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Indo Count Industries ‘s Q2 Update: Profit Falls by 28.59% Year-on-Year

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 2.67 % in the past year, substantial increase in net sales/revenue by 10.03 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -63.51 %, Marginal increase in other income during this quarter, up by 4.76%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Indo Count Industries Ltd. Profit dropped by -28.59 % Year to Year, Indo Count Industries Ltd’s profitability increased by 4.81 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -28.60 % Year to Year. EPS increased by 4.83 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Indo Count Industries 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. 1008.96 Cr Rs. 941.428 Cr Rs. 1035.853 Cr + 10.03 % + 2.67 %
Expenses Rs. 844.39 Cr Rs. 796.35 Cr Rs. 878.42 Cr + 10.31 % + 4.03 %
Operating Profit Rs. 164.57 Cr Rs. 145.08 Cr Rs. 157.43 Cr + 8.51 % -4.34 %
OPM % 16.31 % 15.41 % 15.2 % -0.21 % -1.11 %
Other Income Rs. 24.51 Cr Rs. 8.538 Cr Rs. 8.944 Cr + 4.76 % -63.51 %
Interest Rs. 18.01 Cr Rs. 21 Cr Rs. 30.48 Cr + 45.14 % + 69.24 %
Depreciation Rs. 20.23 Cr Rs. 25.01 Cr Rs. 25.11 Cr + 0.4 % + 24.12 %
Profit before tax Rs. 150.84 Cr Rs. 107.61 Cr Rs. 110.78 Cr + 2.95 % -26.56 %
Tax % 24.3 % 27.71 % 26.4 % -1.31 % + 2.1 %
Net Profit Rs. 114.18 Cr Rs. 77.8 Cr Rs. 81.54 Cr + 4.81 % -28.59 %
EPS in Rs Rs. 5.77 Rs. 3.93 Rs. 4.12 + 4.83 % -28.6 %


Today, we’re looking at Indo Count Industries Ltd’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 2.67 %. However, it did see a marginal increase of 10.03 % from the previous quarter. Expenses ticked up slightly by 10.31 % quarter-on-quarter, aligning with the annual rise of 4.03 %. Operating profit, while down -4.34 % compared to last year, faced a quarter-on-quarter increase of 8.51 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.11 %, but a shrinkage of -0.21 % sequentially. Other income rose by 4.76 % compared to the last quarter, despite an annual decline of -63.51 %. Interest expenses surged remarkably by 45.14 % from the previous quarter, yet the year-over-year increase remains at a moderate 69.24 %. Depreciation costs climbed by 0.4 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.12 %. Profit before tax declined annually by -26.56 % but saw an increase from the preceding quarter by 2.95 %.
Tax expenses as a percentage of profits increased slightly by 2.1 % compared to last year, with a more notable quarter-on-quarter decrease of -1.31 %. Net profit fell by -28.59 % year-on-year but experienced a 4.81 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -28.6 % but a quarterly rise of 4.83 %. In summary, Indo Count Industries 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. 1008.96 Cr Rs. 941.428 Cr Rs. 1035.853 Cr + 10.03 % + 2.67 %
Expenses Rs. 844.39 Cr Rs. 796.35 Cr Rs. 878.42 Cr + 10.31 % + 4.03 %
Operating Profit Rs. 164.57 Cr Rs. 145.08 Cr Rs. 157.43 Cr + 8.51 % -4.34 %
Net Profit Rs. 114.18 Cr Rs. 77.8 Cr Rs. 81.54 Cr + 4.81 % -28.59 %
EPS in Rs Rs. 5.77 Rs. 3.93 Rs. 4.12 + 4.83 % -28.6 %


In reviewing Indo Count Industries Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.67 % year-on-year growth, however, there was a minor increase of 10.03 % from the previous quarter. Expenses rose by 4.03 % compared to the previous year, with a 10.31 % increase quarter-on-quarter. Operating Profit dropped by -4.34 % annually, and saw a 8.51 % increase from the last quarter.
Net Profit showed yearly decrease of -28.59 %, and experienced a 4.81 % increase from the previous quarter. Earnings Per Share (EPS) fell by -28.6 % annually, however rose by 4.83 % compared to the last quarter. In essence, while Indo Count Industries Ltd faces strong annual decline 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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