Share the post "Blue Chip Tex Industries ‘s Q2 Report: Profit Decreases by 139.82% 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 -4.56 % over the year, decrease in net sales/revenue by -5.83 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5.68 %, Marginal increase in other income during this quarter, up by 1700%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Blue Chip Tex Industries Ltd.,. Profit dropped by -139.98 % Year to Year, Blue Chip Tex Industries Ltd.,’s profitability increased by 21.56 % in this quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 67.216 Cr | Rs. 68.123 Cr | Rs. 64.151 Cr | -5.83 % | -4.56 % |
Expenses | Rs. 65.08 Cr | Rs. 67.81 Cr | Rs. 64.15 Cr | -5.4 % | -1.43 % |
Operating Profit | Rs. 2.14 Cr | Rs. 0.31 Cr | Rs. 0 Cr | 0 % | 0 % |
OPM % | 3.18 % | 0.46 % | 0 % | -0.46 % | -3.18 % |
Other Income | Rs. 0.229 Cr | Rs. 0.012 Cr | Rs. 0.216 Cr | + 1700 % | -5.68 % |
Interest | Rs. 0.12 Cr | Rs. 0.05 Cr | Rs. 0.06 Cr | + 20 % | -50 % |
Depreciation | Rs. 0.64 Cr | Rs. 0.64 Cr | Rs. 0.65 Cr | + 1.56 % | + 1.56 % |
Profit before tax | Rs. 1.61 Cr | Rs. -0.37 Cr | Rs. -0.49 Cr | -32.43 % | -130.43 % |
Tax % | 29.81 % | -1.92 % | -7.2 % | -5.28 % | -37.01 % |
Net Profit | Rs. 1.13 Cr | Rs. -0.37 Cr | Rs. -0.45 Cr | -21.62 % | -139.82 % |
EPS in Rs | Rs. 5.72 | Rs. -1.88 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Blue Chip Tex Industries Ltd.,’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 -4.56 %. However, it did see a marginal slip of -5.83 % from the previous quarter. Expenses decreased slightly by -5.4 % quarter-on-quarter, aligning with the annual decline of -1.43 %.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -3.18 %, but a shrinkage of -0.46 % sequentially. Other income rose by 1700 % compared to the last quarter, despite an annual decline of -5.68 %. Interest expenses surged remarkably by 20 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs climbed by 1.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.56 %. Profit before tax declined annually by -130.43 % but saw a reduction from the preceding quarter by -32.43 %.
Tax expenses as a percentage of profits decreased slightly by -37.01 % compared to last year, with a more notable quarter-on-quarter decrease of -5.28 %. Net profit fell by -139.82 % year-on-year but witnessed a -21.62 % contraction from the last quarter. In summary, Blue Chip Tex 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. 67.216 Cr | Rs. 68.123 Cr | Rs. 64.151 Cr | -5.83 % | -4.56 % |
Expenses | Rs. 65.08 Cr | Rs. 67.81 Cr | Rs. 64.15 Cr | -5.4 % | -1.43 % |
Operating Profit | Rs. 2.14 Cr | Rs. 0.31 Cr | Rs. 0 Cr | 0 % | 0 % |
Net Profit | Rs. 1.13 Cr | Rs. -0.37 Cr | Rs. -0.45 Cr | -21.62 % | -139.82 % |
EPS in Rs | Rs. 5.72 | Rs. -1.88 | Rs. 0 | 0 % | 0 % |
In reviewing Blue Chip Tex Industries Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.56 % year-on-year, although there was a slight dip of -5.83 % from the previous quarter. Expenses decreased by -1.43 % compared to the previous year, with a decrease of -5.4 % quarter-on-quarter.
Net Profit showed yearly decrease of -139.82 %, and experienced a -21.62 % decrease from the previous quarter. In essence, while Blue Chip Tex Industries Ltd., 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.
[my_shortcode1 values=”Blue Chip Tex Industries Ltd.,”]