Share the post "Indokem ‘s Q2 Financial results: Revenue Grows by 7.31% 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 experienced a substantial growth of 7.31 % in the past year, substantial increase in net sales/revenue by 17.06 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -76.19 %, Marginal increase in other income during this quarter, up by 400%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Indokem Ltd. Profit dropped by -99.79 % Year to Year, Indokem Ltd’s profitability dropped by -99.28 % Quarter to Quarter.
- EPS over the Year and quarter:
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 40.34 Cr | Rs. 36.98 Cr | Rs. 43.29 Cr | + 17.06 % | + 7.31 % |
Expenses | Rs. 43.77 Cr | Rs. 37.16 Cr | Rs. 42.09 Cr | + 13.27 % | -3.84 % |
Operating Profit | Rs. -3.43 Cr | Rs. -0.18 Cr | Rs. 1.2 Cr | + 766.67 % | + 134.99 % |
OPM % | -8.5 % | -0.49 % | 2.77 % | + 3.26 % | + 11.27 % |
Other Income | Rs. 0.21 Cr | Rs. 0.01 Cr | Rs. 0.05 Cr | + 400 % | -76.19 % |
Interest | Rs. 0.7 Cr | Rs. 0.68 Cr | Rs. 0.72 Cr | + 5.88 % | + 2.86 % |
Depreciation | Rs. 0.74 Cr | Rs. 0.54 Cr | Rs. 0.55 Cr | + 1.85 % | -25.68 % |
Profit before tax | Rs. -4.66 Cr | Rs. -1.39 Cr | Rs. -0.02 Cr | + 98.56 % | + 99.57 % |
Tax % | -0 % | -0 % | -50 % | -50 % | -50 % |
Net Profit | Rs. -4.66 Cr | Rs. -1.39 Cr | Rs. -0.01 Cr | + 99.28 % | + 99.79 % |
EPS in Rs | Rs. -1.67 | Rs. -0.5 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at Indokem 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 7.31 %. However, it did see a marginal increase of 17.06 % from the previous quarter. Expenses ticked up slightly by 13.27 % quarter-on-quarter, aligning with the annual decline of -3.84 %. Operating profit, while up 134.99 % compared to last year, faced a quarter-on-quarter increase of 766.67 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 11.27 %, but an expansion of 3.26 % sequentially. Other income rose by 400 % compared to the last quarter, despite an annual decline of -76.19 %. Interest expenses surged remarkably by 5.88 % from the previous quarter, yet the year-over-year increase remains at a moderate 2.86 %. Depreciation costs climbed by 1.85 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25.68 %. Profit before tax grew annually by 99.57 % but saw an increase from the preceding quarter by 98.56 %.
Tax expenses as a percentage of profits decreased slightly by -50 % compared to last year, with a more notable quarter-on-quarter decrease of -50 %. Net profit rose by 99.79 % year-on-year but experienced a 99.28 % expansion from the last quarter. In summary, Indokem 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. 40.34 Cr | Rs. 36.98 Cr | Rs. 43.29 Cr | + 17.06 % | + 7.31 % |
Expenses | Rs. 43.77 Cr | Rs. 37.16 Cr | Rs. 42.09 Cr | + 13.27 % | -3.84 % |
Operating Profit | Rs. -3.43 Cr | Rs. -0.18 Cr | Rs. 1.2 Cr | + 766.67 % | + 134.99 % |
Net Profit | Rs. -4.66 Cr | Rs. -1.39 Cr | Rs. -0.01 Cr | + 99.28 % | + 99.79 % |
EPS in Rs | Rs. -1.67 | Rs. -0.5 | Rs. 0 | 0 % | 0 % |
In reviewing Indokem Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 7.31 % year-on-year growth, however, there was a minor increase of 17.06 % from the previous quarter. Expenses decreased by -3.84 % compared to the previous year, with a 13.27 % increase quarter-on-quarter. Operating Profit surged by 134.99 % annually, and saw a 766.67 % increase from the last quarter.
Net Profit showed yearly increase of 99.79 %, and experienced a 99.28 % increase from the previous quarter. In essence, while Indokem 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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