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Share the post "Everest Industries ‘s Q3 2024-25 Latest News: Profit Decreases by 865.16% YoY"
Highlights
🔹 The presented financial data is Standalone to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 3.64 % in the past year, decrease in net sales/revenue by -1.74 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -37.11 %, Marginal decrease of -16.64% in other income during this quarter. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for Everest Industries Limited. Profit dropped by -863 % Year to Year, Everest Industries Limited’s profitability increased by 39.59 % in this quarter. 🔹 EPS over the Year and quarter: EPS declined by -856.57 % Year to Year. EPS increased by 39.48 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 354.518 Cr | Rs. 373.953 Cr | Rs. 367.433 Cr | -1.74 % | + 3.64 % |
| Expenses | Rs. 346.06 Cr | Rs. 374.84 Cr | Rs. 371.24 Cr | -0.96 % | + 7.28 % |
| Operating Profit | Rs. 8.46 Cr | Rs. -0.89 Cr | Rs. -3.81 Cr | -328.09 % | -145.04 % |
| OPM % | 2.39 % | -0.24 % | -1.04 % | -0.8 % | -3.43 % |
| Other Income | Rs. 5.368 Cr | Rs. 4.05 Cr | Rs. 3.376 Cr | -16.64 % | -37.11 % |
| Interest | Rs. 3.23 Cr | Rs. 5.02 Cr | Rs. 5.95 Cr | + 18.53 % | + 84.21 % |
| Depreciation | Rs. 7.9 Cr | Rs. 8.95 Cr | Rs. 8.93 Cr | -0.22 % | + 13.04 % |
| Profit before tax | Rs. 2.7 Cr | Rs. -10.81 Cr | Rs. -15.31 Cr | -41.63 % | -667.04 % |
| Tax % | 42.32 % | -21.39 % | -22.56 % | -1.17 % | -64.88 % |
| Net Profit | Rs. 1.55 Cr | Rs. -8.49 Cr | Rs. -11.86 Cr | -39.69 % | -865.16 % |
| EPS in Rs | Rs. 0.98 | Rs. -5.37 | Rs. -7.49 | -39.48 % | -864.29 % |
Today, we’re looking at Everest Industries Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 3.64 %. However, it did see a marginal slip of -1.74 % from the previous quarter. Expenses decreased slightly by -0.96 % quarter-on-quarter, aligning with the annual rise of 7.28 %. Operating profit, while down -145.04 % compared to last year, faced a quarter-on-quarter dip of -328.09 %, 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 -3.43 %, but a shrinkage of -0.8 % sequentially. Other income fell by -16.64 % compared to the last quarter, despite an annual decline of -37.11 %. Interest expenses surged remarkably by 18.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 84.21 %. Depreciation costs fell by -0.22 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.04 %. Profit before tax declined annually by -667.04 % but saw a reduction from the preceding quarter by -41.63 %.
Tax expenses as a percentage of profits decreased slightly by -64.88 % compared to last year, with a more notable quarter-on-quarter decrease of -1.17 %. Net profit fell by -865.16 % year-on-year but witnessed a -39.69 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -864.29 % but a quarterly fall of -39.48 %. In summary, Everest Industries 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. 354.518 Cr | Rs. 373.953 Cr | Rs. 367.433 Cr | -1.74 % | + 3.64 % |
| Expenses | Rs. 346.06 Cr | Rs. 374.84 Cr | Rs. 371.24 Cr | -0.96 % | + 7.28 % |
| Operating Profit | Rs. 8.46 Cr | Rs. -0.89 Cr | Rs. -3.81 Cr | -328.09 % | -145.04 % |
| Net Profit | Rs. 1.55 Cr | Rs. -8.49 Cr | Rs. -11.86 Cr | -39.69 % | -865.16 % |
| EPS in Rs | Rs. 0.98 | Rs. -5.37 | Rs. -7.49 | -39.48 % | -864.29 % |
In reviewing Everest Industries Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 3.64 % year-on-year growth, although there was a slight dip of -1.74 % from the previous quarter. Expenses rose by 7.28 % compared to the previous year, with a decrease of -0.96 % quarter-on-quarter. Operating Profit dropped by -145.04 % annually, and saw a -328.09 % decrease from the last quarter.
Net Profit showed yearly decrease of -865.16 %, and experienced a -39.69 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -864.29 % annually, however dipped by -39.48 % compared to the last quarter. In essence, while Everest Industries 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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