Share the post "Nutech Global announces Q2 results: Profit Rises by 42.86% YoY"
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 4.97 % in the past year, substantial increase in net sales/revenue by 1.36 %.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Nutech Global Ltd.. Profit dropped by -42.03 % Year to Year, Nutech Global Ltd.’s profitability dropped by -61.72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -41.86 % Year to Year. EPS decreased by -61.54 % 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. 9.913 Cr | Rs. 10.266 Cr | Rs. 10.406 Cr | + 1.36 % | + 4.97 % |
Expenses | Rs. 9.71 Cr | Rs. 10.17 Cr | Rs. 10.1 Cr | -0.69 % | + 4.02 % |
Operating Profit | Rs. 0.2 Cr | Rs. 0.1 Cr | Rs. 0.31 Cr | + 210 % | + 55 % |
OPM % | 2.02 % | 0.97 % | 2.98 % | + 2.01 % | + 0.96 % |
Other Income | Rs. 0 Cr | Rs. 0.006 Cr | Rs. 0.006 Cr | + 0 % | 0 % |
Interest | Rs. 0.25 Cr | Rs. 0.23 Cr | Rs. 0.31 Cr | + 34.78 % | + 24 % |
Depreciation | Rs. 0.09 Cr | Rs. 0.09 Cr | Rs. 0.08 Cr | -11.11 % | -11.11 % |
Profit before tax | Rs. -0.14 Cr | Rs. -0.21 Cr | Rs. -0.07 Cr | + 66.67 % | + 50 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.14 Cr | Rs. -0.21 Cr | Rs. -0.08 Cr | + 61.9 % | + 42.86 % |
EPS in Rs | Rs. -0.43 | Rs. -0.65 | Rs. -0.25 | + 61.54 % | + 41.86 % |
Today, we’re looking at Nutech Global 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 4.97 %. However, it did see a marginal increase of 1.36 % from the previous quarter. Expenses decreased slightly by -0.69 % quarter-on-quarter, aligning with the annual rise of 4.02 %. Operating profit, while up 55 % compared to last year, faced a quarter-on-quarter increase of 210 %, 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 0.96 %, but an expansion of 2.01 % sequentially. Other income rose by 0 % compared to the last quarter, Interest expenses surged remarkably by 34.78 % from the previous quarter, yet the year-over-year increase remains at a moderate 24 %. Depreciation costs fell by -11.11 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -11.11 %. Profit before tax grew annually by 50 % but saw an increase from the preceding quarter by 66.67 %.
Net profit rose by 42.86 % year-on-year but experienced a 61.9 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 41.86 % but a quarterly rise of 61.54 %. In summary, Nutech Global 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. 9.913 Cr | Rs. 10.266 Cr | Rs. 10.406 Cr | + 1.36 % | + 4.97 % |
Expenses | Rs. 9.71 Cr | Rs. 10.17 Cr | Rs. 10.1 Cr | -0.69 % | + 4.02 % |
Operating Profit | Rs. 0.2 Cr | Rs. 0.1 Cr | Rs. 0.31 Cr | + 210 % | + 55 % |
Net Profit | Rs. -0.14 Cr | Rs. -0.21 Cr | Rs. -0.08 Cr | + 61.9 % | + 42.86 % |
EPS in Rs | Rs. -0.43 | Rs. -0.65 | Rs. -0.25 | + 61.54 % | + 41.86 % |
In reviewing Nutech Global Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.97 % year-on-year growth, however, there was a minor increase of 1.36 % from the previous quarter. Expenses rose by 4.02 % compared to the previous year, with a decrease of -0.69 % quarter-on-quarter. Operating Profit surged by 55 % annually, and saw a 210 % increase from the last quarter.
Net Profit showed yearly increase of 42.86 %, and experienced a 61.9 % increase from the previous quarter. Earnings Per Share (EPS) rose by 41.86 % annually, however rose by 61.54 % compared to the last quarter. In essence, while Nutech Global 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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