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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 15.07 % in the past year, substantial increase in net sales/revenue by 4.31 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -44.47 %, Marginal decrease of -48.94% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for GRP Limited. Profit dropped by -46.52 % Year to Year, GRP Limited’s profitability dropped by -42.58 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -86.63 % Year to Year. EPS decreased by -85.65 % 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. 114.41 Cr | Rs. 126.201 Cr | Rs. 131.646 Cr | + 4.31 % | + 15.07 % |
Expenses | Rs. 103.33 Cr | Rs. 113.43 Cr | Rs. 121.85 Cr | + 7.42 % | + 17.92 % |
Operating Profit | Rs. 11.08 Cr | Rs. 12.77 Cr | Rs. 9.8 Cr | -23.26 % | -11.55 % |
OPM % | 9.68 % | 10.12 % | 7.44 % | -2.68 % | -2.24 % |
Other Income | Rs. 0.434 Cr | Rs. 0.472 Cr | Rs. 0.241 Cr | -48.94 % | -44.47 % |
Interest | Rs. 1.88 Cr | Rs. 2.1 Cr | Rs. 2.18 Cr | + 3.81 % | + 15.96 % |
Depreciation | Rs. 2.98 Cr | Rs. 3.83 Cr | Rs. 3.97 Cr | + 3.66 % | + 33.22 % |
Profit before tax | Rs. 6.65 Cr | Rs. 7.31 Cr | Rs. 3.89 Cr | -46.79 % | -41.5 % |
Tax % | 29.46 % | 40.29 % | 35.6 % | -4.69 % | + 6.14 % |
Net Profit | Rs. 4.69 Cr | Rs. 4.37 Cr | Rs. 2.51 Cr | -42.56 % | -46.48 % |
EPS in Rs | Rs. 35.16 | Rs. 32.75 | Rs. 4.7 | -85.65 % | -86.63 % |
Today, we’re looking at GRP 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 15.07 %. However, it did see a marginal increase of 4.31 % from the previous quarter. Expenses ticked up slightly by 7.42 % quarter-on-quarter, aligning with the annual rise of 17.92 %. Operating profit, while down -11.55 % compared to last year, faced a quarter-on-quarter dip of -23.26 %, 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 -2.24 %, but a shrinkage of -2.68 % sequentially. Other income fell by -48.94 % compared to the last quarter, despite an annual decline of -44.47 %. Interest expenses surged remarkably by 3.81 % from the previous quarter, yet the year-over-year increase remains at a moderate 15.96 %. Depreciation costs climbed by 3.66 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.22 %. Profit before tax declined annually by -41.5 % but saw a reduction from the preceding quarter by -46.79 %.
Tax expenses as a percentage of profits increased slightly by 6.14 % compared to last year, with a more notable quarter-on-quarter decrease of -4.69 %. Net profit fell by -46.48 % year-on-year but witnessed a -42.56 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -86.63 % but a quarterly fall of -85.65 %. In summary, GRP 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. 114.41 Cr | Rs. 126.201 Cr | Rs. 131.646 Cr | + 4.31 % | + 15.07 % |
Expenses | Rs. 103.33 Cr | Rs. 113.43 Cr | Rs. 121.85 Cr | + 7.42 % | + 17.92 % |
Operating Profit | Rs. 11.08 Cr | Rs. 12.77 Cr | Rs. 9.8 Cr | -23.26 % | -11.55 % |
Net Profit | Rs. 4.69 Cr | Rs. 4.37 Cr | Rs. 2.51 Cr | -42.56 % | -46.48 % |
EPS in Rs | Rs. 35.16 | Rs. 32.75 | Rs. 4.7 | -85.65 % | -86.63 % |
In reviewing GRP Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 15.07 % year-on-year growth, however, there was a minor increase of 4.31 % from the previous quarter. Expenses rose by 17.92 % compared to the previous year, with a 7.42 % increase quarter-on-quarter. Operating Profit dropped by -11.55 % annually, and saw a -23.26 % decrease from the last quarter.
Net Profit showed yearly decrease of -46.48 %, and experienced a -42.56 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -86.63 % annually, however dipped by -85.65 % compared to the last quarter. In essence, while GRP 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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