Share the post "Arex Industries announced Financial Results Q1 2024-25"
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 11.04 % in the past year, decrease in net sales/revenue by -3.76 %.
- Profit over the Year and quarter: Significant improvement in profitability for Arex Industries Ltd.. Notable increase of 197.49 % in net profit Year to Year, Arex Industries Ltd.’s profitability increased by 2864.29 % in this quarter.
- EPS over the Year and quarter: EPS increased by 200.00 % Year to Year. EPS increased by 2900 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 11.68 Cr | Rs. 13.475 Cr | Rs. 12.969 Cr | -3.76 % | + 11.04 % |
| Expenses | Rs. 9.82 Cr | Rs. 12.16 Cr | Rs. 10.48 Cr | -13.82 % | + 6.72 % |
| Operating Profit | Rs. 1.86 Cr | Rs. 1.32 Cr | Rs. 2.49 Cr | + 88.64 % | + 33.87 % |
| OPM % | 15.92 % | 9.8 % | 19.2 % | + 9.4 % | + 3.28 % |
| Other Income | Rs. 0.004 Cr | Rs. 0.09 Cr | Rs. 0 Cr | 0 % | 0 % |
| Interest | Rs. 0.4 Cr | Rs. 0.25 Cr | Rs. 0.26 Cr | + 4 % | -35 % |
| Depreciation | Rs. 1.07 Cr | Rs. 0.91 Cr | Rs. 1 Cr | + 9.89 % | -6.54 % |
| Profit before tax | Rs. 0.39 Cr | Rs. 0.25 Cr | Rs. 1.23 Cr | + 392 % | + 215.38 % |
| Tax % | 28.75 % | 88.66 % | 32.79 % | -55.87 % | + 4.04 % |
| Net Profit | Rs. 0.28 Cr | Rs. 0.03 Cr | Rs. 0.83 Cr | + 2666.67 % | + 196.43 % |
| EPS in Rs | Rs. 0.7 | Rs. 0.07 | Rs. 2.1 | + 2900 % | + 200 % |
Today, we’re looking at Arex Industries Ltd.’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 11.04 %. However, it did see a marginal slip of -3.76 % from the previous quarter. Expenses decreased slightly by -13.82 % quarter-on-quarter, aligning with the annual rise of 6.72 %. Operating profit, while up 33.87 % compared to last year, faced a quarter-on-quarter increase of 88.64 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.28 %, but an expansion of 9.4 % sequentially. Interest expenses surged remarkably by 4 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35 %. Depreciation costs climbed by 9.89 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.54 %. Profit before tax grew annually by 215.38 % but saw an increase from the preceding quarter by 392 %.
Tax expenses as a percentage of profits increased slightly by 4.04 % compared to last year, with a more notable quarter-on-quarter decrease of -55.87 %. Net profit rose by 196.43 % year-on-year but experienced a 2666.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 200 % but a quarterly rise of 2900 %. In summary, Arex Industries 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. 11.68 Cr | Rs. 13.475 Cr | Rs. 12.969 Cr | -3.76 % | + 11.04 % |
| Expenses | Rs. 9.82 Cr | Rs. 12.16 Cr | Rs. 10.48 Cr | -13.82 % | + 6.72 % |
| Operating Profit | Rs. 1.86 Cr | Rs. 1.32 Cr | Rs. 2.49 Cr | + 88.64 % | + 33.87 % |
| Net Profit | Rs. 0.28 Cr | Rs. 0.03 Cr | Rs. 0.83 Cr | + 2666.67 % | + 196.43 % |
| EPS in Rs | Rs. 0.7 | Rs. 0.07 | Rs. 2.1 | + 2900 % | + 200 % |
In reviewing Arex Industries Ltd.’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 11.04 % year-on-year growth, although there was a slight dip of -3.76 % from the previous quarter. Expenses rose by 6.72 % compared to the previous year, with a decrease of -13.82 % quarter-on-quarter. Operating Profit surged by 33.87 % annually, and saw a 88.64 % increase from the last quarter.
Net Profit showed yearly increase of 196.43 %, and experienced a 2666.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 200 % annually, however rose by 2900 % compared to the last quarter. In essence, while Arex Industries 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.
[my_shortcode1 values=”Arex Industries “]
