Share the post "Kolte – Patil Developers announces Q2 results: Profit Rises by 139.42% YoY"
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 55.58 % in the past year, decrease in net sales/revenue by -9.53 %.
- 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 112.22 %. Marginal increase in other income during this quarter, up by 19.66%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kolte – Patil Developers Limited. Profit dropped by -139.42 % Year to Year, Kolte – Patil Developers Limited’s profitability increased by 62.32 % in this quarter.
- EPS over the Year and quarter: EPS declined by -138.44 % Year to Year. EPS increased by 56.1 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 198.15 Cr | Rs. 340.75 Cr | Rs. 308.29 Cr | -9.53 % | + 55.58 % |
Expenses | Rs. 196.89 Cr | Rs. 312.97 Cr | Rs. 292.12 Cr | -6.66 % | + 48.37 % |
Operating Profit | Rs. 1.26 Cr | Rs. 27.78 Cr | Rs. 16.17 Cr | -41.79 % | + 1183.33 % |
OPM % | 0.64 % | 8.15 % | 5.25 % | -2.9 % | + 4.61 % |
Other Income | Rs. 6.71 Cr | Rs. 11.9 Cr | Rs. 14.24 Cr | + 19.66 % | + 112.22 % |
Interest | Rs. 9.44 Cr | Rs. 18.72 Cr | Rs. 10.74 Cr | -42.63 % | + 13.77 % |
Depreciation | Rs. 15.48 Cr | Rs. 4.18 Cr | Rs. 2.44 Cr | -41.63 % | -84.24 % |
Profit before tax | Rs. -16.95 Cr | Rs. 16.78 Cr | Rs. 17.23 Cr | + 2.68 % | + 201.65 % |
Tax % | -63 % | 72.19 % | 44 % | -28.19 % | + 107 % |
Net Profit | Rs. -26.23 Cr | Rs. 6.37 Cr | Rs. 10.34 Cr | + 62.32 % | + 139.42 % |
EPS in Rs | Rs. -3.33 | Rs. 0.82 | Rs. 1.28 | + 56.1 % | + 138.44 % |
Today, we’re looking at Kolte – Patil Developers 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 55.58 %. However, it did see a marginal slip of -9.53 % from the previous quarter. Expenses decreased slightly by -6.66 % quarter-on-quarter, aligning with the annual rise of 48.37 %. Operating profit, while up 1183.33 % compared to last year, faced a quarter-on-quarter dip of -41.79 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.61 %, but a shrinkage of -2.9 % sequentially. Other income rose by 19.66 % compared to the last quarter, despite an annual growth of 112.22 %. Interest expenses dropped significantly by -42.63 % from the previous quarter, yet the year-over-year increase remains at a moderate 13.77 %. Depreciation costs fell by -41.63 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -84.24 %. Profit before tax grew annually by 201.65 % but saw an increase from the preceding quarter by 2.68 %.
Tax expenses as a percentage of profits increased slightly by 107 % compared to last year, with a more notable quarter-on-quarter decrease of -28.19 %. Net profit rose by 139.42 % year-on-year but experienced a 62.32 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 138.44 % but a quarterly rise of 56.1 %. In summary, Kolte – Patil Developers 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. 198.15 Cr | Rs. 340.75 Cr | Rs. 308.29 Cr | -9.53 % | + 55.58 % |
Expenses | Rs. 196.89 Cr | Rs. 312.97 Cr | Rs. 292.12 Cr | -6.66 % | + 48.37 % |
Operating Profit | Rs. 1.26 Cr | Rs. 27.78 Cr | Rs. 16.17 Cr | -41.79 % | + 1183.33 % |
Net Profit | Rs. -26.23 Cr | Rs. 6.37 Cr | Rs. 10.34 Cr | + 62.32 % | + 139.42 % |
EPS in Rs | Rs. -3.33 | Rs. 0.82 | Rs. 1.28 | + 56.1 % | + 138.44 % |
In reviewing Kolte – Patil Developers Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 55.58 % year-on-year growth, although there was a slight dip of -9.53 % from the previous quarter. Expenses rose by 48.37 % compared to the previous year, with a decrease of -6.66 % quarter-on-quarter. Operating Profit surged by 1183.33 % annually, and saw a -41.79 % decrease from the last quarter.
Net Profit showed yearly increase of 139.42 %, and experienced a 62.32 % increase from the previous quarter. Earnings Per Share (EPS) rose by 138.44 % annually, however rose by 56.1 % compared to the last quarter. In essence, while Kolte – Patil Developers 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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