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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 1.27 % in the past year, substantial increase in net sales/revenue by 7.68 %.
- 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 87.35 %. Marginal decrease of -22.13% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Rishabh Instruments Limited. Profit dropped by -82.51 % Year to Year, Rishabh Instruments Limited’s profitability increased by 21.07 % in this quarter.
- EPS over the Year and quarter: EPS declined by -81.48 % Year to Year. EPS increased by 13.68 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 180.065 Cr | Rs. 169.345 Cr | Rs. 182.359 Cr | + 7.68 % | + 1.27 % |
Expenses | Rs. 148.39 Cr | Rs. 161.79 Cr | Rs. 171.96 Cr | + 6.29 % | + 15.88 % |
Operating Profit | Rs. 31.68 Cr | Rs. 7.56 Cr | Rs. 10.4 Cr | + 37.57 % | -67.17 % |
OPM % | 17.59 % | 4.46 % | 5.7 % | + 1.24 % | -11.89 % |
Other Income | Rs. 1.621 Cr | Rs. 3.9 Cr | Rs. 3.037 Cr | -22.13 % | + 87.35 % |
Interest | Rs. 1.38 Cr | Rs. 0.8 Cr | Rs. 1.7 Cr | + 112.5 % | + 23.19 % |
Depreciation | Rs. 6.58 Cr | Rs. 6.03 Cr | Rs. 6.24 Cr | + 3.48 % | -5.17 % |
Profit before tax | Rs. 25.34 Cr | Rs. 4.63 Cr | Rs. 5.5 Cr | + 18.79 % | -78.3 % |
Tax % | 12.32 % | 30.46 % | 29.3 % | -1.16 % | + 16.98 % |
Net Profit | Rs. 22.21 Cr | Rs. 3.21 Cr | Rs. 3.89 Cr | + 21.18 % | -82.49 % |
EPS in Rs | Rs. 5.79 | Rs. 0.95 | Rs. 1.07 | + 12.63 % | -81.52 % |
Today, we’re looking at Rishabh Instruments 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 1.27 %. However, it did see a marginal increase of 7.68 % from the previous quarter. Expenses ticked up slightly by 6.29 % quarter-on-quarter, aligning with the annual rise of 15.88 %. Operating profit, while down -67.17 % compared to last year, faced a quarter-on-quarter increase of 37.57 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -11.89 %, but an expansion of 1.24 % sequentially. Other income fell by -22.13 % compared to the last quarter, despite an annual growth of 87.35 %. Interest expenses surged remarkably by 112.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 23.19 %. Depreciation costs climbed by 3.48 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -5.17 %. Profit before tax declined annually by -78.3 % but saw an increase from the preceding quarter by 18.79 %.
Tax expenses as a percentage of profits increased slightly by 16.98 % compared to last year, with a more notable quarter-on-quarter decrease of -1.16 %. Net profit fell by -82.49 % year-on-year but experienced a 21.18 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -81.52 % but a quarterly rise of 12.63 %. In summary, Rishabh Instruments 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. 180.065 Cr | Rs. 169.345 Cr | Rs. 182.359 Cr | + 7.68 % | + 1.27 % |
Expenses | Rs. 148.39 Cr | Rs. 161.79 Cr | Rs. 171.96 Cr | + 6.29 % | + 15.88 % |
Operating Profit | Rs. 31.68 Cr | Rs. 7.56 Cr | Rs. 10.4 Cr | + 37.57 % | -67.17 % |
Net Profit | Rs. 22.21 Cr | Rs. 3.21 Cr | Rs. 3.89 Cr | + 21.18 % | -82.49 % |
EPS in Rs | Rs. 5.79 | Rs. 0.95 | Rs. 1.07 | + 12.63 % | -81.52 % |
In reviewing Rishabh Instruments Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.27 % year-on-year growth, however, there was a minor increase of 7.68 % from the previous quarter. Expenses rose by 15.88 % compared to the previous year, with a 6.29 % increase quarter-on-quarter. Operating Profit dropped by -67.17 % annually, and saw a 37.57 % increase from the last quarter.
Net Profit showed yearly decrease of -82.49 %, and experienced a 21.18 % increase from the previous quarter. Earnings Per Share (EPS) fell by -81.52 % annually, however rose by 12.63 % compared to the last quarter. In essence, while Rishabh Instruments Limited faces strong annual decline 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.
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