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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 -66.59 % over the year, substantial increase in net sales/revenue by 65.07 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -43.42 %, Marginal decrease of -74.58% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ashnisha Industries Limited. Profit dropped by -96.68 % Year to Year, Ashnisha Industries Limited’s profitability dropped by -84.31 % Quarter to Quarter.
- EPS over the Year and quarter: EPS decreased by -100 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 2.065 Cr | Rs. 0.418 Cr | Rs. 0.69 Cr | + 65.07 % | -66.59 % |
Expenses | Rs. 2.17 Cr | Rs. 1.32 Cr | Rs. 0.82 Cr | -37.88 % | -62.21 % |
Operating Profit | Rs. -0.11 Cr | Rs. -0.9 Cr | Rs. -0.13 Cr | + 85.56 % | -18.18 % |
OPM % | -5.33 % | -215.31 % | -18.84 % | + 196.47 % | -13.51 % |
Other Income | Rs. 0.486 Cr | Rs. 1.082 Cr | Rs. 0.275 Cr | -74.58 % | -43.42 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.07 Cr | Rs. 0.13 Cr | Rs. 0.13 Cr | + 0 % | + 85.71 % |
Profit before tax | Rs. 0.31 Cr | Rs. 0.05 Cr | Rs. 0.02 Cr | -60 % | -93.55 % |
Tax % | 22.26 % | 0 % | 50 % | + 50 % | + 27.74 % |
Net Profit | Rs. 0.24 Cr | Rs. 0.05 Cr | Rs. 0.01 Cr | -80 % | -95.83 % |
EPS in Rs | Rs. 0.02 | Rs. 0.01 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Ashnisha Industries 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 -66.59 %. However, it did see a marginal increase of 65.07 % from the previous quarter. Expenses decreased slightly by -37.88 % quarter-on-quarter, aligning with the annual decline of -62.21 %. Operating profit, while down -18.18 % compared to last year, faced a quarter-on-quarter increase of 85.56 %, 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 -13.51 %, but an expansion of 196.47 % sequentially. Other income fell by -74.58 % compared to the last quarter, despite an annual decline of -43.42 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 85.71 %. Profit before tax declined annually by -93.55 % but saw a reduction from the preceding quarter by -60 %.
Tax expenses as a percentage of profits increased slightly by 27.74 % compared to last year, with a more notable quarter-on-quarter increase of 50 %. Net profit fell by -95.83 % year-on-year but witnessed a -80 % contraction from the last quarter. In summary, Ashnisha Industries 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. 2.065 Cr | Rs. 0.418 Cr | Rs. 0.69 Cr | + 65.07 % | -66.59 % |
Expenses | Rs. 2.17 Cr | Rs. 1.32 Cr | Rs. 0.82 Cr | -37.88 % | -62.21 % |
Operating Profit | Rs. -0.11 Cr | Rs. -0.9 Cr | Rs. -0.13 Cr | + 85.56 % | -18.18 % |
Net Profit | Rs. 0.24 Cr | Rs. 0.05 Cr | Rs. 0.01 Cr | -80 % | -95.83 % |
EPS in Rs | Rs. 0.02 | Rs. 0.01 | Rs. 0 | 0 % | 0 % |
In reviewing Ashnisha Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -66.59 % year-on-year, however, there was a minor increase of 65.07 % from the previous quarter. Expenses decreased by -62.21 % compared to the previous year, with a decrease of -37.88 % quarter-on-quarter. Operating Profit dropped by -18.18 % annually, and saw a 85.56 % increase from the last quarter.
Net Profit showed yearly decrease of -95.83 %, and experienced a -80 % decrease from the previous quarter. In essence, while Ashnisha Industries Limited faces strong annual decline 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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