Share the post "Easy Trip Planners ‘s Q2 Results: Profit Drops by 42.93% YoY"
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 2.1 % in the past year, decrease in net sales/revenue by -5.2 %.
- 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 83.51 %. Marginal increase in other income during this quarter, up by 45.81%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Easy Trip Planners Limited. Profit dropped by -42.93 % Year to Year, Easy Trip Planners Limited’s profitability dropped by -21.02 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -44.44 % Year to Year. EPS decreased by -21.05 % 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. 141.694 Cr | Rs. 152.602 Cr | Rs. 144.671 Cr | -5.2 % | + 2.1 % |
Expenses | Rs. 76.92 Cr | Rs. 105.63 Cr | Rs. 107.65 Cr | + 1.91 % | + 39.95 % |
Operating Profit | Rs. 64.77 Cr | Rs. 46.97 Cr | Rs. 37.02 Cr | -21.18 % | -42.84 % |
OPM % | 45.71 % | 30.78 % | 25.59 % | -5.19 % | -20.12 % |
Other Income | Rs. 2.874 Cr | Rs. 3.617 Cr | Rs. 5.274 Cr | + 45.81 % | + 83.51 % |
Interest | Rs. 2 Cr | Rs. 1.15 Cr | Rs. 1.44 Cr | + 25.22 % | -28 % |
Depreciation | Rs. 1 Cr | Rs. 2.26 Cr | Rs. 3.61 Cr | + 59.73 % | + 261 % |
Profit before tax | Rs. 64.64 Cr | Rs. 47.18 Cr | Rs. 37.24 Cr | -21.07 % | -42.39 % |
Tax % | 27.37 % | 28.09 % | 28.05 % | -0.04 % | + 0.68 % |
Net Profit | Rs. 46.96 Cr | Rs. 33.93 Cr | Rs. 26.8 Cr | -21.01 % | -42.93 % |
EPS in Rs | Rs. 0.27 | Rs. 0.19 | Rs. 0.15 | -21.05 % | -44.44 % |
Today, we’re looking at Easy Trip Planners 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 2.1 %. However, it did see a marginal slip of -5.2 % from the previous quarter. Expenses ticked up slightly by 1.91 % quarter-on-quarter, aligning with the annual rise of 39.95 %. Operating profit, while down -42.84 % compared to last year, faced a quarter-on-quarter dip of -21.18 %, 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 -20.12 %, but a shrinkage of -5.19 % sequentially. Other income rose by 45.81 % compared to the last quarter, despite an annual growth of 83.51 %. Interest expenses surged remarkably by 25.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28 %. Depreciation costs climbed by 59.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 261 %. Profit before tax declined annually by -42.39 % but saw a reduction from the preceding quarter by -21.07 %.
Tax expenses as a percentage of profits increased slightly by 0.68 % compared to last year, with a more notable quarter-on-quarter decrease of -0.04 %. Net profit fell by -42.93 % year-on-year but witnessed a -21.01 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -44.44 % but a quarterly fall of -21.05 %. In summary, Easy Trip Planners 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. 141.694 Cr | Rs. 152.602 Cr | Rs. 144.671 Cr | -5.2 % | + 2.1 % |
Expenses | Rs. 76.92 Cr | Rs. 105.63 Cr | Rs. 107.65 Cr | + 1.91 % | + 39.95 % |
Operating Profit | Rs. 64.77 Cr | Rs. 46.97 Cr | Rs. 37.02 Cr | -21.18 % | -42.84 % |
Net Profit | Rs. 46.96 Cr | Rs. 33.93 Cr | Rs. 26.8 Cr | -21.01 % | -42.93 % |
EPS in Rs | Rs. 0.27 | Rs. 0.19 | Rs. 0.15 | -21.05 % | -44.44 % |
In reviewing Easy Trip Planners Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.1 % year-on-year growth, although there was a slight dip of -5.2 % from the previous quarter. Expenses rose by 39.95 % compared to the previous year, with a 1.91 % increase quarter-on-quarter. Operating Profit dropped by -42.84 % annually, and saw a -21.18 % decrease from the last quarter.
Net Profit showed yearly decrease of -42.93 %, and experienced a -21.01 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -44.44 % annually, however dipped by -21.05 % compared to the last quarter. In essence, while Easy Trip Planners Limited 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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