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INCREDIBLE INDUSTRIES ‘s Latest Q2 Report: Profit Up by 277.36% Year-on-Year

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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 -13.3 % over the year, decrease in net sales/revenue by -0.94 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -59.92 %, Marginal decrease of -2.83% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for INCREDIBLE INDUSTRIES LIMITED. Notable increase of 277.55 % in net profit Year to Year, INCREDIBLE INDUSTRIES LIMITED’s profitability increased by 23.52 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 290.91 % Year to Year. EPS increased by 22.86 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of INCREDIBLE INDUSTRIES LIMITED‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 208.963 Cr Rs. 182.886 Cr Rs. 181.17 Cr -0.94 % -13.3 %
Expenses Rs. 205.73 Cr Rs. 177.81 Cr Rs. 178.09 Cr + 0.16 % -13.44 %
Operating Profit Rs. 3.23 Cr Rs. 5.08 Cr Rs. 3.08 Cr -39.37 % -4.64 %
OPM % 1.55 % 2.78 % 1.7 % -1.08 % + 0.15 %
Other Income Rs. 0.257 Cr Rs. 0.106 Cr Rs. 0.103 Cr -2.83 % -59.92 %
Interest Rs. 1.66 Cr Rs. 1.12 Cr Rs. 0.82 Cr -26.79 % -50.6 %
Depreciation Rs. 1.42 Cr Rs. 1.34 Cr Rs. 1.34 Cr + 0 % -5.63 %
Profit before tax Rs. 0.41 Cr Rs. 2.73 Cr Rs. 1.02 Cr -62.64 % + 148.78 %
Tax % 30.22 % 40.35 % 95.79 % + 55.44 % + 65.57 %
Net Profit Rs. 0.53 Cr Rs. 1.62 Cr Rs. 2 Cr + 23.46 % + 277.36 %
EPS in Rs Rs. 0.11 Rs. 0.35 Rs. 0.43 + 22.86 % + 290.91 %


Today, we’re looking at INCREDIBLE INDUSTRIES 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 -13.3 %. However, it did see a marginal slip of -0.94 % from the previous quarter. Expenses ticked up slightly by 0.16 % quarter-on-quarter, aligning with the annual decline of -13.44 %. Operating profit, while down -4.64 % compared to last year, faced a quarter-on-quarter dip of -39.37 %, 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 0.15 %, but a shrinkage of -1.08 % sequentially. Other income fell by -2.83 % compared to the last quarter, despite an annual decline of -59.92 %. Interest expenses dropped significantly by -26.79 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50.6 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.63 %. Profit before tax grew annually by 148.78 % but saw a reduction from the preceding quarter by -62.64 %.
Tax expenses as a percentage of profits increased slightly by 65.57 % compared to last year, with a more notable quarter-on-quarter increase of 55.44 %. Net profit rose by 277.36 % year-on-year but experienced a 23.46 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 290.91 % but a quarterly rise of 22.86 %. In summary, INCREDIBLE 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. 208.963 Cr Rs. 182.886 Cr Rs. 181.17 Cr -0.94 % -13.3 %
Expenses Rs. 205.73 Cr Rs. 177.81 Cr Rs. 178.09 Cr + 0.16 % -13.44 %
Operating Profit Rs. 3.23 Cr Rs. 5.08 Cr Rs. 3.08 Cr -39.37 % -4.64 %
Net Profit Rs. 0.53 Cr Rs. 1.62 Cr Rs. 2 Cr + 23.46 % + 277.36 %
EPS in Rs Rs. 0.11 Rs. 0.35 Rs. 0.43 + 22.86 % + 290.91 %


In reviewing INCREDIBLE INDUSTRIES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.3 % year-on-year, although there was a slight dip of -0.94 % from the previous quarter. Expenses decreased by -13.44 % compared to the previous year, with a 0.16 % increase quarter-on-quarter. Operating Profit dropped by -4.64 % annually, and saw a -39.37 % decrease from the last quarter.
Net Profit showed yearly increase of 277.36 %, and experienced a 23.46 % increase from the previous quarter. Earnings Per Share (EPS) rose by 290.91 % annually, however rose by 22.86 % compared to the last quarter. In essence, while INCREDIBLE 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.

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