Share the post "Abirami Financial Services (India)’s Q2 Update: Profit Grows by 16.67% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -19.55 %, Marginal decrease of -17.89% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Abirami Financial Services (India). Notable increase of 19.49 % in net profit Year to Year, Abirami Financial Services (India)’s profitability dropped by -36.77 % Quarter to Quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.24 Cr | Rs. 0.14 Cr | Rs. 0.19 Cr | + 35.71 % | -20.83 % |
Operating Profit | Rs. -0.24 Cr | Rs. -0.14 Cr | Rs. -0.19 Cr | -35.71 % | + 20.83 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.445 Cr | Rs. 0.436 Cr | Rs. 0.358 Cr | -17.89 % | -19.55 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.21 Cr | Rs. 0.3 Cr | Rs. 0.17 Cr | -43.33 % | -19.05 % |
Tax % | 43.27 % | 24.66 % | 16.67 % | -7.99 % | -26.6 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.22 Cr | Rs. 0.14 Cr | -36.36 % | + 16.67 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0.26 | 0 % | 0 % |
Today, we’re looking at Abirami Financial Services (India)’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 35.71 % quarter-on-quarter, aligning with the annual decline of -20.83 %. Operating profit, while up 20.83 % compared to last year, faced a quarter-on-quarter dip of -35.71 %, signaling a short-term contraction in margins.
Other income fell by -17.89 % compared to the last quarter, despite an annual decline of -19.55 %. Profit before tax declined annually by -19.05 % but saw a reduction from the preceding quarter by -43.33 %.
Tax expenses as a percentage of profits decreased slightly by -26.6 % compared to last year, with a more notable quarter-on-quarter decrease of -7.99 %. Net profit rose by 16.67 % year-on-year but witnessed a -36.36 % contraction from the last quarter. In summary, Abirami Financial Services (India)’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 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.24 Cr | Rs. 0.14 Cr | Rs. 0.19 Cr | + 35.71 % | -20.83 % |
Operating Profit | Rs. -0.24 Cr | Rs. -0.14 Cr | Rs. -0.19 Cr | -35.71 % | + 20.83 % |
Net Profit | Rs. 0.12 Cr | Rs. 0.22 Cr | Rs. 0.14 Cr | -36.36 % | + 16.67 % |
EPS in Rs | Rs. 0 | Rs. 0 | Rs. 0.26 | 0 % | 0 % |
In reviewing Abirami Financial Services (India)’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -20.83 % compared to the previous year, with a 35.71 % increase quarter-on-quarter. Operating Profit surged by 20.83 % annually, and saw a -35.71 % decrease from the last quarter.
Net Profit showed yearly increase of 16.67 %, and experienced a -36.36 % decrease from the previous quarter. In essence, while Abirami Financial Services (India) 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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