Share the post "Gem Spinners India announces Q2 results: Profit Rises by 28.57% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Gem Spinners India Ltd. Profit dropped by -32.39 % Year to Year, Gem Spinners India Ltd’s profitability dropped by -61.45 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -50 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.21 Cr | Rs. 0.06 Cr | -71.43 % | -40 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.21 Cr | Rs. -0.06 Cr | + 71.43 % | + 40 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.04 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.14 Cr | Rs. -0.25 Cr | Rs. -0.1 Cr | + 60 % | + 28.57 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.14 Cr | Rs. -0.25 Cr | Rs. -0.1 Cr | + 60 % | + 28.57 % |
EPS in Rs | Rs. -0.02 | Rs. -0.04 | Rs. -0.02 | + 50 % | + 0 % |
Today, we’re looking at Gem Spinners India Ltd’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -71.43 % quarter-on-quarter, aligning with the annual decline of -40 %. Operating profit, while up 40 % compared to last year, faced a quarter-on-quarter increase of 71.43 %, signaling a short-term expansion in margins.
Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 28.57 % but saw an increase from the preceding quarter by 60 %.
Net profit rose by 28.57 % year-on-year but experienced a 60 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 0 % but a quarterly rise of 50 %. In summary, Gem Spinners India Ltd’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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.1 Cr | Rs. 0.21 Cr | Rs. 0.06 Cr | -71.43 % | -40 % |
Operating Profit | Rs. -0.1 Cr | Rs. -0.21 Cr | Rs. -0.06 Cr | + 71.43 % | + 40 % |
Net Profit | Rs. -0.14 Cr | Rs. -0.25 Cr | Rs. -0.1 Cr | + 60 % | + 28.57 % |
EPS in Rs | Rs. -0.02 | Rs. -0.04 | Rs. -0.02 | + 50 % | + 0 % |
In reviewing Gem Spinners India Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -40 % compared to the previous year, with a decrease of -71.43 % quarter-on-quarter. Operating Profit surged by 40 % annually, and saw a 71.43 % increase from the last quarter.
Net Profit showed yearly increase of 28.57 %, and experienced a 60 % increase from the previous quarter. Earnings Per Share (EPS) rose by 0 % annually, however rose by 50 % compared to the last quarter. In essence, while Gem Spinners India Ltd 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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