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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 6.04 % in the past year, decrease in net sales/revenue by -1.57 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -49.36 %, Marginal decrease of -45.63% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ikio Lighting Limited. Profit dropped by -29.18 % Year to Year, Ikio Lighting Limited’s profitability increased by 4.45 % in this quarter.
- EPS over the Year and quarter: EPS declined by -29.24 % Year to Year. EPS increased by 4.37 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 117.919 Cr | Rs. 127.038 Cr | Rs. 125.038 Cr | -1.57 % | + 6.04 % |
Expenses | Rs. 91.19 Cr | Rs. 110.33 Cr | Rs. 102.82 Cr | -6.81 % | + 12.75 % |
Operating Profit | Rs. 26.73 Cr | Rs. 16.71 Cr | Rs. 22.22 Cr | + 32.97 % | -16.87 % |
OPM % | 22.67 % | 13.15 % | 17.77 % | + 4.62 % | -4.9 % |
Other Income | Rs. 6.173 Cr | Rs. 5.749 Cr | Rs. 3.126 Cr | -45.63 % | -49.36 % |
Interest | Rs. 3.18 Cr | Rs. 2.09 Cr | Rs. 2.31 Cr | + 10.53 % | -27.36 % |
Depreciation | Rs. 3.65 Cr | Rs. 4.64 Cr | Rs. 6.52 Cr | + 40.52 % | + 78.63 % |
Profit before tax | Rs. 26.07 Cr | Rs. 15.73 Cr | Rs. 16.52 Cr | + 5.02 % | -36.63 % |
Tax % | 30.01 % | 21.34 % | 21.77 % | + 0.43 % | -8.24 % |
Net Profit | Rs. 18.24 Cr | Rs. 12.37 Cr | Rs. 12.92 Cr | + 4.45 % | -29.17 % |
EPS in Rs | Rs. 2.36 | Rs. 1.6 | Rs. 1.67 | + 4.37 % | -29.24 % |
Today, we’re looking at Ikio Lighting 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 6.04 %. However, it did see a marginal slip of -1.57 % from the previous quarter. Expenses decreased slightly by -6.81 % quarter-on-quarter, aligning with the annual rise of 12.75 %. Operating profit, while down -16.87 % compared to last year, faced a quarter-on-quarter increase of 32.97 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -4.9 %, but an expansion of 4.62 % sequentially. Other income fell by -45.63 % compared to the last quarter, despite an annual decline of -49.36 %. Interest expenses surged remarkably by 10.53 % from the previous quarter, yet the year-over-year decrease remains at a moderate -27.36 %. Depreciation costs climbed by 40.52 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 78.63 %. Profit before tax declined annually by -36.63 % but saw an increase from the preceding quarter by 5.02 %.
Tax expenses as a percentage of profits decreased slightly by -8.24 % compared to last year, with a more notable quarter-on-quarter increase of 0.43 %. Net profit fell by -29.17 % year-on-year but experienced a 4.45 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -29.24 % but a quarterly rise of 4.37 %. In summary, Ikio Lighting 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. 117.919 Cr | Rs. 127.038 Cr | Rs. 125.038 Cr | -1.57 % | + 6.04 % |
Expenses | Rs. 91.19 Cr | Rs. 110.33 Cr | Rs. 102.82 Cr | -6.81 % | + 12.75 % |
Operating Profit | Rs. 26.73 Cr | Rs. 16.71 Cr | Rs. 22.22 Cr | + 32.97 % | -16.87 % |
Net Profit | Rs. 18.24 Cr | Rs. 12.37 Cr | Rs. 12.92 Cr | + 4.45 % | -29.17 % |
EPS in Rs | Rs. 2.36 | Rs. 1.6 | Rs. 1.67 | + 4.37 % | -29.24 % |
In reviewing Ikio Lighting Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.04 % year-on-year growth, although there was a slight dip of -1.57 % from the previous quarter. Expenses rose by 12.75 % compared to the previous year, with a decrease of -6.81 % quarter-on-quarter. Operating Profit dropped by -16.87 % annually, and saw a 32.97 % increase from the last quarter.
Net Profit showed yearly decrease of -29.17 %, and experienced a 4.45 % increase from the previous quarter. Earnings Per Share (EPS) fell by -29.24 % annually, however rose by 4.37 % compared to the last quarter. In essence, while Ikio Lighting Limited faces strong annual decline indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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