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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 experienced a substantial growth of 81.27 % in the past year, substantial increase in net sales/revenue by 12.89 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -65.1 %, Marginal decrease of -49.02% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Eco Recycling Limited. Notable increase of 34.12 % in net profit Year to Year, Eco Recycling Limited’s profitability increased by 0.61 % in this quarter.
- EPS over the Year and quarter: EPS increased by 34.07 % Year to Year. EPS increased by 0.47 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 7.1 Cr | Rs. 11.4 Cr | Rs. 12.87 Cr | + 12.89 % | + 81.27 % |
Expenses | Rs. 2.84 Cr | Rs. 3.21 Cr | Rs. 3.65 Cr | + 13.71 % | + 28.52 % |
Operating Profit | Rs. 4.26 Cr | Rs. 8.19 Cr | Rs. 9.22 Cr | + 12.58 % | + 116.43 % |
OPM % | 60 % | 71.84 % | 71.64 % | -0.2 % | + 11.64 % |
Other Income | Rs. 2.98 Cr | Rs. 2.04 Cr | Rs. 1.04 Cr | -49.02 % | -65.1 % |
Interest | Rs. 0.12 Cr | Rs. 0.17 Cr | Rs. 0.17 Cr | + 0 % | + 41.67 % |
Depreciation | Rs. 0.26 Cr | Rs. 0.24 Cr | Rs. 0.25 Cr | + 4.17 % | -3.85 % |
Profit before tax | Rs. 6.86 Cr | Rs. 9.82 Cr | Rs. 9.84 Cr | + 0.2 % | + 43.44 % |
Tax % | 10.92 % | 17.01 % | 16.67 % | -0.34 % | + 5.75 % |
Net Profit | Rs. 6.11 Cr | Rs. 8.15 Cr | Rs. 8.2 Cr | + 0.61 % | + 34.21 % |
EPS in Rs | Rs. 3.17 | Rs. 4.23 | Rs. 4.25 | + 0.47 % | + 34.07 % |
Today, we’re looking at Eco Recycling Limited’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 81.27 %. However, it did see a marginal increase of 12.89 % from the previous quarter. Expenses ticked up slightly by 13.71 % quarter-on-quarter, aligning with the annual rise of 28.52 %. Operating profit, while up 116.43 % compared to last year, faced a quarter-on-quarter increase of 12.58 %, 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 11.64 %, but a shrinkage of -0.2 % sequentially. Other income fell by -49.02 % compared to the last quarter, despite an annual decline of -65.1 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 41.67 %. Depreciation costs climbed by 4.17 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.85 %. Profit before tax grew annually by 43.44 % but saw an increase from the preceding quarter by 0.2 %.
Tax expenses as a percentage of profits increased slightly by 5.75 % compared to last year, with a more notable quarter-on-quarter decrease of -0.34 %. Net profit rose by 34.21 % year-on-year but experienced a 0.61 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 34.07 % but a quarterly rise of 0.47 %. In summary, Eco Recycling 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. 7.1 Cr | Rs. 11.4 Cr | Rs. 12.87 Cr | + 12.89 % | + 81.27 % |
Expenses | Rs. 2.84 Cr | Rs. 3.21 Cr | Rs. 3.65 Cr | + 13.71 % | + 28.52 % |
Operating Profit | Rs. 4.26 Cr | Rs. 8.19 Cr | Rs. 9.22 Cr | + 12.58 % | + 116.43 % |
Net Profit | Rs. 6.11 Cr | Rs. 8.15 Cr | Rs. 8.2 Cr | + 0.61 % | + 34.21 % |
EPS in Rs | Rs. 3.17 | Rs. 4.23 | Rs. 4.25 | + 0.47 % | + 34.07 % |
In reviewing Eco Recycling Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 81.27 % year-on-year growth, however, there was a minor increase of 12.89 % from the previous quarter. Expenses rose by 28.52 % compared to the previous year, with a 13.71 % increase quarter-on-quarter. Operating Profit surged by 116.43 % annually, and saw a 12.58 % increase from the last quarter.
Net Profit showed yearly increase of 34.21 %, and experienced a 0.61 % increase from the previous quarter. Earnings Per Share (EPS) rose by 34.07 % annually, however rose by 0.47 % compared to the last quarter. In essence, while Eco Recycling Limited 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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