Share the post "Edvenswa Enterprises ‘s Q2 Update: Profit Grows by 9.43% 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 experienced a substantial growth of 24.01 % in the past year, substantial increase in net sales/revenue by 4.71 %.
- 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 210.53 %. Marginal decrease of -13.24% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Edvenswa Enterprises Limited. Notable increase of 9.49 % in net profit Year to Year, Edvenswa Enterprises Limited’s profitability increased by 3.53 % in this quarter.
- EPS over the Year and quarter: EPS declined by -9.65 % Year to Year. EPS decreased by -7.21 % 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. 20.342 Cr | Rs. 24.091 Cr | Rs. 25.226 Cr | + 4.71 % | + 24.01 % |
Expenses | Rs. 17.52 Cr | Rs. 20.84 Cr | Rs. 21.35 Cr | + 2.45 % | + 21.86 % |
Operating Profit | Rs. 2.82 Cr | Rs. 3.25 Cr | Rs. 3.88 Cr | + 19.38 % | + 37.59 % |
OPM % | 13.86 % | 13.49 % | 15.38 % | + 1.89 % | + 1.52 % |
Other Income | Rs. 0.019 Cr | Rs. 0.068 Cr | Rs. 0.059 Cr | -13.24 % | + 210.53 % |
Interest | Rs. 0.02 Cr | Rs. 0.08 Cr | Rs. 0.12 Cr | + 50 % | + 500 % |
Depreciation | Rs. 0.18 Cr | Rs. 0.3 Cr | Rs. 0.28 Cr | -6.67 % | + 55.56 % |
Profit before tax | Rs. 2.64 Cr | Rs. 2.94 Cr | Rs. 3.54 Cr | + 20.41 % | + 34.09 % |
Tax % | 19.84 % | 23.71 % | 34.5 % | + 10.79 % | + 14.66 % |
Net Profit | Rs. 2.12 Cr | Rs. 2.24 Cr | Rs. 2.32 Cr | + 3.57 % | + 9.43 % |
EPS in Rs | Rs. 1.12 | Rs. 1.11 | Rs. 0.94 | -15.32 % | -16.07 % |
Today, we’re looking at Edvenswa Enterprises 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 24.01 %. However, it did see a marginal increase of 4.71 % from the previous quarter. Expenses ticked up slightly by 2.45 % quarter-on-quarter, aligning with the annual rise of 21.86 %. Operating profit, while up 37.59 % compared to last year, faced a quarter-on-quarter increase of 19.38 %, 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 1.52 %, but an expansion of 1.89 % sequentially. Other income fell by -13.24 % compared to the last quarter, despite an annual growth of 210.53 %. Interest expenses surged remarkably by 50 % from the previous quarter, yet the year-over-year increase remains at a moderate 500 %. Depreciation costs fell by -6.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 55.56 %. Profit before tax grew annually by 34.09 % but saw an increase from the preceding quarter by 20.41 %.
Tax expenses as a percentage of profits increased slightly by 14.66 % compared to last year, with a more notable quarter-on-quarter increase of 10.79 %. Net profit rose by 9.43 % year-on-year but experienced a 3.57 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -16.07 % but a quarterly fall of -15.32 %. In summary, Edvenswa Enterprises 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. 20.342 Cr | Rs. 24.091 Cr | Rs. 25.226 Cr | + 4.71 % | + 24.01 % |
Expenses | Rs. 17.52 Cr | Rs. 20.84 Cr | Rs. 21.35 Cr | + 2.45 % | + 21.86 % |
Operating Profit | Rs. 2.82 Cr | Rs. 3.25 Cr | Rs. 3.88 Cr | + 19.38 % | + 37.59 % |
Net Profit | Rs. 2.12 Cr | Rs. 2.24 Cr | Rs. 2.32 Cr | + 3.57 % | + 9.43 % |
EPS in Rs | Rs. 1.12 | Rs. 1.11 | Rs. 0.94 | -15.32 % | -16.07 % |
In reviewing Edvenswa Enterprises Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 24.01 % year-on-year growth, however, there was a minor increase of 4.71 % from the previous quarter. Expenses rose by 21.86 % compared to the previous year, with a 2.45 % increase quarter-on-quarter. Operating Profit surged by 37.59 % annually, and saw a 19.38 % increase from the last quarter.
Net Profit showed yearly increase of 9.43 %, and experienced a 3.57 % increase from the previous quarter. Earnings Per Share (EPS) fell by -16.07 % annually, however dipped by -15.32 % compared to the last quarter. In essence, while Edvenswa Enterprises 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.
[my_shortcode1 values=”Edvenswa Enterprises Limited”]