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Lokesh Machines announces Q2 results: Profit Rises by 6.08% 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’s sales declined by -1.44 % over the year, substantial increase in net sales/revenue by 20.46 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -26.28 %, Marginal decrease of -59.36% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Lokesh Machines Limited. Notable increase of 6.02 % in net profit Year to Year, Lokesh Machines Limited’s profitability increased by 238.35 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 2.17 % Year to Year. EPS increased by 235.71 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Lokesh Machines 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. 76.415 Cr Rs. 62.526 Cr Rs. 75.317 Cr + 20.46 % -1.44 %
Expenses Rs. 66.61 Cr Rs. 54.49 Cr Rs. 63.18 Cr + 15.95 % -5.15 %
Operating Profit Rs. 9.8 Cr Rs. 8.04 Cr Rs. 12.14 Cr + 51 % + 23.88 %
OPM % 12.82 % 12.86 % 16.12 % + 3.26 % + 3.3 %
Other Income Rs. 0.274 Cr Rs. 0.497 Cr Rs. 0.202 Cr -59.36 % -26.28 %
Interest Rs. 2.98 Cr Rs. 3.69 Cr Rs. 3.79 Cr + 2.71 % + 27.18 %
Depreciation Rs. 2.4 Cr Rs. 3.31 Cr Rs. 3.35 Cr + 1.21 % + 39.58 %
Profit before tax Rs. 4.69 Cr Rs. 1.54 Cr Rs. 5.2 Cr + 237.66 % + 10.87 %
Tax % 30 % 32.96 % 32.99 % + 0.03 % + 2.99 %
Net Profit Rs. 3.29 Cr Rs. 1.03 Cr Rs. 3.49 Cr + 238.83 % + 6.08 %
EPS in Rs Rs. 1.84 Rs. 0.56 Rs. 1.88 + 235.71 % + 2.17 %


Today, we’re looking at Lokesh Machines Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -1.44 %. However, it did see a marginal increase of 20.46 % from the previous quarter. Expenses ticked up slightly by 15.95 % quarter-on-quarter, aligning with the annual decline of -5.15 %. Operating profit, while up 23.88 % compared to last year, faced a quarter-on-quarter increase of 51 %, 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 3.3 %, but an expansion of 3.26 % sequentially. Other income fell by -59.36 % compared to the last quarter, despite an annual decline of -26.28 %. Interest expenses surged remarkably by 2.71 % from the previous quarter, yet the year-over-year increase remains at a moderate 27.18 %. Depreciation costs climbed by 1.21 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 39.58 %. Profit before tax grew annually by 10.87 % but saw an increase from the preceding quarter by 237.66 %.
Tax expenses as a percentage of profits increased slightly by 2.99 % compared to last year, with a more notable quarter-on-quarter increase of 0.03 %. Net profit rose by 6.08 % year-on-year but experienced a 238.83 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 2.17 % but a quarterly rise of 235.71 %. In summary, Lokesh Machines 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. 76.415 Cr Rs. 62.526 Cr Rs. 75.317 Cr + 20.46 % -1.44 %
Expenses Rs. 66.61 Cr Rs. 54.49 Cr Rs. 63.18 Cr + 15.95 % -5.15 %
Operating Profit Rs. 9.8 Cr Rs. 8.04 Cr Rs. 12.14 Cr + 51 % + 23.88 %
Net Profit Rs. 3.29 Cr Rs. 1.03 Cr Rs. 3.49 Cr + 238.83 % + 6.08 %
EPS in Rs Rs. 1.84 Rs. 0.56 Rs. 1.88 + 235.71 % + 2.17 %


In reviewing Lokesh Machines Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -1.44 % year-on-year, however, there was a minor increase of 20.46 % from the previous quarter. Expenses decreased by -5.15 % compared to the previous year, with a 15.95 % increase quarter-on-quarter. Operating Profit surged by 23.88 % annually, and saw a 51 % increase from the last quarter.
Net Profit showed yearly increase of 6.08 %, and experienced a 238.83 % increase from the previous quarter. Earnings Per Share (EPS) rose by 2.17 % annually, however rose by 235.71 % compared to the last quarter. In essence, while Lokesh Machines 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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