NIFTY 50 23415.15 ▲ (0.3%)
NIFTY NEXT 50 65001.65 ▼ (0.16%)
NIFTY 100 24101.2 ▲ (0.22%)
NIFTY MIDCAP 100 55118.45 ▲ (0.02%)
NIFTY SMALLCAP 100 17936.45 ▲ (0.4%)
NIFTY SMALLCAP 250 16918.6 ▲ (0.46%)
NIFTY MIDCAP SELECT 12325.1 ▼ (0.25%)
NIFTY TOTAL MARKET 12335.95 ▲ (0.25%)
NIFTY BANK 49318.85 ▼ (0.06%)
SENSEX 77176.46 ▲ (0.13%)
BSE BANKEX 55964.97 ▼ (0.13%)

FLOMIC GLOBAL LOGISTICS Reports Q2: Revenue Up by 84.01% Year-on-Year

[fetch_key]

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 84.01 % in the past year, substantial increase in net sales/revenue by 23.18 %.
  • 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 162.41 %. Marginal increase in other income during this quarter, up by 280.07%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for FLOMIC GLOBAL LOGISTICS LIMITED. Profit dropped by -149.92 % Year to Year, FLOMIC GLOBAL LOGISTICS LIMITED’s profitability dropped by -310.58 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -150.00 % Year to Year. EPS decreased by -312.9 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of FLOMIC GLOBAL LOGISTICS LIMITED‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 74.187 Cr Rs. 110.823 Cr Rs. 136.509 Cr + 23.18 % + 84.01 %
Expenses Rs. 69.73 Cr Rs. 100.84 Cr Rs. 125.79 Cr + 24.74 % + 80.4 %
Operating Profit Rs. 4.46 Cr Rs. 9.98 Cr Rs. 10.72 Cr + 7.41 % + 140.36 %
OPM % 6.01 % 9.01 % 7.85 % -1.16 % + 1.84 %
Other Income Rs. 0.407 Cr Rs. 0.281 Cr Rs. 1.068 Cr + 280.07 % + 162.41 %
Interest Rs. 2.25 Cr Rs. 3.98 Cr Rs. 3.28 Cr -17.59 % + 45.78 %
Depreciation Rs. 5.12 Cr Rs. 7.02 Cr Rs. 6.89 Cr -1.85 % + 34.57 %
Profit before tax Rs. -2.5 Cr Rs. -0.74 Cr Rs. 1.62 Cr + 318.92 % + 164.8 %
Tax % -4.7 % -22.44 % 25.79 % + 48.23 % + 30.49 %
Net Profit Rs. -2.39 Cr Rs. -0.57 Cr Rs. 1.19 Cr + 308.77 % + 149.79 %
EPS in Rs Rs. -1.32 Rs. -0.31 Rs. 0.66 + 312.9 % + 150 %


Today, we’re looking at FLOMIC GLOBAL LOGISTICS 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 84.01 %. However, it did see a marginal increase of 23.18 % from the previous quarter. Expenses ticked up slightly by 24.74 % quarter-on-quarter, aligning with the annual rise of 80.4 %. Operating profit, while up 140.36 % compared to last year, faced a quarter-on-quarter increase of 7.41 %, 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 1.84 %, but a shrinkage of -1.16 % sequentially. Other income rose by 280.07 % compared to the last quarter, despite an annual growth of 162.41 %. Interest expenses dropped significantly by -17.59 % from the previous quarter, yet the year-over-year increase remains at a moderate 45.78 %. Depreciation costs fell by -1.85 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 34.57 %. Profit before tax grew annually by 164.8 % but saw an increase from the preceding quarter by 318.92 %.
Tax expenses as a percentage of profits increased slightly by 30.49 % compared to last year, with a more notable quarter-on-quarter increase of 48.23 %. Net profit rose by 149.79 % year-on-year but experienced a 308.77 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 150 % but a quarterly rise of 312.9 %. In summary, FLOMIC GLOBAL LOGISTICS 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. 74.187 Cr Rs. 110.823 Cr Rs. 136.509 Cr + 23.18 % + 84.01 %
Expenses Rs. 69.73 Cr Rs. 100.84 Cr Rs. 125.79 Cr + 24.74 % + 80.4 %
Operating Profit Rs. 4.46 Cr Rs. 9.98 Cr Rs. 10.72 Cr + 7.41 % + 140.36 %
Net Profit Rs. -2.39 Cr Rs. -0.57 Cr Rs. 1.19 Cr + 308.77 % + 149.79 %
EPS in Rs Rs. -1.32 Rs. -0.31 Rs. 0.66 + 312.9 % + 150 %


In reviewing FLOMIC GLOBAL LOGISTICS LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 84.01 % year-on-year growth, however, there was a minor increase of 23.18 % from the previous quarter. Expenses rose by 80.4 % compared to the previous year, with a 24.74 % increase quarter-on-quarter. Operating Profit surged by 140.36 % annually, and saw a 7.41 % increase from the last quarter.
Net Profit showed yearly increase of 149.79 %, and experienced a 308.77 % increase from the previous quarter. Earnings Per Share (EPS) rose by 150 % annually, however rose by 312.9 % compared to the last quarter. In essence, while FLOMIC GLOBAL LOGISTICS 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=”FLOMIC GLOBAL LOGISTICS LIMITED”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post