Share the post "Polycon International ‘s Q2 Results: Profit Drops by 50% 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 11.09 % in the past year, substantial increase in net sales/revenue by 1.01 %.
- 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 700 %. Marginal increase in other income during this quarter, up by 380%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Polycon International Ltd.. Profit dropped by -44.44 % Year to Year, Polycon International Ltd.’s profitability dropped by -105.99 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -50.00 % Year to Year. EPS decreased by -105.88 % 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. 5.313 Cr | Rs. 5.843 Cr | Rs. 5.902 Cr | + 1.01 % | + 11.09 % |
Expenses | Rs. 4.5 Cr | Rs. 5.32 Cr | Rs. 5.05 Cr | -5.08 % | + 12.22 % |
Operating Profit | Rs. 0.81 Cr | Rs. 0.52 Cr | Rs. 0.85 Cr | + 63.46 % | + 4.94 % |
OPM % | 15.25 % | 8.9 % | 14.4 % | + 5.5 % | -0.85 % |
Other Income | Rs. 0.003 Cr | Rs. 0.005 Cr | Rs. 0.024 Cr | + 380 % | + 700 % |
Interest | Rs. 0.51 Cr | Rs. 0.54 Cr | Rs. 0.55 Cr | + 1.85 % | + 7.84 % |
Depreciation | Rs. 0.25 Cr | Rs. 0.32 Cr | Rs. 0.34 Cr | + 6.25 % | + 36 % |
Profit before tax | Rs. 0.05 Cr | Rs. -0.34 Cr | Rs. -0.02 Cr | + 94.12 % | -140 % |
Tax % | 33.33 % | -0 % | -233.33 % | -233.33 % | -266.66 % |
Net Profit | Rs. 0.04 Cr | Rs. -0.33 Cr | Rs. 0.02 Cr | + 106.06 % | -50 % |
EPS in Rs | Rs. 0.08 | Rs. -0.68 | Rs. 0.04 | + 105.88 % | -50 % |
Today, we’re looking at Polycon International 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 11.09 %. However, it did see a marginal increase of 1.01 % from the previous quarter. Expenses decreased slightly by -5.08 % quarter-on-quarter, aligning with the annual rise of 12.22 %. Operating profit, while up 4.94 % compared to last year, faced a quarter-on-quarter increase of 63.46 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.85 %, but an expansion of 5.5 % sequentially. Other income rose by 380 % compared to the last quarter, despite an annual growth of 700 %. Interest expenses surged remarkably by 1.85 % from the previous quarter, yet the year-over-year increase remains at a moderate 7.84 %. Depreciation costs climbed by 6.25 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 36 %. Profit before tax declined annually by -140 % but saw an increase from the preceding quarter by 94.12 %.
Tax expenses as a percentage of profits decreased slightly by -266.66 % compared to last year, with a more notable quarter-on-quarter decrease of -233.33 %. Net profit fell by -50 % year-on-year but experienced a 106.06 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly rise of 105.88 %. In summary, Polycon International 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. 5.313 Cr | Rs. 5.843 Cr | Rs. 5.902 Cr | + 1.01 % | + 11.09 % |
Expenses | Rs. 4.5 Cr | Rs. 5.32 Cr | Rs. 5.05 Cr | -5.08 % | + 12.22 % |
Operating Profit | Rs. 0.81 Cr | Rs. 0.52 Cr | Rs. 0.85 Cr | + 63.46 % | + 4.94 % |
Net Profit | Rs. 0.04 Cr | Rs. -0.33 Cr | Rs. 0.02 Cr | + 106.06 % | -50 % |
EPS in Rs | Rs. 0.08 | Rs. -0.68 | Rs. 0.04 | + 105.88 % | -50 % |
In reviewing Polycon International Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.09 % year-on-year growth, however, there was a minor increase of 1.01 % from the previous quarter. Expenses rose by 12.22 % compared to the previous year, with a decrease of -5.08 % quarter-on-quarter. Operating Profit surged by 4.94 % annually, and saw a 63.46 % increase from the last quarter.
Net Profit showed yearly decrease of -50 %, and experienced a 106.06 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however rose by 105.88 % compared to the last quarter. In essence, while Polycon International Ltd. faces strong annual decline 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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