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Swadeshi Polytex ‘s Q2 Report: Profit Decreases by 97.58% YoY

November 13, 2024November 13, 2024| adminadmin| 0 Comments| 1:55 pm
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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • 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 2.75 %. Marginal increase in other income during this quarter, up by 0%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Swadeshi Polytex Ltd.,. Profit dropped by -97.57 % Year to Year, Swadeshi Polytex Ltd.,’s profitability dropped by -2.59 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -95.10 % Year to Year. EPS increased by 95.24 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Swadeshi Polytex Ltd.,‘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. 40.169 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 1.81 Cr Rs. 0.63 Cr Rs. 0.7 Cr + 11.11 % -61.33 %
Operating Profit Rs. 38.36 Cr Rs. -0.63 Cr Rs. -0.7 Cr -11.11 % -101.82 %
OPM % 95.5 % 0 % 0 % 0 % -95.5 %
Other Income Rs. 1.82 Cr Rs. 1.87 Cr Rs. 1.87 Cr + 0 % + 2.75 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.01 Cr Rs. 0.04 Cr Rs. 0.04 Cr + 0 % + 300 %
Profit before tax Rs. 40.17 Cr Rs. 1.2 Cr Rs. 1.13 Cr -5.83 % -97.19 %
Tax % 18.9 % 32.5 % 34.69 % + 2.19 % + 15.79 %
Net Profit Rs. 32.59 Cr Rs. 0.81 Cr Rs. 0.79 Cr -2.47 % -97.58 %
EPS in Rs Rs. 8.36 Rs. 0.21 Rs. 0.41 + 95.24 % -95.1 %


Today, we’re looking at Swadeshi Polytex Ltd.,’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 11.11 % quarter-on-quarter, aligning with the annual decline of -61.33 %. Operating profit, while down -101.82 % compared to last year, faced a quarter-on-quarter dip of -11.11 %, 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 -95.5 %, Other income rose by 0 % compared to the last quarter, despite an annual growth of 2.75 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 300 %. Profit before tax declined annually by -97.19 % but saw a reduction from the preceding quarter by -5.83 %.
Tax expenses as a percentage of profits increased slightly by 15.79 % compared to last year, with a more notable quarter-on-quarter increase of 2.19 %. Net profit fell by -97.58 % year-on-year but witnessed a -2.47 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -95.1 % but a quarterly rise of 95.24 %. In summary, Swadeshi Polytex 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. 40.169 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 1.81 Cr Rs. 0.63 Cr Rs. 0.7 Cr + 11.11 % -61.33 %
Operating Profit Rs. 38.36 Cr Rs. -0.63 Cr Rs. -0.7 Cr -11.11 % -101.82 %
Net Profit Rs. 32.59 Cr Rs. 0.81 Cr Rs. 0.79 Cr -2.47 % -97.58 %
EPS in Rs Rs. 8.36 Rs. 0.21 Rs. 0.41 + 95.24 % -95.1 %


In reviewing Swadeshi Polytex Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -61.33 % compared to the previous year, with a 11.11 % increase quarter-on-quarter. Operating Profit dropped by -101.82 % annually, and saw a -11.11 % decrease from the last quarter.
Net Profit showed yearly decrease of -97.58 %, and experienced a -2.47 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -95.1 % annually, however rose by 95.24 % compared to the last quarter. In essence, while Swadeshi Polytex Ltd., 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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