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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -3 % over the year, substantial increase in net sales/revenue by 0 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Golden Carpets Limited.. Profit dropped by -65.12 % Year to Year, Golden Carpets Limited.’s profitability dropped by -61.54 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -71.43 % Year to Year. EPS decreased by -66.67 % 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. 0.2 Cr | Rs. 0.194 Cr | Rs. 0.194 Cr | + 0 % | -3 % |
Expenses | Rs. 0.22 Cr | Rs. 0.2 Cr | Rs. 0.17 Cr | -15 % | -22.73 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.01 Cr | Rs. 0.02 Cr | + 300 % | + 200 % |
OPM % | -10 % | -5.15 % | 10.31 % | + 15.46 % | + 20.31 % |
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. 0.03 Cr | Rs. 0.04 Cr | Rs. 0.04 Cr | + 0 % | + 33.33 % |
Profit before tax | Rs. -0.05 Cr | Rs. -0.05 Cr | Rs. -0.02 Cr | + 60 % | + 60 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. -0.02 Cr | + 50 % | + 50 % |
EPS in Rs | Rs. -0.07 | Rs. -0.6 | Rs. -0.02 | + 96.67 % | + 71.43 % |
Today, we’re looking at Golden Carpets Limited.’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -3 %. However, it did see a marginal increase of 0 % from the previous quarter. Expenses decreased slightly by -15 % quarter-on-quarter, aligning with the annual decline of -22.73 %. Operating profit, while up 200 % compared to last year, faced a quarter-on-quarter increase of 300 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 20.31 %, but an expansion of 15.46 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.33 %. Profit before tax grew annually by 60 % but saw an increase from the preceding quarter by 60 %.
Net profit rose by 50 % year-on-year but experienced a 50 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 71.43 % but a quarterly rise of 96.67 %. In summary, Golden Carpets 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. 0.2 Cr | Rs. 0.194 Cr | Rs. 0.194 Cr | + 0 % | -3 % |
Expenses | Rs. 0.22 Cr | Rs. 0.2 Cr | Rs. 0.17 Cr | -15 % | -22.73 % |
Operating Profit | Rs. -0.02 Cr | Rs. -0.01 Cr | Rs. 0.02 Cr | + 300 % | + 200 % |
Net Profit | Rs. -0.04 Cr | Rs. -0.04 Cr | Rs. -0.02 Cr | + 50 % | + 50 % |
EPS in Rs | Rs. -0.07 | Rs. -0.6 | Rs. -0.02 | + 96.67 % | + 71.43 % |
In reviewing Golden Carpets Limited.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -3 % year-on-year, however, there was a minor increase of 0 % from the previous quarter. Expenses decreased by -22.73 % compared to the previous year, with a decrease of -15 % quarter-on-quarter. Operating Profit surged by 200 % annually, and saw a 300 % increase from the last quarter.
Net Profit showed yearly increase of 50 %, and experienced a 50 % increase from the previous quarter. Earnings Per Share (EPS) rose by 71.43 % annually, however rose by 96.67 % compared to the last quarter. In essence, while Golden Carpets 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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