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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -10.91 % over the year, substantial increase in net sales/revenue by 48.45 %.
- 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 42.24 %. Marginal increase in other income during this quarter, up by 41.03%.
- Profit over the Year and quarter: Significant improvement in profitability for Cranex Ltd.,. Notable increase of 77.55 % in net profit Year to Year, Cranex Ltd.,’s profitability increased by 241.18 % in this quarter.
- EPS over the Year and quarter: EPS increased by 78.46 % Year to Year. EPS increased by 241.18 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 14.854 Cr | Rs. 8.915 Cr | Rs. 13.234 Cr | + 48.45 % | -10.91 % |
Expenses | Rs. 13.79 Cr | Rs. 8.16 Cr | Rs. 12.25 Cr | + 50.12 % | -11.17 % |
Operating Profit | Rs. 1.06 Cr | Rs. 0.76 Cr | Rs. 0.98 Cr | + 28.95 % | -7.55 % |
OPM % | 7.14 % | 8.52 % | 7.41 % | -1.11 % | + 0.27 % |
Other Income | Rs. 0.116 Cr | Rs. 0.117 Cr | Rs. 0.165 Cr | + 41.03 % | + 42.24 % |
Interest | Rs. 0.39 Cr | Rs. 0.53 Cr | Rs. 0.39 Cr | -26.42 % | + 0 % |
Depreciation | Rs. 0.08 Cr | Rs. 0.08 Cr | Rs. 0.08 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.71 Cr | Rs. 0.27 Cr | Rs. 0.68 Cr | + 151.85 % | -4.23 % |
Tax % | 44.79 % | 23.6 % | 2.65 % | -20.95 % | -42.14 % |
Net Profit | Rs. 0.39 Cr | Rs. 0.2 Cr | Rs. 0.7 Cr | + 250 % | + 79.49 % |
EPS in Rs | Rs. 0.65 | Rs. 0.34 | Rs. 1.16 | + 241.18 % | + 78.46 % |
Today, we’re looking at Cranex Ltd.,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -10.91 %. However, it did see a marginal increase of 48.45 % from the previous quarter. Expenses ticked up slightly by 50.12 % quarter-on-quarter, aligning with the annual decline of -11.17 %. Operating profit, while down -7.55 % compared to last year, faced a quarter-on-quarter increase of 28.95 %, 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 0.27 %, but a shrinkage of -1.11 % sequentially. Other income rose by 41.03 % compared to the last quarter, despite an annual growth of 42.24 %. Interest expenses dropped significantly by -26.42 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax declined annually by -4.23 % but saw an increase from the preceding quarter by 151.85 %.
Tax expenses as a percentage of profits decreased slightly by -42.14 % compared to last year, with a more notable quarter-on-quarter decrease of -20.95 %. Net profit rose by 79.49 % year-on-year but experienced a 250 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 78.46 % but a quarterly rise of 241.18 %. In summary, Cranex 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. 14.854 Cr | Rs. 8.915 Cr | Rs. 13.234 Cr | + 48.45 % | -10.91 % |
Expenses | Rs. 13.79 Cr | Rs. 8.16 Cr | Rs. 12.25 Cr | + 50.12 % | -11.17 % |
Operating Profit | Rs. 1.06 Cr | Rs. 0.76 Cr | Rs. 0.98 Cr | + 28.95 % | -7.55 % |
Net Profit | Rs. 0.39 Cr | Rs. 0.2 Cr | Rs. 0.7 Cr | + 250 % | + 79.49 % |
EPS in Rs | Rs. 0.65 | Rs. 0.34 | Rs. 1.16 | + 241.18 % | + 78.46 % |
In reviewing Cranex Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.91 % year-on-year, however, there was a minor increase of 48.45 % from the previous quarter. Expenses decreased by -11.17 % compared to the previous year, with a 50.12 % increase quarter-on-quarter. Operating Profit dropped by -7.55 % annually, and saw a 28.95 % increase from the last quarter.
Net Profit showed yearly increase of 79.49 %, and experienced a 250 % increase from the previous quarter. Earnings Per Share (EPS) rose by 78.46 % annually, however rose by 241.18 % compared to the last quarter. In essence, while Cranex 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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