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Share the post "Cosmo Ferrites ‘s Q2 Results: Profit Drops by 358.14% 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 -10.85 % over the year, decrease in net sales/revenue by -5.23 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -23.53 %, Marginal increase in other income during this quarter, up by 100%.
- Profit over the Year and quarter: Significant improvement in profitability for Cosmo Ferrites Ltd.,. Notable increase of 358.14 % in net profit Year to Year, Cosmo Ferrites Ltd.,’s profitability increased by 16.57 % in this quarter.
- EPS over the Year and quarter: EPS increased by 343.24 % Year to Year. EPS increased by 16.31 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 23.78 Cr | Rs. 22.37 Cr | Rs. 21.2 Cr | -5.23 % | -10.85 % |
| Expenses | Rs. 21.85 Cr | Rs. 21.96 Cr | Rs. 20.66 Cr | -5.92 % | -5.45 % |
| Operating Profit | Rs. 1.93 Cr | Rs. 0.41 Cr | Rs. 0.54 Cr | + 31.71 % | -72.02 % |
| OPM % | 8.12 % | 1.83 % | 2.55 % | + 0.72 % | -5.57 % |
| Other Income | Rs. 0.68 Cr | Rs. 0.26 Cr | Rs. 0.52 Cr | + 100 % | -23.53 % |
| Interest | Rs. 1.93 Cr | Rs. 1.73 Cr | Rs. 1.24 Cr | -28.32 % | -35.75 % |
| Depreciation | Rs. 1.21 Cr | Rs. 1.19 Cr | Rs. 1.15 Cr | -3.36 % | -4.96 % |
| Profit before tax | Rs. -0.53 Cr | Rs. -2.25 Cr | Rs. -1.33 Cr | + 40.89 % | -150.94 % |
| Tax % | -18.87 % | -24.89 % | -48.12 % | -23.23 % | -29.25 % |
| Net Profit | Rs. -0.43 Cr | Rs. -1.69 Cr | Rs. -1.97 Cr | -16.57 % | -358.14 % |
| EPS in Rs | Rs. -0.37 | Rs. -1.41 | Rs. -1.64 | -16.31 % | -343.24 % |
Today, we’re looking at Cosmo Ferrites 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 -10.85 %. However, it did see a marginal slip of -5.23 % from the previous quarter. Expenses decreased slightly by -5.92 % quarter-on-quarter, aligning with the annual decline of -5.45 %. Operating profit, while down -72.02 % compared to last year, faced a quarter-on-quarter increase of 31.71 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -5.57 %, but an expansion of 0.72 % sequentially. Other income rose by 100 % compared to the last quarter, despite an annual decline of -23.53 %. Interest expenses dropped significantly by -28.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -35.75 %. Depreciation costs fell by -3.36 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4.96 %. Profit before tax declined annually by -150.94 % but saw an increase from the preceding quarter by 40.89 %.
Tax expenses as a percentage of profits decreased slightly by -29.25 % compared to last year, with a more notable quarter-on-quarter decrease of -23.23 %. Net profit fell by -358.14 % year-on-year but witnessed a -16.57 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -343.24 % but a quarterly fall of -16.31 %. In summary, Cosmo Ferrites 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. 23.78 Cr | Rs. 22.37 Cr | Rs. 21.2 Cr | -5.23 % | -10.85 % |
| Expenses | Rs. 21.85 Cr | Rs. 21.96 Cr | Rs. 20.66 Cr | -5.92 % | -5.45 % |
| Operating Profit | Rs. 1.93 Cr | Rs. 0.41 Cr | Rs. 0.54 Cr | + 31.71 % | -72.02 % |
| Net Profit | Rs. -0.43 Cr | Rs. -1.69 Cr | Rs. -1.97 Cr | -16.57 % | -358.14 % |
| EPS in Rs | Rs. -0.37 | Rs. -1.41 | Rs. -1.64 | -16.31 % | -343.24 % |
In reviewing Cosmo Ferrites Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -10.85 % year-on-year, although there was a slight dip of -5.23 % from the previous quarter. Expenses decreased by -5.45 % compared to the previous year, with a decrease of -5.92 % quarter-on-quarter. Operating Profit dropped by -72.02 % annually, and saw a 31.71 % increase from the last quarter.
Net Profit showed yearly decrease of -358.14 %, and experienced a -16.57 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -343.24 % annually, however dipped by -16.31 % compared to the last quarter. In essence, while Cosmo Ferrites Ltd., faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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