Share the post "Ingersoll Rand (India) Reports Q2: Revenue Up by 16.57% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 16.57 % in the past year, substantial increase in net sales/revenue by 1.37 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -3.71 %, Marginal increase in other income during this quarter, up by 20.5%.
- Profit over the Year and quarter: Significant improvement in profitability for Ingersoll Rand (India) Limited. Notable increase of 21.4 % in net profit Year to Year, Ingersoll Rand (India) Limited’s profitability dropped by -2.44 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 21.40 % Year to Year. EPS decreased by -2.45 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 276.31 Cr | Rs. 317.74 Cr | Rs. 322.1 Cr | + 1.37 % | + 16.57 % |
Expenses | Rs. 210.65 Cr | Rs. 234.92 Cr | Rs. 242.87 Cr | + 3.38 % | + 15.3 % |
Operating Profit | Rs. 65.66 Cr | Rs. 82.82 Cr | Rs. 79.23 Cr | -4.33 % | + 20.67 % |
OPM % | 23.76 % | 26.07 % | 24.6 % | -1.47 % | + 0.84 % |
Other Income | Rs. 6.47 Cr | Rs. 5.17 Cr | Rs. 6.23 Cr | + 20.5 % | -3.71 % |
Interest | Rs. 0.59 Cr | Rs. 0.18 Cr | Rs. 0.03 Cr | -83.33 % | -94.92 % |
Depreciation | Rs. 4.59 Cr | Rs. 4.52 Cr | Rs. 4.48 Cr | -0.88 % | -2.4 % |
Profit before tax | Rs. 66.95 Cr | Rs. 83.29 Cr | Rs. 80.95 Cr | -2.81 % | + 20.91 % |
Tax % | 25.75 % | 25.73 % | 25.45 % | -0.28 % | -0.3 % |
Net Profit | Rs. 49.71 Cr | Rs. 61.86 Cr | Rs. 60.35 Cr | -2.44 % | + 21.4 % |
EPS in Rs | Rs. 15.75 | Rs. 19.6 | Rs. 19.12 | -2.45 % | + 21.4 % |
Today, we’re looking at Ingersoll Rand (India) Limited’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 16.57 %. However, it did see a marginal increase of 1.37 % from the previous quarter. Expenses ticked up slightly by 3.38 % quarter-on-quarter, aligning with the annual rise of 15.3 %. Operating profit, while up 20.67 % compared to last year, faced a quarter-on-quarter dip of -4.33 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.84 %, but a shrinkage of -1.47 % sequentially. Other income rose by 20.5 % compared to the last quarter, despite an annual decline of -3.71 %. Interest expenses dropped significantly by -83.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -94.92 %. Depreciation costs fell by -0.88 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -2.4 %. Profit before tax grew annually by 20.91 % but saw a reduction from the preceding quarter by -2.81 %.
Tax expenses as a percentage of profits decreased slightly by -0.3 % compared to last year, with a more notable quarter-on-quarter decrease of -0.28 %. Net profit rose by 21.4 % year-on-year but witnessed a -2.44 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.4 % but a quarterly fall of -2.45 %. In summary, Ingersoll Rand (India) Limited’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. 276.31 Cr | Rs. 317.74 Cr | Rs. 322.1 Cr | + 1.37 % | + 16.57 % |
Expenses | Rs. 210.65 Cr | Rs. 234.92 Cr | Rs. 242.87 Cr | + 3.38 % | + 15.3 % |
Operating Profit | Rs. 65.66 Cr | Rs. 82.82 Cr | Rs. 79.23 Cr | -4.33 % | + 20.67 % |
Net Profit | Rs. 49.71 Cr | Rs. 61.86 Cr | Rs. 60.35 Cr | -2.44 % | + 21.4 % |
EPS in Rs | Rs. 15.75 | Rs. 19.6 | Rs. 19.12 | -2.45 % | + 21.4 % |
In reviewing Ingersoll Rand (India) Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.57 % year-on-year growth, however, there was a minor increase of 1.37 % from the previous quarter. Expenses rose by 15.3 % compared to the previous year, with a 3.38 % increase quarter-on-quarter. Operating Profit surged by 20.67 % annually, and saw a -4.33 % decrease from the last quarter.
Net Profit showed yearly increase of 21.4 %, and experienced a -2.44 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 21.4 % annually, however dipped by -2.45 % compared to the last quarter. In essence, while Ingersoll Rand (India) Limited 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.
[my_shortcode1 values=”Ingersoll Rand (India) Limited”]