NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Aananda Lakshmi Spinning Mills ‘s Q2 Update: Profit Falls by 117.04% Year-on-Year

[fetch_key]

Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: decrease in net sales/revenue by -89.62 %.
  • 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 32.35 %. Marginal decrease of -6.25% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Aananda Lakshmi Spinning Mills Limited. Profit dropped by -116.91 % Year to Year, Aananda Lakshmi Spinning Mills Limited’s profitability dropped by -359.09 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -116.88 % Year to Year. EPS decreased by -238.3 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Aananda Lakshmi Spinning Mills 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. 0 Cr Rs. 0.578 Cr Rs. 0.06 Cr -89.62 % 0 %
Expenses Rs. 0.04 Cr Rs. 0.31 Cr Rs. 0.08 Cr -74.19 % + 100 %
Operating Profit Rs. -0.04 Cr Rs. 0.27 Cr Rs. -0.02 Cr -107.41 % + 50 %
OPM % 0 % 46.71 % -33.33 % -80.04 % -33.33 %
Other Income Rs. 0.068 Cr Rs. 0.096 Cr Rs. 0.09 Cr -6.25 % + 32.35 %
Interest Rs. 0.16 Cr Rs. 0.25 Cr Rs. 0.22 Cr -12 % + 37.5 %
Depreciation Rs. 0 Cr Rs. 0.03 Cr Rs. 0.03 Cr + 0 % 0 %
Profit before tax Rs. -0.13 Cr Rs. 0.09 Cr Rs. -0.18 Cr -300 % -38.46 %
Tax % -0 % 0 % -0 % 0 % 0 %
Net Profit Rs. 1.35 Cr Rs. 0.09 Cr Rs. -0.23 Cr -355.56 % -117.04 %
EPS in Rs Rs. 3.85 Rs. 0.47 Rs. -0.65 -238.3 % -116.88 %


Today, we’re looking at Aananda Lakshmi Spinning Mills Limited’s financial performance for the Q2(Sep 2024-25).However, it did see a marginal slip of -89.62 % from the previous quarter. Expenses decreased slightly by -74.19 % quarter-on-quarter, aligning with the annual rise of 100 %. Operating profit, while up 50 % compared to last year, faced a quarter-on-quarter dip of -107.41 %, 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 -33.33 %, but a shrinkage of -80.04 % sequentially. Other income fell by -6.25 % compared to the last quarter, despite an annual growth of 32.35 %. Interest expenses dropped significantly by -12 % from the previous quarter, yet the year-over-year increase remains at a moderate 37.5 %. Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax declined annually by -38.46 % but saw a reduction from the preceding quarter by -300 %.
Net profit fell by -117.04 % year-on-year but witnessed a -355.56 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -116.88 % but a quarterly fall of -238.3 %. In summary, Aananda Lakshmi Spinning Mills 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. 0 Cr Rs. 0.578 Cr Rs. 0.06 Cr -89.62 % 0 %
Expenses Rs. 0.04 Cr Rs. 0.31 Cr Rs. 0.08 Cr -74.19 % + 100 %
Operating Profit Rs. -0.04 Cr Rs. 0.27 Cr Rs. -0.02 Cr -107.41 % + 50 %
Net Profit Rs. 1.35 Cr Rs. 0.09 Cr Rs. -0.23 Cr -355.56 % -117.04 %
EPS in Rs Rs. 3.85 Rs. 0.47 Rs. -0.65 -238.3 % -116.88 %


In reviewing Aananda Lakshmi Spinning Mills Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.although there was a slight dip of -89.62 % from the previous quarter. Expenses rose by 100 % compared to the previous year, with a decrease of -74.19 % quarter-on-quarter. Operating Profit surged by 50 % annually, and saw a -107.41 % decrease from the last quarter.
Net Profit showed yearly decrease of -117.04 %, and experienced a -355.56 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -116.88 % annually, however dipped by -238.3 % compared to the last quarter. In essence, while Aananda Lakshmi Spinning Mills 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.

[my_shortcode1 values=”Aananda Lakshmi Spinning Mills Limited”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post