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Igarashi Motors India ‘s Q2 Financial results: Revenue Grows by 21.09% YoY

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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 21.09 % in the past year, decrease in net sales/revenue by -2.7 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -28.35 %, Marginal decrease of -75.89% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Igarashi Motors India Limited. Notable increase of 435.46 % in net profit Year to Year, Igarashi Motors India Limited’s profitability dropped by -4.52 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS increased by 439.13 % Year to Year. EPS decreased by -4.25 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Igarashi Motors India Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 178.442 Cr Rs. 222.071 Cr Rs. 216.074 Cr -2.7 % + 21.09 %
Expenses Rs. 161.12 Cr Rs. 196.75 Cr Rs. 189.79 Cr -3.54 % + 17.79 %
Operating Profit Rs. 17.32 Cr Rs. 25.32 Cr Rs. 26.28 Cr + 3.79 % + 51.73 %
OPM % 9.71 % 11.4 % 12.16 % + 0.76 % + 2.45 %
Other Income Rs. 0.462 Cr Rs. 1.373 Cr Rs. 0.331 Cr -75.89 % -28.35 %
Interest Rs. 3.38 Cr Rs. 3.38 Cr Rs. 3.55 Cr + 5.03 % + 5.03 %
Depreciation Rs. 12.41 Cr Rs. 12.39 Cr Rs. 12.64 Cr + 2.02 % + 1.85 %
Profit before tax Rs. 1.99 Cr Rs. 10.92 Cr Rs. 10.42 Cr -4.58 % + 423.62 %
Tax % 27.09 % 25.29 % 25.27 % -0.02 % -1.82 %
Net Profit Rs. 1.46 Cr Rs. 8.16 Cr Rs. 7.79 Cr -4.53 % + 433.56 %
EPS in Rs Rs. 0.46 Rs. 2.59 Rs. 2.48 -4.25 % + 439.13 %


Today, we’re looking at Igarashi Motors India 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 21.09 %. However, it did see a marginal slip of -2.7 % from the previous quarter. Expenses decreased slightly by -3.54 % quarter-on-quarter, aligning with the annual rise of 17.79 %. Operating profit, while up 51.73 % compared to last year, faced a quarter-on-quarter increase of 3.79 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.45 %, but an expansion of 0.76 % sequentially. Other income fell by -75.89 % compared to the last quarter, despite an annual decline of -28.35 %. Interest expenses surged remarkably by 5.03 % from the previous quarter, yet the year-over-year increase remains at a moderate 5.03 %. Depreciation costs climbed by 2.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.85 %. Profit before tax grew annually by 423.62 % but saw a reduction from the preceding quarter by -4.58 %.
Tax expenses as a percentage of profits decreased slightly by -1.82 % compared to last year, with a more notable quarter-on-quarter decrease of -0.02 %. Net profit rose by 433.56 % year-on-year but witnessed a -4.53 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 439.13 % but a quarterly fall of -4.25 %. In summary, Igarashi Motors India 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. 178.442 Cr Rs. 222.071 Cr Rs. 216.074 Cr -2.7 % + 21.09 %
Expenses Rs. 161.12 Cr Rs. 196.75 Cr Rs. 189.79 Cr -3.54 % + 17.79 %
Operating Profit Rs. 17.32 Cr Rs. 25.32 Cr Rs. 26.28 Cr + 3.79 % + 51.73 %
Net Profit Rs. 1.46 Cr Rs. 8.16 Cr Rs. 7.79 Cr -4.53 % + 433.56 %
EPS in Rs Rs. 0.46 Rs. 2.59 Rs. 2.48 -4.25 % + 439.13 %


In reviewing Igarashi Motors India Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.09 % year-on-year growth, although there was a slight dip of -2.7 % from the previous quarter. Expenses rose by 17.79 % compared to the previous year, with a decrease of -3.54 % quarter-on-quarter. Operating Profit surged by 51.73 % annually, and saw a 3.79 % increase from the last quarter.
Net Profit showed yearly increase of 433.56 %, and experienced a -4.53 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 439.13 % annually, however dipped by -4.25 % compared to the last quarter. In essence, while Igarashi Motors India Limited 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.

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