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Rungta Irrigation ‘s Q2 Report: Revenue Rises by 78.71% 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 78.71 % in the past year, substantial increase in net sales/revenue by 79.11 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -17.38 %, Marginal decrease of -0.79% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Rungta Irrigation Ltd.. Notable increase of 113.65 % in net profit Year to Year, Rungta Irrigation Ltd.’s profitability increased by 73.14 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 113.58 % Year to Year. EPS increased by 170.31 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Rungta Irrigation 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. 30.469 Cr Rs. 30.402 Cr Rs. 54.452 Cr + 79.11 % + 78.71 %
Expenses Rs. 29.31 Cr Rs. 28.69 Cr Rs. 50.6 Cr + 76.37 % + 72.64 %
Operating Profit Rs. 1.16 Cr Rs. 1.71 Cr Rs. 3.85 Cr + 125.15 % + 231.9 %
OPM % 3.81 % 5.62 % 7.07 % + 1.45 % + 3.26 %
Other Income Rs. 0.909 Cr Rs. 0.757 Cr Rs. 0.751 Cr -0.79 % -17.38 %
Interest Rs. 0.28 Cr Rs. 0.25 Cr Rs. 0.58 Cr + 132 % + 107.14 %
Depreciation Rs. 0.43 Cr Rs. 0.53 Cr Rs. 0.63 Cr + 18.87 % + 46.51 %
Profit before tax Rs. 1.36 Cr Rs. 1.69 Cr Rs. 3.39 Cr + 100.59 % + 149.26 %
Tax % 24.78 % 25.18 % 35.38 % + 10.2 % + 10.6 %
Net Profit Rs. 1.03 Cr Rs. 1.27 Cr Rs. 2.19 Cr + 72.44 % + 112.62 %
EPS in Rs Rs. 0.81 Rs. 0.64 Rs. 1.73 + 170.31 % + 113.58 %


Today, we’re looking at Rungta Irrigation Ltd.’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 78.71 %. However, it did see a marginal increase of 79.11 % from the previous quarter. Expenses ticked up slightly by 76.37 % quarter-on-quarter, aligning with the annual rise of 72.64 %. Operating profit, while up 231.9 % compared to last year, faced a quarter-on-quarter increase of 125.15 %, 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 3.26 %, but an expansion of 1.45 % sequentially. Other income fell by -0.79 % compared to the last quarter, despite an annual decline of -17.38 %. Interest expenses surged remarkably by 132 % from the previous quarter, yet the year-over-year increase remains at a moderate 107.14 %. Depreciation costs climbed by 18.87 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 46.51 %. Profit before tax grew annually by 149.26 % but saw an increase from the preceding quarter by 100.59 %.
Tax expenses as a percentage of profits increased slightly by 10.6 % compared to last year, with a more notable quarter-on-quarter increase of 10.2 %. Net profit rose by 112.62 % year-on-year but experienced a 72.44 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 113.58 % but a quarterly rise of 170.31 %. In summary, Rungta Irrigation 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. 30.469 Cr Rs. 30.402 Cr Rs. 54.452 Cr + 79.11 % + 78.71 %
Expenses Rs. 29.31 Cr Rs. 28.69 Cr Rs. 50.6 Cr + 76.37 % + 72.64 %
Operating Profit Rs. 1.16 Cr Rs. 1.71 Cr Rs. 3.85 Cr + 125.15 % + 231.9 %
Net Profit Rs. 1.03 Cr Rs. 1.27 Cr Rs. 2.19 Cr + 72.44 % + 112.62 %
EPS in Rs Rs. 0.81 Rs. 0.64 Rs. 1.73 + 170.31 % + 113.58 %


In reviewing Rungta Irrigation Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 78.71 % year-on-year growth, however, there was a minor increase of 79.11 % from the previous quarter. Expenses rose by 72.64 % compared to the previous year, with a 76.37 % increase quarter-on-quarter. Operating Profit surged by 231.9 % annually, and saw a 125.15 % increase from the last quarter.
Net Profit showed yearly increase of 112.62 %, and experienced a 72.44 % increase from the previous quarter. Earnings Per Share (EPS) rose by 113.58 % annually, however rose by 170.31 % compared to the last quarter. In essence, while Rungta Irrigation 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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