Share the post "FLEXITUFF VENTURES INTERNATIONAL announces Q2 Report: Revenue Dropped by 51.98% 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’s sales declined by -51.98 % over the year, substantial increase in net sales/revenue by 6.39 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -57.66 %, Marginal decrease of -99.91% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for FLEXITUFF VENTURES INTERNATIONAL LIMITED. Profit dropped by -56.52 % Year to Year, FLEXITUFF VENTURES INTERNATIONAL LIMITED’s profitability dropped by -104.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -62.34 % Year to Year. EPS decreased by -104.28 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 177.152 Cr | Rs. 79.952 Cr | Rs. 85.061 Cr | + 6.39 % | -51.98 % |
Expenses | Rs. 191.09 Cr | Rs. 157.07 Cr | Rs. 77.1 Cr | -50.91 % | -59.65 % |
Operating Profit | Rs. -13.94 Cr | Rs. -77.12 Cr | Rs. 7.96 Cr | + 110.32 % | + 157.1 % |
OPM % | -7.87 % | -96.46 % | 9.36 % | + 105.82 % | + 17.23 % |
Other Income | Rs. 1.143 Cr | Rs. 543.734 Cr | Rs. 0.484 Cr | -99.91 % | -57.66 % |
Interest | Rs. 20.9 Cr | Rs. 5.07 Cr | Rs. 37.88 Cr | + 647.14 % | + 81.24 % |
Depreciation | Rs. 15.49 Cr | Rs. 12.14 Cr | Rs. 9.77 Cr | -19.52 % | -36.93 % |
Profit before tax | Rs. -49.19 Cr | Rs. 449.4 Cr | Rs. -39.21 Cr | -108.72 % | + 20.29 % |
Tax % | -43.83 % | 38.31 % | -69.36 % | -107.67 % | -25.53 % |
Net Profit | Rs. -27.63 Cr | Rs. 277.24 Cr | Rs. -12.01 Cr | -104.33 % | + 56.53 % |
EPS in Rs | Rs. -10.25 | Rs. 84.37 | Rs. -3.86 | -104.58 % | + 62.34 % |
Today, we’re looking at FLEXITUFF VENTURES INTERNATIONAL 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 -51.98 %. However, it did see a marginal increase of 6.39 % from the previous quarter. Expenses decreased slightly by -50.91 % quarter-on-quarter, aligning with the annual decline of -59.65 %. Operating profit, while up 157.1 % compared to last year, faced a quarter-on-quarter increase of 110.32 %, 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 17.23 %, but an expansion of 105.82 % sequentially. Other income fell by -99.91 % compared to the last quarter, despite an annual decline of -57.66 %. Interest expenses surged remarkably by 647.14 % from the previous quarter, yet the year-over-year increase remains at a moderate 81.24 %. Depreciation costs fell by -19.52 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -36.93 %. Profit before tax grew annually by 20.29 % but saw a reduction from the preceding quarter by -108.72 %.
Tax expenses as a percentage of profits decreased slightly by -25.53 % compared to last year, with a more notable quarter-on-quarter decrease of -107.67 %. Net profit rose by 56.53 % year-on-year but witnessed a -104.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 62.34 % but a quarterly fall of -104.58 %. In summary, FLEXITUFF VENTURES INTERNATIONAL 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. 177.152 Cr | Rs. 79.952 Cr | Rs. 85.061 Cr | + 6.39 % | -51.98 % |
Expenses | Rs. 191.09 Cr | Rs. 157.07 Cr | Rs. 77.1 Cr | -50.91 % | -59.65 % |
Operating Profit | Rs. -13.94 Cr | Rs. -77.12 Cr | Rs. 7.96 Cr | + 110.32 % | + 157.1 % |
Net Profit | Rs. -27.63 Cr | Rs. 277.24 Cr | Rs. -12.01 Cr | -104.33 % | + 56.53 % |
EPS in Rs | Rs. -10.25 | Rs. 84.37 | Rs. -3.86 | -104.58 % | + 62.34 % |
In reviewing FLEXITUFF VENTURES INTERNATIONAL LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -51.98 % year-on-year, however, there was a minor increase of 6.39 % from the previous quarter. Expenses decreased by -59.65 % compared to the previous year, with a decrease of -50.91 % quarter-on-quarter. Operating Profit surged by 157.1 % annually, and saw a 110.32 % increase from the last quarter.
Net Profit showed yearly increase of 56.53 %, and experienced a -104.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 62.34 % annually, however dipped by -104.58 % compared to the last quarter. In essence, while FLEXITUFF VENTURES INTERNATIONAL 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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