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KOTHARI INDUSTRIAL CORPORATION’s Q2 Report: Profit Decreases by 99.86% YoY

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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 experienced a substantial growth of 260.96 % in the past year, substantial increase in net sales/revenue by 61.5 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -99.62 %, Marginal increase in other income during this quarter, up by 34.24%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for KOTHARI INDUSTRIAL CORPORATION. Profit dropped by -99.86 % Year to Year, KOTHARI INDUSTRIAL CORPORATION’s profitability dropped by -66.42 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -99.96 % Year to Year. EPS decreased by -90.91 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of KOTHARI INDUSTRIAL CORPORATION‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 6.015 Cr Rs. 13.444 Cr Rs. 21.712 Cr + 61.5 % + 260.96 %
Expenses Rs. 7.29 Cr Rs. 13.07 Cr Rs. 21.25 Cr + 62.59 % + 191.5 %
Operating Profit Rs. -1.28 Cr Rs. 0.37 Cr Rs. 0.46 Cr + 24.32 % + 135.94 %
OPM % -21.28 % 2.75 % 2.12 % -0.63 % + 23.4 %
Other Income Rs. 65.646 Cr Rs. 0.184 Cr Rs. 0.247 Cr + 34.24 % -99.62 %
Interest Rs. 0.02 Cr Rs. 0.02 Cr Rs. 0.01 Cr -50 % -50 %
Depreciation Rs. 0.02 Cr Rs. 0.27 Cr Rs. 0.6 Cr + 122.22 % + 2900 %
Profit before tax Rs. 64.33 Cr Rs. 0.26 Cr Rs. 0.1 Cr -61.54 % -99.84 %
Tax % 0 % 0 % 0 % 0 % 0 %
Net Profit Rs. 64.34 Cr Rs. 0.27 Cr Rs. 0.09 Cr -66.67 % -99.86 %
EPS in Rs Rs. 51.53 Rs. 0.22 Rs. 0.02 -90.91 % -99.96 %


Today, we’re looking at KOTHARI INDUSTRIAL CORPORATION’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 260.96 %. However, it did see a marginal increase of 61.5 % from the previous quarter. Expenses ticked up slightly by 62.59 % quarter-on-quarter, aligning with the annual rise of 191.5 %. Operating profit, while up 135.94 % compared to last year, faced a quarter-on-quarter increase of 24.32 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 23.4 %, but a shrinkage of -0.63 % sequentially. Other income rose by 34.24 % compared to the last quarter, despite an annual decline of -99.62 %. Interest expenses dropped significantly by -50 % from the previous quarter, yet the year-over-year decrease remains at a moderate -50 %. Depreciation costs climbed by 122.22 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 2900 %. Profit before tax declined annually by -99.84 % but saw a reduction from the preceding quarter by -61.54 %.
Net profit fell by -99.86 % year-on-year but witnessed a -66.67 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -99.96 % but a quarterly fall of -90.91 %. In summary, KOTHARI INDUSTRIAL CORPORATION’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. 6.015 Cr Rs. 13.444 Cr Rs. 21.712 Cr + 61.5 % + 260.96 %
Expenses Rs. 7.29 Cr Rs. 13.07 Cr Rs. 21.25 Cr + 62.59 % + 191.5 %
Operating Profit Rs. -1.28 Cr Rs. 0.37 Cr Rs. 0.46 Cr + 24.32 % + 135.94 %
Net Profit Rs. 64.34 Cr Rs. 0.27 Cr Rs. 0.09 Cr -66.67 % -99.86 %
EPS in Rs Rs. 51.53 Rs. 0.22 Rs. 0.02 -90.91 % -99.96 %


In reviewing KOTHARI INDUSTRIAL CORPORATION’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 260.96 % year-on-year growth, however, there was a minor increase of 61.5 % from the previous quarter. Expenses rose by 191.5 % compared to the previous year, with a 62.59 % increase quarter-on-quarter. Operating Profit surged by 135.94 % annually, and saw a 24.32 % increase from the last quarter.
Net Profit showed yearly decrease of -99.86 %, and experienced a -66.67 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -99.96 % annually, however dipped by -90.91 % compared to the last quarter. In essence, while KOTHARI INDUSTRIAL CORPORATION 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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