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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 experienced a substantial growth of 160.57 % in the past year, decrease in net sales/revenue by -5.67 %.
- Profit over the Year and quarter: Significant improvement in profitability for Avance Technologies Ltd.. Notable increase of 292.52 % in net profit Year to Year, Avance Technologies Ltd.’s profitability increased by 24.28 % in this quarter.
- EPS over the Year and quarter: EPS declined by -50.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 16.965 Cr | Rs. 46.865 Cr | Rs. 44.206 Cr | -5.67 % | + 160.57 % |
Expenses | Rs. 16.27 Cr | Rs. 44.67 Cr | Rs. 41.48 Cr | -7.14 % | + 154.95 % |
Operating Profit | Rs. 0.7 Cr | Rs. 2.19 Cr | Rs. 2.73 Cr | + 24.66 % | + 290 % |
OPM % | 4.13 % | 4.67 % | 6.18 % | + 1.51 % | + 2.05 % |
Other Income | Rs. 0 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. 0.7 Cr | Rs. 2.19 Cr | Rs. 2.73 Cr | + 24.66 % | + 290 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 0.7 Cr | Rs. 2.2 Cr | Rs. 2.73 Cr | + 24.09 % | + 290 % |
EPS in Rs | Rs. 0.02 | Rs. 0.01 | Rs. 0.01 | + 0 % | -50 % |
Today, we’re looking at Avance Technologies Ltd.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 160.57 %. However, it did see a marginal slip of -5.67 % from the previous quarter. Expenses decreased slightly by -7.14 % quarter-on-quarter, aligning with the annual rise of 154.95 %. Operating profit, while up 290 % compared to last year, faced a quarter-on-quarter increase of 24.66 %, 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 2.05 %, but an expansion of 1.51 % sequentially. Profit before tax grew annually by 290 % but saw an increase from the preceding quarter by 24.66 %.
Net profit rose by 290 % year-on-year but experienced a 24.09 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -50 % but a quarterly rise of 0 %. In summary, Avance Technologies 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. 16.965 Cr | Rs. 46.865 Cr | Rs. 44.206 Cr | -5.67 % | + 160.57 % |
Expenses | Rs. 16.27 Cr | Rs. 44.67 Cr | Rs. 41.48 Cr | -7.14 % | + 154.95 % |
Operating Profit | Rs. 0.7 Cr | Rs. 2.19 Cr | Rs. 2.73 Cr | + 24.66 % | + 290 % |
Net Profit | Rs. 0.7 Cr | Rs. 2.2 Cr | Rs. 2.73 Cr | + 24.09 % | + 290 % |
EPS in Rs | Rs. 0.02 | Rs. 0.01 | Rs. 0.01 | + 0 % | -50 % |
In reviewing Avance Technologies Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 160.57 % year-on-year growth, although there was a slight dip of -5.67 % from the previous quarter. Expenses rose by 154.95 % compared to the previous year, with a decrease of -7.14 % quarter-on-quarter. Operating Profit surged by 290 % annually, and saw a 24.66 % increase from the last quarter.
Net Profit showed yearly increase of 290 %, and experienced a 24.09 % increase from the previous quarter. Earnings Per Share (EPS) fell by -50 % annually, however rose by 0 % compared to the last quarter. In essence, while Avance Technologies Ltd. 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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