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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 -90.56 % over the year, decrease in net sales/revenue by -89.93 %.
- Profit over the Year and quarter: Significant improvement in profitability for Ashoka Refineries Ltd.. Notable increase of 500 % in net profit Year to Year, Ashoka Refineries Ltd.’s profitability increased by 110 % in this quarter.
- EPS over the Year and quarter: EPS increased by 500.00 % Year to Year. EPS increased by 100 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.286 Cr | Rs. 0.268 Cr | Rs. 0.027 Cr | -89.93 % | -90.56 % |
Expenses | Rs. 0.3 Cr | Rs. 0.29 Cr | Rs. 0.07 Cr | -75.86 % | -76.67 % |
Operating Profit | Rs. -0.01 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | -300 % |
OPM % | -3.5 % | -7.46 % | -148.15 % | -140.69 % | -144.65 % |
Other Income | Rs. 0.011 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
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 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | 0 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.01 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | -300 % |
EPS in Rs | Rs. -0.02 | Rs. -0.06 | Rs. -0.12 | -100 % | -500 % |
Today, we’re looking at Ashoka Refineries 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 -90.56 %. However, it did see a marginal slip of -89.93 % from the previous quarter. Expenses decreased slightly by -75.86 % quarter-on-quarter, aligning with the annual decline of -76.67 %. Operating profit, while down -300 % compared to last year, faced a quarter-on-quarter dip of -100 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -144.65 %, but a shrinkage of -140.69 % sequentially. but saw a reduction from the preceding quarter by -100 %.
Net profit fell by -300 % year-on-year but witnessed a -100 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -500 % but a quarterly fall of -100 %. In summary, Ashoka Refineries 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. 0.286 Cr | Rs. 0.268 Cr | Rs. 0.027 Cr | -89.93 % | -90.56 % |
Expenses | Rs. 0.3 Cr | Rs. 0.29 Cr | Rs. 0.07 Cr | -75.86 % | -76.67 % |
Operating Profit | Rs. -0.01 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | -300 % |
Net Profit | Rs. -0.01 Cr | Rs. -0.02 Cr | Rs. -0.04 Cr | -100 % | -300 % |
EPS in Rs | Rs. -0.02 | Rs. -0.06 | Rs. -0.12 | -100 % | -500 % |
In reviewing Ashoka Refineries Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -90.56 % year-on-year, although there was a slight dip of -89.93 % from the previous quarter. Expenses decreased by -76.67 % compared to the previous year, with a decrease of -75.86 % quarter-on-quarter. Operating Profit dropped by -300 % annually, and saw a -100 % decrease from the last quarter.
Net Profit showed yearly decrease of -300 %, and experienced a -100 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -500 % annually, however dipped by -100 % compared to the last quarter. In essence, while Ashoka Refineries Ltd. 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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