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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 20.92 % in the past year, substantial increase in net sales/revenue by 13.55 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 50.1 %. Marginal increase in other income during this quarter, up by 29.63%.
- Profit over the Year and quarter: Significant improvement in profitability for Ion Exchange (India) Ltd. Notable increase of 19.57 % in net profit Year to Year, Ion Exchange (India) Ltd’s profitability increased by 13.09 % in this quarter.
- EPS over the Year and quarter: EPS increased by 19.78 % Year to Year. EPS increased by 13.46 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 532.97 Cr | Rs. 567.57 Cr | Rs. 644.47 Cr | + 13.55 % | + 20.92 % |
Expenses | Rs. 472.58 Cr | Rs. 503.36 Cr | Rs. 576.17 Cr | + 14.46 % | + 21.92 % |
Operating Profit | Rs. 60.39 Cr | Rs. 64.21 Cr | Rs. 68.3 Cr | + 6.37 % | + 13.1 % |
OPM % | 11.33 % | 11.31 % | 10.6 % | -0.71 % | -0.73 % |
Other Income | Rs. 9.56 Cr | Rs. 11.07 Cr | Rs. 14.35 Cr | + 29.63 % | + 50.1 % |
Interest | Rs. 3.56 Cr | Rs. 2.93 Cr | Rs. 3.62 Cr | + 23.55 % | + 1.69 % |
Depreciation | Rs. 8.5 Cr | Rs. 10.44 Cr | Rs. 10.89 Cr | + 4.31 % | + 28.12 % |
Profit before tax | Rs. 57.89 Cr | Rs. 61.91 Cr | Rs. 68.14 Cr | + 10.06 % | + 17.71 % |
Tax % | 28.73 % | 28.25 % | 25.95 % | -2.3 % | -2.78 % |
Net Profit | Rs. 42.35 Cr | Rs. 44.78 Cr | Rs. 50.64 Cr | + 13.09 % | + 19.57 % |
EPS in Rs | Rs. 3.59 | Rs. 3.79 | Rs. 4.3 | + 13.46 % | + 19.78 % |
Today, we’re looking at Ion Exchange (India) 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 20.92 %. However, it did see a marginal increase of 13.55 % from the previous quarter. Expenses ticked up slightly by 14.46 % quarter-on-quarter, aligning with the annual rise of 21.92 %. Operating profit, while up 13.1 % compared to last year, faced a quarter-on-quarter increase of 6.37 %, 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 -0.73 %, but a shrinkage of -0.71 % sequentially. Other income rose by 29.63 % compared to the last quarter, despite an annual growth of 50.1 %. Interest expenses surged remarkably by 23.55 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.69 %. Depreciation costs climbed by 4.31 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 28.12 %. Profit before tax grew annually by 17.71 % but saw an increase from the preceding quarter by 10.06 %.
Tax expenses as a percentage of profits decreased slightly by -2.78 % compared to last year, with a more notable quarter-on-quarter decrease of -2.3 %. Net profit rose by 19.57 % year-on-year but experienced a 13.09 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.78 % but a quarterly rise of 13.46 %. In summary, Ion Exchange (India) 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. 532.97 Cr | Rs. 567.57 Cr | Rs. 644.47 Cr | + 13.55 % | + 20.92 % |
Expenses | Rs. 472.58 Cr | Rs. 503.36 Cr | Rs. 576.17 Cr | + 14.46 % | + 21.92 % |
Operating Profit | Rs. 60.39 Cr | Rs. 64.21 Cr | Rs. 68.3 Cr | + 6.37 % | + 13.1 % |
Net Profit | Rs. 42.35 Cr | Rs. 44.78 Cr | Rs. 50.64 Cr | + 13.09 % | + 19.57 % |
EPS in Rs | Rs. 3.59 | Rs. 3.79 | Rs. 4.3 | + 13.46 % | + 19.78 % |
In reviewing Ion Exchange (India) Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 20.92 % year-on-year growth, however, there was a minor increase of 13.55 % from the previous quarter. Expenses rose by 21.92 % compared to the previous year, with a 14.46 % increase quarter-on-quarter. Operating Profit surged by 13.1 % annually, and saw a 6.37 % increase from the last quarter.
Net Profit showed yearly increase of 19.57 %, and experienced a 13.09 % increase from the previous quarter. Earnings Per Share (EPS) rose by 19.78 % annually, however rose by 13.46 % compared to the last quarter. In essence, while Ion Exchange (India) 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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