![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/KAIRA.png)
Share the post "Kaira Can Co ‘s Q2 Financial results: Revenue Grows by 1.74% 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 experienced a substantial growth of 1.74 % in the past year, decrease in net sales/revenue by -14.79 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -40.78 %, Marginal decrease of -1.85% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kaira Can Co. Ltd.,. Profit dropped by -14.16 % Year to Year, Kaira Can Co. Ltd.,’s profitability dropped by -37.67 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -14.17 % Year to Year. EPS decreased by -37.71 % 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. 52.566 Cr | Rs. 62.762 Cr | Rs. 53.479 Cr | -14.79 % | + 1.74 % |
| Expenses | Rs. 51.21 Cr | Rs. 60.72 Cr | Rs. 52.28 Cr | -13.9 % | + 2.09 % |
| Operating Profit | Rs. 1.36 Cr | Rs. 2.04 Cr | Rs. 1.2 Cr | -41.18 % | -11.76 % |
| OPM % | 2.59 % | 3.25 % | 2.24 % | -1.01 % | -0.35 % |
| Other Income | Rs. 0.179 Cr | Rs. 0.108 Cr | Rs. 0.106 Cr | -1.85 % | -40.78 % |
| Interest | Rs. 0.02 Cr | Rs. 0.07 Cr | Rs. 0.04 Cr | -42.86 % | + 100 % |
| Depreciation | Rs. 0.74 Cr | Rs. 0.65 Cr | Rs. 0.67 Cr | + 3.08 % | -9.46 % |
| Profit before tax | Rs. 0.78 Cr | Rs. 1.43 Cr | Rs. 0.6 Cr | -58.04 % | -23.08 % |
| Tax % | 25.16 % | 43.45 % | 16.86 % | -26.59 % | -8.3 % |
| Net Profit | Rs. 0.59 Cr | Rs. 0.81 Cr | Rs. 0.5 Cr | -38.27 % | -15.25 % |
| EPS in Rs | Rs. 6.35 | Rs. 8.75 | Rs. 5.45 | -37.71 % | -14.17 % |
Today, we’re looking at Kaira Can Co. 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 1.74 %. However, it did see a marginal slip of -14.79 % from the previous quarter. Expenses decreased slightly by -13.9 % quarter-on-quarter, aligning with the annual rise of 2.09 %. Operating profit, while down -11.76 % compared to last year, faced a quarter-on-quarter dip of -41.18 %, 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 -0.35 %, but a shrinkage of -1.01 % sequentially. Other income fell by -1.85 % compared to the last quarter, despite an annual decline of -40.78 %. Interest expenses dropped significantly by -42.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 100 %. Depreciation costs climbed by 3.08 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -9.46 %. Profit before tax declined annually by -23.08 % but saw a reduction from the preceding quarter by -58.04 %.
Tax expenses as a percentage of profits decreased slightly by -8.3 % compared to last year, with a more notable quarter-on-quarter decrease of -26.59 %. Net profit fell by -15.25 % year-on-year but witnessed a -38.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -14.17 % but a quarterly fall of -37.71 %. In summary, Kaira Can Co. 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. 52.566 Cr | Rs. 62.762 Cr | Rs. 53.479 Cr | -14.79 % | + 1.74 % |
| Expenses | Rs. 51.21 Cr | Rs. 60.72 Cr | Rs. 52.28 Cr | -13.9 % | + 2.09 % |
| Operating Profit | Rs. 1.36 Cr | Rs. 2.04 Cr | Rs. 1.2 Cr | -41.18 % | -11.76 % |
| Net Profit | Rs. 0.59 Cr | Rs. 0.81 Cr | Rs. 0.5 Cr | -38.27 % | -15.25 % |
| EPS in Rs | Rs. 6.35 | Rs. 8.75 | Rs. 5.45 | -37.71 % | -14.17 % |
In reviewing Kaira Can Co. Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.74 % year-on-year growth, although there was a slight dip of -14.79 % from the previous quarter. Expenses rose by 2.09 % compared to the previous year, with a decrease of -13.9 % quarter-on-quarter. Operating Profit dropped by -11.76 % annually, and saw a -41.18 % decrease from the last quarter.
Net Profit showed yearly decrease of -15.25 %, and experienced a -38.27 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -14.17 % annually, however dipped by -37.71 % compared to the last quarter. In essence, while Kaira Can Co. 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.
[my_shortcode1 values=”Kaira Can Co. Ltd.,”]
