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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’s sales declined by -56.72 % over the year, decrease in net sales/revenue by -37.75 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -62.4 %, Marginal increase in other income during this quarter, up by 1194.3%.
- Profit over the Year and quarter: Significant improvement in profitability for Aksh Optifibre Limited. Notable increase of 83.8 % in net profit Year to Year, Aksh Optifibre Limited’s profitability increased by 64.37 % in this quarter.
- EPS over the Year and quarter: EPS increased by 86.67 % Year to Year. EPS increased by 64.71 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 60.338 Cr | Rs. 41.955 Cr | Rs. 26.115 Cr | -37.75 % | -56.72 % |
Expenses | Rs. 58.31 Cr | Rs. 42.35 Cr | Rs. 30.04 Cr | -29.07 % | -48.48 % |
Operating Profit | Rs. 2.03 Cr | Rs. -0.4 Cr | Rs. -3.93 Cr | -882.5 % | -293.6 % |
OPM % | 3.36 % | -0.95 % | -15.05 % | -14.1 % | -18.41 % |
Other Income | Rs. 6.643 Cr | Rs. 0.193 Cr | Rs. 2.498 Cr | + 1194.3 % | -62.4 % |
Interest | Rs. 3.84 Cr | Rs. 3.34 Cr | Rs. 2.22 Cr | -33.53 % | -42.19 % |
Depreciation | Rs. 5.5 Cr | Rs. 3.04 Cr | Rs. 3.22 Cr | + 5.92 % | -41.45 % |
Profit before tax | Rs. -0.67 Cr | Rs. -6.59 Cr | Rs. -6.87 Cr | -4.25 % | -925.37 % |
Tax % | -638.17 % | -16.22 % | -32.03 % | -15.81 % | + 606.14 % |
Net Profit | Rs. -4.93 Cr | Rs. -5.52 Cr | Rs. -9.07 Cr | -64.31 % | -83.98 % |
EPS in Rs | Rs. -0.3 | Rs. -0.34 | Rs. -0.56 | -64.71 % | -86.67 % |
Today, we’re looking at Aksh Optifibre Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -56.72 %. However, it did see a marginal slip of -37.75 % from the previous quarter. Expenses decreased slightly by -29.07 % quarter-on-quarter, aligning with the annual decline of -48.48 %. Operating profit, while down -293.6 % compared to last year, faced a quarter-on-quarter dip of -882.5 %, 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 -18.41 %, but a shrinkage of -14.1 % sequentially. Other income rose by 1194.3 % compared to the last quarter, despite an annual decline of -62.4 %. Interest expenses dropped significantly by -33.53 % from the previous quarter, yet the year-over-year decrease remains at a moderate -42.19 %. Depreciation costs climbed by 5.92 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -41.45 %. Profit before tax declined annually by -925.37 % but saw a reduction from the preceding quarter by -4.25 %.
Tax expenses as a percentage of profits increased slightly by 606.14 % compared to last year, with a more notable quarter-on-quarter decrease of -15.81 %. Net profit fell by -83.98 % year-on-year but witnessed a -64.31 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -86.67 % but a quarterly fall of -64.71 %. In summary, Aksh Optifibre 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. 60.338 Cr | Rs. 41.955 Cr | Rs. 26.115 Cr | -37.75 % | -56.72 % |
Expenses | Rs. 58.31 Cr | Rs. 42.35 Cr | Rs. 30.04 Cr | -29.07 % | -48.48 % |
Operating Profit | Rs. 2.03 Cr | Rs. -0.4 Cr | Rs. -3.93 Cr | -882.5 % | -293.6 % |
Net Profit | Rs. -4.93 Cr | Rs. -5.52 Cr | Rs. -9.07 Cr | -64.31 % | -83.98 % |
EPS in Rs | Rs. -0.3 | Rs. -0.34 | Rs. -0.56 | -64.71 % | -86.67 % |
In reviewing Aksh Optifibre Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -56.72 % year-on-year, although there was a slight dip of -37.75 % from the previous quarter. Expenses decreased by -48.48 % compared to the previous year, with a decrease of -29.07 % quarter-on-quarter. Operating Profit dropped by -293.6 % annually, and saw a -882.5 % decrease from the last quarter.
Net Profit showed yearly decrease of -83.98 %, and experienced a -64.31 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -86.67 % annually, however dipped by -64.71 % compared to the last quarter. In essence, while Aksh Optifibre 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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