Share the post "Ind-Swift Laboratories ‘s Q2 Results: Profit Drops by 98.7% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -95.87 % over the year, decrease in net sales/revenue by -63.95 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 75.81 %. Marginal increase in other income during this quarter, up by 16.74%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ind-Swift Laboratories Ltd.. Profit dropped by -98.7 % Year to Year, Ind-Swift Laboratories Ltd.’s profitability dropped by -55.88 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -98.69 % Year to Year. EPS decreased by -56.25 % 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. 289.712 Cr | Rs. 33.167 Cr | Rs. 11.957 Cr | -63.95 % | -95.87 % |
Expenses | Rs. 224.19 Cr | Rs. 42.98 Cr | Rs. 23.75 Cr | -44.74 % | -89.41 % |
Operating Profit | Rs. 65.52 Cr | Rs. -9.81 Cr | Rs. -11.79 Cr | -20.18 % | -117.99 % |
OPM % | 22.62 % | -29.58 % | -98.6 % | -69.02 % | -121.22 % |
Other Income | Rs. 7.397 Cr | Rs. 11.14 Cr | Rs. 13.005 Cr | + 16.74 % | + 75.81 % |
Interest | Rs. 21.14 Cr | Rs. 0.17 Cr | Rs. 0.41 Cr | + 141.18 % | -98.06 % |
Depreciation | Rs. 13.19 Cr | Rs. 0.25 Cr | Rs. 0.22 Cr | -12 % | -98.33 % |
Profit before tax | Rs. 38.59 Cr | Rs. 0.91 Cr | Rs. 0.59 Cr | -35.16 % | -98.47 % |
Tax % | 17.89 % | 2.96 % | 31.68 % | + 28.72 % | + 13.79 % |
Net Profit | Rs. 31.66 Cr | Rs. 0.94 Cr | Rs. 0.41 Cr | -56.38 % | -98.7 % |
EPS in Rs | Rs. 5.36 | Rs. 0.16 | Rs. 0.07 | -56.25 % | -98.69 % |
Today, we’re looking at Ind-Swift Laboratories Ltd.’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 -95.87 %. However, it did see a marginal slip of -63.95 % from the previous quarter. Expenses decreased slightly by -44.74 % quarter-on-quarter, aligning with the annual decline of -89.41 %. Operating profit, while down -117.99 % compared to last year, faced a quarter-on-quarter dip of -20.18 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -121.22 %, but a shrinkage of -69.02 % sequentially. Other income rose by 16.74 % compared to the last quarter, despite an annual growth of 75.81 %. Interest expenses surged remarkably by 141.18 % from the previous quarter, yet the year-over-year decrease remains at a moderate -98.06 %. Depreciation costs fell by -12 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -98.33 %. Profit before tax declined annually by -98.47 % but saw a reduction from the preceding quarter by -35.16 %.
Tax expenses as a percentage of profits increased slightly by 13.79 % compared to last year, with a more notable quarter-on-quarter increase of 28.72 %. Net profit fell by -98.7 % year-on-year but witnessed a -56.38 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -98.69 % but a quarterly fall of -56.25 %. In summary, Ind-Swift Laboratories 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. 289.712 Cr | Rs. 33.167 Cr | Rs. 11.957 Cr | -63.95 % | -95.87 % |
Expenses | Rs. 224.19 Cr | Rs. 42.98 Cr | Rs. 23.75 Cr | -44.74 % | -89.41 % |
Operating Profit | Rs. 65.52 Cr | Rs. -9.81 Cr | Rs. -11.79 Cr | -20.18 % | -117.99 % |
Net Profit | Rs. 31.66 Cr | Rs. 0.94 Cr | Rs. 0.41 Cr | -56.38 % | -98.7 % |
EPS in Rs | Rs. 5.36 | Rs. 0.16 | Rs. 0.07 | -56.25 % | -98.69 % |
In reviewing Ind-Swift Laboratories Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -95.87 % year-on-year, although there was a slight dip of -63.95 % from the previous quarter. Expenses decreased by -89.41 % compared to the previous year, with a decrease of -44.74 % quarter-on-quarter. Operating Profit dropped by -117.99 % annually, and saw a -20.18 % decrease from the last quarter.
Net Profit showed yearly decrease of -98.7 %, and experienced a -56.38 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -98.69 % annually, however dipped by -56.25 % compared to the last quarter. In essence, while Ind-Swift Laboratories Ltd. faces strong annual decline 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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