NIFTY 50 23415.15 ▲ (0.3%)
NIFTY NEXT 50 65001.65 ▼ (0.16%)
NIFTY 100 24101.2 ▲ (0.22%)
NIFTY MIDCAP 100 55118.45 ▲ (0.02%)
NIFTY SMALLCAP 100 17936.45 ▲ (0.4%)
NIFTY SMALLCAP 250 16918.6 ▲ (0.46%)
NIFTY MIDCAP SELECT 12325.1 ▼ (0.25%)
NIFTY TOTAL MARKET 12335.95 ▲ (0.25%)
NIFTY BANK 49318.85 ▼ (0.06%)
SENSEX 77176.46 ▲ (0.13%)
BSE BANKEX 55964.97 ▼ (0.13%)

Speedage Commercials ‘s Latest Q2 Report: Profit Up by 98.99% Year-on-Year

[fetch_key]

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.

The comprehensive analytics outlining the performance and outlook of Speedage Commercials 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. 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.

[my_shortcode1 values=”Speedage Commercials Ltd.,”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post