Share the post "AVI PRODUCTS INDIA ‘s Q2 Results: Profit Drops by 92.86% YoY"
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 -29.31 % over the year, decrease in net sales/revenue by -16.9 %.
- 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 87.5 %. Marginal decrease of -70% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for AVI PRODUCTS INDIA LIMITED. Profit dropped by -90.37 % Year to Year, AVI PRODUCTS INDIA LIMITED’s profitability dropped by -66.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -90.24 % Year to Year. EPS decreased by -66.67 % 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. 1.252 Cr | Rs. 1.065 Cr | Rs. 0.885 Cr | -16.9 % | -29.31 % |
Expenses | Rs. 1.05 Cr | Rs. 1.02 Cr | Rs. 0.83 Cr | -18.63 % | -20.95 % |
Operating Profit | Rs. 0.2 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | -70 % |
OPM % | 15.97 % | 3.76 % | 6.78 % | + 3.02 % | -9.19 % |
Other Income | Rs. 0.008 Cr | Rs. 0.05 Cr | Rs. 0.015 Cr | -70 % | + 87.5 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 100 % |
Profit before tax | Rs. 0.18 Cr | Rs. 0.04 Cr | Rs. 0.03 Cr | -25 % | -83.33 % |
Tax % | 25.41 % | 24.53 % | 23.53 % | -1 % | -1.88 % |
Net Profit | Rs. 0.14 Cr | Rs. 0.04 Cr | Rs. 0.01 Cr | -75 % | -92.86 % |
EPS in Rs | Rs. 0.41 | Rs. 0.12 | Rs. 0.04 | -66.67 % | -90.24 % |
Today, we’re looking at AVI PRODUCTS INDIA 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 -29.31 %. However, it did see a marginal slip of -16.9 % from the previous quarter. Expenses decreased slightly by -18.63 % quarter-on-quarter, aligning with the annual decline of -20.95 %. Operating profit, while down -70 % compared to last year, faced a quarter-on-quarter increase of 50 %, 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 -9.19 %, but an expansion of 3.02 % sequentially. Other income fell by -70 % compared to the last quarter, despite an annual growth of 87.5 %. 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 100 %. Profit before tax declined annually by -83.33 % but saw a reduction from the preceding quarter by -25 %.
Tax expenses as a percentage of profits decreased slightly by -1.88 % compared to last year, with a more notable quarter-on-quarter decrease of -1 %. Net profit fell by -92.86 % year-on-year but witnessed a -75 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -90.24 % but a quarterly fall of -66.67 %. In summary, AVI PRODUCTS INDIA 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. 1.252 Cr | Rs. 1.065 Cr | Rs. 0.885 Cr | -16.9 % | -29.31 % |
Expenses | Rs. 1.05 Cr | Rs. 1.02 Cr | Rs. 0.83 Cr | -18.63 % | -20.95 % |
Operating Profit | Rs. 0.2 Cr | Rs. 0.04 Cr | Rs. 0.06 Cr | + 50 % | -70 % |
Net Profit | Rs. 0.14 Cr | Rs. 0.04 Cr | Rs. 0.01 Cr | -75 % | -92.86 % |
EPS in Rs | Rs. 0.41 | Rs. 0.12 | Rs. 0.04 | -66.67 % | -90.24 % |
In reviewing AVI PRODUCTS INDIA LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -29.31 % year-on-year, although there was a slight dip of -16.9 % from the previous quarter. Expenses decreased by -20.95 % compared to the previous year, with a decrease of -18.63 % quarter-on-quarter. Operating Profit dropped by -70 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly decrease of -92.86 %, and experienced a -75 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -90.24 % annually, however dipped by -66.67 % compared to the last quarter. In essence, while AVI PRODUCTS INDIA 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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