Share the post "Incon Engineers ‘s Latest Q2 Report: Profit Up by 15.38% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5.26 %, Marginal decrease of -2.7% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Incon Engineers Ltd.. Profit dropped by -17.16 % Year to Year, Incon Engineers Ltd.’s profitability dropped by -17.16 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -16.13 % Year to Year. EPS decreased by -16.13 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.16 Cr | Rs. 0.16 Cr | Rs. 0.12 Cr | -25 % | -25 % |
Operating Profit | Rs. -0.16 Cr | Rs. -0.16 Cr | Rs. -0.12 Cr | + 25 % | + 25 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.038 Cr | Rs. 0.037 Cr | Rs. 0.036 Cr | -2.7 % | -5.26 % |
Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.02 Cr | + 100 % | + 100 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.14 Cr | Rs. -0.14 Cr | Rs. -0.11 Cr | + 21.43 % | + 21.43 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.13 Cr | Rs. -0.13 Cr | Rs. -0.11 Cr | + 15.38 % | + 15.38 % |
EPS in Rs | Rs. -0.31 | Rs. -0.31 | Rs. -0.26 | + 16.13 % | + 16.13 % |
Today, we’re looking at Incon Engineers Ltd.’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -25 % quarter-on-quarter, aligning with the annual decline of -25 %. Operating profit, while up 25 % compared to last year, faced a quarter-on-quarter increase of 25 %, signaling a short-term expansion in margins.
Other income fell by -2.7 % compared to the last quarter, despite an annual decline of -5.26 %. Interest expenses surged remarkably by 100 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. 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 21.43 % but saw an increase from the preceding quarter by 21.43 %.
Net profit rose by 15.38 % year-on-year but experienced a 15.38 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 16.13 % but a quarterly rise of 16.13 %. In summary, Incon Engineers 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.16 Cr | Rs. 0.16 Cr | Rs. 0.12 Cr | -25 % | -25 % |
Operating Profit | Rs. -0.16 Cr | Rs. -0.16 Cr | Rs. -0.12 Cr | + 25 % | + 25 % |
Net Profit | Rs. -0.13 Cr | Rs. -0.13 Cr | Rs. -0.11 Cr | + 15.38 % | + 15.38 % |
EPS in Rs | Rs. -0.31 | Rs. -0.31 | Rs. -0.26 | + 16.13 % | + 16.13 % |
In reviewing Incon Engineers Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -25 % compared to the previous year, with a decrease of -25 % quarter-on-quarter. Operating Profit surged by 25 % annually, and saw a 25 % increase from the last quarter.
Net Profit showed yearly increase of 15.38 %, and experienced a 15.38 % increase from the previous quarter. Earnings Per Share (EPS) rose by 16.13 % annually, however rose by 16.13 % compared to the last quarter. In essence, while Incon Engineers Ltd. 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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