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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.
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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