Share the post "Bharat Seats ‘s Latest Q2 Report: Profit Up by 4.57% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 1.64 % in the past year, decrease in net sales/revenue by -2.74 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -15.99 %, Marginal decrease of -25.89% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Bharat Seats Ltd. Notable increase of 4.62 % in net profit Year to Year, Bharat Seats Ltd’s profitability increased by 7.39 % in this quarter.
- EPS over the Year and quarter: EPS increased by 4.63 % Year to Year. EPS increased by 7.11 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 285.976 Cr | Rs. 298.85 Cr | Rs. 290.67 Cr | -2.74 % | + 1.64 % |
Expenses | Rs. 269.03 Cr | Rs. 282.34 Cr | Rs. 273.02 Cr | -3.3 % | + 1.48 % |
Operating Profit | Rs. 16.95 Cr | Rs. 16.51 Cr | Rs. 17.65 Cr | + 6.9 % | + 4.13 % |
OPM % | 5.93 % | 5.52 % | 6.07 % | + 0.55 % | + 0.14 % |
Other Income | Rs. 0.838 Cr | Rs. 0.95 Cr | Rs. 0.704 Cr | -25.89 % | -15.99 % |
Interest | Rs. 2.38 Cr | Rs. 2.23 Cr | Rs. 2.27 Cr | + 1.79 % | -4.62 % |
Depreciation | Rs. 6.3 Cr | Rs. 6.35 Cr | Rs. 6.5 Cr | + 2.36 % | + 3.17 % |
Profit before tax | Rs. 9.11 Cr | Rs. 8.88 Cr | Rs. 9.58 Cr | + 7.88 % | + 5.16 % |
Tax % | 25.43 % | 25.58 % | 25.94 % | + 0.36 % | + 0.51 % |
Net Profit | Rs. 6.79 Cr | Rs. 6.62 Cr | Rs. 7.1 Cr | + 7.25 % | + 4.57 % |
EPS in Rs | Rs. 2.16 | Rs. 2.11 | Rs. 2.26 | + 7.11 % | + 4.63 % |
Today, we’re looking at Bharat Seats 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 1.64 %. However, it did see a marginal slip of -2.74 % from the previous quarter. Expenses decreased slightly by -3.3 % quarter-on-quarter, aligning with the annual rise of 1.48 %. Operating profit, while up 4.13 % compared to last year, faced a quarter-on-quarter increase of 6.9 %, 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 0.14 %, but an expansion of 0.55 % sequentially. Other income fell by -25.89 % compared to the last quarter, despite an annual decline of -15.99 %. Interest expenses surged remarkably by 1.79 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.62 %. Depreciation costs climbed by 2.36 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.17 %. Profit before tax grew annually by 5.16 % but saw an increase from the preceding quarter by 7.88 %.
Tax expenses as a percentage of profits increased slightly by 0.51 % compared to last year, with a more notable quarter-on-quarter increase of 0.36 %. Net profit rose by 4.57 % year-on-year but experienced a 7.25 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4.63 % but a quarterly rise of 7.11 %. In summary, Bharat Seats 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. 285.976 Cr | Rs. 298.85 Cr | Rs. 290.67 Cr | -2.74 % | + 1.64 % |
Expenses | Rs. 269.03 Cr | Rs. 282.34 Cr | Rs. 273.02 Cr | -3.3 % | + 1.48 % |
Operating Profit | Rs. 16.95 Cr | Rs. 16.51 Cr | Rs. 17.65 Cr | + 6.9 % | + 4.13 % |
Net Profit | Rs. 6.79 Cr | Rs. 6.62 Cr | Rs. 7.1 Cr | + 7.25 % | + 4.57 % |
EPS in Rs | Rs. 2.16 | Rs. 2.11 | Rs. 2.26 | + 7.11 % | + 4.63 % |
In reviewing Bharat Seats Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.64 % year-on-year growth, although there was a slight dip of -2.74 % from the previous quarter. Expenses rose by 1.48 % compared to the previous year, with a decrease of -3.3 % quarter-on-quarter. Operating Profit surged by 4.13 % annually, and saw a 6.9 % increase from the last quarter.
Net Profit showed yearly increase of 4.57 %, and experienced a 7.25 % increase from the previous quarter. Earnings Per Share (EPS) rose by 4.63 % annually, however rose by 7.11 % compared to the last quarter. In essence, while Bharat Seats 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.
[my_shortcode1 values=”Bharat Seats Ltd”]