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Share the post "Federal-Mogul Goetze (India) ‘s Q2 Update: Profit Grows by 21.89% YoY"
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 4.88 % in the past year, substantial increase in net sales/revenue by 4.29 %.
- 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 70.81 %. Marginal increase in other income during this quarter, up by 0.9%.
- Profit over the Year and quarter: Significant improvement in profitability for Federal-Mogul Goetze (India) Limited.. Notable increase of 21.89 % in net profit Year to Year, Federal-Mogul Goetze (India) Limited.’s profitability increased by 9.56 % in this quarter.
- EPS over the Year and quarter: EPS increased by 18.86 % Year to Year. EPS increased by 7.68 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 442.117 Cr | Rs. 444.651 Cr | Rs. 463.709 Cr | + 4.29 % | + 4.88 % |
| Expenses | Rs. 379.54 Cr | Rs. 381.77 Cr | Rs. 394.61 Cr | + 3.36 % | + 3.97 % |
| Operating Profit | Rs. 62.58 Cr | Rs. 62.88 Cr | Rs. 69.1 Cr | + 9.89 % | + 10.42 % |
| OPM % | 14.15 % | 14.14 % | 14.9 % | + 0.76 % | + 0.75 % |
| Other Income | Rs. 6.472 Cr | Rs. 10.956 Cr | Rs. 11.055 Cr | + 0.9 % | + 70.81 % |
| Interest | Rs. 1.24 Cr | Rs. 1.33 Cr | Rs. 1.01 Cr | -24.06 % | -18.55 % |
| Depreciation | Rs. 21.1 Cr | Rs. 21.46 Cr | Rs. 21.94 Cr | + 2.24 % | + 3.98 % |
| Profit before tax | Rs. 46.71 Cr | Rs. 51.05 Cr | Rs. 57.21 Cr | + 12.07 % | + 22.48 % |
| Tax % | 28.51 % | 27.23 % | 28.86 % | + 1.63 % | + 0.35 % |
| Net Profit | Rs. 33.39 Cr | Rs. 37.15 Cr | Rs. 40.7 Cr | + 9.56 % | + 21.89 % |
| EPS in Rs | Rs. 5.78 | Rs. 6.38 | Rs. 6.87 | + 7.68 % | + 18.86 % |
Today, we’re looking at Federal-Mogul Goetze (India) Limited.’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 4.88 %. However, it did see a marginal increase of 4.29 % from the previous quarter. Expenses ticked up slightly by 3.36 % quarter-on-quarter, aligning with the annual rise of 3.97 %. Operating profit, while up 10.42 % compared to last year, faced a quarter-on-quarter increase of 9.89 %, 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 0.75 %, but an expansion of 0.76 % sequentially. Other income rose by 0.9 % compared to the last quarter, despite an annual growth of 70.81 %. Interest expenses dropped significantly by -24.06 % from the previous quarter, yet the year-over-year decrease remains at a moderate -18.55 %. Depreciation costs climbed by 2.24 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.98 %. Profit before tax grew annually by 22.48 % but saw an increase from the preceding quarter by 12.07 %.
Tax expenses as a percentage of profits increased slightly by 0.35 % compared to last year, with a more notable quarter-on-quarter increase of 1.63 %. Net profit rose by 21.89 % year-on-year but experienced a 9.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 18.86 % but a quarterly rise of 7.68 %. In summary, Federal-Mogul Goetze (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. 442.117 Cr | Rs. 444.651 Cr | Rs. 463.709 Cr | + 4.29 % | + 4.88 % |
| Expenses | Rs. 379.54 Cr | Rs. 381.77 Cr | Rs. 394.61 Cr | + 3.36 % | + 3.97 % |
| Operating Profit | Rs. 62.58 Cr | Rs. 62.88 Cr | Rs. 69.1 Cr | + 9.89 % | + 10.42 % |
| Net Profit | Rs. 33.39 Cr | Rs. 37.15 Cr | Rs. 40.7 Cr | + 9.56 % | + 21.89 % |
| EPS in Rs | Rs. 5.78 | Rs. 6.38 | Rs. 6.87 | + 7.68 % | + 18.86 % |
In reviewing Federal-Mogul Goetze (India) Limited.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.88 % year-on-year growth, however, there was a minor increase of 4.29 % from the previous quarter. Expenses rose by 3.97 % compared to the previous year, with a 3.36 % increase quarter-on-quarter. Operating Profit surged by 10.42 % annually, and saw a 9.89 % increase from the last quarter.
Net Profit showed yearly increase of 21.89 %, and experienced a 9.56 % increase from the previous quarter. Earnings Per Share (EPS) rose by 18.86 % annually, however rose by 7.68 % compared to the last quarter. In essence, while Federal-Mogul Goetze (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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