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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -21.84 % over the year, decrease in net sales/revenue by -4.17 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -77.61 %, Marginal decrease of -31.82% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for COSYN Limited. Profit dropped by -96.92 % Year to Year, COSYN Limited’s profitability dropped by -69.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -97.92 % Year to Year. EPS decreased by -80 % 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. 4.204 Cr | Rs. 3.429 Cr | Rs. 3.286 Cr | -4.17 % | -21.84 % |
Expenses | Rs. 3.65 Cr | Rs. 3.21 Cr | Rs. 3.08 Cr | -4.05 % | -15.62 % |
Operating Profit | Rs. 0.55 Cr | Rs. 0.22 Cr | Rs. 0.21 Cr | -4.55 % | -61.82 % |
OPM % | 13.08 % | 6.42 % | 6.39 % | -0.03 % | -6.69 % |
Other Income | Rs. 0.067 Cr | Rs. 0.022 Cr | Rs. 0.015 Cr | -31.82 % | -77.61 % |
Interest | Rs. 0.06 Cr | Rs. 0.06 Cr | Rs. 0.07 Cr | + 16.67 % | + 16.67 % |
Depreciation | Rs. 0.2 Cr | Rs. 0.13 Cr | Rs. 0.14 Cr | + 7.69 % | -30 % |
Profit before tax | Rs. 0.36 Cr | Rs. 0.05 Cr | Rs. 0.02 Cr | -60 % | -94.44 % |
Tax % | 1.92 % | 25 % | 31.25 % | + 6.25 % | + 29.33 % |
Net Profit | Rs. 0.36 Cr | Rs. 0.04 Cr | Rs. 0.01 Cr | -75 % | -97.22 % |
EPS in Rs | Rs. 0.48 | Rs. 0.05 | Rs. 0.01 | -80 % | -97.92 % |
Today, we’re looking at COSYN 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 -21.84 %. However, it did see a marginal slip of -4.17 % from the previous quarter. Expenses decreased slightly by -4.05 % quarter-on-quarter, aligning with the annual decline of -15.62 %. Operating profit, while down -61.82 % compared to last year, faced a quarter-on-quarter dip of -4.55 %, 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 -6.69 %, but a shrinkage of -0.03 % sequentially. Other income fell by -31.82 % compared to the last quarter, despite an annual decline of -77.61 %. Interest expenses surged remarkably by 16.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 16.67 %. Depreciation costs climbed by 7.69 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -30 %. Profit before tax declined annually by -94.44 % but saw a reduction from the preceding quarter by -60 %.
Tax expenses as a percentage of profits increased slightly by 29.33 % compared to last year, with a more notable quarter-on-quarter increase of 6.25 %. Net profit fell by -97.22 % year-on-year but witnessed a -75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -97.92 % but a quarterly fall of -80 %. In summary, COSYN 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. 4.204 Cr | Rs. 3.429 Cr | Rs. 3.286 Cr | -4.17 % | -21.84 % |
Expenses | Rs. 3.65 Cr | Rs. 3.21 Cr | Rs. 3.08 Cr | -4.05 % | -15.62 % |
Operating Profit | Rs. 0.55 Cr | Rs. 0.22 Cr | Rs. 0.21 Cr | -4.55 % | -61.82 % |
Net Profit | Rs. 0.36 Cr | Rs. 0.04 Cr | Rs. 0.01 Cr | -75 % | -97.22 % |
EPS in Rs | Rs. 0.48 | Rs. 0.05 | Rs. 0.01 | -80 % | -97.92 % |
In reviewing COSYN Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.84 % year-on-year, although there was a slight dip of -4.17 % from the previous quarter. Expenses decreased by -15.62 % compared to the previous year, with a decrease of -4.05 % quarter-on-quarter. Operating Profit dropped by -61.82 % annually, and saw a -4.55 % decrease from the last quarter.
Net Profit showed yearly decrease of -97.22 %, and experienced a -75 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -97.92 % annually, however dipped by -80 % compared to the last quarter. In essence, while COSYN 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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