Share the post "Ashiana Agro Industries ‘s Q2 Results: Profit Drops by 66.67% 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’s sales declined by -16.99 % over the year, substantial increase in net sales/revenue by 49.31 %.
- 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 10.87 %. Marginal increase in other income during this quarter, up by 4.08%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ashiana Agro Industries Ltd. Profit dropped by -63.64 % Year to Year, Ashiana Agro Industries Ltd’s profitability increased by 33.33 % in this quarter.
- EPS over the Year and quarter: EPS declined by -57.14 % Year to Year. EPS increased by 50 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.259 Cr | Rs. 0.144 Cr | Rs. 0.215 Cr | + 49.31 % | -16.99 % |
Expenses | Rs. 0.27 Cr | Rs. 0.19 Cr | Rs. 0.21 Cr | + 10.53 % | -22.22 % |
Operating Profit | Rs. -0.01 Cr | Rs. -0.05 Cr | Rs. 0.01 Cr | + 120 % | + 200 % |
OPM % | -3.86 % | -34.72 % | 4.65 % | + 39.37 % | + 8.51 % |
Other Income | Rs. 0.046 Cr | Rs. 0.049 Cr | Rs. 0.051 Cr | + 4.08 % | + 10.87 % |
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. 0.04 Cr | Rs. -0 Cr | Rs. 0.06 Cr | 0 % | + 50 % |
Tax % | 0 % | 0 % | 80.7 % | + 80.7 % | + 80.7 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -66.67 % |
EPS in Rs | Rs. 0.07 | Rs. 0.02 | Rs. 0.03 | + 50 % | -57.14 % |
Today, we’re looking at Ashiana Agro Industries Ltd’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 -16.99 %. However, it did see a marginal increase of 49.31 % from the previous quarter. Expenses ticked up slightly by 10.53 % quarter-on-quarter, aligning with the annual decline of -22.22 %. Operating profit, while up 200 % compared to last year, faced a quarter-on-quarter increase of 120 %, 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 8.51 %, but an expansion of 39.37 % sequentially. Other income rose by 4.08 % compared to the last quarter, despite an annual growth of 10.87 %. Profit before tax grew annually by 50 %
Tax expenses as a percentage of profits increased slightly by 80.7 % compared to last year, with a more notable quarter-on-quarter increase of 80.7 %. Net profit fell by -66.67 % year-on-year but experienced a 0 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -57.14 % but a quarterly rise of 50 %. In summary, Ashiana Agro 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. 0.259 Cr | Rs. 0.144 Cr | Rs. 0.215 Cr | + 49.31 % | -16.99 % |
Expenses | Rs. 0.27 Cr | Rs. 0.19 Cr | Rs. 0.21 Cr | + 10.53 % | -22.22 % |
Operating Profit | Rs. -0.01 Cr | Rs. -0.05 Cr | Rs. 0.01 Cr | + 120 % | + 200 % |
Net Profit | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -66.67 % |
EPS in Rs | Rs. 0.07 | Rs. 0.02 | Rs. 0.03 | + 50 % | -57.14 % |
In reviewing Ashiana Agro Industries Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -16.99 % year-on-year, however, there was a minor increase of 49.31 % from the previous quarter. Expenses decreased by -22.22 % compared to the previous year, with a 10.53 % increase quarter-on-quarter. Operating Profit surged by 200 % annually, and saw a 120 % increase from the last quarter.
Net Profit showed yearly decrease of -66.67 %, and experienced a 0 % increase from the previous quarter. Earnings Per Share (EPS) fell by -57.14 % annually, however rose by 50 % compared to the last quarter. In essence, while Ashiana Agro 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=”Ashiana Agro Industries Ltd”]