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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.
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.
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