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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -28.16 % over the year, substantial increase in net sales/revenue by 18.73 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -95.52 %, Marginal increase in other income during this quarter, up by 14.29%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Country Condo’s Limited. Profit dropped by -84.44 % Year to Year, Country Condo’s Limited’s profitability dropped by -16.49 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -85.71 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 6.945 Cr | Rs. 4.202 Cr | Rs. 4.989 Cr | + 18.73 % | -28.16 % |
Expenses | Rs. 6.45 Cr | Rs. 3.91 Cr | Rs. 4.73 Cr | + 20.97 % | -26.67 % |
Operating Profit | Rs. 0.5 Cr | Rs. 0.29 Cr | Rs. 0.26 Cr | -10.34 % | -48 % |
OPM % | 7.2 % | 6.9 % | 5.21 % | -1.69 % | -1.99 % |
Other Income | Rs. 0.715 Cr | Rs. 0.028 Cr | Rs. 0.032 Cr | + 14.29 % | -95.52 % |
Interest | Rs. 0.02 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 50 % |
Depreciation | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 1.16 Cr | Rs. 0.25 Cr | Rs. 0.22 Cr | -12 % | -81.03 % |
Tax % | 9.31 % | 24.02 % | 28.32 % | + 4.3 % | + 19.01 % |
Net Profit | Rs. 1.04 Cr | Rs. 0.19 Cr | Rs. 0.16 Cr | -15.79 % | -84.62 % |
EPS in Rs | Rs. 0.14 | Rs. 0.02 | Rs. 0.02 | + 0 % | -85.71 % |
Today, we’re looking at Country Condo’s Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -28.16 %. However, it did see a marginal increase of 18.73 % from the previous quarter. Expenses ticked up slightly by 20.97 % quarter-on-quarter, aligning with the annual decline of -26.67 %. Operating profit, while down -48 % compared to last year, faced a quarter-on-quarter dip of -10.34 %, 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 -1.99 %, but a shrinkage of -1.69 % sequentially. Other income rose by 14.29 % compared to the last quarter, despite an annual decline of -95.52 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 50 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -81.03 % but saw a reduction from the preceding quarter by -12 %.
Tax expenses as a percentage of profits increased slightly by 19.01 % compared to last year, with a more notable quarter-on-quarter increase of 4.3 %. Net profit fell by -84.62 % year-on-year but witnessed a -15.79 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -85.71 % but a quarterly rise of 0 %. In summary, Country Condo’s 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. 6.945 Cr | Rs. 4.202 Cr | Rs. 4.989 Cr | + 18.73 % | -28.16 % |
Expenses | Rs. 6.45 Cr | Rs. 3.91 Cr | Rs. 4.73 Cr | + 20.97 % | -26.67 % |
Operating Profit | Rs. 0.5 Cr | Rs. 0.29 Cr | Rs. 0.26 Cr | -10.34 % | -48 % |
Net Profit | Rs. 1.04 Cr | Rs. 0.19 Cr | Rs. 0.16 Cr | -15.79 % | -84.62 % |
EPS in Rs | Rs. 0.14 | Rs. 0.02 | Rs. 0.02 | + 0 % | -85.71 % |
In reviewing Country Condo’s Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -28.16 % year-on-year, however, there was a minor increase of 18.73 % from the previous quarter. Expenses decreased by -26.67 % compared to the previous year, with a 20.97 % increase quarter-on-quarter. Operating Profit dropped by -48 % annually, and saw a -10.34 % decrease from the last quarter.
Net Profit showed yearly decrease of -84.62 %, and experienced a -15.79 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -85.71 % annually, however rose by 0 % compared to the last quarter. In essence, while Country Condo’s Limited faces strong annual decline 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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