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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 36.82 % in the past year, substantial increase in net sales/revenue by 122.71 %.
- 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 22.76 %. Marginal decrease of -6.53% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Energy Development Company Ltd.. Notable increase of 122.67 % in net profit Year to Year, Energy Development Company Ltd.’s profitability dropped by -1530.35 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 122.58 % Year to Year. EPS decreased by -1480 % 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. 11.031 Cr | Rs. 6.777 Cr | Rs. 15.093 Cr | + 122.71 % | + 36.82 % |
Expenses | Rs. 3.29 Cr | Rs. 2.76 Cr | Rs. 4.11 Cr | + 48.91 % | + 24.92 % |
Operating Profit | Rs. 7.74 Cr | Rs. 4.02 Cr | Rs. 10.98 Cr | + 173.13 % | + 41.86 % |
OPM % | 70.17 % | 59.32 % | 72.75 % | + 13.43 % | + 2.58 % |
Other Income | Rs. 0.268 Cr | Rs. 0.352 Cr | Rs. 0.329 Cr | -6.53 % | + 22.76 % |
Interest | Rs. 2.68 Cr | Rs. 2.45 Cr | Rs. 2.38 Cr | -2.86 % | -11.19 % |
Depreciation | Rs. 2.59 Cr | Rs. 2.56 Cr | Rs. 2.58 Cr | + 0.78 % | -0.39 % |
Profit before tax | Rs. 2.74 Cr | Rs. -0.64 Cr | Rs. 6.35 Cr | + 1092.19 % | + 131.75 % |
Tax % | 7.02 % | -28.33 % | 3.13 % | + 31.46 % | -3.89 % |
Net Profit | Rs. 2.94 Cr | Rs. -0.46 Cr | Rs. 6.55 Cr | + 1523.91 % | + 122.79 % |
EPS in Rs | Rs. 0.62 | Rs. -0.1 | Rs. 1.38 | + 1480 % | + 122.58 % |
Today, we’re looking at Energy Development Company 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 36.82 %. However, it did see a marginal increase of 122.71 % from the previous quarter. Expenses ticked up slightly by 48.91 % quarter-on-quarter, aligning with the annual rise of 24.92 %. Operating profit, while up 41.86 % compared to last year, faced a quarter-on-quarter increase of 173.13 %, 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 2.58 %, but an expansion of 13.43 % sequentially. Other income fell by -6.53 % compared to the last quarter, despite an annual growth of 22.76 %. Interest expenses dropped significantly by -2.86 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.19 %. Depreciation costs climbed by 0.78 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -0.39 %. Profit before tax grew annually by 131.75 % but saw an increase from the preceding quarter by 1092.19 %.
Tax expenses as a percentage of profits decreased slightly by -3.89 % compared to last year, with a more notable quarter-on-quarter increase of 31.46 %. Net profit rose by 122.79 % year-on-year but experienced a 1523.91 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 122.58 % but a quarterly rise of 1480 %. In summary, Energy Development Company 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. 11.031 Cr | Rs. 6.777 Cr | Rs. 15.093 Cr | + 122.71 % | + 36.82 % |
Expenses | Rs. 3.29 Cr | Rs. 2.76 Cr | Rs. 4.11 Cr | + 48.91 % | + 24.92 % |
Operating Profit | Rs. 7.74 Cr | Rs. 4.02 Cr | Rs. 10.98 Cr | + 173.13 % | + 41.86 % |
Net Profit | Rs. 2.94 Cr | Rs. -0.46 Cr | Rs. 6.55 Cr | + 1523.91 % | + 122.79 % |
EPS in Rs | Rs. 0.62 | Rs. -0.1 | Rs. 1.38 | + 1480 % | + 122.58 % |
In reviewing Energy Development Company Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 36.82 % year-on-year growth, however, there was a minor increase of 122.71 % from the previous quarter. Expenses rose by 24.92 % compared to the previous year, with a 48.91 % increase quarter-on-quarter. Operating Profit surged by 41.86 % annually, and saw a 173.13 % increase from the last quarter.
Net Profit showed yearly increase of 122.79 %, and experienced a 1523.91 % increase from the previous quarter. Earnings Per Share (EPS) rose by 122.58 % annually, however rose by 1480 % compared to the last quarter. In essence, while Energy Development Company 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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