Share the post "JOHN COCKERILL INDIA ‘s Q2 Results: Profit Drops by 207.45% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -60.31 % over the year, decrease in net sales/revenue by -18.49 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -82.3 %, Marginal decrease of -64.85% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for JOHN COCKERILL INDIA LIMITED. Profit dropped by -207.35 % Year to Year, JOHN COCKERILL INDIA LIMITED’s profitability increased by 26675 % in this quarter.
- EPS over the Year and quarter: EPS declined by -207.28 % Year to Year. EPS increased by 25200 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 191.564 Cr | Rs. 93.287 Cr | Rs. 76.037 Cr | -18.49 % | -60.31 % |
Expenses | Rs. 185.41 Cr | Rs. 92.71 Cr | Rs. 84.68 Cr | -8.66 % | -54.33 % |
Operating Profit | Rs. 6.15 Cr | Rs. 0.58 Cr | Rs. -8.64 Cr | -1589.66 % | -240.49 % |
OPM % | 3.21 % | 0.62 % | -11.36 % | -11.98 % | -14.57 % |
Other Income | Rs. 2.954 Cr | Rs. 1.488 Cr | Rs. 0.523 Cr | -64.85 % | -82.3 % |
Interest | Rs. 0.48 Cr | Rs. 0.53 Cr | Rs. 0.46 Cr | -13.21 % | -4.17 % |
Depreciation | Rs. 1.25 Cr | Rs. 1.55 Cr | Rs. 1.47 Cr | -5.16 % | + 17.6 % |
Profit before tax | Rs. 7.37 Cr | Rs. -0.01 Cr | Rs. -10.05 Cr | -100400 % | -236.36 % |
Tax % | 5.4 % | -75 % | -25.38 % | + 49.62 % | -30.78 % |
Net Profit | Rs. 6.98 Cr | Rs. -0.03 Cr | Rs. -7.5 Cr | -24900 % | -207.45 % |
EPS in Rs | Rs. 14.15 | Rs. -0.06 | Rs. -15.18 | -25200 % | -207.28 % |
Today, we’re looking at JOHN COCKERILL INDIA LIMITED’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -60.31 %. However, it did see a marginal slip of -18.49 % from the previous quarter. Expenses decreased slightly by -8.66 % quarter-on-quarter, aligning with the annual decline of -54.33 %. Operating profit, while down -240.49 % compared to last year, faced a quarter-on-quarter dip of -1589.66 %, 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 -14.57 %, but a shrinkage of -11.98 % sequentially. Other income fell by -64.85 % compared to the last quarter, despite an annual decline of -82.3 %. Interest expenses dropped significantly by -13.21 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.17 %. Depreciation costs fell by -5.16 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.6 %. Profit before tax declined annually by -236.36 % but saw a reduction from the preceding quarter by -100400 %.
Tax expenses as a percentage of profits decreased slightly by -30.78 % compared to last year, with a more notable quarter-on-quarter increase of 49.62 %. Net profit fell by -207.45 % year-on-year but witnessed a -24900 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -207.28 % but a quarterly fall of -25200 %. In summary, JOHN COCKERILL 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. 191.564 Cr | Rs. 93.287 Cr | Rs. 76.037 Cr | -18.49 % | -60.31 % |
Expenses | Rs. 185.41 Cr | Rs. 92.71 Cr | Rs. 84.68 Cr | -8.66 % | -54.33 % |
Operating Profit | Rs. 6.15 Cr | Rs. 0.58 Cr | Rs. -8.64 Cr | -1589.66 % | -240.49 % |
Net Profit | Rs. 6.98 Cr | Rs. -0.03 Cr | Rs. -7.5 Cr | -24900 % | -207.45 % |
EPS in Rs | Rs. 14.15 | Rs. -0.06 | Rs. -15.18 | -25200 % | -207.28 % |
In reviewing JOHN COCKERILL INDIA LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -60.31 % year-on-year, although there was a slight dip of -18.49 % from the previous quarter. Expenses decreased by -54.33 % compared to the previous year, with a decrease of -8.66 % quarter-on-quarter. Operating Profit dropped by -240.49 % annually, and saw a -1589.66 % decrease from the last quarter.
Net Profit showed yearly decrease of -207.45 %, and experienced a -24900 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -207.28 % annually, however dipped by -25200 % compared to the last quarter. In essence, while JOHN COCKERILL INDIA LIMITED 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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