Share the post "Bhilwara Technical Textiles ‘s Q2 Results: Profit Drops by 36.31% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -17.1 % over the year, substantial increase in net sales/revenue by 104.71 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -36.63 %, Marginal decrease of -31.33% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Bhilwara Technical Textiles Limited. Profit dropped by -36.41 % Year to Year, Bhilwara Technical Textiles Limited’s profitability dropped by -26.97 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -36.67 % Year to Year. EPS decreased by -26.92 % 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. 3.146 Cr | Rs. 1.274 Cr | Rs. 2.608 Cr | + 104.71 % | -17.1 % |
Expenses | Rs. 3.17 Cr | Rs. 1.29 Cr | Rs. 2.54 Cr | + 96.9 % | -19.87 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.02 Cr | Rs. 0.07 Cr | + 450 % | + 450 % |
OPM % | -0.64 % | -1.57 % | 2.68 % | + 4.25 % | + 3.32 % |
Other Income | Rs. 5.346 Cr | Rs. 4.934 Cr | Rs. 3.388 Cr | -31.33 % | -36.63 % |
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. 5.33 Cr | Rs. 4.91 Cr | Rs. 3.46 Cr | -29.53 % | -35.08 % |
Tax % | 19.64 % | 23.86 % | 3.18 % | -20.68 % | -16.46 % |
Net Profit | Rs. 5.26 Cr | Rs. 4.58 Cr | Rs. 3.35 Cr | -26.86 % | -36.31 % |
EPS in Rs | Rs. 0.9 | Rs. 0.78 | Rs. 0.57 | -26.92 % | -36.67 % |
Today, we’re looking at Bhilwara Technical Textiles 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 -17.1 %. However, it did see a marginal increase of 104.71 % from the previous quarter. Expenses ticked up slightly by 96.9 % quarter-on-quarter, aligning with the annual decline of -19.87 %. Operating profit, while up 450 % compared to last year, faced a quarter-on-quarter increase of 450 %, 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 3.32 %, but an expansion of 4.25 % sequentially. Other income fell by -31.33 % compared to the last quarter, despite an annual decline of -36.63 %. Profit before tax declined annually by -35.08 % but saw a reduction from the preceding quarter by -29.53 %.
Tax expenses as a percentage of profits decreased slightly by -16.46 % compared to last year, with a more notable quarter-on-quarter decrease of -20.68 %. Net profit fell by -36.31 % year-on-year but witnessed a -26.86 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -36.67 % but a quarterly fall of -26.92 %. In summary, Bhilwara Technical Textiles 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. 3.146 Cr | Rs. 1.274 Cr | Rs. 2.608 Cr | + 104.71 % | -17.1 % |
Expenses | Rs. 3.17 Cr | Rs. 1.29 Cr | Rs. 2.54 Cr | + 96.9 % | -19.87 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.02 Cr | Rs. 0.07 Cr | + 450 % | + 450 % |
Net Profit | Rs. 5.26 Cr | Rs. 4.58 Cr | Rs. 3.35 Cr | -26.86 % | -36.31 % |
EPS in Rs | Rs. 0.9 | Rs. 0.78 | Rs. 0.57 | -26.92 % | -36.67 % |
In reviewing Bhilwara Technical Textiles Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.1 % year-on-year, however, there was a minor increase of 104.71 % from the previous quarter. Expenses decreased by -19.87 % compared to the previous year, with a 96.9 % increase quarter-on-quarter. Operating Profit surged by 450 % annually, and saw a 450 % increase from the last quarter.
Net Profit showed yearly decrease of -36.31 %, and experienced a -26.86 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -36.67 % annually, however dipped by -26.92 % compared to the last quarter. In essence, while Bhilwara Technical Textiles 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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