ETT announces Q2 results: Profit Rises by 35.42% YoY

The comprehensive analytics outlining the performance and outlook of ETT 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.

Today, we’re looking at ETT Limited’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 75 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter dip of -75 %, signaling a short-term contraction in margins.
Other income rose by 3.2 % compared to the last quarter, despite an annual growth of 17.49 %. Profit before tax grew annually by 19.35 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -9.97 % compared to last year, with a more notable quarter-on-quarter decrease of -13.11 %. Net profit rose by 35.42 % year-on-year but experienced a 16.07 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 34.78 % but a quarterly rise of 14.81 %. In summary, ETT Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing ETT Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 75 % increase quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a -75 % decrease from the last quarter.
Net Profit showed yearly increase of 35.42 %, and experienced a 16.07 % increase from the previous quarter. Earnings Per Share (EPS) rose by 34.78 % annually, however rose by 14.81 % compared to the last quarter. In essence, while ETT 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.