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Share the post "Asian Granito India ‘s Q3 2024-25 Latest News: Profit Falls by 73.29% Year-on-Year"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company’s sales declined by -7.74 % over the year, decrease in net sales/revenue by -8.45 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -37.16 %, Marginal increase in other income during this quarter, up by 10.21%. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Asian Granito India Limited. Profit dropped by -73.37 % Year to Year, Asian Granito India Limited’s profitability dropped by -22.11 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -76.47 % Year to Year. EPS decreased by -29.41 % 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. 320.24 Cr | Rs. 322.706 Cr | Rs. 295.448 Cr | -8.45 % | -7.74 % |
| Expenses | Rs. 315.01 Cr | Rs. 318.16 Cr | Rs. 291.42 Cr | -8.4 % | -7.49 % |
| Operating Profit | Rs. 5.23 Cr | Rs. 4.55 Cr | Rs. 4.03 Cr | -11.43 % | -22.94 % |
| OPM % | 1.63 % | 1.41 % | 1.36 % | -0.05 % | -0.27 % |
| Other Income | Rs. 9.742 Cr | Rs. 5.555 Cr | Rs. 6.122 Cr | + 10.21 % | -37.16 % |
| Interest | Rs. 1.93 Cr | Rs. 2.19 Cr | Rs. 2.55 Cr | + 16.44 % | + 32.12 % |
| Depreciation | Rs. 4.82 Cr | Rs. 4.79 Cr | Rs. 4.94 Cr | + 3.13 % | + 2.49 % |
| Profit before tax | Rs. 8.22 Cr | Rs. 3.13 Cr | Rs. 2.66 Cr | -15.02 % | -67.64 % |
| Tax % | 21.62 % | 29.46 % | 35.54 % | + 6.08 % | + 13.92 % |
| Net Profit | Rs. 6.44 Cr | Rs. 2.2 Cr | Rs. 1.72 Cr | -21.82 % | -73.29 % |
| EPS in Rs | Rs. 0.51 | Rs. 0.17 | Rs. 0.12 | -29.41 % | -76.47 % |
Today, we’re looking at Asian Granito India Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -7.74 %. However, it did see a marginal slip of -8.45 % from the previous quarter. Expenses decreased slightly by -8.4 % quarter-on-quarter, aligning with the annual decline of -7.49 %. Operating profit, while down -22.94 % compared to last year, faced a quarter-on-quarter dip of -11.43 %, 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 -0.27 %, but a shrinkage of -0.05 % sequentially. Other income rose by 10.21 % compared to the last quarter, despite an annual decline of -37.16 %. Interest expenses surged remarkably by 16.44 % from the previous quarter, yet the year-over-year increase remains at a moderate 32.12 %. Depreciation costs climbed by 3.13 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2.49 %. Profit before tax declined annually by -67.64 % but saw a reduction from the preceding quarter by -15.02 %.
Tax expenses as a percentage of profits increased slightly by 13.92 % compared to last year, with a more notable quarter-on-quarter increase of 6.08 %. Net profit fell by -73.29 % year-on-year but witnessed a -21.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -76.47 % but a quarterly fall of -29.41 %. In summary, Asian Granito India 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. 320.24 Cr | Rs. 322.706 Cr | Rs. 295.448 Cr | -8.45 % | -7.74 % |
| Expenses | Rs. 315.01 Cr | Rs. 318.16 Cr | Rs. 291.42 Cr | -8.4 % | -7.49 % |
| Operating Profit | Rs. 5.23 Cr | Rs. 4.55 Cr | Rs. 4.03 Cr | -11.43 % | -22.94 % |
| Net Profit | Rs. 6.44 Cr | Rs. 2.2 Cr | Rs. 1.72 Cr | -21.82 % | -73.29 % |
| EPS in Rs | Rs. 0.51 | Rs. 0.17 | Rs. 0.12 | -29.41 % | -76.47 % |
In reviewing Asian Granito India Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.74 % year-on-year, although there was a slight dip of -8.45 % from the previous quarter. Expenses decreased by -7.49 % compared to the previous year, with a decrease of -8.4 % quarter-on-quarter. Operating Profit dropped by -22.94 % annually, and saw a -11.43 % decrease from the last quarter.
Net Profit showed yearly decrease of -73.29 %, and experienced a -21.82 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -76.47 % annually, however dipped by -29.41 % compared to the last quarter. In essence, while Asian Granito India 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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