Share the post "Vaibhav Global ‘s Q2 Results: Profit Drops by 4.31% 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 12.97 % in the past year, substantial increase in net sales/revenue by 5.35 %.
- 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 158.75 %. Marginal increase in other income during this quarter, up by 2.7%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vaibhav Global Ltd. Profit dropped by -4.31 % Year to Year, Vaibhav Global Ltd’s profitability increased by 1.19 % in this quarter.
- EPS over the Year and quarter: EPS declined by -5.62 % Year to Year. EPS increased by 0.6 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 704.999 Cr | Rs. 756.009 Cr | Rs. 796.429 Cr | + 5.35 % | + 12.97 % |
Expenses | Rs. 641.51 Cr | Rs. 698.92 Cr | Rs. 736.28 Cr | + 5.35 % | + 14.77 % |
Operating Profit | Rs. 63.49 Cr | Rs. 57.09 Cr | Rs. 60.15 Cr | + 5.36 % | -5.26 % |
OPM % | 9.01 % | 7.55 % | 7.55 % | + 0 % | -1.46 % |
Other Income | Rs. 3.421 Cr | Rs. 8.619 Cr | Rs. 8.852 Cr | + 2.7 % | + 158.75 % |
Interest | Rs. 2.91 Cr | Rs. 3.44 Cr | Rs. 3.69 Cr | + 7.27 % | + 26.8 % |
Depreciation | Rs. 22.62 Cr | Rs. 24.89 Cr | Rs. 26 Cr | + 4.46 % | + 14.94 % |
Profit before tax | Rs. 41.38 Cr | Rs. 37.38 Cr | Rs. 39.31 Cr | + 5.16 % | -5 % |
Tax % | 29.85 % | 26.57 % | 29.35 % | + 2.78 % | -0.5 % |
Net Profit | Rs. 29.03 Cr | Rs. 27.45 Cr | Rs. 27.78 Cr | + 1.2 % | -4.31 % |
EPS in Rs | Rs. 1.75 | Rs. 1.64 | Rs. 1.65 | + 0.61 % | -5.71 % |
Today, we’re looking at Vaibhav Global 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 12.97 %. However, it did see a marginal increase of 5.35 % from the previous quarter. Expenses ticked up slightly by 5.35 % quarter-on-quarter, aligning with the annual rise of 14.77 %. Operating profit, while down -5.26 % compared to last year, faced a quarter-on-quarter increase of 5.36 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.46 %, but an expansion of 0 % sequentially. Other income rose by 2.7 % compared to the last quarter, despite an annual growth of 158.75 %. Interest expenses surged remarkably by 7.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 26.8 %. Depreciation costs climbed by 4.46 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 14.94 %. Profit before tax declined annually by -5 % but saw an increase from the preceding quarter by 5.16 %.
Tax expenses as a percentage of profits decreased slightly by -0.5 % compared to last year, with a more notable quarter-on-quarter increase of 2.78 %. Net profit fell by -4.31 % year-on-year but experienced a 1.2 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5.71 % but a quarterly rise of 0.61 %. In summary, Vaibhav Global 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. 704.999 Cr | Rs. 756.009 Cr | Rs. 796.429 Cr | + 5.35 % | + 12.97 % |
Expenses | Rs. 641.51 Cr | Rs. 698.92 Cr | Rs. 736.28 Cr | + 5.35 % | + 14.77 % |
Operating Profit | Rs. 63.49 Cr | Rs. 57.09 Cr | Rs. 60.15 Cr | + 5.36 % | -5.26 % |
Net Profit | Rs. 29.03 Cr | Rs. 27.45 Cr | Rs. 27.78 Cr | + 1.2 % | -4.31 % |
EPS in Rs | Rs. 1.75 | Rs. 1.64 | Rs. 1.65 | + 0.61 % | -5.71 % |
In reviewing Vaibhav Global Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.97 % year-on-year growth, however, there was a minor increase of 5.35 % from the previous quarter. Expenses rose by 14.77 % compared to the previous year, with a 5.35 % increase quarter-on-quarter. Operating Profit dropped by -5.26 % annually, and saw a 5.36 % increase from the last quarter.
Net Profit showed yearly decrease of -4.31 %, and experienced a 1.2 % increase from the previous quarter. Earnings Per Share (EPS) fell by -5.71 % annually, however rose by 0.61 % compared to the last quarter. In essence, while Vaibhav Global Ltd faces strong annual decline 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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