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Elango Industries ‘s Latest Q2 Report: Profit Up by 25% Year-on-Year

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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.

The comprehensive analytics outlining the performance and outlook of Elango Industries Ltd‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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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