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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 experienced a substantial growth of 6.38 % in the past year, decrease in net sales/revenue by -11.31 %.
- 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 17.74 %. Marginal decrease of -26.32% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Crompton Greaves Consumer Electricals Limited. Notable increase of 26.97 % in net profit Year to Year, Crompton Greaves Consumer Electricals Limited’s profitability dropped by -15.94 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 27.63 % Year to Year. EPS decreased by -17.8 % 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. 1782.27 Cr | Rs. 2137.69 Cr | Rs. 1896.01 Cr | -11.31 % | + 6.38 % |
Expenses | Rs. 1607.75 Cr | Rs. 1905.32 Cr | Rs. 1692.59 Cr | -11.17 % | + 5.28 % |
Operating Profit | Rs. 174.52 Cr | Rs. 232.37 Cr | Rs. 203.42 Cr | -12.46 % | + 16.56 % |
OPM % | 9.79 % | 10.87 % | 10.73 % | -0.14 % | + 0.94 % |
Other Income | Rs. 14.88 Cr | Rs. 23.78 Cr | Rs. 17.52 Cr | -26.32 % | + 17.74 % |
Interest | Rs. 21.53 Cr | Rs. 15.52 Cr | Rs. 12.04 Cr | -22.42 % | -44.08 % |
Depreciation | Rs. 32.12 Cr | Rs. 37.15 Cr | Rs. 38.16 Cr | + 2.72 % | + 18.8 % |
Profit before tax | Rs. 135.75 Cr | Rs. 203.48 Cr | Rs. 170.74 Cr | -16.09 % | + 25.78 % |
Tax % | 25.69 % | 25.13 % | 24.99 % | -0.14 % | -0.7 % |
Net Profit | Rs. 100.87 Cr | Rs. 152.35 Cr | Rs. 128.07 Cr | -15.94 % | + 26.97 % |
EPS in Rs | Rs. 1.52 | Rs. 2.36 | Rs. 1.94 | -17.8 % | + 27.63 % |
Today, we’re looking at Crompton Greaves Consumer Electricals Limited’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 6.38 %. However, it did see a marginal slip of -11.31 % from the previous quarter. Expenses decreased slightly by -11.17 % quarter-on-quarter, aligning with the annual rise of 5.28 %. Operating profit, while up 16.56 % compared to last year, faced a quarter-on-quarter dip of -12.46 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.94 %, but a shrinkage of -0.14 % sequentially. Other income fell by -26.32 % compared to the last quarter, despite an annual growth of 17.74 %. Interest expenses dropped significantly by -22.42 % from the previous quarter, yet the year-over-year decrease remains at a moderate -44.08 %. Depreciation costs climbed by 2.72 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.8 %. Profit before tax grew annually by 25.78 % but saw a reduction from the preceding quarter by -16.09 %.
Tax expenses as a percentage of profits decreased slightly by -0.7 % compared to last year, with a more notable quarter-on-quarter decrease of -0.14 %. Net profit rose by 26.97 % year-on-year but witnessed a -15.94 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.63 % but a quarterly fall of -17.8 %. In summary, Crompton Greaves Consumer Electricals 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. 1782.27 Cr | Rs. 2137.69 Cr | Rs. 1896.01 Cr | -11.31 % | + 6.38 % |
Expenses | Rs. 1607.75 Cr | Rs. 1905.32 Cr | Rs. 1692.59 Cr | -11.17 % | + 5.28 % |
Operating Profit | Rs. 174.52 Cr | Rs. 232.37 Cr | Rs. 203.42 Cr | -12.46 % | + 16.56 % |
Net Profit | Rs. 100.87 Cr | Rs. 152.35 Cr | Rs. 128.07 Cr | -15.94 % | + 26.97 % |
EPS in Rs | Rs. 1.52 | Rs. 2.36 | Rs. 1.94 | -17.8 % | + 27.63 % |
In reviewing Crompton Greaves Consumer Electricals Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.38 % year-on-year growth, although there was a slight dip of -11.31 % from the previous quarter. Expenses rose by 5.28 % compared to the previous year, with a decrease of -11.17 % quarter-on-quarter. Operating Profit surged by 16.56 % annually, and saw a -12.46 % decrease from the last quarter.
Net Profit showed yearly increase of 26.97 %, and experienced a -15.94 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 27.63 % annually, however dipped by -17.8 % compared to the last quarter. In essence, while Crompton Greaves Consumer Electricals Limited exhibits strong annual growth 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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