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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’s sales declined by -13.73 % over the year, substantial increase in net sales/revenue by 106.75 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -94.46 %, Marginal decrease of -93.1% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Konark Synthetics Ltd. Profit dropped by -97.28 % Year to Year, Konark Synthetics Ltd’s profitability dropped by -116.17 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -97.50 % Year to Year. EPS decreased by -114.63 % 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. 12.036 Cr | Rs. 5.022 Cr | Rs. 10.383 Cr | + 106.75 % | -13.73 % |
Expenses | Rs. 10.47 Cr | Rs. 5.03 Cr | Rs. 9.34 Cr | + 85.69 % | -10.79 % |
Operating Profit | Rs. 1.57 Cr | Rs. -0.01 Cr | Rs. 1.04 Cr | + 10500 % | -33.76 % |
OPM % | 13.04 % | -0.2 % | 10.02 % | + 10.22 % | -3.02 % |
Other Income | Rs. 0.885 Cr | Rs. 0.71 Cr | Rs. 0.049 Cr | -93.1 % | -94.46 % |
Interest | Rs. 0.72 Cr | Rs. 0.69 Cr | Rs. 0.79 Cr | + 14.49 % | + 9.72 % |
Depreciation | Rs. 0.32 Cr | Rs. 0.24 Cr | Rs. 0.24 Cr | + 0 % | -25 % |
Profit before tax | Rs. 1.42 Cr | Rs. -0.23 Cr | Rs. 0.06 Cr | + 126.09 % | -95.77 % |
Tax % | 1.73 % | 17.86 % | 16.09 % | -1.77 % | + 14.36 % |
Net Profit | Rs. 1.4 Cr | Rs. -0.24 Cr | Rs. 0.04 Cr | + 116.67 % | -97.14 % |
EPS in Rs | Rs. 2.4 | Rs. -0.41 | Rs. 0.06 | + 114.63 % | -97.5 % |
Today, we’re looking at Konark Synthetics 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 -13.73 %. However, it did see a marginal increase of 106.75 % from the previous quarter. Expenses ticked up slightly by 85.69 % quarter-on-quarter, aligning with the annual decline of -10.79 %. Operating profit, while down -33.76 % compared to last year, faced a quarter-on-quarter increase of 10500 %, 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 -3.02 %, but an expansion of 10.22 % sequentially. Other income fell by -93.1 % compared to the last quarter, despite an annual decline of -94.46 %. Interest expenses surged remarkably by 14.49 % from the previous quarter, yet the year-over-year increase remains at a moderate 9.72 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -25 %. Profit before tax declined annually by -95.77 % but saw an increase from the preceding quarter by 126.09 %.
Tax expenses as a percentage of profits increased slightly by 14.36 % compared to last year, with a more notable quarter-on-quarter decrease of -1.77 %. Net profit fell by -97.14 % year-on-year but experienced a 116.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -97.5 % but a quarterly rise of 114.63 %. In summary, Konark Synthetics 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. 12.036 Cr | Rs. 5.022 Cr | Rs. 10.383 Cr | + 106.75 % | -13.73 % |
Expenses | Rs. 10.47 Cr | Rs. 5.03 Cr | Rs. 9.34 Cr | + 85.69 % | -10.79 % |
Operating Profit | Rs. 1.57 Cr | Rs. -0.01 Cr | Rs. 1.04 Cr | + 10500 % | -33.76 % |
Net Profit | Rs. 1.4 Cr | Rs. -0.24 Cr | Rs. 0.04 Cr | + 116.67 % | -97.14 % |
EPS in Rs | Rs. 2.4 | Rs. -0.41 | Rs. 0.06 | + 114.63 % | -97.5 % |
In reviewing Konark Synthetics Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -13.73 % year-on-year, however, there was a minor increase of 106.75 % from the previous quarter. Expenses decreased by -10.79 % compared to the previous year, with a 85.69 % increase quarter-on-quarter. Operating Profit dropped by -33.76 % annually, and saw a 10500 % increase from the last quarter.
Net Profit showed yearly decrease of -97.14 %, and experienced a 116.67 % increase from the previous quarter. Earnings Per Share (EPS) fell by -97.5 % annually, however rose by 114.63 % compared to the last quarter. In essence, while Konark Synthetics Ltd faces strong annual decline 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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