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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 either a marginal increase or a decline in other income over the past year which is 702.81 %. Marginal increase in other income during this quarter, up by 4436.51%.
- Profit over the Year and quarter: Challenges in sustaining profitability for India Steel Works Ltd. Profit dropped by -62.75 % Year to Year, India Steel Works Ltd’s profitability dropped by -49.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -26.67 % Year to Year. EPS increased by -0 % in previous quarter. Positive impact on shareholders.
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. 1.89 Cr | Rs. 0.89 Cr | Rs. 2.44 Cr | + 174.16 % | + 29.1 % |
Operating Profit | Rs. -1.89 Cr | Rs. -0.89 Cr | Rs. -2.44 Cr | -174.16 % | -29.1 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.356 Cr | Rs. 0.063 Cr | Rs. 2.858 Cr | + 4436.51 % | + 702.81 % |
Interest | Rs. 2.62 Cr | Rs. 1.87 Cr | Rs. 0.94 Cr | -49.73 % | -64.12 % |
Depreciation | Rs. 1.87 Cr | Rs. 1.72 Cr | Rs. 1.72 Cr | + 0 % | -8.02 % |
Profit before tax | Rs. -6.02 Cr | Rs. -4.42 Cr | Rs. -2.24 Cr | + 49.32 % | + 62.79 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -6.03 Cr | Rs. -4.42 Cr | Rs. -2.25 Cr | + 49.1 % | + 62.69 % |
EPS in Rs | Rs. -0.15 | Rs. -0.11 | Rs. -0.11 | + 0 % | + 26.67 % |
Today, we’re looking at India Steel Works Ltd’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 174.16 % quarter-on-quarter, aligning with the annual rise of 29.1 %. Operating profit, while down -29.1 % compared to last year, faced a quarter-on-quarter dip of -174.16 %, signaling a short-term contraction in margins.
Other income rose by 4436.51 % compared to the last quarter, despite an annual growth of 702.81 %. Interest expenses dropped significantly by -49.73 % from the previous quarter, yet the year-over-year decrease remains at a moderate -64.12 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -8.02 %. Profit before tax grew annually by 62.79 % but saw an increase from the preceding quarter by 49.32 %.
Net profit rose by 62.69 % year-on-year but experienced a 49.1 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 26.67 % but a quarterly rise of 0 %. In summary, India Steel Works 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. 1.89 Cr | Rs. 0.89 Cr | Rs. 2.44 Cr | + 174.16 % | + 29.1 % |
Operating Profit | Rs. -1.89 Cr | Rs. -0.89 Cr | Rs. -2.44 Cr | -174.16 % | -29.1 % |
Net Profit | Rs. -6.03 Cr | Rs. -4.42 Cr | Rs. -2.25 Cr | + 49.1 % | + 62.69 % |
EPS in Rs | Rs. -0.15 | Rs. -0.11 | Rs. -0.11 | + 0 % | + 26.67 % |
In reviewing India Steel Works Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 29.1 % compared to the previous year, with a 174.16 % increase quarter-on-quarter. Operating Profit dropped by -29.1 % annually, and saw a -174.16 % decrease from the last quarter.
Net Profit showed yearly increase of 62.69 %, and experienced a 49.1 % increase from the previous quarter. Earnings Per Share (EPS) rose by 26.67 % annually, however rose by 0 % compared to the last quarter. In essence, while India Steel Works 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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