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Share the post "Goldstone Technologies ‘s Latest Q2 Report: Profit Up by 5065% 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’s sales declined by -19.14 % over the year, substantial increase in net sales/revenue by 13.42 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 6450.41 %. Marginal increase in other income during this quarter, up by 5031.85%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Goldstone Technologies Ltd.. Profit dropped by -5042.29 % Year to Year, Goldstone Technologies Ltd.’s profitability dropped by -3128.66 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -4,883.33 % Year to Year. EPS decreased by -2970 % 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. 24.969 Cr | Rs. 17.802 Cr | Rs. 20.191 Cr | + 13.42 % | -19.14 % |
| Expenses | Rs. 24.81 Cr | Rs. 17.33 Cr | Rs. 23.43 Cr | + 35.2 % | -5.56 % |
| Operating Profit | Rs. 0.16 Cr | Rs. 0.47 Cr | Rs. -3.24 Cr | -789.36 % | -2125 % |
| OPM % | 0.64 % | 2.64 % | -16.05 % | -18.69 % | -16.69 % |
| Other Income | Rs. 0.246 Cr | Rs. 0.314 Cr | Rs. 16.114 Cr | + 5031.85 % | + 6450.41 % |
| Interest | Rs. 0.23 Cr | Rs. 0.31 Cr | Rs. 0.39 Cr | + 25.81 % | + 69.57 % |
| Depreciation | Rs. 0.34 Cr | Rs. 0.6 Cr | Rs. 0.6 Cr | + 0 % | + 76.47 % |
| Profit before tax | Rs. -0.16 Cr | Rs. -0.13 Cr | Rs. 11.88 Cr | + 9238.46 % | + 7525 % |
| Tax % | -20.36 % | -166.67 % | 16.48 % | + 183.15 % | + 36.84 % |
| Net Profit | Rs. -0.2 Cr | Rs. -0.33 Cr | Rs. 9.93 Cr | + 3109.09 % | + 5065 % |
| EPS in Rs | Rs. -0.06 | Rs. -0.1 | Rs. 2.87 | + 2970 % | + 4883.33 % |
Today, we’re looking at Goldstone Technologies Ltd.’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 -19.14 %. However, it did see a marginal increase of 13.42 % from the previous quarter. Expenses ticked up slightly by 35.2 % quarter-on-quarter, aligning with the annual decline of -5.56 %. Operating profit, while down -2125 % compared to last year, faced a quarter-on-quarter dip of -789.36 %, 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 -16.69 %, but a shrinkage of -18.69 % sequentially. Other income rose by 5031.85 % compared to the last quarter, despite an annual growth of 6450.41 %. Interest expenses surged remarkably by 25.81 % from the previous quarter, yet the year-over-year increase remains at a moderate 69.57 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 76.47 %. Profit before tax grew annually by 7525 % but saw an increase from the preceding quarter by 9238.46 %.
Tax expenses as a percentage of profits increased slightly by 36.84 % compared to last year, with a more notable quarter-on-quarter increase of 183.15 %. Net profit rose by 5065 % year-on-year but experienced a 3109.09 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 4883.33 % but a quarterly rise of 2970 %. In summary, Goldstone Technologies 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. 24.969 Cr | Rs. 17.802 Cr | Rs. 20.191 Cr | + 13.42 % | -19.14 % |
| Expenses | Rs. 24.81 Cr | Rs. 17.33 Cr | Rs. 23.43 Cr | + 35.2 % | -5.56 % |
| Operating Profit | Rs. 0.16 Cr | Rs. 0.47 Cr | Rs. -3.24 Cr | -789.36 % | -2125 % |
| Net Profit | Rs. -0.2 Cr | Rs. -0.33 Cr | Rs. 9.93 Cr | + 3109.09 % | + 5065 % |
| EPS in Rs | Rs. -0.06 | Rs. -0.1 | Rs. 2.87 | + 2970 % | + 4883.33 % |
In reviewing Goldstone Technologies Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -19.14 % year-on-year, however, there was a minor increase of 13.42 % from the previous quarter. Expenses decreased by -5.56 % compared to the previous year, with a 35.2 % increase quarter-on-quarter. Operating Profit dropped by -2125 % annually, and saw a -789.36 % decrease from the last quarter.
Net Profit showed yearly increase of 5065 %, and experienced a 3109.09 % increase from the previous quarter. Earnings Per Share (EPS) rose by 4883.33 % annually, however rose by 2970 % compared to the last quarter. In essence, while Goldstone Technologies 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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