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India Steel Works ‘s Q2 Update: Profit Grows by 62.69% YoY

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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.

The comprehensive analytics outlining the performance and outlook of India Steel Works Ltd‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

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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