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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 experienced a substantial growth of 0 % in the past year, decrease in net sales/revenue by -95.35 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Elango Industries Ltd. Profit dropped by -23.81 % Year to Year, Elango Industries Ltd’s profitability dropped by -66.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -27.27 % Year to Year. EPS decreased by -68 % 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. 0.002 Cr | Rs. 0.043 Cr | Rs. 0.002 Cr | -95.35 % | + 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.13 Cr | Rs. 0.03 Cr | -76.92 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.09 Cr | Rs. -0.03 Cr | + 66.67 % | + 25 % |
OPM % | -2000 % | -209.3 % | -1500 % | -1290.7 % | + 500 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.04 Cr | Rs. -0.09 Cr | Rs. -0.03 Cr | + 66.67 % | + 25 % |
Tax % | -7.69 % | -1.05 % | -3.23 % | -2.18 % | + 4.46 % |
Net Profit | Rs. -0.04 Cr | Rs. -0.1 Cr | Rs. -0.03 Cr | + 70 % | + 25 % |
EPS in Rs | Rs. -0.11 | Rs. -0.25 | Rs. -0.08 | + 68 % | + 27.27 % |
Today, we’re looking at Elango Industries Ltd’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 0 %. However, it did see a marginal slip of -95.35 % from the previous quarter. Expenses decreased slightly by -76.92 % quarter-on-quarter, aligning with the annual decline of -25 %. Operating profit, while up 25 % compared to last year, faced a quarter-on-quarter increase of 66.67 %, 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 500 %, but a shrinkage of -1290.7 % sequentially. Profit before tax grew annually by 25 % but saw an increase from the preceding quarter by 66.67 %.
Tax expenses as a percentage of profits increased slightly by 4.46 % compared to last year, with a more notable quarter-on-quarter decrease of -2.18 %. Net profit rose by 25 % year-on-year but experienced a 70 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.27 % but a quarterly rise of 68 %. In summary, Elango Industries 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. 0.002 Cr | Rs. 0.043 Cr | Rs. 0.002 Cr | -95.35 % | + 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.13 Cr | Rs. 0.03 Cr | -76.92 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.09 Cr | Rs. -0.03 Cr | + 66.67 % | + 25 % |
Net Profit | Rs. -0.04 Cr | Rs. -0.1 Cr | Rs. -0.03 Cr | + 70 % | + 25 % |
EPS in Rs | Rs. -0.11 | Rs. -0.25 | Rs. -0.08 | + 68 % | + 27.27 % |
In reviewing Elango Industries Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0 % year-on-year growth, although there was a slight dip of -95.35 % from the previous quarter. Expenses decreased by -25 % compared to the previous year, with a decrease of -76.92 % quarter-on-quarter. Operating Profit surged by 25 % annually, and saw a 66.67 % increase from the last quarter.
Net Profit showed yearly increase of 25 %, and experienced a 70 % increase from the previous quarter. Earnings Per Share (EPS) rose by 27.27 % annually, however rose by 68 % compared to the last quarter. In essence, while Elango Industries 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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