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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’s sales declined by -0.62 % over the year, substantial increase in net sales/revenue by 3.79 %.
- 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 1240 %. Marginal increase in other income during this quarter, up by 204.55%.
- Profit over the Year and quarter: Significant improvement in profitability for Eveready Industries India Limited. Notable increase of 16.19 % in net profit Year to Year, Eveready Industries India Limited’s profitability increased by 0.68 % in this quarter.
- EPS over the Year and quarter: EPS increased by 16.29 % Year to Year. EPS increased by 0.74 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 364.89 Cr | Rs. 349.37 Cr | Rs. 362.61 Cr | + 3.79 % | -0.62 % |
Expenses | Rs. 318.57 Cr | Rs. 299.61 Cr | Rs. 314.83 Cr | + 5.08 % | -1.17 % |
Operating Profit | Rs. 46.32 Cr | Rs. 49.76 Cr | Rs. 47.78 Cr | -3.98 % | + 3.15 % |
OPM % | 12.69 % | 14.24 % | 13.18 % | -1.06 % | + 0.49 % |
Other Income | Rs. 0.05 Cr | Rs. 0.22 Cr | Rs. 0.67 Cr | + 204.55 % | + 1240 % |
Interest | Rs. 8.2 Cr | Rs. 7.04 Cr | Rs. 6.25 Cr | -11.22 % | -23.78 % |
Depreciation | Rs. 7.17 Cr | Rs. 7.53 Cr | Rs. 7.18 Cr | -4.65 % | + 0.14 % |
Profit before tax | Rs. 31 Cr | Rs. 35.41 Cr | Rs. 35.02 Cr | -1.1 % | + 12.97 % |
Tax % | 17.94 % | 17.09 % | 15.59 % | -1.5 % | -2.35 % |
Net Profit | Rs. 25.44 Cr | Rs. 29.36 Cr | Rs. 29.56 Cr | + 0.68 % | + 16.19 % |
EPS in Rs | Rs. 3.5 | Rs. 4.04 | Rs. 4.07 | + 0.74 % | + 16.29 % |
Today, we’re looking at Eveready Industries India Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -0.62 %. However, it did see a marginal increase of 3.79 % from the previous quarter. Expenses ticked up slightly by 5.08 % quarter-on-quarter, aligning with the annual decline of -1.17 %. Operating profit, while up 3.15 % compared to last year, faced a quarter-on-quarter dip of -3.98 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.49 %, but a shrinkage of -1.06 % sequentially. Other income rose by 204.55 % compared to the last quarter, despite an annual growth of 1240 %. Interest expenses dropped significantly by -11.22 % from the previous quarter, yet the year-over-year decrease remains at a moderate -23.78 %. Depreciation costs fell by -4.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.14 %. Profit before tax grew annually by 12.97 % but saw a reduction from the preceding quarter by -1.1 %.
Tax expenses as a percentage of profits decreased slightly by -2.35 % compared to last year, with a more notable quarter-on-quarter decrease of -1.5 %. Net profit rose by 16.19 % year-on-year but experienced a 0.68 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.29 % but a quarterly rise of 0.74 %. In summary, Eveready Industries India 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. 364.89 Cr | Rs. 349.37 Cr | Rs. 362.61 Cr | + 3.79 % | -0.62 % |
Expenses | Rs. 318.57 Cr | Rs. 299.61 Cr | Rs. 314.83 Cr | + 5.08 % | -1.17 % |
Operating Profit | Rs. 46.32 Cr | Rs. 49.76 Cr | Rs. 47.78 Cr | -3.98 % | + 3.15 % |
Net Profit | Rs. 25.44 Cr | Rs. 29.36 Cr | Rs. 29.56 Cr | + 0.68 % | + 16.19 % |
EPS in Rs | Rs. 3.5 | Rs. 4.04 | Rs. 4.07 | + 0.74 % | + 16.29 % |
In reviewing Eveready Industries India Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.62 % year-on-year, however, there was a minor increase of 3.79 % from the previous quarter. Expenses decreased by -1.17 % compared to the previous year, with a 5.08 % increase quarter-on-quarter. Operating Profit surged by 3.15 % annually, and saw a -3.98 % decrease from the last quarter.
Net Profit showed yearly increase of 16.19 %, and experienced a 0.68 % increase from the previous quarter. Earnings Per Share (EPS) rose by 16.29 % annually, however rose by 0.74 % compared to the last quarter. In essence, while Eveready Industries India Limited 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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