Share the post "Hindoostan Mills ‘s Q2 Results: Profit Drops by 2652.38% 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’s sales declined by -65.95 % over the year, decrease in net sales/revenue by -48.66 %.
- 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 79.37 %. Marginal decrease of -18.23% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Hindoostan Mills Ltd.. Notable increase of 2639.81 % in net profit Year to Year, Hindoostan Mills Ltd.’s profitability increased by 560.69 % in this quarter.
- EPS over the Year and quarter: EPS increased by 2,634.65 % Year to Year. EPS increased by 560.27 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 23.247 Cr | Rs. 15.417 Cr | Rs. 7.915 Cr | -48.66 % | -65.95 % |
Expenses | Rs. 23.73 Cr | Rs. 17.8 Cr | Rs. 14.9 Cr | -16.29 % | -37.21 % |
Operating Profit | Rs. -0.48 Cr | Rs. -2.38 Cr | Rs. -6.99 Cr | -193.7 % | -1356.25 % |
OPM % | -2.06 % | -15.44 % | -88.31 % | -72.87 % | -86.25 % |
Other Income | Rs. 0.945 Cr | Rs. 2.073 Cr | Rs. 1.695 Cr | -18.23 % | + 79.37 % |
Interest | Rs. 0.18 Cr | Rs. 0.12 Cr | Rs. 0.04 Cr | -66.67 % | -77.78 % |
Depreciation | Rs. 0.49 Cr | Rs. 0.45 Cr | Rs. 0.45 Cr | + 0 % | -8.16 % |
Profit before tax | Rs. -0.21 Cr | Rs. -0.88 Cr | Rs. -5.79 Cr | -557.95 % | -2657.14 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.21 Cr | Rs. -0.88 Cr | Rs. -5.78 Cr | -556.82 % | -2652.38 % |
EPS in Rs | Rs. -1.27 | Rs. -5.26 | Rs. -34.73 | -560.27 % | -2634.65 % |
Today, we’re looking at Hindoostan Mills 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 -65.95 %. However, it did see a marginal slip of -48.66 % from the previous quarter. Expenses decreased slightly by -16.29 % quarter-on-quarter, aligning with the annual decline of -37.21 %. Operating profit, while down -1356.25 % compared to last year, faced a quarter-on-quarter dip of -193.7 %, 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 -86.25 %, but a shrinkage of -72.87 % sequentially. Other income fell by -18.23 % compared to the last quarter, despite an annual growth of 79.37 %. Interest expenses dropped significantly by -66.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -77.78 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.16 %. Profit before tax declined annually by -2657.14 % but saw a reduction from the preceding quarter by -557.95 %.
Net profit fell by -2652.38 % year-on-year but witnessed a -556.82 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -2634.65 % but a quarterly fall of -560.27 %. In summary, Hindoostan Mills 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. 23.247 Cr | Rs. 15.417 Cr | Rs. 7.915 Cr | -48.66 % | -65.95 % |
Expenses | Rs. 23.73 Cr | Rs. 17.8 Cr | Rs. 14.9 Cr | -16.29 % | -37.21 % |
Operating Profit | Rs. -0.48 Cr | Rs. -2.38 Cr | Rs. -6.99 Cr | -193.7 % | -1356.25 % |
Net Profit | Rs. -0.21 Cr | Rs. -0.88 Cr | Rs. -5.78 Cr | -556.82 % | -2652.38 % |
EPS in Rs | Rs. -1.27 | Rs. -5.26 | Rs. -34.73 | -560.27 % | -2634.65 % |
In reviewing Hindoostan Mills Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -65.95 % year-on-year, although there was a slight dip of -48.66 % from the previous quarter. Expenses decreased by -37.21 % compared to the previous year, with a decrease of -16.29 % quarter-on-quarter. Operating Profit dropped by -1356.25 % annually, and saw a -193.7 % decrease from the last quarter.
Net Profit showed yearly decrease of -2652.38 %, and experienced a -556.82 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -2634.65 % annually, however dipped by -560.27 % compared to the last quarter. In essence, while Hindoostan Mills Ltd. 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.
[my_shortcode1 values=”Hindoostan Mills Ltd.”]