![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/NKIND.png)
Share the post "NK Industries Reports Q2: Revenue Up by 92.91% Year-on-Year"
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 92.91 % in the past year, substantial increase in net sales/revenue by 92.91 %.
- 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 8.26 %. Marginal increase in other income during this quarter, up by 50.57%.
- Profit over the Year and quarter: Challenges in sustaining profitability for NK Industries Limited. Profit dropped by -41.29 % Year to Year, NK Industries Limited’s profitability dropped by -616.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -41.67 % Year to Year. EPS decreased by -613.33 % 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. 4.206 Cr | Rs. 4.206 Cr | Rs. 8.114 Cr | + 92.91 % | + 92.91 % |
| Expenses | Rs. 4.55 Cr | Rs. 3.55 Cr | Rs. 7.55 Cr | + 112.68 % | + 65.93 % |
| Operating Profit | Rs. -0.34 Cr | Rs. 0.66 Cr | Rs. 0.56 Cr | -15.15 % | + 264.71 % |
| OPM % | -8.08 % | 15.69 % | 6.9 % | -8.79 % | + 14.98 % |
| Other Income | Rs. 0.242 Cr | Rs. 0.174 Cr | Rs. 0.262 Cr | + 50.57 % | + 8.26 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.79 Cr | Rs. 0.69 Cr | Rs. 1.38 Cr | + 100 % | + 74.68 % |
| Profit before tax | Rs. -0.89 Cr | Rs. 0.14 Cr | Rs. -0.56 Cr | -500 % | + 37.08 % |
| Tax % | -10.81 % | 36.17 % | -16.67 % | -52.84 % | -5.86 % |
| Net Profit | Rs. -0.79 Cr | Rs. 0.09 Cr | Rs. -0.47 Cr | -622.22 % | + 40.51 % |
| EPS in Rs | Rs. -2.64 | Rs. 0.3 | Rs. -1.54 | -613.33 % | + 41.67 % |
Today, we’re looking at NK Industries 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 92.91 %. However, it did see a marginal increase of 92.91 % from the previous quarter. Expenses ticked up slightly by 112.68 % quarter-on-quarter, aligning with the annual rise of 65.93 %. Operating profit, while up 264.71 % compared to last year, faced a quarter-on-quarter dip of -15.15 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 14.98 %, but a shrinkage of -8.79 % sequentially. Other income rose by 50.57 % compared to the last quarter, despite an annual growth of 8.26 %. Depreciation costs climbed by 100 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 74.68 %. Profit before tax grew annually by 37.08 % but saw a reduction from the preceding quarter by -500 %.
Tax expenses as a percentage of profits decreased slightly by -5.86 % compared to last year, with a more notable quarter-on-quarter decrease of -52.84 %. Net profit rose by 40.51 % year-on-year but witnessed a -622.22 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 41.67 % but a quarterly fall of -613.33 %. In summary, NK Industries 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. 4.206 Cr | Rs. 4.206 Cr | Rs. 8.114 Cr | + 92.91 % | + 92.91 % |
| Expenses | Rs. 4.55 Cr | Rs. 3.55 Cr | Rs. 7.55 Cr | + 112.68 % | + 65.93 % |
| Operating Profit | Rs. -0.34 Cr | Rs. 0.66 Cr | Rs. 0.56 Cr | -15.15 % | + 264.71 % |
| Net Profit | Rs. -0.79 Cr | Rs. 0.09 Cr | Rs. -0.47 Cr | -622.22 % | + 40.51 % |
| EPS in Rs | Rs. -2.64 | Rs. 0.3 | Rs. -1.54 | -613.33 % | + 41.67 % |
In reviewing NK Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 92.91 % year-on-year growth, however, there was a minor increase of 92.91 % from the previous quarter. Expenses rose by 65.93 % compared to the previous year, with a 112.68 % increase quarter-on-quarter. Operating Profit surged by 264.71 % annually, and saw a -15.15 % decrease from the last quarter.
Net Profit showed yearly increase of 40.51 %, and experienced a -622.22 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 41.67 % annually, however dipped by -613.33 % compared to the last quarter. In essence, while NK Industries 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.
[my_shortcode1 values=”NK Industries Limited”]
