NIFTY 50 22795.9 ▼ (0.51%)
NIFTY NEXT 50 60466.8 ▼ (0.94%)
NIFTY 100 23274.05 ▼ (0.59%)
NIFTY MIDCAP 100 50486.2 ▼ (1.32%)
NIFTY SMALLCAP 100 15636.9 ▼ (0.7%)
NIFTY SMALLCAP 250 14683.4 ▼ (0.57%)
NIFTY MIDCAP SELECT 11198.9 ▼ (1.69%)
NIFTY TOTAL MARKET 11634.25 ▼ (0.67%)
NIFTY BANK 48981.2 ▼ (0.72%)
SENSEX 75311.06 ▼ (0.56%)
BSE BANKEX 55718.18 ▼ (0.82%)

Global Surfaces ‘s Q2 Report: Profit Decreases by 284.52% YoY

[fetch_key]

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 16.73 % in the past year, decrease in net sales/revenue by -17.82 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -47.98 %, Marginal increase in other income during this quarter, up by 50.51%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Global Surfaces Limited. Profit dropped by -284.44 % Year to Year, Global Surfaces Limited’s profitability increased by 391.2 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -335.94 % Year to Year. EPS increased by 420.69 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Global Surfaces 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. 40.233 Cr Rs. 57.148 Cr Rs. 46.965 Cr -17.82 % + 16.73 %
Expenses Rs. 33.43 Cr Rs. 49.7 Cr Rs. 45.24 Cr -8.97 % + 35.33 %
Operating Profit Rs. 6.8 Cr Rs. 7.45 Cr Rs. 1.72 Cr -76.91 % -74.71 %
OPM % 16.9 % 13.04 % 3.66 % -9.38 % -13.24 %
Other Income Rs. 2.005 Cr Rs. 0.693 Cr Rs. 1.043 Cr + 50.51 % -47.98 %
Interest Rs. 1.43 Cr Rs. 3.35 Cr Rs. 3.12 Cr -6.87 % + 118.18 %
Depreciation Rs. 1.79 Cr Rs. 4.54 Cr Rs. 4.64 Cr + 2.2 % + 159.22 %
Profit before tax Rs. 5.59 Cr Rs. 0.25 Cr Rs. -5 Cr -2100 % -189.45 %
Tax % 39.86 % 596.85 % -24.33 % -621.18 % -64.19 %
Net Profit Rs. 3.36 Cr Rs. -1.26 Cr Rs. -6.2 Cr -392.06 % -284.52 %
EPS in Rs Rs. 0.64 Rs. -0.29 Rs. -1.51 -420.69 % -335.94 %


Today, we’re looking at Global Surfaces 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 16.73 %. However, it did see a marginal slip of -17.82 % from the previous quarter. Expenses decreased slightly by -8.97 % quarter-on-quarter, aligning with the annual rise of 35.33 %. Operating profit, while down -74.71 % compared to last year, faced a quarter-on-quarter dip of -76.91 %, 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 -13.24 %, but a shrinkage of -9.38 % sequentially. Other income rose by 50.51 % compared to the last quarter, despite an annual decline of -47.98 %. Interest expenses dropped significantly by -6.87 % from the previous quarter, yet the year-over-year increase remains at a moderate 118.18 %. Depreciation costs climbed by 2.2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 159.22 %. Profit before tax declined annually by -189.45 % but saw a reduction from the preceding quarter by -2100 %.
Tax expenses as a percentage of profits decreased slightly by -64.19 % compared to last year, with a more notable quarter-on-quarter decrease of -621.18 %. Net profit fell by -284.52 % year-on-year but witnessed a -392.06 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -335.94 % but a quarterly fall of -420.69 %. In summary, Global Surfaces 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. 40.233 Cr Rs. 57.148 Cr Rs. 46.965 Cr -17.82 % + 16.73 %
Expenses Rs. 33.43 Cr Rs. 49.7 Cr Rs. 45.24 Cr -8.97 % + 35.33 %
Operating Profit Rs. 6.8 Cr Rs. 7.45 Cr Rs. 1.72 Cr -76.91 % -74.71 %
Net Profit Rs. 3.36 Cr Rs. -1.26 Cr Rs. -6.2 Cr -392.06 % -284.52 %
EPS in Rs Rs. 0.64 Rs. -0.29 Rs. -1.51 -420.69 % -335.94 %


In reviewing Global Surfaces Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.73 % year-on-year growth, although there was a slight dip of -17.82 % from the previous quarter. Expenses rose by 35.33 % compared to the previous year, with a decrease of -8.97 % quarter-on-quarter. Operating Profit dropped by -74.71 % annually, and saw a -76.91 % decrease from the last quarter.
Net Profit showed yearly decrease of -284.52 %, and experienced a -392.06 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -335.94 % annually, however dipped by -420.69 % compared to the last quarter. In essence, while Global Surfaces 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.

[my_shortcode1 values=”Global Surfaces Limited”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post