Share the post "Apoorva Leasing Finance & Investment Company ‘s Q2 Results: Profit Drops by 54.65% YoY"
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 -27.88 % over the year, substantial increase in net sales/revenue by 4.01 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -97.82 %, Marginal increase in other income during this quarter, up by 60%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Apoorva Leasing Finance & Investment Company Limited. Profit dropped by -54.44 % Year to Year, Apoorva Leasing Finance & Investment Company Limited’s profitability increased by 29.14 % in this quarter.
- EPS over the Year and quarter: EPS declined by -53.49 % Year to Year. EPS increased by 33.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.972 Cr | Rs. 0.674 Cr | Rs. 0.701 Cr | + 4.01 % | -27.88 % |
Expenses | Rs. 0.19 Cr | Rs. 0.28 Cr | Rs. 0.18 Cr | -35.71 % | -5.26 % |
Operating Profit | Rs. 0.78 Cr | Rs. 0.39 Cr | Rs. 0.52 Cr | + 33.33 % | -33.33 % |
OPM % | 80.25 % | 57.86 % | 74.18 % | + 16.32 % | -6.07 % |
Other Income | Rs. 0.367 Cr | Rs. 0.005 Cr | Rs. 0.008 Cr | + 60 % | -97.82 % |
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. 1.15 Cr | Rs. 0.4 Cr | Rs. 0.53 Cr | + 32.5 % | -53.91 % |
Tax % | 25.37 % | 25.06 % | 25.5 % | + 0.44 % | + 0.13 % |
Net Profit | Rs. 0.86 Cr | Rs. 0.3 Cr | Rs. 0.39 Cr | + 30 % | -54.65 % |
EPS in Rs | Rs. 0.43 | Rs. 0.15 | Rs. 0.2 | + 33.33 % | -53.49 % |
Today, we’re looking at Apoorva Leasing Finance & Investment Company 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 -27.88 %. However, it did see a marginal increase of 4.01 % from the previous quarter. Expenses decreased slightly by -35.71 % quarter-on-quarter, aligning with the annual decline of -5.26 %. Operating profit, while down -33.33 % compared to last year, faced a quarter-on-quarter increase of 33.33 %, 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 -6.07 %, but an expansion of 16.32 % sequentially. Other income rose by 60 % compared to the last quarter, despite an annual decline of -97.82 %. Profit before tax declined annually by -53.91 % but saw an increase from the preceding quarter by 32.5 %.
Tax expenses as a percentage of profits increased slightly by 0.13 % compared to last year, with a more notable quarter-on-quarter increase of 0.44 %. Net profit fell by -54.65 % year-on-year but experienced a 30 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -53.49 % but a quarterly rise of 33.33 %. In summary, Apoorva Leasing Finance & Investment Company 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. 0.972 Cr | Rs. 0.674 Cr | Rs. 0.701 Cr | + 4.01 % | -27.88 % |
Expenses | Rs. 0.19 Cr | Rs. 0.28 Cr | Rs. 0.18 Cr | -35.71 % | -5.26 % |
Operating Profit | Rs. 0.78 Cr | Rs. 0.39 Cr | Rs. 0.52 Cr | + 33.33 % | -33.33 % |
Net Profit | Rs. 0.86 Cr | Rs. 0.3 Cr | Rs. 0.39 Cr | + 30 % | -54.65 % |
EPS in Rs | Rs. 0.43 | Rs. 0.15 | Rs. 0.2 | + 33.33 % | -53.49 % |
In reviewing Apoorva Leasing Finance & Investment Company Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -27.88 % year-on-year, however, there was a minor increase of 4.01 % from the previous quarter. Expenses decreased by -5.26 % compared to the previous year, with a decrease of -35.71 % quarter-on-quarter. Operating Profit dropped by -33.33 % annually, and saw a 33.33 % increase from the last quarter.
Net Profit showed yearly decrease of -54.65 %, and experienced a 30 % increase from the previous quarter. Earnings Per Share (EPS) fell by -53.49 % annually, however rose by 33.33 % compared to the last quarter. In essence, while Apoorva Leasing Finance & Investment Company 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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