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Shri Gang Industries & Allied Products ‘s Q2 Financial results: Revenue Grows by 33.79% 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 33.79 % in the past year, substantial increase in net sales/revenue by 24.63 %.
  • 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 34.29 %. Marginal increase in other income during this quarter, up by 129.27%.
  • Profit over the Year and quarter: Significant improvement in profitability for Shri Gang Industries & Allied Products Limited. Notable increase of 354.85 % in net profit Year to Year, Shri Gang Industries & Allied Products Limited’s profitability increased by 668.16 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 354.75 % Year to Year. EPS increased by 667.18 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Shri Gang Industries & Allied Products 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. 78.937 Cr Rs. 84.739 Cr Rs. 105.611 Cr + 24.63 % + 33.79 %
Expenses Rs. 71.23 Cr Rs. 77.52 Cr Rs. 82.74 Cr + 6.73 % + 16.16 %
Operating Profit Rs. 7.71 Cr Rs. 7.22 Cr Rs. 22.87 Cr + 216.76 % + 196.63 %
OPM % 9.77 % 8.52 % 21.65 % + 13.13 % + 11.88 %
Other Income Rs. 0.14 Cr Rs. 0.082 Cr Rs. 0.188 Cr + 129.27 % + 34.29 %
Interest Rs. 2.81 Cr Rs. 2.79 Cr Rs. 3.58 Cr + 28.32 % + 27.4 %
Depreciation Rs. 1.31 Cr Rs. 1.37 Cr Rs. 1.41 Cr + 2.92 % + 7.63 %
Profit before tax Rs. 3.73 Cr Rs. 3.14 Cr Rs. 18.07 Cr + 475.48 % + 384.45 %
Tax % 6.22 % 25.38 % 0.29 % -25.09 % -5.93 %
Net Profit Rs. 3.96 Cr Rs. 2.35 Cr Rs. 18.02 Cr + 666.81 % + 355.05 %
EPS in Rs Rs. 2.21 Rs. 1.31 Rs. 10.05 + 667.18 % + 354.75 %


Today, we’re looking at Shri Gang Industries & Allied Products 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 33.79 %. However, it did see a marginal increase of 24.63 % from the previous quarter. Expenses ticked up slightly by 6.73 % quarter-on-quarter, aligning with the annual rise of 16.16 %. Operating profit, while up 196.63 % compared to last year, faced a quarter-on-quarter increase of 216.76 %, 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 11.88 %, but an expansion of 13.13 % sequentially. Other income rose by 129.27 % compared to the last quarter, despite an annual growth of 34.29 %. Interest expenses surged remarkably by 28.32 % from the previous quarter, yet the year-over-year increase remains at a moderate 27.4 %. Depreciation costs climbed by 2.92 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.63 %. Profit before tax grew annually by 384.45 % but saw an increase from the preceding quarter by 475.48 %.
Tax expenses as a percentage of profits decreased slightly by -5.93 % compared to last year, with a more notable quarter-on-quarter decrease of -25.09 %. Net profit rose by 355.05 % year-on-year but experienced a 666.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 354.75 % but a quarterly rise of 667.18 %. In summary, Shri Gang Industries & Allied Products 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. 78.937 Cr Rs. 84.739 Cr Rs. 105.611 Cr + 24.63 % + 33.79 %
Expenses Rs. 71.23 Cr Rs. 77.52 Cr Rs. 82.74 Cr + 6.73 % + 16.16 %
Operating Profit Rs. 7.71 Cr Rs. 7.22 Cr Rs. 22.87 Cr + 216.76 % + 196.63 %
Net Profit Rs. 3.96 Cr Rs. 2.35 Cr Rs. 18.02 Cr + 666.81 % + 355.05 %
EPS in Rs Rs. 2.21 Rs. 1.31 Rs. 10.05 + 667.18 % + 354.75 %


In reviewing Shri Gang Industries & Allied Products Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 33.79 % year-on-year growth, however, there was a minor increase of 24.63 % from the previous quarter. Expenses rose by 16.16 % compared to the previous year, with a 6.73 % increase quarter-on-quarter. Operating Profit surged by 196.63 % annually, and saw a 216.76 % increase from the last quarter.
Net Profit showed yearly increase of 355.05 %, and experienced a 666.81 % increase from the previous quarter. Earnings Per Share (EPS) rose by 354.75 % annually, however rose by 667.18 % compared to the last quarter. In essence, while Shri Gang Industries & Allied Products 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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