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Vippy Spinpro announces Q2 results: Profit Rises by 395.59% YoY

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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 experienced a substantial growth of 12.02 % in the past year, decrease in net sales/revenue by -1.11 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -25.51 %, Marginal decrease of -56.09% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Vippy Spinpro Ltd.. Notable increase of 398.67 % in net profit Year to Year, Vippy Spinpro Ltd.’s profitability increased by 83.51 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 399.13 % Year to Year. EPS increased by 83.39 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Vippy Spinpro 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. 61.923 Cr Rs. 70.144 Cr Rs. 69.364 Cr -1.11 % + 12.02 %
Expenses Rs. 58.26 Cr Rs. 64.42 Cr Rs. 61.88 Cr -3.94 % + 6.21 %
Operating Profit Rs. 3.66 Cr Rs. 5.72 Cr Rs. 7.48 Cr + 30.77 % + 104.37 %
OPM % 5.91 % 8.15 % 10.78 % + 2.63 % + 4.87 %
Other Income Rs. 0.247 Cr Rs. 0.419 Cr Rs. 0.184 Cr -56.09 % -25.51 %
Interest Rs. 0.62 Cr Rs. 1.15 Cr Rs. 0.63 Cr -45.22 % + 1.61 %
Depreciation Rs. 2.39 Cr Rs. 2.48 Cr Rs. 2.49 Cr + 0.4 % + 4.18 %
Profit before tax Rs. 0.9 Cr Rs. 2.51 Cr Rs. 4.54 Cr + 80.88 % + 404.44 %
Tax % 25.25 % 27.16 % 25.88 % -1.28 % + 0.63 %
Net Profit Rs. 0.68 Cr Rs. 1.84 Cr Rs. 3.37 Cr + 83.15 % + 395.59 %
EPS in Rs Rs. 1.15 Rs. 3.13 Rs. 5.74 + 83.39 % + 399.13 %


Today, we’re looking at Vippy Spinpro 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 12.02 %. However, it did see a marginal slip of -1.11 % from the previous quarter. Expenses decreased slightly by -3.94 % quarter-on-quarter, aligning with the annual rise of 6.21 %. Operating profit, while up 104.37 % compared to last year, faced a quarter-on-quarter increase of 30.77 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.87 %, but an expansion of 2.63 % sequentially. Other income fell by -56.09 % compared to the last quarter, despite an annual decline of -25.51 %. Interest expenses dropped significantly by -45.22 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.61 %. Depreciation costs climbed by 0.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.18 %. Profit before tax grew annually by 404.44 % but saw an increase from the preceding quarter by 80.88 %.
Tax expenses as a percentage of profits increased slightly by 0.63 % compared to last year, with a more notable quarter-on-quarter decrease of -1.28 %. Net profit rose by 395.59 % year-on-year but experienced a 83.15 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 399.13 % but a quarterly rise of 83.39 %. In summary, Vippy Spinpro 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. 61.923 Cr Rs. 70.144 Cr Rs. 69.364 Cr -1.11 % + 12.02 %
Expenses Rs. 58.26 Cr Rs. 64.42 Cr Rs. 61.88 Cr -3.94 % + 6.21 %
Operating Profit Rs. 3.66 Cr Rs. 5.72 Cr Rs. 7.48 Cr + 30.77 % + 104.37 %
Net Profit Rs. 0.68 Cr Rs. 1.84 Cr Rs. 3.37 Cr + 83.15 % + 395.59 %
EPS in Rs Rs. 1.15 Rs. 3.13 Rs. 5.74 + 83.39 % + 399.13 %


In reviewing Vippy Spinpro Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.02 % year-on-year growth, although there was a slight dip of -1.11 % from the previous quarter. Expenses rose by 6.21 % compared to the previous year, with a decrease of -3.94 % quarter-on-quarter. Operating Profit surged by 104.37 % annually, and saw a 30.77 % increase from the last quarter.
Net Profit showed yearly increase of 395.59 %, and experienced a 83.15 % increase from the previous quarter. Earnings Per Share (EPS) rose by 399.13 % annually, however rose by 83.39 % compared to the last quarter. In essence, while Vippy Spinpro Ltd. exhibits strong annual growth 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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