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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 94.84 % in the past year, substantial increase in net sales/revenue by 31.66 %.
- 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 38.24 %. Marginal decrease of -7.84% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ajcon Global Services Ltd.. Notable increase of 141.39 % in net profit Year to Year, Ajcon Global Services Ltd.’s profitability increased by 106.52 % in this quarter.
- EPS over the Year and quarter: EPS increased by 160.00 % Year to Year. EPS increased by 108.93 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3.024 Cr | Rs. 4.475 Cr | Rs. 5.892 Cr | + 31.66 % | + 94.84 % |
Expenses | Rs. 2.38 Cr | Rs. 3.78 Cr | Rs. 4.66 Cr | + 23.28 % | + 95.8 % |
Operating Profit | Rs. 0.64 Cr | Rs. 0.7 Cr | Rs. 1.23 Cr | + 75.71 % | + 92.19 % |
OPM % | 21.16 % | 15.64 % | 20.88 % | + 5.24 % | -0.28 % |
Other Income | Rs. 0.034 Cr | Rs. 0.051 Cr | Rs. 0.047 Cr | -7.84 % | + 38.24 % |
Interest | Rs. 0.19 Cr | Rs. 0.18 Cr | Rs. 0.21 Cr | + 16.67 % | + 10.53 % |
Depreciation | Rs. 0.1 Cr | Rs. 0.1 Cr | Rs. 0.09 Cr | -10 % | -10 % |
Profit before tax | Rs. 0.38 Cr | Rs. 0.47 Cr | Rs. 0.98 Cr | + 108.51 % | + 157.89 % |
Tax % | 21.96 % | 25.27 % | 25.15 % | -0.12 % | + 3.19 % |
Net Profit | Rs. 0.3 Cr | Rs. 0.35 Cr | Rs. 0.73 Cr | + 108.57 % | + 143.33 % |
EPS in Rs | Rs. 0.45 | Rs. 0.56 | Rs. 1.17 | + 108.93 % | + 160 % |
Today, we’re looking at Ajcon Global Services 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 94.84 %. However, it did see a marginal increase of 31.66 % from the previous quarter. Expenses ticked up slightly by 23.28 % quarter-on-quarter, aligning with the annual rise of 95.8 %. Operating profit, while up 92.19 % compared to last year, faced a quarter-on-quarter increase of 75.71 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.28 %, but an expansion of 5.24 % sequentially. Other income fell by -7.84 % compared to the last quarter, despite an annual growth of 38.24 %. Interest expenses surged remarkably by 16.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.53 %. Depreciation costs fell by -10 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -10 %. Profit before tax grew annually by 157.89 % but saw an increase from the preceding quarter by 108.51 %.
Tax expenses as a percentage of profits increased slightly by 3.19 % compared to last year, with a more notable quarter-on-quarter decrease of -0.12 %. Net profit rose by 143.33 % year-on-year but experienced a 108.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 160 % but a quarterly rise of 108.93 %. In summary, Ajcon Global Services 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. 3.024 Cr | Rs. 4.475 Cr | Rs. 5.892 Cr | + 31.66 % | + 94.84 % |
Expenses | Rs. 2.38 Cr | Rs. 3.78 Cr | Rs. 4.66 Cr | + 23.28 % | + 95.8 % |
Operating Profit | Rs. 0.64 Cr | Rs. 0.7 Cr | Rs. 1.23 Cr | + 75.71 % | + 92.19 % |
Net Profit | Rs. 0.3 Cr | Rs. 0.35 Cr | Rs. 0.73 Cr | + 108.57 % | + 143.33 % |
EPS in Rs | Rs. 0.45 | Rs. 0.56 | Rs. 1.17 | + 108.93 % | + 160 % |
In reviewing Ajcon Global Services Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 94.84 % year-on-year growth, however, there was a minor increase of 31.66 % from the previous quarter. Expenses rose by 95.8 % compared to the previous year, with a 23.28 % increase quarter-on-quarter. Operating Profit surged by 92.19 % annually, and saw a 75.71 % increase from the last quarter.
Net Profit showed yearly increase of 143.33 %, and experienced a 108.57 % increase from the previous quarter. Earnings Per Share (EPS) rose by 160 % annually, however rose by 108.93 % compared to the last quarter. In essence, while Ajcon Global Services 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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