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Palm Jewels Reports Q2: Revenue Up by 46.59% Year-on-Year

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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 experienced a substantial growth of 46.59 % in the past year, substantial increase in net sales/revenue by 2047.75 %.
  • Profit over the Year and quarter: Significant improvement in profitability for Palm Jewels Limited. Notable increase of 815.38 % in net profit Year to Year, Palm Jewels Limited’s profitability dropped by -57.65 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 700.00 % Year to Year. EPS decreased by -57.14 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Palm Jewels 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. 33.785 Cr Rs. 2.306 Cr Rs. 49.527 Cr + 2047.75 % + 46.59 %
Expenses Rs. 33.67 Cr Rs. 1.72 Cr Rs. 49.17 Cr + 2758.72 % + 46.04 %
Operating Profit Rs. 0.12 Cr Rs. 0.59 Cr Rs. 0.36 Cr -38.98 % + 200 %
OPM % 0.36 % 25.59 % 0.73 % -24.86 % + 0.37 %
Other Income Rs. 0.004 Cr Rs. 0.001 Cr Rs. 0 Cr 0 % 0 %
Interest Rs. 0.06 Cr Rs. 0 Cr Rs. 0.04 Cr 0 % -33.33 %
Depreciation Rs. 0.02 Cr Rs. 0 Cr Rs. 0.04 Cr 0 % + 100 %
Profit before tax Rs. 0.04 Cr Rs. 0.59 Cr Rs. 0.28 Cr -52.54 % + 600 %
Tax % 27.78 % 5.07 % 15.55 % + 10.48 % -12.23 %
Net Profit Rs. 0.03 Cr Rs. 0.56 Cr Rs. 0.24 Cr -57.14 % + 700 %
EPS in Rs Rs. 0.03 Rs. 0.56 Rs. 0.24 -57.14 % + 700 %


Today, we’re looking at Palm Jewels 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 46.59 %. However, it did see a marginal increase of 2047.75 % from the previous quarter. Expenses ticked up slightly by 2758.72 % quarter-on-quarter, aligning with the annual rise of 46.04 %. Operating profit, while up 200 % compared to last year, faced a quarter-on-quarter dip of -38.98 %, 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 0.37 %, but a shrinkage of -24.86 % sequentially. yet the year-over-year decrease remains at a moderate -33.33 %. whereas on an annual scale, they saw an increase of 100 %. Profit before tax grew annually by 600 % but saw a reduction from the preceding quarter by -52.54 %.
Tax expenses as a percentage of profits decreased slightly by -12.23 % compared to last year, with a more notable quarter-on-quarter increase of 10.48 %. Net profit rose by 700 % year-on-year but witnessed a -57.14 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 700 % but a quarterly fall of -57.14 %. In summary, Palm Jewels 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. 33.785 Cr Rs. 2.306 Cr Rs. 49.527 Cr + 2047.75 % + 46.59 %
Expenses Rs. 33.67 Cr Rs. 1.72 Cr Rs. 49.17 Cr + 2758.72 % + 46.04 %
Operating Profit Rs. 0.12 Cr Rs. 0.59 Cr Rs. 0.36 Cr -38.98 % + 200 %
Net Profit Rs. 0.03 Cr Rs. 0.56 Cr Rs. 0.24 Cr -57.14 % + 700 %
EPS in Rs Rs. 0.03 Rs. 0.56 Rs. 0.24 -57.14 % + 700 %


In reviewing Palm Jewels Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 46.59 % year-on-year growth, however, there was a minor increase of 2047.75 % from the previous quarter. Expenses rose by 46.04 % compared to the previous year, with a 2758.72 % increase quarter-on-quarter. Operating Profit surged by 200 % annually, and saw a -38.98 % decrease from the last quarter.
Net Profit showed yearly increase of 700 %, and experienced a -57.14 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 700 % annually, however dipped by -57.14 % compared to the last quarter. In essence, while Palm Jewels 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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