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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 -39.57 % over the year, decrease in net sales/revenue by -23.45 %.
- 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 40.86 %. Marginal increase in other income during this quarter, up by 10.37%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Keerthi Industries Ltd. Profit dropped by -22.85 % Year to Year, Keerthi Industries Ltd’s profitability dropped by -17.61 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -22.74 % Year to Year. EPS decreased by -17.54 % 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. 47.466 Cr | Rs. 37.473 Cr | Rs. 28.684 Cr | -23.45 % | -39.57 % |
Expenses | Rs. 49.88 Cr | Rs. 40.96 Cr | Rs. 35.39 Cr | -13.6 % | -29.05 % |
Operating Profit | Rs. -2.41 Cr | Rs. -3.49 Cr | Rs. -6.71 Cr | -92.26 % | -178.42 % |
OPM % | -5.08 % | -9.31 % | -23.39 % | -14.08 % | -18.31 % |
Other Income | Rs. 0.257 Cr | Rs. 0.328 Cr | Rs. 0.362 Cr | + 10.37 % | + 40.86 % |
Interest | Rs. 1.52 Cr | Rs. 1.53 Cr | Rs. 1.58 Cr | + 3.27 % | + 3.95 % |
Depreciation | Rs. 3.03 Cr | Rs. 3 Cr | Rs. 3.05 Cr | + 1.67 % | + 0.66 % |
Profit before tax | Rs. -6.7 Cr | Rs. -7.69 Cr | Rs. -10.98 Cr | -42.78 % | -63.88 % |
Tax % | -12.74 % | -28.62 % | -58.83 % | -30.21 % | -46.09 % |
Net Profit | Rs. -5.86 Cr | Rs. -5.48 Cr | Rs. -4.52 Cr | + 17.52 % | + 22.87 % |
EPS in Rs | Rs. -7.3 | Rs. -6.84 | Rs. -5.64 | + 17.54 % | + 22.74 % |
Today, we’re looking at Keerthi Industries Ltd’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 -39.57 %. However, it did see a marginal slip of -23.45 % from the previous quarter. Expenses decreased slightly by -13.6 % quarter-on-quarter, aligning with the annual decline of -29.05 %. Operating profit, while down -178.42 % compared to last year, faced a quarter-on-quarter dip of -92.26 %, 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 -18.31 %, but a shrinkage of -14.08 % sequentially. Other income rose by 10.37 % compared to the last quarter, despite an annual growth of 40.86 %. Interest expenses surged remarkably by 3.27 % from the previous quarter, yet the year-over-year increase remains at a moderate 3.95 %. Depreciation costs climbed by 1.67 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.66 %. Profit before tax declined annually by -63.88 % but saw a reduction from the preceding quarter by -42.78 %.
Tax expenses as a percentage of profits decreased slightly by -46.09 % compared to last year, with a more notable quarter-on-quarter decrease of -30.21 %. Net profit rose by 22.87 % year-on-year but experienced a 17.52 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 22.74 % but a quarterly rise of 17.54 %. In summary, Keerthi Industries 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. 47.466 Cr | Rs. 37.473 Cr | Rs. 28.684 Cr | -23.45 % | -39.57 % |
Expenses | Rs. 49.88 Cr | Rs. 40.96 Cr | Rs. 35.39 Cr | -13.6 % | -29.05 % |
Operating Profit | Rs. -2.41 Cr | Rs. -3.49 Cr | Rs. -6.71 Cr | -92.26 % | -178.42 % |
Net Profit | Rs. -5.86 Cr | Rs. -5.48 Cr | Rs. -4.52 Cr | + 17.52 % | + 22.87 % |
EPS in Rs | Rs. -7.3 | Rs. -6.84 | Rs. -5.64 | + 17.54 % | + 22.74 % |
In reviewing Keerthi Industries Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -39.57 % year-on-year, although there was a slight dip of -23.45 % from the previous quarter. Expenses decreased by -29.05 % compared to the previous year, with a decrease of -13.6 % quarter-on-quarter. Operating Profit dropped by -178.42 % annually, and saw a -92.26 % decrease from the last quarter.
Net Profit showed yearly increase of 22.87 %, and experienced a 17.52 % increase from the previous quarter. Earnings Per Share (EPS) rose by 22.74 % annually, however rose by 17.54 % compared to the last quarter. In essence, while Keerthi Industries 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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