Share the post "Aananda Lakshmi Spinning Mills ‘s Q2 Update: Profit Falls by 117.04% 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: 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.
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”]