NIFTY 50 23351 ▲ (0.03%)
NIFTY NEXT 50 64794.05 ▼ (0.48%)
NIFTY 100 24032.95 ▼ (0.07%)
NIFTY MIDCAP 100 54944.75 ▼ (0.29%)
NIFTY SMALLCAP 100 17871.85 ▲ (0.04%)
NIFTY SMALLCAP 250 16857.3 ▲ (0.09%)
NIFTY MIDCAP SELECT 12279.4 ▼ (0.62%)
NIFTY TOTAL MARKET 12298.95 ▼ (0.05%)
NIFTY BANK 49217.45 ▼ (0.27%)
SENSEX 76882.63 ▼ (0.25%)
BSE BANKEX 55818.16 ▼ (0.39%)

Essar Securities ‘s Latest Q2 Report: Profit Up by 63.64% Year-on-Year

[fetch_key]

Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Essar Securities Limited. Profit dropped by -66.67 % Year to Year, Essar Securities Limited’s profitability increased by 8.82 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -62.50 % Year to Year. EPS increased by 50 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Essar Securities Limited‘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 Cr Rs. 0 Cr Rs. 0.075 Cr 0 % 0 %
Expenses Rs. 0.11 Cr Rs. 0.03 Cr Rs. 0.11 Cr + 266.67 % + 0 %
Operating Profit Rs. -0.11 Cr Rs. -0.03 Cr Rs. -0.04 Cr -33.33 % + 63.64 %
OPM % 0 % 0 % -53.33 % -53.33 % -53.33 %
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. -0.11 Cr Rs. -0.03 Cr Rs. -0.04 Cr -33.33 % + 63.64 %
Tax % -0 % -0 % -0 % 0 % 0 %
Net Profit Rs. -0.11 Cr Rs. -0.03 Cr Rs. -0.04 Cr -33.33 % + 63.64 %
EPS in Rs Rs. -0.08 Rs. -0.02 Rs. -0.03 -50 % + 62.5 %


Today, we’re looking at Essar Securities Limited’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 266.67 % quarter-on-quarter, aligning with the annual rise of 0 %. Operating profit, while up 63.64 % compared to last year, faced a quarter-on-quarter dip of -33.33 %, 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 -53.33 %, but a shrinkage of -53.33 % sequentially. Profit before tax grew annually by 63.64 % but saw a reduction from the preceding quarter by -33.33 %.
Net profit rose by 63.64 % year-on-year but witnessed a -33.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 62.5 % but a quarterly fall of -50 %. In summary, Essar Securities 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 Cr Rs. 0.075 Cr 0 % 0 %
Expenses Rs. 0.11 Cr Rs. 0.03 Cr Rs. 0.11 Cr + 266.67 % + 0 %
Operating Profit Rs. -0.11 Cr Rs. -0.03 Cr Rs. -0.04 Cr -33.33 % + 63.64 %
Net Profit Rs. -0.11 Cr Rs. -0.03 Cr Rs. -0.04 Cr -33.33 % + 63.64 %
EPS in Rs Rs. -0.08 Rs. -0.02 Rs. -0.03 -50 % + 62.5 %


In reviewing Essar Securities Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 0 % compared to the previous year, with a 266.67 % increase quarter-on-quarter. Operating Profit surged by 63.64 % annually, and saw a -33.33 % decrease from the last quarter.
Net Profit showed yearly increase of 63.64 %, and experienced a -33.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 62.5 % annually, however dipped by -50 % compared to the last quarter. In essence, while Essar Securities 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.

[my_shortcode1 values=”Essar Securities Limited”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post