Share the post "Comfort Commotrade announces Q2 results: Profit Rises by 59.33% 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 -29.81 % over the year, decrease in net sales/revenue by -15.99 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 33.33 %. Marginal increase in other income during this quarter, up by 686.21%.
- Profit over the Year and quarter: Significant improvement in profitability for Comfort Commotrade Limited. Notable increase of 59.19 % in net profit Year to Year, Comfort Commotrade Limited’s profitability increased by 3.09 % in this quarter.
- EPS over the Year and quarter: EPS increased by 59.02 % Year to Year. EPS increased by 2.88 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 11.738 Cr | Rs. 9.807 Cr | Rs. 8.239 Cr | -15.99 % | -29.81 % |
Expenses | Rs. 6.58 Cr | Rs. 0.15 Cr | Rs. 0.84 Cr | + 460 % | -87.23 % |
Operating Profit | Rs. 5.16 Cr | Rs. 9.66 Cr | Rs. 7.4 Cr | -23.4 % | + 43.41 % |
OPM % | 43.96 % | 98.5 % | 89.82 % | -8.68 % | + 45.86 % |
Other Income | Rs. 0.171 Cr | Rs. 0.029 Cr | Rs. 0.228 Cr | + 686.21 % | + 33.33 % |
Interest | Rs. 0.46 Cr | Rs. 0.26 Cr | Rs. 0.31 Cr | + 19.23 % | -32.61 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. 4.86 Cr | Rs. 9.42 Cr | Rs. 7.31 Cr | -22.4 % | + 50.41 % |
Tax % | 7.52 % | 26.18 % | 25.57 % | -0.61 % | + 18.05 % |
Net Profit | Rs. 4.5 Cr | Rs. 6.95 Cr | Rs. 7.17 Cr | + 3.17 % | + 59.33 % |
EPS in Rs | Rs. 4.49 | Rs. 6.94 | Rs. 7.14 | + 2.88 % | + 59.02 % |
Today, we’re looking at Comfort Commotrade 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 -29.81 %. However, it did see a marginal slip of -15.99 % from the previous quarter. Expenses ticked up slightly by 460 % quarter-on-quarter, aligning with the annual decline of -87.23 %. Operating profit, while up 43.41 % compared to last year, faced a quarter-on-quarter dip of -23.4 %, 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 45.86 %, but a shrinkage of -8.68 % sequentially. Other income rose by 686.21 % compared to the last quarter, despite an annual growth of 33.33 %. Interest expenses surged remarkably by 19.23 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.61 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 50.41 % but saw a reduction from the preceding quarter by -22.4 %.
Tax expenses as a percentage of profits increased slightly by 18.05 % compared to last year, with a more notable quarter-on-quarter decrease of -0.61 %. Net profit rose by 59.33 % year-on-year but experienced a 3.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 59.02 % but a quarterly rise of 2.88 %. In summary, Comfort Commotrade 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. 11.738 Cr | Rs. 9.807 Cr | Rs. 8.239 Cr | -15.99 % | -29.81 % |
Expenses | Rs. 6.58 Cr | Rs. 0.15 Cr | Rs. 0.84 Cr | + 460 % | -87.23 % |
Operating Profit | Rs. 5.16 Cr | Rs. 9.66 Cr | Rs. 7.4 Cr | -23.4 % | + 43.41 % |
Net Profit | Rs. 4.5 Cr | Rs. 6.95 Cr | Rs. 7.17 Cr | + 3.17 % | + 59.33 % |
EPS in Rs | Rs. 4.49 | Rs. 6.94 | Rs. 7.14 | + 2.88 % | + 59.02 % |
In reviewing Comfort Commotrade Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -29.81 % year-on-year, although there was a slight dip of -15.99 % from the previous quarter. Expenses decreased by -87.23 % compared to the previous year, with a 460 % increase quarter-on-quarter. Operating Profit surged by 43.41 % annually, and saw a -23.4 % decrease from the last quarter.
Net Profit showed yearly increase of 59.33 %, and experienced a 3.17 % increase from the previous quarter. Earnings Per Share (EPS) rose by 59.02 % annually, however rose by 2.88 % compared to the last quarter. In essence, while Comfort Commotrade Limited exhibits strong annual growth 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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