Share the post "Fineotex Chemical ‘s Q2 Report: Revenue Rises by 0.32% 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 0.32 % in the past year, substantial increase in net sales/revenue by 2.7 %.
- 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 81.01 %. Marginal increase in other income during this quarter, up by 41.54%.
- Profit over the Year and quarter: Significant improvement in profitability for Fineotex Chemical Limited. Notable increase of 1.82 % in net profit Year to Year, Fineotex Chemical Limited’s profitability increased by 9.91 % in this quarter.
- EPS over the Year and quarter: EPS declined by -1.06 % Year to Year. EPS increased by 9.37 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 145.268 Cr | Rs. 141.901 Cr | Rs. 145.727 Cr | + 2.7 % | + 0.32 % |
Expenses | Rs. 107.06 Cr | Rs. 106.64 Cr | Rs. 109.33 Cr | + 2.52 % | + 2.12 % |
Operating Profit | Rs. 38.21 Cr | Rs. 35.26 Cr | Rs. 36.4 Cr | + 3.23 % | -4.74 % |
OPM % | 26.3 % | 24.85 % | 24.98 % | + 0.13 % | -1.32 % |
Other Income | Rs. 3.812 Cr | Rs. 4.875 Cr | Rs. 6.9 Cr | + 41.54 % | + 81.01 % |
Interest | Rs. 0.26 Cr | Rs. 0.25 Cr | Rs. 0.22 Cr | -12 % | -15.38 % |
Depreciation | Rs. 1.41 Cr | Rs. 2.25 Cr | Rs. 2.37 Cr | + 5.33 % | + 68.09 % |
Profit before tax | Rs. 40.35 Cr | Rs. 37.64 Cr | Rs. 40.71 Cr | + 8.16 % | + 0.89 % |
Tax % | 21.95 % | 22.47 % | 21.22 % | -1.25 % | -0.73 % |
Net Profit | Rs. 31.5 Cr | Rs. 29.18 Cr | Rs. 32.07 Cr | + 9.9 % | + 1.81 % |
EPS in Rs | Rs. 2.83 | Rs. 2.56 | Rs. 2.8 | + 9.37 % | -1.06 % |
Today, we’re looking at Fineotex Chemical 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 0.32 %. However, it did see a marginal increase of 2.7 % from the previous quarter. Expenses ticked up slightly by 2.52 % quarter-on-quarter, aligning with the annual rise of 2.12 %. Operating profit, while down -4.74 % compared to last year, faced a quarter-on-quarter increase of 3.23 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.32 %, but an expansion of 0.13 % sequentially. Other income rose by 41.54 % compared to the last quarter, despite an annual growth of 81.01 %. Interest expenses dropped significantly by -12 % from the previous quarter, yet the year-over-year decrease remains at a moderate -15.38 %. Depreciation costs climbed by 5.33 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 68.09 %. Profit before tax grew annually by 0.89 % but saw an increase from the preceding quarter by 8.16 %.
Tax expenses as a percentage of profits decreased slightly by -0.73 % compared to last year, with a more notable quarter-on-quarter decrease of -1.25 %. Net profit rose by 1.81 % year-on-year but experienced a 9.9 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -1.06 % but a quarterly rise of 9.37 %. In summary, Fineotex Chemical 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. 145.268 Cr | Rs. 141.901 Cr | Rs. 145.727 Cr | + 2.7 % | + 0.32 % |
Expenses | Rs. 107.06 Cr | Rs. 106.64 Cr | Rs. 109.33 Cr | + 2.52 % | + 2.12 % |
Operating Profit | Rs. 38.21 Cr | Rs. 35.26 Cr | Rs. 36.4 Cr | + 3.23 % | -4.74 % |
Net Profit | Rs. 31.5 Cr | Rs. 29.18 Cr | Rs. 32.07 Cr | + 9.9 % | + 1.81 % |
EPS in Rs | Rs. 2.83 | Rs. 2.56 | Rs. 2.8 | + 9.37 % | -1.06 % |
In reviewing Fineotex Chemical Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0.32 % year-on-year growth, however, there was a minor increase of 2.7 % from the previous quarter. Expenses rose by 2.12 % compared to the previous year, with a 2.52 % increase quarter-on-quarter. Operating Profit dropped by -4.74 % annually, and saw a 3.23 % increase from the last quarter.
Net Profit showed yearly increase of 1.81 %, and experienced a 9.9 % increase from the previous quarter. Earnings Per Share (EPS) fell by -1.06 % annually, however rose by 9.37 % compared to the last quarter. In essence, while Fineotex Chemical 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.
[my_shortcode1 values=”Fineotex Chemical Limited”]