Share the post "IMEC SERVICES announces Q2 results: Profit Rises by 202.13% 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 -23.23 % over the year, substantial increase in net sales/revenue by 74.44 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for IMEC SERVICES LIMITED. Profit dropped by -201.48 % Year to Year, IMEC SERVICES LIMITED’s profitability dropped by -206.68 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -201.61 % Year to Year. EPS decreased by -206.78 % 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. 1.511 Cr | Rs. 0.665 Cr | Rs. 1.16 Cr | + 74.44 % | -23.23 % |
Expenses | Rs. 2 Cr | Rs. 1.31 Cr | Rs. 0.67 Cr | -48.85 % | -66.5 % |
Operating Profit | Rs. -0.49 Cr | Rs. -0.65 Cr | Rs. 0.49 Cr | + 175.38 % | + 200 % |
OPM % | -32.43 % | -97.74 % | 42.24 % | + 139.98 % | + 74.67 % |
Other Income | Rs. 0.022 Cr | Rs. 0.201 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.48 Cr | Rs. -0.46 Cr | Rs. 0.48 Cr | + 204.35 % | + 200 % |
Tax % | -0 % | -0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. -0.47 Cr | Rs. -0.45 Cr | Rs. 0.48 Cr | + 206.67 % | + 202.13 % |
EPS in Rs | Rs. -2.48 | Rs. -2.36 | Rs. 2.52 | + 206.78 % | + 201.61 % |
Today, we’re looking at IMEC SERVICES LIMITED’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 -23.23 %. However, it did see a marginal increase of 74.44 % from the previous quarter. Expenses decreased slightly by -48.85 % quarter-on-quarter, aligning with the annual decline of -66.5 %. Operating profit, while up 200 % compared to last year, faced a quarter-on-quarter increase of 175.38 %, 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 74.67 %, but an expansion of 139.98 % sequentially. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 200 % but saw an increase from the preceding quarter by 204.35 %.
Net profit rose by 202.13 % year-on-year but experienced a 206.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 201.61 % but a quarterly rise of 206.78 %. In summary, IMEC SERVICES 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. 1.511 Cr | Rs. 0.665 Cr | Rs. 1.16 Cr | + 74.44 % | -23.23 % |
Expenses | Rs. 2 Cr | Rs. 1.31 Cr | Rs. 0.67 Cr | -48.85 % | -66.5 % |
Operating Profit | Rs. -0.49 Cr | Rs. -0.65 Cr | Rs. 0.49 Cr | + 175.38 % | + 200 % |
Net Profit | Rs. -0.47 Cr | Rs. -0.45 Cr | Rs. 0.48 Cr | + 206.67 % | + 202.13 % |
EPS in Rs | Rs. -2.48 | Rs. -2.36 | Rs. 2.52 | + 206.78 % | + 201.61 % |
In reviewing IMEC SERVICES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -23.23 % year-on-year, however, there was a minor increase of 74.44 % from the previous quarter. Expenses decreased by -66.5 % compared to the previous year, with a decrease of -48.85 % quarter-on-quarter. Operating Profit surged by 200 % annually, and saw a 175.38 % increase from the last quarter.
Net Profit showed yearly increase of 202.13 %, and experienced a 206.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 201.61 % annually, however rose by 206.78 % compared to the last quarter. In essence, while IMEC SERVICES LIMITED exhibits strong annual growth 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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