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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’s sales declined by -7.47 % over the year, decrease in net sales/revenue by -20.97 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -74.13 %, Marginal decrease of -76.58% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Cosco (India) ltd.. Profit dropped by -69.76 % Year to Year, Cosco (India) ltd.’s profitability dropped by -87.01 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -69.62 % Year to Year. EPS decreased by -86.96 % 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. 41.236 Cr | Rs. 48.279 Cr | Rs. 38.157 Cr | -20.97 % | -7.47 % |
Expenses | Rs. 38.6 Cr | Rs. 44.91 Cr | Rs. 35.96 Cr | -19.93 % | -6.84 % |
Operating Profit | Rs. 2.64 Cr | Rs. 3.37 Cr | Rs. 2.2 Cr | -34.72 % | -16.67 % |
OPM % | 6.4 % | 6.98 % | 5.77 % | -1.21 % | -0.63 % |
Other Income | Rs. 0.572 Cr | Rs. 0.632 Cr | Rs. 0.148 Cr | -76.58 % | -74.13 % |
Interest | Rs. 1.35 Cr | Rs. 1.24 Cr | Rs. 1.43 Cr | + 15.32 % | + 5.93 % |
Depreciation | Rs. 0.63 Cr | Rs. 0.6 Cr | Rs. 0.64 Cr | + 6.67 % | + 1.59 % |
Profit before tax | Rs. 1.23 Cr | Rs. 2.16 Cr | Rs. 0.28 Cr | -87.04 % | -77.24 % |
Tax % | 46.42 % | 29.01 % | 29.43 % | + 0.42 % | -16.99 % |
Net Profit | Rs. 0.66 Cr | Rs. 1.53 Cr | Rs. 0.2 Cr | -86.93 % | -69.7 % |
EPS in Rs | Rs. 1.58 | Rs. 3.68 | Rs. 0.48 | -86.96 % | -69.62 % |
Today, we’re looking at Cosco (India) 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 -7.47 %. However, it did see a marginal slip of -20.97 % from the previous quarter. Expenses decreased slightly by -19.93 % quarter-on-quarter, aligning with the annual decline of -6.84 %. Operating profit, while down -16.67 % compared to last year, faced a quarter-on-quarter dip of -34.72 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.63 %, but a shrinkage of -1.21 % sequentially. Other income fell by -76.58 % compared to the last quarter, despite an annual decline of -74.13 %. Interest expenses surged remarkably by 15.32 % from the previous quarter, yet the year-over-year increase remains at a moderate 5.93 %. Depreciation costs climbed by 6.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.59 %. Profit before tax declined annually by -77.24 % but saw a reduction from the preceding quarter by -87.04 %.
Tax expenses as a percentage of profits decreased slightly by -16.99 % compared to last year, with a more notable quarter-on-quarter increase of 0.42 %. Net profit fell by -69.7 % year-on-year but witnessed a -86.93 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -69.62 % but a quarterly fall of -86.96 %. In summary, Cosco (India) 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. 41.236 Cr | Rs. 48.279 Cr | Rs. 38.157 Cr | -20.97 % | -7.47 % |
Expenses | Rs. 38.6 Cr | Rs. 44.91 Cr | Rs. 35.96 Cr | -19.93 % | -6.84 % |
Operating Profit | Rs. 2.64 Cr | Rs. 3.37 Cr | Rs. 2.2 Cr | -34.72 % | -16.67 % |
Net Profit | Rs. 0.66 Cr | Rs. 1.53 Cr | Rs. 0.2 Cr | -86.93 % | -69.7 % |
EPS in Rs | Rs. 1.58 | Rs. 3.68 | Rs. 0.48 | -86.96 % | -69.62 % |
In reviewing Cosco (India) ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.47 % year-on-year, although there was a slight dip of -20.97 % from the previous quarter. Expenses decreased by -6.84 % compared to the previous year, with a decrease of -19.93 % quarter-on-quarter. Operating Profit dropped by -16.67 % annually, and saw a -34.72 % decrease from the last quarter.
Net Profit showed yearly decrease of -69.7 %, and experienced a -86.93 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -69.62 % annually, however dipped by -86.96 % compared to the last quarter. In essence, while Cosco (India) 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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