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Atharv Enterprises ‘s Latest Q2 Report: Profit Up by 25% Year-on-Year

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • 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 63.37 %. Marginal increase in other income during this quarter, up by 15.5%.
  • Profit over the Year and quarter: Significant improvement in profitability for Atharv Enterprises Limited. Notable increase of 9.3 % in net profit Year to Year, Atharv Enterprises Limited’s profitability increased by 6.82 % in this quarter.
  • EPS over the Year and quarter:

The comprehensive analytics outlining the performance and outlook of Atharv Enterprises 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. 3.277 Cr Rs. 0.267 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 3.58 Cr Rs. 0.72 Cr Rs. 0.53 Cr -26.39 % -85.2 %
Operating Profit Rs. -0.3 Cr Rs. -0.45 Cr Rs. -0.53 Cr -17.78 % -76.67 %
OPM % -9.15 % -168.54 % 0 % + 168.54 % + 9.15 %
Other Income Rs. 0.374 Cr Rs. 0.529 Cr Rs. 0.611 Cr + 15.5 % + 63.37 %
Interest Rs. 0.01 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % + 0 %
Depreciation Rs. 0.01 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % + 0 %
Profit before tax Rs. 0.05 Cr Rs. 0.06 Cr Rs. 0.06 Cr + 0 % + 20 %
Tax % 25.86 % 25.42 % 25.81 % + 0.39 % -0.05 %
Net Profit Rs. 0.04 Cr Rs. 0.04 Cr Rs. 0.05 Cr + 25 % + 25 %
EPS in Rs Rs. 0 Rs. 0 Rs. 0 0 % 0 %


Today, we’re looking at Atharv Enterprises Limited’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -26.39 % quarter-on-quarter, aligning with the annual decline of -85.2 %. Operating profit, while down -76.67 % compared to last year, faced a quarter-on-quarter dip of -17.78 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 9.15 %, but an expansion of 168.54 % sequentially. Other income rose by 15.5 % compared to the last quarter, despite an annual growth of 63.37 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. 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 20 % but saw an increase from the preceding quarter by 0 %.
Tax expenses as a percentage of profits decreased slightly by -0.05 % compared to last year, with a more notable quarter-on-quarter increase of 0.39 %. Net profit rose by 25 % year-on-year but experienced a 25 % expansion from the last quarter. In summary, Atharv Enterprises 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. 3.277 Cr Rs. 0.267 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 3.58 Cr Rs. 0.72 Cr Rs. 0.53 Cr -26.39 % -85.2 %
Operating Profit Rs. -0.3 Cr Rs. -0.45 Cr Rs. -0.53 Cr -17.78 % -76.67 %
Net Profit Rs. 0.04 Cr Rs. 0.04 Cr Rs. 0.05 Cr + 25 % + 25 %
EPS in Rs Rs. 0 Rs. 0 Rs. 0 0 % 0 %


In reviewing Atharv Enterprises Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -85.2 % compared to the previous year, with a decrease of -26.39 % quarter-on-quarter. Operating Profit dropped by -76.67 % annually, and saw a -17.78 % decrease from the last quarter.
Net Profit showed yearly increase of 25 %, and experienced a 25 % increase from the previous quarter. In essence, while Atharv Enterprises Limited 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.

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