Share the post "Hatsun Agro Product ‘s Q2 Results: Profit Drops by 17.08% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 8.75 % in the past year, decrease in net sales/revenue by -12.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -53.12 %, Marginal increase in other income during this quarter, up by 205.07%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Hatsun Agro Product Limited. Profit dropped by -17.09 % Year to Year, Hatsun Agro Product Limited’s profitability dropped by -50.73 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -16.95 % Year to Year. EPS decreased by -50.68 % 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. 1905.403 Cr | Rs. 2375.06 Cr | Rs. 2072.1 Cr | -12.76 % | + 8.75 % |
Expenses | Rs. 1686.59 Cr | Rs. 2044.75 Cr | Rs. 1830.96 Cr | -10.46 % | + 8.56 % |
Operating Profit | Rs. 218.81 Cr | Rs. 330.31 Cr | Rs. 241.14 Cr | -27 % | + 10.21 % |
OPM % | 11.48 % | 13.91 % | 11.64 % | -2.27 % | + 0.16 % |
Other Income | Rs. 14.122 Cr | Rs. 2.17 Cr | Rs. 6.62 Cr | + 205.07 % | -53.12 % |
Interest | Rs. 32.16 Cr | Rs. 45.86 Cr | Rs. 44.7 Cr | -2.53 % | + 38.99 % |
Depreciation | Rs. 99.52 Cr | Rs. 111.04 Cr | Rs. 115.56 Cr | + 4.07 % | + 16.12 % |
Profit before tax | Rs. 101.25 Cr | Rs. 175.58 Cr | Rs. 87.5 Cr | -50.17 % | -13.58 % |
Tax % | 23.39 % | 25.65 % | 26.49 % | + 0.84 % | + 3.1 % |
Net Profit | Rs. 77.57 Cr | Rs. 130.54 Cr | Rs. 64.32 Cr | -50.73 % | -17.08 % |
EPS in Rs | Rs. 3.48 | Rs. 5.86 | Rs. 2.89 | -50.68 % | -16.95 % |
Today, we’re looking at Hatsun Agro Product 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 8.75 %. However, it did see a marginal slip of -12.76 % from the previous quarter. Expenses decreased slightly by -10.46 % quarter-on-quarter, aligning with the annual rise of 8.56 %. Operating profit, while up 10.21 % compared to last year, faced a quarter-on-quarter dip of -27 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.16 %, but a shrinkage of -2.27 % sequentially. Other income rose by 205.07 % compared to the last quarter, despite an annual decline of -53.12 %. Interest expenses dropped significantly by -2.53 % from the previous quarter, yet the year-over-year increase remains at a moderate 38.99 %. Depreciation costs climbed by 4.07 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 16.12 %. Profit before tax declined annually by -13.58 % but saw a reduction from the preceding quarter by -50.17 %.
Tax expenses as a percentage of profits increased slightly by 3.1 % compared to last year, with a more notable quarter-on-quarter increase of 0.84 %. Net profit fell by -17.08 % year-on-year but witnessed a -50.73 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -16.95 % but a quarterly fall of -50.68 %. In summary, Hatsun Agro Product 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. 1905.403 Cr | Rs. 2375.06 Cr | Rs. 2072.1 Cr | -12.76 % | + 8.75 % |
Expenses | Rs. 1686.59 Cr | Rs. 2044.75 Cr | Rs. 1830.96 Cr | -10.46 % | + 8.56 % |
Operating Profit | Rs. 218.81 Cr | Rs. 330.31 Cr | Rs. 241.14 Cr | -27 % | + 10.21 % |
Net Profit | Rs. 77.57 Cr | Rs. 130.54 Cr | Rs. 64.32 Cr | -50.73 % | -17.08 % |
EPS in Rs | Rs. 3.48 | Rs. 5.86 | Rs. 2.89 | -50.68 % | -16.95 % |
In reviewing Hatsun Agro Product Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.75 % year-on-year growth, although there was a slight dip of -12.76 % from the previous quarter. Expenses rose by 8.56 % compared to the previous year, with a decrease of -10.46 % quarter-on-quarter. Operating Profit surged by 10.21 % annually, and saw a -27 % decrease from the last quarter.
Net Profit showed yearly decrease of -17.08 %, and experienced a -50.73 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -16.95 % annually, however dipped by -50.68 % compared to the last quarter. In essence, while Hatsun Agro Product 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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