 % |
EPS in Rs | Rs. -0.47 | Rs. 0.63 | Rs. -0.7 | -211.11 % | -48.94 % |
Today, we’re looking at Puravankara 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 34.54 %. However, it did see a marginal slip of -24.73 % from the previous quarter. Expenses decreased slightly by -27.34 % quarter-on-quarter, aligning with the annual rise of 35.31 %. Operating profit, while up 31.95 % compared to last year, faced a quarter-on-quarter dip of -14.16 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.44 %, but an expansion of 2.78 % sequentially. Other income rose by 81.88 % compared to the last quarter, despite an annual growth of 141.77 %. Interest expenses surged remarkably by 18.24 % from the previous quarter, yet the year-over-year increase remains at a moderate 34.65 %. Depreciation costs climbed by 6.81 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 23.65 %. Profit before tax grew annually by 62.97 % but saw a reduction from the preceding quarter by -122.21 %.
Tax expenses as a percentage of profits decreased slightly by -81.74 % compared to last year, with a more notable quarter-on-quarter decrease of -128.96 %. Net profit fell by -51.91 % year-on-year but witnessed a -215.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -48.94 % but a quarterly fall of -211.11 %. In summary, Puravankara 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. 368.33 Cr | Rs. 658.33 Cr | Rs. 495.54 Cr | -24.73 % | + 34.54 % |
Expenses | Rs. 283.46 Cr | Rs. 527.86 Cr | Rs. 383.55 Cr | -27.34 % | + 35.31 % |
Operating Profit | Rs. 84.87 Cr | Rs. 130.47 Cr | Rs. 111.99 Cr | -14.16 % | + 31.95 % |
Net Profit | Rs. -11.23 Cr | Rs. 14.78 Cr | Rs. -17.06 Cr | -215.43 % | -51.91 % |
EPS in Rs | Rs. -0.47 | Rs. 0.63 | Rs. -0.7 | -211.11 % | -48.94 % |
In reviewing Puravankara Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 34.54 % year-on-year growth, although there was a slight dip of -24.73 % from the previous quarter. Expenses rose by 35.31 % compared to the previous year, with a decrease of -27.34 % quarter-on-quarter. Operating Profit surged by 31.95 % annually, and saw a -14.16 % decrease from the last quarter.
Net Profit showed yearly decrease of -51.91 %, and experienced a -215.43 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -48.94 % annually, however dipped by -211.11 % compared to the last quarter. In essence, while Puravankara Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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