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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 6.51 % in the past year, substantial increase in net sales/revenue by 19.41 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -90.91 %, Marginal decrease of -90% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Inducto Steels ltd.. Profit dropped by -350.11 % Year to Year, Inducto Steels ltd.’s profitability increased by 146.84 % in this quarter.
- EPS over the Year and quarter: EPS declined by -350.67 % Year to Year. EPS increased by 147.37 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 43.327 Cr | Rs. 38.647 Cr | Rs. 46.149 Cr | + 19.41 % | + 6.51 % |
| Expenses | Rs. 41.48 Cr | Rs. 39 Cr | Rs. 49.23 Cr | + 26.23 % | + 18.68 % |
| Operating Profit | Rs. 1.85 Cr | Rs. -0.35 Cr | Rs. -3.08 Cr | -780 % | -266.49 % |
| OPM % | 4.27 % | -0.91 % | -6.67 % | -5.76 % | -10.94 % |
| Other Income | Rs. 0.297 Cr | Rs. 0.27 Cr | Rs. 0.027 Cr | -90 % | -90.91 % |
| Interest | Rs. 1.09 Cr | Rs. 0.77 Cr | Rs. 0.19 Cr | -75.32 % | -82.57 % |
| Depreciation | Rs. 0.07 Cr | Rs. 0.07 Cr | Rs. 0.09 Cr | + 28.57 % | + 28.57 % |
| Profit before tax | Rs. 0.99 Cr | Rs. -0.92 Cr | Rs. -3.33 Cr | -261.96 % | -436.36 % |
| Tax % | 8.11 % | -0.22 % | -31.93 % | -31.71 % | -40.04 % |
| Net Profit | Rs. 0.91 Cr | Rs. -0.92 Cr | Rs. -2.27 Cr | -146.74 % | -349.45 % |
| EPS in Rs | Rs. 2.25 | Rs. -2.28 | Rs. -5.64 | -147.37 % | -350.67 % |
Today, we’re looking at Inducto Steels 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 6.51 %. However, it did see a marginal increase of 19.41 % from the previous quarter. Expenses ticked up slightly by 26.23 % quarter-on-quarter, aligning with the annual rise of 18.68 %. Operating profit, while down -266.49 % compared to last year, faced a quarter-on-quarter dip of -780 %, 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 -10.94 %, but a shrinkage of -5.76 % sequentially. Other income fell by -90 % compared to the last quarter, despite an annual decline of -90.91 %. Interest expenses dropped significantly by -75.32 % from the previous quarter, yet the year-over-year decrease remains at a moderate -82.57 %. Depreciation costs climbed by 28.57 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.57 %. Profit before tax declined annually by -436.36 % but saw a reduction from the preceding quarter by -261.96 %.
Tax expenses as a percentage of profits decreased slightly by -40.04 % compared to last year, with a more notable quarter-on-quarter decrease of -31.71 %. Net profit fell by -349.45 % year-on-year but witnessed a -146.74 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -350.67 % but a quarterly fall of -147.37 %. In summary, Inducto Steels 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. 43.327 Cr | Rs. 38.647 Cr | Rs. 46.149 Cr | + 19.41 % | + 6.51 % |
| Expenses | Rs. 41.48 Cr | Rs. 39 Cr | Rs. 49.23 Cr | + 26.23 % | + 18.68 % |
| Operating Profit | Rs. 1.85 Cr | Rs. -0.35 Cr | Rs. -3.08 Cr | -780 % | -266.49 % |
| Net Profit | Rs. 0.91 Cr | Rs. -0.92 Cr | Rs. -2.27 Cr | -146.74 % | -349.45 % |
| EPS in Rs | Rs. 2.25 | Rs. -2.28 | Rs. -5.64 | -147.37 % | -350.67 % |
In reviewing Inducto Steels ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 6.51 % year-on-year growth, however, there was a minor increase of 19.41 % from the previous quarter. Expenses rose by 18.68 % compared to the previous year, with a 26.23 % increase quarter-on-quarter. Operating Profit dropped by -266.49 % annually, and saw a -780 % decrease from the last quarter.
Net Profit showed yearly decrease of -349.45 %, and experienced a -146.74 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -350.67 % annually, however dipped by -147.37 % compared to the last quarter. In essence, while Inducto Steels 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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