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Energy Development Company ‘s Q2 Financial results: Revenue Grows by 36.82% YoY

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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.

The comprehensive analytics outlining the performance and outlook of Energy Development Company 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. 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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