Share the post "Equippp Social Impact Technologies ‘s Q2 Update: Profit Falls by 47.22% Year-on-Year"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: substantial increase in net sales/revenue by 6.9 %.
- Profit over the Year and quarter: Significant improvement in profitability for Equippp Social Impact Technologies Limited. Notable increase of 44.23 % in net profit Year to Year, Equippp Social Impact Technologies Limited’s profitability increased by 234.39 % in this quarter.
- EPS over the Year and quarter: EPS increased by 25.00 % Year to Year. EPS increased by 150 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0 Cr | Rs. 0.449 Cr | Rs. 0.48 Cr | + 6.9 % | 0 % |
Expenses | Rs. 0.27 Cr | Rs. 0.43 Cr | Rs. 0.8 Cr | + 86.05 % | + 196.3 % |
Operating Profit | Rs. -0.27 Cr | Rs. 0.02 Cr | Rs. -0.32 Cr | -1700 % | -18.52 % |
OPM % | 0 % | 4.45 % | -66.67 % | -71.12 % | -66.67 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.015 Cr | 0 % | 0 % |
Interest | Rs. 0.03 Cr | Rs. 0.11 Cr | Rs. 0.15 Cr | + 36.36 % | + 400 % |
Depreciation | Rs. 0.06 Cr | Rs. 0.06 Cr | Rs. 0.07 Cr | + 16.67 % | + 16.67 % |
Profit before tax | Rs. -0.36 Cr | Rs. -0.15 Cr | Rs. -0.53 Cr | -253.33 % | -47.22 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.36 Cr | Rs. -0.16 Cr | Rs. -0.53 Cr | -231.25 % | -47.22 % |
EPS in Rs | Rs. -0.04 | Rs. -0.02 | Rs. -0.05 | -150 % | -25 % |
Today, we’re looking at Equippp Social Impact Technologies Limited’s financial performance for the Q2(Sep 2024-25).However, it did see a marginal increase of 6.9 % from the previous quarter. Expenses ticked up slightly by 86.05 % quarter-on-quarter, aligning with the annual rise of 196.3 %. Operating profit, while down -18.52 % compared to last year, faced a quarter-on-quarter dip of -1700 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -66.67 %, but a shrinkage of -71.12 % sequentially. Interest expenses surged remarkably by 36.36 % from the previous quarter, yet the year-over-year increase remains at a moderate 400 %. Depreciation costs climbed by 16.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.67 %. Profit before tax declined annually by -47.22 % but saw a reduction from the preceding quarter by -253.33 %.
Net profit fell by -47.22 % year-on-year but witnessed a -231.25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -25 % but a quarterly fall of -150 %. In summary, Equippp Social Impact Technologies 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. 0 Cr | Rs. 0.449 Cr | Rs. 0.48 Cr | + 6.9 % | 0 % |
Expenses | Rs. 0.27 Cr | Rs. 0.43 Cr | Rs. 0.8 Cr | + 86.05 % | + 196.3 % |
Operating Profit | Rs. -0.27 Cr | Rs. 0.02 Cr | Rs. -0.32 Cr | -1700 % | -18.52 % |
Net Profit | Rs. -0.36 Cr | Rs. -0.16 Cr | Rs. -0.53 Cr | -231.25 % | -47.22 % |
EPS in Rs | Rs. -0.04 | Rs. -0.02 | Rs. -0.05 | -150 % | -25 % |
In reviewing Equippp Social Impact Technologies Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.however, there was a minor increase of 6.9 % from the previous quarter. Expenses rose by 196.3 % compared to the previous year, with a 86.05 % increase quarter-on-quarter. Operating Profit dropped by -18.52 % annually, and saw a -1700 % decrease from the last quarter.
Net Profit showed yearly decrease of -47.22 %, and experienced a -231.25 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -25 % annually, however dipped by -150 % compared to the last quarter. In essence, while Equippp Social Impact Technologies Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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