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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 16.44 % in the past year, substantial increase in net sales/revenue by 8.49 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -14.7 %, Marginal increase in other income during this quarter, up by 139.12%.
- Profit over the Year and quarter: Significant improvement in profitability for Inox Green Energy Services Limited. Notable increase of 5.21 % in net profit Year to Year, Inox Green Energy Services Limited’s profitability increased by 46.02 % in this quarter.
- EPS over the Year and quarter: EPS declined by -10.53 % Year to Year. EPS increased by 112.5 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 47.39 Cr | Rs. 50.86 Cr | Rs. 55.18 Cr | + 8.49 % | + 16.44 % |
Expenses | Rs. 34.42 Cr | Rs. 33.94 Cr | Rs. 36.63 Cr | + 7.93 % | + 6.42 % |
Operating Profit | Rs. 12.97 Cr | Rs. 16.92 Cr | Rs. 18.55 Cr | + 9.63 % | + 43.02 % |
OPM % | 27.37 % | 33.27 % | 33.62 % | + 0.35 % | + 6.25 % |
Other Income | Rs. 10.82 Cr | Rs. 3.86 Cr | Rs. 9.23 Cr | + 139.12 % | -14.7 % |
Interest | Rs. 6.57 Cr | Rs. 5.75 Cr | Rs. 4.71 Cr | -18.09 % | -28.31 % |
Depreciation | Rs. 13.33 Cr | Rs. 13.25 Cr | Rs. 13.4 Cr | + 1.13 % | + 0.53 % |
Profit before tax | Rs. 3.89 Cr | Rs. 1.78 Cr | Rs. 9.67 Cr | + 443.26 % | + 148.59 % |
Tax % | 13.11 % | 47.19 % | 37.13 % | -10.06 % | + 24.02 % |
Net Profit | Rs. 5.76 Cr | Rs. 4.15 Cr | Rs. 6.06 Cr | + 46.02 % | + 5.21 % |
EPS in Rs | Rs. 0.19 | Rs. 0.08 | Rs. 0.17 | + 112.5 % | -10.53 % |
Today, we’re looking at Inox Green Energy Services 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 16.44 %. However, it did see a marginal increase of 8.49 % from the previous quarter. Expenses ticked up slightly by 7.93 % quarter-on-quarter, aligning with the annual rise of 6.42 %. Operating profit, while up 43.02 % compared to last year, faced a quarter-on-quarter increase of 9.63 %, 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 6.25 %, but an expansion of 0.35 % sequentially. Other income rose by 139.12 % compared to the last quarter, despite an annual decline of -14.7 %. Interest expenses dropped significantly by -18.09 % from the previous quarter, yet the year-over-year decrease remains at a moderate -28.31 %. Depreciation costs climbed by 1.13 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.53 %. Profit before tax grew annually by 148.59 % but saw an increase from the preceding quarter by 443.26 %.
Tax expenses as a percentage of profits increased slightly by 24.02 % compared to last year, with a more notable quarter-on-quarter decrease of -10.06 %. Net profit rose by 5.21 % year-on-year but experienced a 46.02 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10.53 % but a quarterly rise of 112.5 %. In summary, Inox Green Energy Services 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. 47.39 Cr | Rs. 50.86 Cr | Rs. 55.18 Cr | + 8.49 % | + 16.44 % |
Expenses | Rs. 34.42 Cr | Rs. 33.94 Cr | Rs. 36.63 Cr | + 7.93 % | + 6.42 % |
Operating Profit | Rs. 12.97 Cr | Rs. 16.92 Cr | Rs. 18.55 Cr | + 9.63 % | + 43.02 % |
Net Profit | Rs. 5.76 Cr | Rs. 4.15 Cr | Rs. 6.06 Cr | + 46.02 % | + 5.21 % |
EPS in Rs | Rs. 0.19 | Rs. 0.08 | Rs. 0.17 | + 112.5 % | -10.53 % |
In reviewing Inox Green Energy Services Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 16.44 % year-on-year growth, however, there was a minor increase of 8.49 % from the previous quarter. Expenses rose by 6.42 % compared to the previous year, with a 7.93 % increase quarter-on-quarter. Operating Profit surged by 43.02 % annually, and saw a 9.63 % increase from the last quarter.
Net Profit showed yearly increase of 5.21 %, and experienced a 46.02 % increase from the previous quarter. Earnings Per Share (EPS) fell by -10.53 % annually, however rose by 112.5 % compared to the last quarter. In essence, while Inox Green Energy Services 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.
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