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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 -4.2 % over the year, substantial increase in net sales/revenue by 113.52 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -64.53 %, Marginal decrease of -38.57% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Cravatex Ltd.. Profit dropped by -14.82 % Year to Year, Cravatex Ltd.’s profitability increased by 447.52 % in this quarter.
- EPS over the Year and quarter: EPS declined by -17.26 % Year to Year. EPS increased by 448.66 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 57.451 Cr | Rs. 25.776 Cr | Rs. 55.036 Cr | + 113.52 % | -4.2 % |
| Expenses | Rs. 59.62 Cr | Rs. 28.1 Cr | Rs. 53.03 Cr | + 88.72 % | -11.05 % |
| Operating Profit | Rs. -2.17 Cr | Rs. -2.32 Cr | Rs. 2.01 Cr | + 186.64 % | + 192.63 % |
| OPM % | -3.78 % | -9 % | 3.65 % | + 12.65 % | + 7.43 % |
| Other Income | Rs. 6.025 Cr | Rs. 3.479 Cr | Rs. 2.137 Cr | -38.57 % | -64.53 % |
| Interest | Rs. 0.08 Cr | Rs. 0.11 Cr | Rs. 0.11 Cr | + 0 % | + 37.5 % |
| Depreciation | Rs. 0.53 Cr | Rs. 0.34 Cr | Rs. 0.34 Cr | + 0 % | -35.85 % |
| Profit before tax | Rs. 3.25 Cr | Rs. 0.71 Cr | Rs. 3.7 Cr | + 421.13 % | + 13.85 % |
| Tax % | 4.22 % | 30.76 % | 28.4 % | -2.36 % | + 24.18 % |
| Net Profit | Rs. 3.11 Cr | Rs. 0.48 Cr | Rs. 2.65 Cr | + 452.08 % | -14.79 % |
| EPS in Rs | Rs. 12.4 | Rs. 1.87 | Rs. 10.26 | + 448.66 % | -17.26 % |
Today, we’re looking at Cravatex 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 -4.2 %. However, it did see a marginal increase of 113.52 % from the previous quarter. Expenses ticked up slightly by 88.72 % quarter-on-quarter, aligning with the annual decline of -11.05 %. Operating profit, while up 192.63 % compared to last year, faced a quarter-on-quarter increase of 186.64 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 7.43 %, but an expansion of 12.65 % sequentially. Other income fell by -38.57 % compared to the last quarter, despite an annual decline of -64.53 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 37.5 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35.85 %. Profit before tax grew annually by 13.85 % but saw an increase from the preceding quarter by 421.13 %.
Tax expenses as a percentage of profits increased slightly by 24.18 % compared to last year, with a more notable quarter-on-quarter decrease of -2.36 %. Net profit fell by -14.79 % year-on-year but experienced a 452.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -17.26 % but a quarterly rise of 448.66 %. In summary, Cravatex 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. 57.451 Cr | Rs. 25.776 Cr | Rs. 55.036 Cr | + 113.52 % | -4.2 % |
| Expenses | Rs. 59.62 Cr | Rs. 28.1 Cr | Rs. 53.03 Cr | + 88.72 % | -11.05 % |
| Operating Profit | Rs. -2.17 Cr | Rs. -2.32 Cr | Rs. 2.01 Cr | + 186.64 % | + 192.63 % |
| Net Profit | Rs. 3.11 Cr | Rs. 0.48 Cr | Rs. 2.65 Cr | + 452.08 % | -14.79 % |
| EPS in Rs | Rs. 12.4 | Rs. 1.87 | Rs. 10.26 | + 448.66 % | -17.26 % |
In reviewing Cravatex Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.2 % year-on-year, however, there was a minor increase of 113.52 % from the previous quarter. Expenses decreased by -11.05 % compared to the previous year, with a 88.72 % increase quarter-on-quarter. Operating Profit surged by 192.63 % annually, and saw a 186.64 % increase from the last quarter.
Net Profit showed yearly decrease of -14.79 %, and experienced a 452.08 % increase from the previous quarter. Earnings Per Share (EPS) fell by -17.26 % annually, however rose by 448.66 % compared to the last quarter. In essence, while Cravatex Ltd. exhibits strong annual growth 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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