Share the post "GREAVES COTTON ‘s Q3 2024-25 Latest News: Profit Falls by 85.35% 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 experienced a substantial growth of 12.81 % in the past year, substantial increase in net sales/revenue by 6.42 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -71.08 %, Marginal increase in other income during this quarter, up by 87.87%. 🔹 Profit over the Year and quarter: Challenges in sustaining profitability for GREAVES COTTON LTD.. Profit dropped by -85.35 % Year to Year, GREAVES COTTON LTD.’s profitability dropped by -146.62 % Quarter to Quarter. 🔹 EPS over the Year and quarter: EPS declined by -64.00 % Year to Year. EPS increased by 542.86 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 665.38 Cr | Rs. 705.31 Cr | Rs. 750.6 Cr | + 6.42 % | + 12.81 % |
Expenses | Rs. 630.02 Cr | Rs. 682.28 Cr | Rs. 710.93 Cr | + 4.2 % | + 12.84 % |
Operating Profit | Rs. 35.36 Cr | Rs. 23.03 Cr | Rs. 39.67 Cr | + 72.25 % | + 12.19 % |
OPM % | 5.31 % | 3.27 % | 5.29 % | + 2.02 % | -0.02 % |
Other Income | Rs. 61.58 Cr | Rs. 9.48 Cr | Rs. 17.81 Cr | + 87.87 % | -71.08 % |
Interest | Rs. 2.27 Cr | Rs. 4.27 Cr | Rs. 3.15 Cr | -26.23 % | + 38.77 % |
Depreciation | Rs. 20.33 Cr | Rs. 26.43 Cr | Rs. 25.73 Cr | -2.65 % | + 26.56 % |
Profit before tax | Rs. 74.34 Cr | Rs. 1.81 Cr | Rs. 28.6 Cr | + 1480.11 % | -61.53 % |
Tax % | 38.66 % | 891.71 % | 76.64 % | -815.07 % | + 37.98 % |
Net Profit | Rs. 45.6 Cr | Rs. -14.33 Cr | Rs. 6.68 Cr | + 146.62 % | -85.35 % |
EPS in Rs | Rs. 2.48 | Rs. -0.14 | Rs. 0.89 | + 735.71 % | -64.11 % |
Today, we’re looking at GREAVES COTTON LTD.’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 12.81 %. However, it did see a marginal increase of 6.42 % from the previous quarter. Expenses ticked up slightly by 4.2 % quarter-on-quarter, aligning with the annual rise of 12.84 %. Operating profit, while up 12.19 % compared to last year, faced a quarter-on-quarter increase of 72.25 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.02 %, but an expansion of 2.02 % sequentially. Other income rose by 87.87 % compared to the last quarter, despite an annual decline of -71.08 %. Interest expenses dropped significantly by -26.23 % from the previous quarter, yet the year-over-year increase remains at a moderate 38.77 %. Depreciation costs fell by -2.65 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 26.56 %. Profit before tax declined annually by -61.53 % but saw an increase from the preceding quarter by 1480.11 %.
Tax expenses as a percentage of profits increased slightly by 37.98 % compared to last year, with a more notable quarter-on-quarter decrease of -815.07 %. Net profit fell by -85.35 % year-on-year but experienced a 146.62 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -64.11 % but a quarterly rise of 735.71 %. In summary, GREAVES COTTON 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. 665.38 Cr | Rs. 705.31 Cr | Rs. 750.6 Cr | + 6.42 % | + 12.81 % |
Expenses | Rs. 630.02 Cr | Rs. 682.28 Cr | Rs. 710.93 Cr | + 4.2 % | + 12.84 % |
Operating Profit | Rs. 35.36 Cr | Rs. 23.03 Cr | Rs. 39.67 Cr | + 72.25 % | + 12.19 % |
Net Profit | Rs. 45.6 Cr | Rs. -14.33 Cr | Rs. 6.68 Cr | + 146.62 % | -85.35 % |
EPS in Rs | Rs. 2.48 | Rs. -0.14 | Rs. 0.89 | + 735.71 % | -64.11 % |
In reviewing GREAVES COTTON LTD.’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.81 % year-on-year growth, however, there was a minor increase of 6.42 % from the previous quarter. Expenses rose by 12.84 % compared to the previous year, with a 4.2 % increase quarter-on-quarter. Operating Profit surged by 12.19 % annually, and saw a 72.25 % increase from the last quarter.
Net Profit showed yearly decrease of -85.35 %, and experienced a 146.62 % increase from the previous quarter. Earnings Per Share (EPS) fell by -64.11 % annually, however rose by 735.71 % compared to the last quarter. In essence, while GREAVES COTTON LTD. faces strong annual decline 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.