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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 1.59 % in the past year, substantial increase in net sales/revenue by 5.27 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40 %, Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for AMIN TANNERY LIMITED. Profit dropped by -25 % Year to Year, AMIN TANNERY LIMITED’s profitability dropped by -14.93 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 10.111 Cr | Rs. 9.758 Cr | Rs. 10.272 Cr | + 5.27 % | + 1.59 % |
Expenses | Rs. 9.39 Cr | Rs. 9.18 Cr | Rs. 9.56 Cr | + 4.14 % | + 1.81 % |
Operating Profit | Rs. 0.72 Cr | Rs. 0.58 Cr | Rs. 0.71 Cr | + 22.41 % | -1.39 % |
OPM % | 7.12 % | 5.94 % | 6.91 % | + 0.97 % | -0.21 % |
Other Income | Rs. 0.005 Cr | Rs. 0.003 Cr | Rs. 0.003 Cr | + 0 % | -40 % |
Interest | Rs. 0.37 Cr | Rs. 0.32 Cr | Rs. 0.35 Cr | + 9.37 % | -5.41 % |
Depreciation | Rs. 0.26 Cr | Rs. 0.18 Cr | Rs. 0.27 Cr | + 50 % | + 3.85 % |
Profit before tax | Rs. 0.1 Cr | Rs. 0.08 Cr | Rs. 0.09 Cr | + 12.5 % | -10 % |
Tax % | 24 % | 22.09 % | 35.96 % | + 13.87 % | + 11.96 % |
Net Profit | Rs. 0.08 Cr | Rs. 0.07 Cr | Rs. 0.06 Cr | -14.29 % | -25 % |
EPS in Rs | Rs. 0.01 | Rs. 0.01 | Rs. 0.01 | + 0 % | + 0 % |
Today, we’re looking at AMIN TANNERY 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 1.59 %. However, it did see a marginal increase of 5.27 % from the previous quarter. Expenses ticked up slightly by 4.14 % quarter-on-quarter, aligning with the annual rise of 1.81 %. Operating profit, while down -1.39 % compared to last year, faced a quarter-on-quarter increase of 22.41 %, 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 -0.21 %, but an expansion of 0.97 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual decline of -40 %. Interest expenses surged remarkably by 9.37 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5.41 %. Depreciation costs climbed by 50 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.85 %. Profit before tax declined annually by -10 % but saw an increase from the preceding quarter by 12.5 %.
Tax expenses as a percentage of profits increased slightly by 11.96 % compared to last year, with a more notable quarter-on-quarter increase of 13.87 %. Net profit fell by -25 % year-on-year but witnessed a -14.29 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 0 %. In summary, AMIN TANNERY 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. 10.111 Cr | Rs. 9.758 Cr | Rs. 10.272 Cr | + 5.27 % | + 1.59 % |
Expenses | Rs. 9.39 Cr | Rs. 9.18 Cr | Rs. 9.56 Cr | + 4.14 % | + 1.81 % |
Operating Profit | Rs. 0.72 Cr | Rs. 0.58 Cr | Rs. 0.71 Cr | + 22.41 % | -1.39 % |
Net Profit | Rs. 0.08 Cr | Rs. 0.07 Cr | Rs. 0.06 Cr | -14.29 % | -25 % |
EPS in Rs | Rs. 0.01 | Rs. 0.01 | Rs. 0.01 | + 0 % | + 0 % |
In reviewing AMIN TANNERY LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.59 % year-on-year growth, however, there was a minor increase of 5.27 % from the previous quarter. Expenses rose by 1.81 % compared to the previous year, with a 4.14 % increase quarter-on-quarter. Operating Profit dropped by -1.39 % annually, and saw a 22.41 % increase from the last quarter.
Net Profit showed yearly decrease of -25 %, and experienced a -14.29 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 0 % compared to the last quarter. In essence, while AMIN TANNERY LIMITED faces strong annual decline 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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