Share the post "Polyplex Corporation Reports Q2: Revenue Up by 10.61% Year-on-Year"
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 10.61 % in the past year, substantial increase in net sales/revenue by 3.16 %.
- 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 325.39 %. Marginal increase in other income during this quarter, up by 287.15%.
- Profit over the Year and quarter: Significant improvement in profitability for Polyplex Corporation Limited. Notable increase of 240.12 % in net profit Year to Year, Polyplex Corporation Limited’s profitability increased by 68.96 % in this quarter.
- EPS over the Year and quarter: EPS increased by 214.27 % Year to Year. EPS increased by 64.05 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1572.09 Cr | Rs. 1685.6 Cr | Rs. 1738.86 Cr | + 3.16 % | + 10.61 % |
Expenses | Rs. 1451.46 Cr | Rs. 1521.69 Cr | Rs. 1547.95 Cr | + 1.73 % | + 6.65 % |
Operating Profit | Rs. 120.63 Cr | Rs. 163.91 Cr | Rs. 190.91 Cr | + 16.47 % | + 58.26 % |
OPM % | 7.67 % | 9.72 % | 10.98 % | + 1.26 % | + 3.31 % |
Other Income | Rs. 23.59 Cr | Rs. 25.92 Cr | Rs. 100.35 Cr | + 287.15 % | + 325.39 % |
Interest | Rs. 9.95 Cr | Rs. 12.83 Cr | Rs. 10.57 Cr | -17.61 % | + 6.23 % |
Depreciation | Rs. 75.14 Cr | Rs. 69.59 Cr | Rs. 78.7 Cr | + 13.09 % | + 4.74 % |
Profit before tax | Rs. 59.13 Cr | Rs. 107.41 Cr | Rs. 201.99 Cr | + 88.06 % | + 241.6 % |
Tax % | 18.4 % | 9.57 % | 18.75 % | + 9.18 % | + 0.35 % |
Net Profit | Rs. 48.25 Cr | Rs. 97.13 Cr | Rs. 164.11 Cr | + 68.96 % | + 240.12 % |
EPS in Rs | Rs. 8.9 | Rs. 17.05 | Rs. 27.97 | + 64.05 % | + 214.27 % |
Today, we’re looking at Polyplex Corporation Limited’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 10.61 %. However, it did see a marginal increase of 3.16 % from the previous quarter. Expenses ticked up slightly by 1.73 % quarter-on-quarter, aligning with the annual rise of 6.65 %. Operating profit, while up 58.26 % compared to last year, faced a quarter-on-quarter increase of 16.47 %, 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 3.31 %, but an expansion of 1.26 % sequentially. Other income rose by 287.15 % compared to the last quarter, despite an annual growth of 325.39 %. Interest expenses dropped significantly by -17.61 % from the previous quarter, yet the year-over-year increase remains at a moderate 6.23 %. Depreciation costs climbed by 13.09 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 4.74 %. Profit before tax grew annually by 241.6 % but saw an increase from the preceding quarter by 88.06 %.
Tax expenses as a percentage of profits increased slightly by 0.35 % compared to last year, with a more notable quarter-on-quarter increase of 9.18 %. Net profit rose by 240.12 % year-on-year but experienced a 68.96 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 214.27 % but a quarterly rise of 64.05 %. In summary, Polyplex Corporation 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. 1572.09 Cr | Rs. 1685.6 Cr | Rs. 1738.86 Cr | + 3.16 % | + 10.61 % |
Expenses | Rs. 1451.46 Cr | Rs. 1521.69 Cr | Rs. 1547.95 Cr | + 1.73 % | + 6.65 % |
Operating Profit | Rs. 120.63 Cr | Rs. 163.91 Cr | Rs. 190.91 Cr | + 16.47 % | + 58.26 % |
Net Profit | Rs. 48.25 Cr | Rs. 97.13 Cr | Rs. 164.11 Cr | + 68.96 % | + 240.12 % |
EPS in Rs | Rs. 8.9 | Rs. 17.05 | Rs. 27.97 | + 64.05 % | + 214.27 % |
In reviewing Polyplex Corporation Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.61 % year-on-year growth, however, there was a minor increase of 3.16 % from the previous quarter. Expenses rose by 6.65 % compared to the previous year, with a 1.73 % increase quarter-on-quarter. Operating Profit surged by 58.26 % annually, and saw a 16.47 % increase from the last quarter.
Net Profit showed yearly increase of 240.12 %, and experienced a 68.96 % increase from the previous quarter. Earnings Per Share (EPS) rose by 214.27 % annually, however rose by 64.05 % compared to the last quarter. In essence, while Polyplex Corporation Limited 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.
[my_shortcode1 values=”Polyplex Corporation Limited”]