Share the post "Foods & Inns announces Q2 Report: Revenue Dropped by 28.76% 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 -28.76 % over the year, decrease in net sales/revenue by -31.78 %.
- 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 2257.69 %. Marginal decrease of -38.76% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Foods & Inns Limited. Profit dropped by -16.76 % Year to Year, Foods & Inns Limited’s profitability increased by 59.71 % in this quarter.
- EPS over the Year and quarter: EPS declined by -39.04 % Year to Year. EPS increased by 33.04 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 236.79 Cr | Rs. 247.28 Cr | Rs. 168.699 Cr | -31.78 % | -28.76 % |
Expenses | Rs. 203.94 Cr | Rs. 221.02 Cr | Rs. 145.15 Cr | -34.33 % | -28.83 % |
Operating Profit | Rs. 32.85 Cr | Rs. 26.26 Cr | Rs. 23.55 Cr | -10.32 % | -28.31 % |
OPM % | 13.87 % | 10.62 % | 13.96 % | + 3.34 % | + 0.09 % |
Other Income | Rs. 0.104 Cr | Rs. 4.004 Cr | Rs. 2.452 Cr | -38.76 % | + 2257.69 % |
Interest | Rs. 9.97 Cr | Rs. 14.09 Cr | Rs. 12.82 Cr | -9.01 % | + 28.59 % |
Depreciation | Rs. 4.16 Cr | Rs. 5.06 Cr | Rs. 5.01 Cr | -0.99 % | + 20.43 % |
Profit before tax | Rs. 18.82 Cr | Rs. 11.11 Cr | Rs. 8.17 Cr | -26.46 % | -56.59 % |
Tax % | 28.56 % | 36.75 % | 36.72 % | -0.03 % | + 8.16 % |
Net Profit | Rs. 13.45 Cr | Rs. 7.01 Cr | Rs. 11.19 Cr | + 59.63 % | -16.8 % |
EPS in Rs | Rs. 2.07 | Rs. 1.14 | Rs. 1.52 | + 33.33 % | -26.57 % |
Today, we’re looking at Foods & Inns 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 -28.76 %. However, it did see a marginal slip of -31.78 % from the previous quarter. Expenses decreased slightly by -34.33 % quarter-on-quarter, aligning with the annual decline of -28.83 %. Operating profit, while down -28.31 % compared to last year, faced a quarter-on-quarter dip of -10.32 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.09 %, but an expansion of 3.34 % sequentially. Other income fell by -38.76 % compared to the last quarter, despite an annual growth of 2257.69 %. Interest expenses dropped significantly by -9.01 % from the previous quarter, yet the year-over-year increase remains at a moderate 28.59 %. Depreciation costs fell by -0.99 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.43 %. Profit before tax declined annually by -56.59 % but saw a reduction from the preceding quarter by -26.46 %.
Tax expenses as a percentage of profits increased slightly by 8.16 % compared to last year, with a more notable quarter-on-quarter decrease of -0.03 %. Net profit fell by -16.8 % year-on-year but experienced a 59.63 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -26.57 % but a quarterly rise of 33.33 %. In summary, Foods & Inns 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. 236.79 Cr | Rs. 247.28 Cr | Rs. 168.699 Cr | -31.78 % | -28.76 % |
Expenses | Rs. 203.94 Cr | Rs. 221.02 Cr | Rs. 145.15 Cr | -34.33 % | -28.83 % |
Operating Profit | Rs. 32.85 Cr | Rs. 26.26 Cr | Rs. 23.55 Cr | -10.32 % | -28.31 % |
Net Profit | Rs. 13.45 Cr | Rs. 7.01 Cr | Rs. 11.19 Cr | + 59.63 % | -16.8 % |
EPS in Rs | Rs. 2.07 | Rs. 1.14 | Rs. 1.52 | + 33.33 % | -26.57 % |
In reviewing Foods & Inns Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -28.76 % year-on-year, although there was a slight dip of -31.78 % from the previous quarter. Expenses decreased by -28.83 % compared to the previous year, with a decrease of -34.33 % quarter-on-quarter. Operating Profit dropped by -28.31 % annually, and saw a -10.32 % decrease from the last quarter.
Net Profit showed yearly decrease of -16.8 %, and experienced a 59.63 % increase from the previous quarter. Earnings Per Share (EPS) fell by -26.57 % annually, however rose by 33.33 % compared to the last quarter. In essence, while Foods & Inns Limited faces strong annual decline 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=”Foods & Inns Limited”]