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Bengal Steel Industries ‘s Q2 Financial results: Revenue Grows by 25% 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 experienced a substantial growth of 25 % in the past year, substantial increase in net sales/revenue by 25 %.
  • Profit over the Year and quarter: Significant improvement in profitability for Bengal Steel Industries Ltd.,. Notable increase of 52.54 % in net profit Year to Year, Bengal Steel Industries Ltd.,’s profitability dropped by -198.9 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 50.00 % Year to Year. EPS decreased by -194.74 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Bengal Steel Industries Ltd.,‘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. 0.12 Cr Rs. 0.12 Cr Rs. 0.15 Cr + 25 % + 25 %
Expenses Rs. 0.06 Cr Rs. 0.21 Cr Rs. 0.06 Cr -71.43 % + 0 %
Operating Profit Rs. 0.06 Cr Rs. -0.09 Cr Rs. 0.09 Cr + 200 % + 50 %
OPM % 50 % -75 % 60 % + 135 % + 10 %
Other Income Rs. 0 Cr Rs. 0 Cr Rs. 0.001 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. 0.06 Cr Rs. -0.09 Cr Rs. 0.09 Cr + 200 % + 50 %
Tax % 6.35 % -0 % 1.1 % + 1.1 % -5.25 %
Net Profit Rs. 0.06 Cr Rs. -0.09 Cr Rs. 0.09 Cr + 200 % + 50 %
EPS in Rs Rs. 0.12 Rs. -0.19 Rs. 0.18 + 194.74 % + 50 %


Today, we’re looking at Bengal Steel Industries 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 25 %. However, it did see a marginal increase of 25 % from the previous quarter. Expenses decreased slightly by -71.43 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 50 % compared to last year, faced a quarter-on-quarter increase of 200 %, 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 10 %, but an expansion of 135 % sequentially. Profit before tax grew annually by 50 % but saw an increase from the preceding quarter by 200 %.
Tax expenses as a percentage of profits decreased slightly by -5.25 % compared to last year, with a more notable quarter-on-quarter increase of 1.1 %. Net profit rose by 50 % year-on-year but experienced a 200 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 50 % but a quarterly rise of 194.74 %. In summary, Bengal Steel Industries 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. 0.12 Cr Rs. 0.12 Cr Rs. 0.15 Cr + 25 % + 25 %
Expenses Rs. 0.06 Cr Rs. 0.21 Cr Rs. 0.06 Cr -71.43 % + 0 %
Operating Profit Rs. 0.06 Cr Rs. -0.09 Cr Rs. 0.09 Cr + 200 % + 50 %
Net Profit Rs. 0.06 Cr Rs. -0.09 Cr Rs. 0.09 Cr + 200 % + 50 %
EPS in Rs Rs. 0.12 Rs. -0.19 Rs. 0.18 + 194.74 % + 50 %


In reviewing Bengal Steel Industries Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 25 % year-on-year growth, however, there was a minor increase of 25 % from the previous quarter. Expenses rose by 0 % compared to the previous year, with a decrease of -71.43 % quarter-on-quarter. Operating Profit surged by 50 % annually, and saw a 200 % increase from the last quarter.
Net Profit showed yearly increase of 50 %, and experienced a 200 % increase from the previous quarter. Earnings Per Share (EPS) rose by 50 % annually, however rose by 194.74 % compared to the last quarter. In essence, while Bengal Steel Industries 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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