Share the post "Hisar Spinning Mills ‘s Q2 Report: Revenue Rises by 8.47% 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 8.47 % in the past year, substantial increase in net sales/revenue by 14.16 %.
- 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 400 %. Marginal increase in other income during this quarter, up by 71.43%.
- Profit over the Year and quarter: Significant improvement in profitability for Hisar Spinning Mills Ltd. Notable increase of 501.59 % in net profit Year to Year, Hisar Spinning Mills Ltd’s profitability dropped by -41.96 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 494.12 % Year to Year. EPS decreased by -42.29 % 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. 10.839 Cr | Rs. 10.299 Cr | Rs. 11.757 Cr | + 14.16 % | + 8.47 % |
Expenses | Rs. 10.2 Cr | Rs. 9.06 Cr | Rs. 10.94 Cr | + 20.75 % | + 7.25 % |
Operating Profit | Rs. 0.64 Cr | Rs. 1.24 Cr | Rs. 0.82 Cr | -33.87 % | + 28.13 % |
OPM % | 5.9 % | 12.04 % | 6.97 % | -5.07 % | + 1.07 % |
Other Income | Rs. 0.012 Cr | Rs. 0.035 Cr | Rs. 0.06 Cr | + 71.43 % | + 400 % |
Interest | Rs. 0.06 Cr | Rs. 0.07 Cr | Rs. 0.08 Cr | + 14.29 % | + 33.33 % |
Depreciation | Rs. 0.43 Cr | Rs. 0.29 Cr | Rs. 0.29 Cr | + 0 % | -32.56 % |
Profit before tax | Rs. 0.16 Cr | Rs. 0.92 Cr | Rs. 0.51 Cr | -44.57 % | + 218.75 % |
Tax % | 62.94 % | 28.45 % | 25.44 % | -3.01 % | -37.5 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.65 Cr | Rs. 0.38 Cr | -41.54 % | + 533.33 % |
EPS in Rs | Rs. 0.17 | Rs. 1.75 | Rs. 1.01 | -42.29 % | + 494.12 % |
Today, we’re looking at Hisar Spinning Mills Ltd’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 8.47 %. However, it did see a marginal increase of 14.16 % from the previous quarter. Expenses ticked up slightly by 20.75 % quarter-on-quarter, aligning with the annual rise of 7.25 %. Operating profit, while up 28.13 % compared to last year, faced a quarter-on-quarter dip of -33.87 %, 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 1.07 %, but a shrinkage of -5.07 % sequentially. Other income rose by 71.43 % compared to the last quarter, despite an annual growth of 400 %. Interest expenses surged remarkably by 14.29 % from the previous quarter, yet the year-over-year increase remains at a moderate 33.33 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -32.56 %. Profit before tax grew annually by 218.75 % but saw a reduction from the preceding quarter by -44.57 %.
Tax expenses as a percentage of profits decreased slightly by -37.5 % compared to last year, with a more notable quarter-on-quarter decrease of -3.01 %. Net profit rose by 533.33 % year-on-year but witnessed a -41.54 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 494.12 % but a quarterly fall of -42.29 %. In summary, Hisar Spinning 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. 10.839 Cr | Rs. 10.299 Cr | Rs. 11.757 Cr | + 14.16 % | + 8.47 % |
Expenses | Rs. 10.2 Cr | Rs. 9.06 Cr | Rs. 10.94 Cr | + 20.75 % | + 7.25 % |
Operating Profit | Rs. 0.64 Cr | Rs. 1.24 Cr | Rs. 0.82 Cr | -33.87 % | + 28.13 % |
Net Profit | Rs. 0.06 Cr | Rs. 0.65 Cr | Rs. 0.38 Cr | -41.54 % | + 533.33 % |
EPS in Rs | Rs. 0.17 | Rs. 1.75 | Rs. 1.01 | -42.29 % | + 494.12 % |
In reviewing Hisar Spinning Mills Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.47 % year-on-year growth, however, there was a minor increase of 14.16 % from the previous quarter. Expenses rose by 7.25 % compared to the previous year, with a 20.75 % increase quarter-on-quarter. Operating Profit surged by 28.13 % annually, and saw a -33.87 % decrease from the last quarter.
Net Profit showed yearly increase of 533.33 %, and experienced a -41.54 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 494.12 % annually, however dipped by -42.29 % compared to the last quarter. In essence, while Hisar Spinning Mills Ltd exhibits strong annual growth 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=”Hisar Spinning Mills Ltd”]