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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -58.53 % over the year, decrease in net sales/revenue by -46.55 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -70.65 %, Marginal decrease of -36.59% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Parsvnath Developers Ltd.. Notable increase of 71.04 % in net profit Year to Year, Parsvnath Developers Ltd.’s profitability increased by 26.85 % in this quarter.
- EPS over the Year and quarter: EPS increased by 71.93 % Year to Year. EPS increased by 26.72 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 113.462 Cr | Rs. 88.018 Cr | Rs. 47.048 Cr | -46.55 % | -58.53 % |
Expenses | Rs. 109.5 Cr | Rs. 75.33 Cr | Rs. 57.47 Cr | -23.71 % | -47.52 % |
Operating Profit | Rs. 3.96 Cr | Rs. 12.69 Cr | Rs. -10.42 Cr | -182.11 % | -363.13 % |
OPM % | 3.49 % | 14.42 % | -22.15 % | -36.57 % | -25.64 % |
Other Income | Rs. 4.559 Cr | Rs. 2.11 Cr | Rs. 1.338 Cr | -36.59 % | -70.65 % |
Interest | Rs. 68.9 Cr | Rs. 100.69 Cr | Rs. 105.54 Cr | + 4.82 % | + 53.18 % |
Depreciation | Rs. 14.48 Cr | Rs. 13.27 Cr | Rs. 13.41 Cr | + 1.06 % | -7.39 % |
Profit before tax | Rs. -74.86 Cr | Rs. -99.16 Cr | Rs. -128.03 Cr | -29.11 % | -71.03 % |
Tax % | -0 % | -1.78 % | -0 % | + 1.78 % | 0 % |
Net Profit | Rs. -74.85 Cr | Rs. -100.93 Cr | Rs. -128.03 Cr | -26.85 % | -71.05 % |
EPS in Rs | Rs. -1.71 | Rs. -2.32 | Rs. -2.94 | -26.72 % | -71.93 % |
Today, we’re looking at Parsvnath Developers Ltd.’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 -58.53 %. However, it did see a marginal slip of -46.55 % from the previous quarter. Expenses decreased slightly by -23.71 % quarter-on-quarter, aligning with the annual decline of -47.52 %. Operating profit, while down -363.13 % compared to last year, faced a quarter-on-quarter dip of -182.11 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -25.64 %, but a shrinkage of -36.57 % sequentially. Other income fell by -36.59 % compared to the last quarter, despite an annual decline of -70.65 %. Interest expenses surged remarkably by 4.82 % from the previous quarter, yet the year-over-year increase remains at a moderate 53.18 %. Depreciation costs climbed by 1.06 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.39 %. Profit before tax declined annually by -71.03 % but saw a reduction from the preceding quarter by -29.11 %.
with a more notable quarter-on-quarter increase of 1.78 %. Net profit fell by -71.05 % year-on-year but witnessed a -26.85 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -71.93 % but a quarterly fall of -26.72 %. In summary, Parsvnath Developers 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. 113.462 Cr | Rs. 88.018 Cr | Rs. 47.048 Cr | -46.55 % | -58.53 % |
Expenses | Rs. 109.5 Cr | Rs. 75.33 Cr | Rs. 57.47 Cr | -23.71 % | -47.52 % |
Operating Profit | Rs. 3.96 Cr | Rs. 12.69 Cr | Rs. -10.42 Cr | -182.11 % | -363.13 % |
Net Profit | Rs. -74.85 Cr | Rs. -100.93 Cr | Rs. -128.03 Cr | -26.85 % | -71.05 % |
EPS in Rs | Rs. -1.71 | Rs. -2.32 | Rs. -2.94 | -26.72 % | -71.93 % |
In reviewing Parsvnath Developers Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -58.53 % year-on-year, although there was a slight dip of -46.55 % from the previous quarter. Expenses decreased by -47.52 % compared to the previous year, with a decrease of -23.71 % quarter-on-quarter. Operating Profit dropped by -363.13 % annually, and saw a -182.11 % decrease from the last quarter.
Net Profit showed yearly decrease of -71.05 %, and experienced a -26.85 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -71.93 % annually, however dipped by -26.72 % compared to the last quarter. In essence, while Parsvnath Developers Ltd. faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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