Share the post "Speedage Commercials ‘s Latest Q2 Report: Profit Up by 98.99% Year-on-Year"
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 94.77 %. Marginal increase in other income during this quarter, up by 26330%.
- Profit over the Year and quarter: Significant improvement in profitability for Speedage Commercials Ltd.,. Notable increase of 99.19 % in net profit Year to Year, Speedage Commercials Ltd.,’s profitability dropped by -3390 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 99.31 % Year to Year. EPS increased by 3203.28 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.03 Cr | Rs. 0.07 Cr | Rs. 0.03 Cr | -57.14 % | + 0 % |
Operating Profit | Rs. -0.03 Cr | Rs. -0.07 Cr | Rs. -0.03 Cr | + 57.14 % | + 0 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 1.357 Cr | Rs. 0.01 Cr | Rs. 2.643 Cr | + 26330 % | + 94.77 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 1.33 Cr | Rs. -0.06 Cr | Rs. 2.61 Cr | + 4450 % | + 96.24 % |
Tax % | 25.32 % | -0 % | 24.47 % | + 24.47 % | -0.85 % |
Net Profit | Rs. 0.99 Cr | Rs. -0.06 Cr | Rs. 1.97 Cr | + 3383.33 % | + 98.99 % |
EPS in Rs | Rs. 10.11 | Rs. -0.61 | Rs. 20.15 | + 3403.28 % | + 99.31 % |
Today, we’re looking at Speedage Commercials Ltd.,’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -57.14 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 57.14 %, signaling a short-term expansion in margins.
Other income rose by 26330 % compared to the last quarter, despite an annual growth of 94.77 %. Profit before tax grew annually by 96.24 % but saw an increase from the preceding quarter by 4450 %.
Tax expenses as a percentage of profits decreased slightly by -0.85 % compared to last year, with a more notable quarter-on-quarter increase of 24.47 %. Net profit rose by 98.99 % year-on-year but experienced a 3383.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 99.31 % but a quarterly rise of 3403.28 %. In summary, Speedage Commercials 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.03 Cr | Rs. 0.07 Cr | Rs. 0.03 Cr | -57.14 % | + 0 % |
Operating Profit | Rs. -0.03 Cr | Rs. -0.07 Cr | Rs. -0.03 Cr | + 57.14 % | + 0 % |
Net Profit | Rs. 0.99 Cr | Rs. -0.06 Cr | Rs. 1.97 Cr | + 3383.33 % | + 98.99 % |
EPS in Rs | Rs. 10.11 | Rs. -0.61 | Rs. 20.15 | + 3403.28 % | + 99.31 % |
In reviewing Speedage Commercials Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a decrease of -57.14 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 57.14 % increase from the last quarter.
Net Profit showed yearly increase of 98.99 %, and experienced a 3383.33 % increase from the previous quarter. Earnings Per Share (EPS) rose by 99.31 % annually, however rose by 3403.28 % compared to the last quarter. In essence, while Speedage Commercials 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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