Share the post "Ashish Polyplast ‘s Latest Q2 Report: Profit Up by 93.33% Year-on-Year"
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 -13.04 % over the year, decrease in net sales/revenue by -20.48 %.
- 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 94.78 %. Marginal decrease of -24.13% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Ashish Polyplast Ltd.. Notable increase of 94.67 % in net profit Year to Year, Ashish Polyplast Ltd.’s profitability dropped by -12.57 % Quarter to Quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 4.018 Cr | Rs. 4.394 Cr | Rs. 3.494 Cr | -20.48 % | -13.04 % |
Expenses | Rs. 3.87 Cr | Rs. 4.2 Cr | Rs. 3.26 Cr | -22.38 % | -15.76 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.19 Cr | Rs. 0.23 Cr | + 21.05 % | + 53.33 % |
OPM % | 3.73 % | 4.32 % | 6.58 % | + 2.26 % | + 2.85 % |
Other Income | Rs. 0.134 Cr | Rs. 0.344 Cr | Rs. 0.261 Cr | -24.13 % | + 94.78 % |
Interest | Rs. 0.03 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -66.67 % |
Depreciation | Rs. 0.07 Cr | Rs. 0.07 Cr | Rs. 0.07 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 0.18 Cr | Rs. 0.45 Cr | Rs. 0.41 Cr | -8.89 % | + 127.78 % |
Tax % | 16.67 % | 26.65 % | 28.78 % | + 2.13 % | + 12.11 % |
Net Profit | Rs. 0.15 Cr | Rs. 0.33 Cr | Rs. 0.29 Cr | -12.12 % | + 93.33 % |
EPS in Rs | Rs. 0.44 | Rs. 0.98 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Ashish Polyplast 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 -13.04 %. However, it did see a marginal slip of -20.48 % from the previous quarter. Expenses decreased slightly by -22.38 % quarter-on-quarter, aligning with the annual decline of -15.76 %. Operating profit, while up 53.33 % compared to last year, faced a quarter-on-quarter increase of 21.05 %, 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 2.85 %, but an expansion of 2.26 % sequentially. Other income fell by -24.13 % compared to the last quarter, despite an annual growth of 94.78 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -66.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 127.78 % but saw a reduction from the preceding quarter by -8.89 %.
Tax expenses as a percentage of profits increased slightly by 12.11 % compared to last year, with a more notable quarter-on-quarter increase of 2.13 %. Net profit rose by 93.33 % year-on-year but witnessed a -12.12 % contraction from the last quarter. In summary, Ashish Polyplast 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. 4.018 Cr | Rs. 4.394 Cr | Rs. 3.494 Cr | -20.48 % | -13.04 % |
Expenses | Rs. 3.87 Cr | Rs. 4.2 Cr | Rs. 3.26 Cr | -22.38 % | -15.76 % |
Operating Profit | Rs. 0.15 Cr | Rs. 0.19 Cr | Rs. 0.23 Cr | + 21.05 % | + 53.33 % |
Net Profit | Rs. 0.15 Cr | Rs. 0.33 Cr | Rs. 0.29 Cr | -12.12 % | + 93.33 % |
EPS in Rs | Rs. 0.44 | Rs. 0.98 | Rs. 0 | 0 % | 0 % |
In reviewing Ashish Polyplast Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.04 % year-on-year, although there was a slight dip of -20.48 % from the previous quarter. Expenses decreased by -15.76 % compared to the previous year, with a decrease of -22.38 % quarter-on-quarter. Operating Profit surged by 53.33 % annually, and saw a 21.05 % increase from the last quarter.
Net Profit showed yearly increase of 93.33 %, and experienced a -12.12 % decrease from the previous quarter. In essence, while Ashish Polyplast Ltd. 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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