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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.
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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