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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 2 % in the past year, decrease in net sales/revenue by -8.94 %.
- 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 109.33 %. Marginal decrease of -20.17% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for DIC India Limited. Profit dropped by -114.34 % Year to Year, DIC India Limited’s profitability dropped by -68.05 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -114.33 % Year to Year. EPS decreased by -68.05 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 216.67 Cr | Rs. 242.701 Cr | Rs. 221.01 Cr | -8.94 % | + 2 % |
Expenses | Rs. 212.19 Cr | Rs. 231.1 Cr | Rs. 213.73 Cr | -7.52 % | + 0.73 % |
Operating Profit | Rs. 4.48 Cr | Rs. 11.6 Cr | Rs. 7.28 Cr | -37.24 % | + 62.5 % |
OPM % | 2.07 % | 4.78 % | 3.29 % | -1.49 % | + 1.22 % |
Other Income | Rs. -16.544 Cr | Rs. 1.934 Cr | Rs. 1.544 Cr | -20.17 % | + 109.33 % |
Interest | Rs. 1.13 Cr | Rs. 0.32 Cr | Rs. 0.34 Cr | + 6.25 % | -69.91 % |
Depreciation | Rs. 5.01 Cr | Rs. 4.86 Cr | Rs. 4.76 Cr | -2.06 % | -4.99 % |
Profit before tax | Rs. -18.2 Cr | Rs. 8.35 Cr | Rs. 3.72 Cr | -55.45 % | + 120.44 % |
Tax % | -23.99 % | 25.73 % | 46.77 % | + 21.04 % | + 70.76 % |
Net Profit | Rs. -13.83 Cr | Rs. 6.21 Cr | Rs. 1.98 Cr | -68.12 % | + 114.32 % |
EPS in Rs | Rs. -15.07 | Rs. 0 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at DIC India 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 2 %. However, it did see a marginal slip of -8.94 % from the previous quarter. Expenses decreased slightly by -7.52 % quarter-on-quarter, aligning with the annual rise of 0.73 %. Operating profit, while up 62.5 % compared to last year, faced a quarter-on-quarter dip of -37.24 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.22 %, but a shrinkage of -1.49 % sequentially. Other income fell by -20.17 % compared to the last quarter, despite an annual growth of 109.33 %. Interest expenses surged remarkably by 6.25 % from the previous quarter, yet the year-over-year decrease remains at a moderate -69.91 %. Depreciation costs fell by -2.06 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.99 %. Profit before tax grew annually by 120.44 % but saw a reduction from the preceding quarter by -55.45 %.
Tax expenses as a percentage of profits increased slightly by 70.76 % compared to last year, with a more notable quarter-on-quarter increase of 21.04 %. Net profit rose by 114.32 % year-on-year but witnessed a -68.12 % contraction from the last quarter. In summary, DIC India 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. 216.67 Cr | Rs. 242.701 Cr | Rs. 221.01 Cr | -8.94 % | + 2 % |
Expenses | Rs. 212.19 Cr | Rs. 231.1 Cr | Rs. 213.73 Cr | -7.52 % | + 0.73 % |
Operating Profit | Rs. 4.48 Cr | Rs. 11.6 Cr | Rs. 7.28 Cr | -37.24 % | + 62.5 % |
Net Profit | Rs. -13.83 Cr | Rs. 6.21 Cr | Rs. 1.98 Cr | -68.12 % | + 114.32 % |
EPS in Rs | Rs. -15.07 | Rs. 0 | Rs. 0 | 0 % | 0 % |
In reviewing DIC India Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2 % year-on-year growth, although there was a slight dip of -8.94 % from the previous quarter. Expenses rose by 0.73 % compared to the previous year, with a decrease of -7.52 % quarter-on-quarter. Operating Profit surged by 62.5 % annually, and saw a -37.24 % decrease from the last quarter.
Net Profit showed yearly increase of 114.32 %, and experienced a -68.12 % decrease from the previous quarter. In essence, while DIC India Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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