Share the post "Gratex Industries Reports Q2: Revenue Up by 8.37% Year-on-Year"
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 8.37 % in the past year, substantial increase in net sales/revenue by 3.08 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Significant improvement in profitability for Gratex Industries Ltd.. Notable increase of 66.67 % in net profit Year to Year, Gratex Industries Ltd.’s profitability dropped by -50 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 100.00 % Year to Year. EPS decreased by -33.33 % 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. 0.956 Cr | Rs. 1.005 Cr | Rs. 1.036 Cr | + 3.08 % | + 8.37 % |
| Expenses | Rs. 0.92 Cr | Rs. 0.95 Cr | Rs. 0.99 Cr | + 4.21 % | + 7.61 % |
| Operating Profit | Rs. 0.04 Cr | Rs. 0.06 Cr | Rs. 0.05 Cr | -16.67 % | + 25 % |
| OPM % | 4.18 % | 5.97 % | 4.83 % | -1.14 % | + 0.65 % |
| Other Income | Rs. 0 Cr | Rs. 0.001 Cr | Rs. 0.001 Cr | + 0 % | 0 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.03 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 33.33 % |
| Profit before tax | Rs. 0.01 Cr | Rs. 0.02 Cr | Rs. 0.01 Cr | -50 % | + 0 % |
| Tax % | 25 % | 21.43 % | 33.33 % | + 11.9 % | + 8.33 % |
| Net Profit | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
| EPS in Rs | Rs. 0.01 | Rs. 0.03 | Rs. 0.02 | -33.33 % | + 100 % |
Today, we’re looking at Gratex Industries Ltd.’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 8.37 %. However, it did see a marginal increase of 3.08 % from the previous quarter. Expenses ticked up slightly by 4.21 % quarter-on-quarter, aligning with the annual rise of 7.61 %. Operating profit, while up 25 % compared to last year, faced a quarter-on-quarter dip of -16.67 %, 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 0.65 %, but a shrinkage of -1.14 % sequentially. Other income rose by 0 % compared to the last quarter, Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.33 %. Profit before tax grew annually by 0 % but saw a reduction from the preceding quarter by -50 %.
Tax expenses as a percentage of profits increased slightly by 8.33 % compared to last year, with a more notable quarter-on-quarter increase of 11.9 %. but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 100 % but a quarterly fall of -33.33 %. In summary, Gratex Industries Ltd.’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. 0.956 Cr | Rs. 1.005 Cr | Rs. 1.036 Cr | + 3.08 % | + 8.37 % |
| Expenses | Rs. 0.92 Cr | Rs. 0.95 Cr | Rs. 0.99 Cr | + 4.21 % | + 7.61 % |
| Operating Profit | Rs. 0.04 Cr | Rs. 0.06 Cr | Rs. 0.05 Cr | -16.67 % | + 25 % |
| Net Profit | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
| EPS in Rs | Rs. 0.01 | Rs. 0.03 | Rs. 0.02 | -33.33 % | + 100 % |
In reviewing Gratex Industries Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.37 % year-on-year growth, however, there was a minor increase of 3.08 % from the previous quarter. Expenses rose by 7.61 % compared to the previous year, with a 4.21 % increase quarter-on-quarter. Operating Profit surged by 25 % annually, and saw a -16.67 % decrease from the last quarter.
and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) rose by 100 % annually, however dipped by -33.33 % compared to the last quarter. In essence, while Gratex Industries Ltd. 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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