Share the post "Fusion Finance ‘s Q2 Results: Profit Drops by 342.69% YoY"
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 26.51 % in the past year, substantial increase in net sales/revenue by 0.47 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -50.61 %, Marginal decrease of -33.77% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Fusion Finance Limited. Profit dropped by -342.69 % Year to Year, Fusion Finance Limited’s profitability increased by 756.37 % in this quarter.
- EPS over the Year and quarter: EPS declined by -342.09 % Year to Year. EPS increased by 756.21 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 546.64 Cr | Rs. 688.32 Cr | Rs. 691.55 Cr | + 0.47 % | + 26.51 % |
Expenses | Rs. 212.57 Cr | Rs. 531.63 Cr | Rs. 883.71 Cr | + 66.23 % | + 315.73 % |
Operating Profit | Rs. 334.07 Cr | Rs. 156.69 Cr | Rs. -192.16 Cr | -222.64 % | -157.52 % |
OPM % | 61.11 % | 22.76 % | -27.79 % | -50.55 % | -88.9 % |
Other Income | Rs. 24.62 Cr | Rs. 18.36 Cr | Rs. 12.16 Cr | -33.77 % | -50.61 % |
Interest | Rs. 191.01 Cr | Rs. 223.41 Cr | Rs. 227.36 Cr | + 1.77 % | + 19.03 % |
Depreciation | Rs. 2.09 Cr | Rs. 2.36 Cr | Rs. 2.85 Cr | + 20.76 % | + 36.36 % |
Profit before tax | Rs. 165.59 Cr | Rs. -50.72 Cr | Rs. -410.21 Cr | -708.77 % | -347.73 % |
Tax % | 24.1 % | -29.77 % | -25.64 % | + 4.13 % | -49.74 % |
Net Profit | Rs. 125.69 Cr | Rs. -35.62 Cr | Rs. -305.04 Cr | -756.37 % | -342.69 % |
EPS in Rs | Rs. 12.43 | Rs. -3.53 | Rs. -30.31 | -758.64 % | -343.85 % |
Today, we’re looking at Fusion Finance 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 26.51 %. However, it did see a marginal increase of 0.47 % from the previous quarter. Expenses ticked up slightly by 66.23 % quarter-on-quarter, aligning with the annual rise of 315.73 %. Operating profit, while down -157.52 % compared to last year, faced a quarter-on-quarter dip of -222.64 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -88.9 %, but a shrinkage of -50.55 % sequentially. Other income fell by -33.77 % compared to the last quarter, despite an annual decline of -50.61 %. Interest expenses surged remarkably by 1.77 % from the previous quarter, yet the year-over-year increase remains at a moderate 19.03 %. Depreciation costs climbed by 20.76 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 36.36 %. Profit before tax declined annually by -347.73 % but saw a reduction from the preceding quarter by -708.77 %.
Tax expenses as a percentage of profits decreased slightly by -49.74 % compared to last year, with a more notable quarter-on-quarter increase of 4.13 %. Net profit fell by -342.69 % year-on-year but witnessed a -756.37 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -343.85 % but a quarterly fall of -758.64 %. In summary, Fusion Finance 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. 546.64 Cr | Rs. 688.32 Cr | Rs. 691.55 Cr | + 0.47 % | + 26.51 % |
Expenses | Rs. 212.57 Cr | Rs. 531.63 Cr | Rs. 883.71 Cr | + 66.23 % | + 315.73 % |
Operating Profit | Rs. 334.07 Cr | Rs. 156.69 Cr | Rs. -192.16 Cr | -222.64 % | -157.52 % |
Net Profit | Rs. 125.69 Cr | Rs. -35.62 Cr | Rs. -305.04 Cr | -756.37 % | -342.69 % |
EPS in Rs | Rs. 12.43 | Rs. -3.53 | Rs. -30.31 | -758.64 % | -343.85 % |
In reviewing Fusion Finance Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 26.51 % year-on-year growth, however, there was a minor increase of 0.47 % from the previous quarter. Expenses rose by 315.73 % compared to the previous year, with a 66.23 % increase quarter-on-quarter. Operating Profit dropped by -157.52 % annually, and saw a -222.64 % decrease from the last quarter.
Net Profit showed yearly decrease of -342.69 %, and experienced a -756.37 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -343.85 % annually, however dipped by -758.64 % compared to the last quarter. In essence, while Fusion Finance Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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