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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 8.97 % in the past year, substantial increase in net sales/revenue by 3.38 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -73.21 %, Marginal increase in other income during this quarter, up by 87.5%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Coastal Roadways Ltd.. Profit dropped by -53.85 % Year to Year, Coastal Roadways Ltd.’s profitability dropped by -7.69 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -53.60 % Year to Year. EPS decreased by -7.94 % 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. 9.25 Cr | Rs. 9.75 Cr | Rs. 10.08 Cr | + 3.38 % | + 8.97 % |
| Expenses | Rs. 8.94 Cr | Rs. 9.12 Cr | Rs. 9.55 Cr | + 4.71 % | + 6.82 % |
| Operating Profit | Rs. 0.31 Cr | Rs. 0.63 Cr | Rs. 0.53 Cr | -15.87 % | + 70.97 % |
| OPM % | 3.35 % | 6.46 % | 5.26 % | -1.2 % | + 1.91 % |
| Other Income | Rs. 0.56 Cr | Rs. 0.08 Cr | Rs. 0.15 Cr | + 87.5 % | -73.21 % |
| Interest | Rs. 0.03 Cr | Rs. 0.02 Cr | Rs. 0.03 Cr | + 50 % | + 0 % |
| Depreciation | Rs. 0.31 Cr | Rs. 0.34 Cr | Rs. 0.33 Cr | -2.94 % | + 6.45 % |
| Profit before tax | Rs. 0.53 Cr | Rs. 0.35 Cr | Rs. 0.32 Cr | -8.57 % | -39.62 % |
| Tax % | 1.89 % | 25.71 % | 25 % | -0.71 % | + 23.11 % |
| Net Profit | Rs. 0.52 Cr | Rs. 0.26 Cr | Rs. 0.24 Cr | -7.69 % | -53.85 % |
| EPS in Rs | Rs. 1.25 | Rs. 0.63 | Rs. 0.58 | -7.94 % | -53.6 % |
Today, we’re looking at Coastal Roadways 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 8.97 %. However, it did see a marginal increase of 3.38 % from the previous quarter. Expenses ticked up slightly by 4.71 % quarter-on-quarter, aligning with the annual rise of 6.82 %. Operating profit, while up 70.97 % compared to last year, faced a quarter-on-quarter dip of -15.87 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.91 %, but a shrinkage of -1.2 % sequentially. Other income rose by 87.5 % compared to the last quarter, despite an annual decline of -73.21 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs fell by -2.94 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.45 %. Profit before tax declined annually by -39.62 % but saw a reduction from the preceding quarter by -8.57 %.
Tax expenses as a percentage of profits increased slightly by 23.11 % compared to last year, with a more notable quarter-on-quarter decrease of -0.71 %. Net profit fell by -53.85 % year-on-year but witnessed a -7.69 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -53.6 % but a quarterly fall of -7.94 %. In summary, Coastal Roadways 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. 9.25 Cr | Rs. 9.75 Cr | Rs. 10.08 Cr | + 3.38 % | + 8.97 % |
| Expenses | Rs. 8.94 Cr | Rs. 9.12 Cr | Rs. 9.55 Cr | + 4.71 % | + 6.82 % |
| Operating Profit | Rs. 0.31 Cr | Rs. 0.63 Cr | Rs. 0.53 Cr | -15.87 % | + 70.97 % |
| Net Profit | Rs. 0.52 Cr | Rs. 0.26 Cr | Rs. 0.24 Cr | -7.69 % | -53.85 % |
| EPS in Rs | Rs. 1.25 | Rs. 0.63 | Rs. 0.58 | -7.94 % | -53.6 % |
In reviewing Coastal Roadways Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.97 % year-on-year growth, however, there was a minor increase of 3.38 % from the previous quarter. Expenses rose by 6.82 % compared to the previous year, with a 4.71 % increase quarter-on-quarter. Operating Profit surged by 70.97 % annually, and saw a -15.87 % decrease from the last quarter.
Net Profit showed yearly decrease of -53.85 %, and experienced a -7.69 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -53.6 % annually, however dipped by -7.94 % compared to the last quarter. In essence, while Coastal Roadways 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.
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