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Astec LifeSciences ‘s Q2 Results: Profit Drops by 187.26% YoY

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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 -11.05 % over the year, substantial increase in net sales/revenue by 42.05 %.
  • 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 104.19 %. Marginal increase in other income during this quarter, up by 116.34%.
  • Profit over the Year and quarter: Significant improvement in profitability for Astec LifeSciences Limited. Notable increase of 187.36 % in net profit Year to Year, Astec LifeSciences Limited’s profitability dropped by -2.94 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 187.01 % Year to Year. EPS decreased by -2.96 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Astec LifeSciences Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 110.789 Cr Rs. 69.373 Cr Rs. 98.546 Cr + 42.05 % -11.05 %
Expenses Rs. 114.22 Cr Rs. 115.63 Cr Rs. 118.28 Cr + 2.29 % + 3.55 %
Operating Profit Rs. -3.43 Cr Rs. -46.26 Cr Rs. -19.73 Cr + 57.35 % -475.22 %
OPM % -3.1 % -66.68 % -20.02 % + 46.66 % -16.92 %
Other Income Rs. 0.979 Cr Rs. 0.924 Cr Rs. 1.999 Cr + 116.34 % + 104.19 %
Interest Rs. 5.99 Cr Rs. 7.04 Cr Rs. 9.34 Cr + 32.67 % + 55.93 %
Depreciation Rs. 9.16 Cr Rs. 9.27 Cr Rs. 11.47 Cr + 23.73 % + 25.22 %
Profit before tax Rs. -17.6 Cr Rs. -61.65 Cr Rs. -38.54 Cr + 37.49 % -118.98 %
Tax % -23.76 % -35.57 % -0.02 % + 35.55 % + 23.74 %
Net Profit Rs. -13.42 Cr Rs. -39.72 Cr Rs. -38.55 Cr + 2.95 % -187.26 %
EPS in Rs Rs. -6.85 Rs. -20.26 Rs. -19.66 + 2.96 % -187.01 %


Today, we’re looking at Astec LifeSciences 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 -11.05 %. However, it did see a marginal increase of 42.05 % from the previous quarter. Expenses ticked up slightly by 2.29 % quarter-on-quarter, aligning with the annual rise of 3.55 %. Operating profit, while down -475.22 % compared to last year, faced a quarter-on-quarter increase of 57.35 %, 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 -16.92 %, but an expansion of 46.66 % sequentially. Other income rose by 116.34 % compared to the last quarter, despite an annual growth of 104.19 %. Interest expenses surged remarkably by 32.67 % from the previous quarter, yet the year-over-year increase remains at a moderate 55.93 %. Depreciation costs climbed by 23.73 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 25.22 %. Profit before tax declined annually by -118.98 % but saw an increase from the preceding quarter by 37.49 %.
Tax expenses as a percentage of profits increased slightly by 23.74 % compared to last year, with a more notable quarter-on-quarter increase of 35.55 %. Net profit fell by -187.26 % year-on-year but experienced a 2.95 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -187.01 % but a quarterly rise of 2.96 %. In summary, Astec LifeSciences 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. 110.789 Cr Rs. 69.373 Cr Rs. 98.546 Cr + 42.05 % -11.05 %
Expenses Rs. 114.22 Cr Rs. 115.63 Cr Rs. 118.28 Cr + 2.29 % + 3.55 %
Operating Profit Rs. -3.43 Cr Rs. -46.26 Cr Rs. -19.73 Cr + 57.35 % -475.22 %
Net Profit Rs. -13.42 Cr Rs. -39.72 Cr Rs. -38.55 Cr + 2.95 % -187.26 %
EPS in Rs Rs. -6.85 Rs. -20.26 Rs. -19.66 + 2.96 % -187.01 %


In reviewing Astec LifeSciences Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -11.05 % year-on-year, however, there was a minor increase of 42.05 % from the previous quarter. Expenses rose by 3.55 % compared to the previous year, with a 2.29 % increase quarter-on-quarter. Operating Profit dropped by -475.22 % annually, and saw a 57.35 % increase from the last quarter.
Net Profit showed yearly decrease of -187.26 %, and experienced a 2.95 % increase from the previous quarter. Earnings Per Share (EPS) fell by -187.01 % annually, however rose by 2.96 % compared to the last quarter. In essence, while Astec LifeSciences Limited faces strong annual decline 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.

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