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Share the post "GARMENT MANTRA LIFESTYLE Reports Q2: Revenue Up by 4.56% Year-on-Year"
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 4.56 % in the past year, decrease in net sales/revenue by -14.94 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40 %, Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Significant improvement in profitability for GARMENT MANTRA LIFESTYLE LIMITED. Notable increase of 67.48 % in net profit Year to Year, GARMENT MANTRA LIFESTYLE LIMITED’s profitability dropped by -2.56 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 75.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 33.105 Cr | Rs. 40.694 Cr | Rs. 34.614 Cr | -14.94 % | + 4.56 % |
| Expenses | Rs. 31.46 Cr | Rs. 38.44 Cr | Rs. 32.52 Cr | -15.4 % | + 3.37 % |
| Operating Profit | Rs. 1.65 Cr | Rs. 2.25 Cr | Rs. 2.09 Cr | -7.11 % | + 26.67 % |
| OPM % | 4.98 % | 5.53 % | 6.04 % | + 0.51 % | + 1.06 % |
| Other Income | Rs. 0.005 Cr | Rs. 0.003 Cr | Rs. 0.003 Cr | + 0 % | -40 % |
| Interest | Rs. 0.93 Cr | Rs. 1.13 Cr | Rs. 0.8 Cr | -29.2 % | -13.98 % |
| Depreciation | Rs. 0.17 Cr | Rs. 0.18 Cr | Rs. 0.18 Cr | + 0 % | + 5.88 % |
| Profit before tax | Rs. 0.56 Cr | Rs. 0.94 Cr | Rs. 1.11 Cr | + 18.09 % | + 98.21 % |
| Tax % | 26.83 % | 26 % | 38.78 % | + 12.78 % | + 11.95 % |
| Net Profit | Rs. 0.41 Cr | Rs. 0.7 Cr | Rs. 0.69 Cr | -1.43 % | + 68.29 % |
| EPS in Rs | Rs. 0.04 | Rs. 0.07 | Rs. 0.07 | + 0 % | + 75 % |
Today, we’re looking at GARMENT MANTRA LIFESTYLE 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 4.56 %. However, it did see a marginal slip of -14.94 % from the previous quarter. Expenses decreased slightly by -15.4 % quarter-on-quarter, aligning with the annual rise of 3.37 %. Operating profit, while up 26.67 % compared to last year, faced a quarter-on-quarter dip of -7.11 %, 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 1.06 %, but an expansion of 0.51 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual decline of -40 %. Interest expenses dropped significantly by -29.2 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.98 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 5.88 %. Profit before tax grew annually by 98.21 % but saw an increase from the preceding quarter by 18.09 %.
Tax expenses as a percentage of profits increased slightly by 11.95 % compared to last year, with a more notable quarter-on-quarter increase of 12.78 %. Net profit rose by 68.29 % year-on-year but witnessed a -1.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 75 % but a quarterly rise of 0 %. In summary, GARMENT MANTRA LIFESTYLE 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. 33.105 Cr | Rs. 40.694 Cr | Rs. 34.614 Cr | -14.94 % | + 4.56 % |
| Expenses | Rs. 31.46 Cr | Rs. 38.44 Cr | Rs. 32.52 Cr | -15.4 % | + 3.37 % |
| Operating Profit | Rs. 1.65 Cr | Rs. 2.25 Cr | Rs. 2.09 Cr | -7.11 % | + 26.67 % |
| Net Profit | Rs. 0.41 Cr | Rs. 0.7 Cr | Rs. 0.69 Cr | -1.43 % | + 68.29 % |
| EPS in Rs | Rs. 0.04 | Rs. 0.07 | Rs. 0.07 | + 0 % | + 75 % |
In reviewing GARMENT MANTRA LIFESTYLE LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.56 % year-on-year growth, although there was a slight dip of -14.94 % from the previous quarter. Expenses rose by 3.37 % compared to the previous year, with a decrease of -15.4 % quarter-on-quarter. Operating Profit surged by 26.67 % annually, and saw a -7.11 % decrease from the last quarter.
Net Profit showed yearly increase of 68.29 %, and experienced a -1.43 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 75 % annually, however rose by 0 % compared to the last quarter. In essence, while GARMENT MANTRA LIFESTYLE 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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