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THAKKERS GROUP announces Q2 results: Profit Rises by 121.88% 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 2208.09 % in the past year, substantial increase in net sales/revenue by 9.68 %.
  • 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 8.69 %. Marginal increase in other income during this quarter, up by 0.21%.
  • Profit over the Year and quarter: Significant improvement in profitability for THAKKERS GROUP LIMITED. Notable increase of 123.31 % in net profit Year to Year, THAKKERS GROUP LIMITED’s profitability dropped by -8.81 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 123.44 % Year to Year. EPS decreased by -8.76 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of THAKKERS GROUP 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. 0.136 Cr Rs. 2.862 Cr Rs. 3.139 Cr + 9.68 % + 2208.09 %
Expenses Rs. 0.49 Cr Rs. 0.54 Cr Rs. 0.44 Cr -18.52 % -10.2 %
Operating Profit Rs. -0.35 Cr Rs. 2.32 Cr Rs. 2.7 Cr + 16.38 % + 871.43 %
OPM % -257.35 % 81.06 % 86.01 % + 4.95 % + 343.36 %
Other Income Rs. 1.301 Cr Rs. 1.411 Cr Rs. 1.414 Cr + 0.21 % + 8.69 %
Interest Rs. 0.3 Cr Rs. 1.68 Cr Rs. 2.14 Cr + 27.38 % + 613.33 %
Depreciation Rs. 0.02 Cr Rs. 0.5 Cr Rs. 0.56 Cr + 12 % + 2700 %
Profit before tax Rs. 0.63 Cr Rs. 1.55 Cr Rs. 1.41 Cr -9.03 % + 123.81 %
Tax % 0 % 0 % 0 % 0 % 0 %
Net Profit Rs. 0.64 Cr Rs. 1.56 Cr Rs. 1.42 Cr -8.97 % + 121.88 %
EPS in Rs Rs. 4.01 Rs. 9.82 Rs. 8.96 -8.76 % + 123.44 %


Today, we’re looking at THAKKERS GROUP 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 2208.09 %. However, it did see a marginal increase of 9.68 % from the previous quarter. Expenses decreased slightly by -18.52 % quarter-on-quarter, aligning with the annual decline of -10.2 %. Operating profit, while up 871.43 % compared to last year, faced a quarter-on-quarter increase of 16.38 %, 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 343.36 %, but an expansion of 4.95 % sequentially. Other income rose by 0.21 % compared to the last quarter, despite an annual growth of 8.69 %. Interest expenses surged remarkably by 27.38 % from the previous quarter, yet the year-over-year increase remains at a moderate 613.33 %. Depreciation costs climbed by 12 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2700 %. Profit before tax grew annually by 123.81 % but saw a reduction from the preceding quarter by -9.03 %.
Net profit rose by 121.88 % year-on-year but witnessed a -8.97 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 123.44 % but a quarterly fall of -8.76 %. In summary, THAKKERS GROUP 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. 0.136 Cr Rs. 2.862 Cr Rs. 3.139 Cr + 9.68 % + 2208.09 %
Expenses Rs. 0.49 Cr Rs. 0.54 Cr Rs. 0.44 Cr -18.52 % -10.2 %
Operating Profit Rs. -0.35 Cr Rs. 2.32 Cr Rs. 2.7 Cr + 16.38 % + 871.43 %
Net Profit Rs. 0.64 Cr Rs. 1.56 Cr Rs. 1.42 Cr -8.97 % + 121.88 %
EPS in Rs Rs. 4.01 Rs. 9.82 Rs. 8.96 -8.76 % + 123.44 %


In reviewing THAKKERS GROUP LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2208.09 % year-on-year growth, however, there was a minor increase of 9.68 % from the previous quarter. Expenses decreased by -10.2 % compared to the previous year, with a decrease of -18.52 % quarter-on-quarter. Operating Profit surged by 871.43 % annually, and saw a 16.38 % increase from the last quarter.
Net Profit showed yearly increase of 121.88 %, and experienced a -8.97 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 123.44 % annually, however dipped by -8.76 % compared to the last quarter. In essence, while THAKKERS GROUP 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.

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