Share the post "Dolphin Offshore Enterprises (India) Reports Q2: Revenue Up by 717.44% Year-on-Year"
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 717.44 % in the past year, substantial increase in net sales/revenue by 100.61 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -91.58 %, Marginal decrease of -84.83% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Dolphin Offshore Enterprises (India) ltd.. Notable increase of 266.14 % in net profit Year to Year, Dolphin Offshore Enterprises (India) ltd.’s profitability increased by 71.09 % in this quarter.
- EPS over the Year and quarter: EPS declined by -71.08 % Year to Year. EPS increased by 70.9 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.047 Cr | Rs. 8.341 Cr | Rs. 16.733 Cr | + 100.61 % | + 717.44 % |
Expenses | Rs. 1.18 Cr | Rs. 2.18 Cr | Rs. 4.05 Cr | + 85.78 % | + 243.22 % |
Operating Profit | Rs. 0.87 Cr | Rs. 6.16 Cr | Rs. 12.68 Cr | + 105.84 % | + 1357.47 % |
OPM % | 42.5 % | 73.85 % | 75.78 % | + 1.93 % | + 33.28 % |
Other Income | Rs. 3.396 Cr | Rs. 1.885 Cr | Rs. 0.286 Cr | -84.83 % | -91.58 % |
Interest | Rs. 0.35 Cr | Rs. 0.03 Cr | Rs. 0.05 Cr | + 66.67 % | -85.71 % |
Depreciation | Rs. 0.38 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | -81.58 % |
Profit before tax | Rs. 3.54 Cr | Rs. 7.95 Cr | Rs. 12.85 Cr | + 61.64 % | + 262.99 % |
Tax % | 0 % | 4.96 % | 0.54 % | -4.42 % | + 0.54 % |
Net Profit | Rs. 3.53 Cr | Rs. 7.55 Cr | Rs. 12.92 Cr | + 71.13 % | + 266.01 % |
EPS in Rs | Rs. 11.17 | Rs. 1.89 | Rs. 3.23 | + 70.9 % | -71.08 % |
Today, we’re looking at Dolphin Offshore Enterprises (India) ltd.’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 717.44 %. However, it did see a marginal increase of 100.61 % from the previous quarter. Expenses ticked up slightly by 85.78 % quarter-on-quarter, aligning with the annual rise of 243.22 %. Operating profit, while up 1357.47 % compared to last year, faced a quarter-on-quarter increase of 105.84 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 33.28 %, but an expansion of 1.93 % sequentially. Other income fell by -84.83 % compared to the last quarter, despite an annual decline of -91.58 %. Interest expenses surged remarkably by 66.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -85.71 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -81.58 %. Profit before tax grew annually by 262.99 % but saw an increase from the preceding quarter by 61.64 %.
Tax expenses as a percentage of profits increased slightly by 0.54 % compared to last year, with a more notable quarter-on-quarter decrease of -4.42 %. Net profit rose by 266.01 % year-on-year but experienced a 71.13 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -71.08 % but a quarterly rise of 70.9 %. In summary, Dolphin Offshore Enterprises (India) ltd.’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. 2.047 Cr | Rs. 8.341 Cr | Rs. 16.733 Cr | + 100.61 % | + 717.44 % |
Expenses | Rs. 1.18 Cr | Rs. 2.18 Cr | Rs. 4.05 Cr | + 85.78 % | + 243.22 % |
Operating Profit | Rs. 0.87 Cr | Rs. 6.16 Cr | Rs. 12.68 Cr | + 105.84 % | + 1357.47 % |
Net Profit | Rs. 3.53 Cr | Rs. 7.55 Cr | Rs. 12.92 Cr | + 71.13 % | + 266.01 % |
EPS in Rs | Rs. 11.17 | Rs. 1.89 | Rs. 3.23 | + 70.9 % | -71.08 % |
In reviewing Dolphin Offshore Enterprises (India) ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 717.44 % year-on-year growth, however, there was a minor increase of 100.61 % from the previous quarter. Expenses rose by 243.22 % compared to the previous year, with a 85.78 % increase quarter-on-quarter. Operating Profit surged by 1357.47 % annually, and saw a 105.84 % increase from the last quarter.
Net Profit showed yearly increase of 266.01 %, and experienced a 71.13 % increase from the previous quarter. Earnings Per Share (EPS) fell by -71.08 % annually, however rose by 70.9 % compared to the last quarter. In essence, while Dolphin Offshore Enterprises (India) ltd. 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.
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