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Share the post "AksharChem India ‘s Q2 Update: Profit Grows by 113.68% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 7.69 % in the past year, decrease in net sales/revenue by -8.12 %.
- 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 860.87 %. Marginal increase in other income during this quarter, up by 268.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for AksharChem India Limited. Profit dropped by -113.69 % Year to Year, AksharChem India Limited’s profitability dropped by -9.64 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -113.73 % Year to Year. EPS decreased by -9.09 % 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. 73.299 Cr | Rs. 85.908 Cr | Rs. 78.933 Cr | -8.12 % | + 7.69 % |
| Expenses | Rs. 76.5 Cr | Rs. 79.67 Cr | Rs. 72.92 Cr | -8.47 % | -4.68 % |
| Operating Profit | Rs. -3.2 Cr | Rs. 6.24 Cr | Rs. 6.01 Cr | -3.69 % | + 287.81 % |
| OPM % | -4.37 % | 7.26 % | 7.61 % | + 0.35 % | + 11.98 % |
| Other Income | Rs. 0.023 Cr | Rs. 0.06 Cr | Rs. 0.221 Cr | + 268.33 % | + 860.87 % |
| Interest | Rs. 0.88 Cr | Rs. 1.25 Cr | Rs. 1.32 Cr | + 5.6 % | + 50 % |
| Depreciation | Rs. 3.49 Cr | Rs. 3.46 Cr | Rs. 3.51 Cr | + 1.45 % | + 0.57 % |
| Profit before tax | Rs. -7.55 Cr | Rs. 1.59 Cr | Rs. 1.4 Cr | -11.95 % | + 118.54 % |
| Tax % | -0.76 % | 27.46 % | 25.96 % | -1.5 % | + 26.72 % |
| Net Profit | Rs. -7.6 Cr | Rs. 1.15 Cr | Rs. 1.04 Cr | -9.57 % | + 113.68 % |
| EPS in Rs | Rs. -9.47 | Rs. 1.43 | Rs. 1.3 | -9.09 % | + 113.73 % |
Today, we’re looking at AksharChem India Limited’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 7.69 %. However, it did see a marginal slip of -8.12 % from the previous quarter. Expenses decreased slightly by -8.47 % quarter-on-quarter, aligning with the annual decline of -4.68 %. Operating profit, while up 287.81 % compared to last year, faced a quarter-on-quarter dip of -3.69 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 11.98 %, but an expansion of 0.35 % sequentially. Other income rose by 268.33 % compared to the last quarter, despite an annual growth of 860.87 %. Interest expenses surged remarkably by 5.6 % from the previous quarter, yet the year-over-year increase remains at a moderate 50 %. Depreciation costs climbed by 1.45 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.57 %. Profit before tax grew annually by 118.54 % but saw a reduction from the preceding quarter by -11.95 %.
Tax expenses as a percentage of profits increased slightly by 26.72 % compared to last year, with a more notable quarter-on-quarter decrease of -1.5 %. Net profit rose by 113.68 % year-on-year but witnessed a -9.57 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 113.73 % but a quarterly fall of -9.09 %. In summary, AksharChem India 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. 73.299 Cr | Rs. 85.908 Cr | Rs. 78.933 Cr | -8.12 % | + 7.69 % |
| Expenses | Rs. 76.5 Cr | Rs. 79.67 Cr | Rs. 72.92 Cr | -8.47 % | -4.68 % |
| Operating Profit | Rs. -3.2 Cr | Rs. 6.24 Cr | Rs. 6.01 Cr | -3.69 % | + 287.81 % |
| Net Profit | Rs. -7.6 Cr | Rs. 1.15 Cr | Rs. 1.04 Cr | -9.57 % | + 113.68 % |
| EPS in Rs | Rs. -9.47 | Rs. 1.43 | Rs. 1.3 | -9.09 % | + 113.73 % |
In reviewing AksharChem India Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.69 % year-on-year growth, although there was a slight dip of -8.12 % from the previous quarter. Expenses decreased by -4.68 % compared to the previous year, with a decrease of -8.47 % quarter-on-quarter. Operating Profit surged by 287.81 % annually, and saw a -3.69 % decrease from the last quarter.
Net Profit showed yearly increase of 113.68 %, and experienced a -9.57 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 113.73 % annually, however dipped by -9.09 % compared to the last quarter. In essence, while AksharChem India Limited exhibits strong annual growth 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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