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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 -21.58 % over the year, decrease in net sales/revenue by -54.36 %.
- 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 228.88 %. Marginal increase in other income during this quarter, up by 18.19%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Kriti Industries (India) Limited. Profit dropped by -241.85 % Year to Year, Kriti Industries (India) Limited’s profitability dropped by -125.72 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -241.18 % Year to Year. EPS decreased by -125.81 % 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. 149.66 Cr | Rs. 257.162 Cr | Rs. 117.362 Cr | -54.36 % | -21.58 % |
Expenses | Rs. 139.31 Cr | Rs. 232.86 Cr | Rs. 112.2 Cr | -51.82 % | -19.46 % |
Operating Profit | Rs. 10.35 Cr | Rs. 24.3 Cr | Rs. 5.16 Cr | -78.77 % | -50.14 % |
OPM % | 6.92 % | 9.45 % | 4.4 % | -5.05 % | -2.52 % |
Other Income | Rs. 0.322 Cr | Rs. 0.896 Cr | Rs. 1.059 Cr | + 18.19 % | + 228.88 % |
Interest | Rs. 4.65 Cr | Rs. 5.59 Cr | Rs. 5.81 Cr | + 3.94 % | + 24.95 % |
Depreciation | Rs. 2.97 Cr | Rs. 3.39 Cr | Rs. 3.34 Cr | -1.47 % | + 12.46 % |
Profit before tax | Rs. 3.05 Cr | Rs. 16.22 Cr | Rs. -2.93 Cr | -118.06 % | -196.07 % |
Tax % | 17.91 % | 15.14 % | -22.45 % | -37.59 % | -40.36 % |
Net Profit | Rs. 2.51 Cr | Rs. 13.84 Cr | Rs. -3.56 Cr | -125.72 % | -241.83 % |
EPS in Rs | Rs. 0.51 | Rs. 2.79 | Rs. -0.63 | -122.58 % | -223.53 % |
Today, we’re looking at Kriti Industries (India) Limited’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 -21.58 %. However, it did see a marginal slip of -54.36 % from the previous quarter. Expenses decreased slightly by -51.82 % quarter-on-quarter, aligning with the annual decline of -19.46 %. Operating profit, while down -50.14 % compared to last year, faced a quarter-on-quarter dip of -78.77 %, 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 -2.52 %, but a shrinkage of -5.05 % sequentially. Other income rose by 18.19 % compared to the last quarter, despite an annual growth of 228.88 %. Interest expenses surged remarkably by 3.94 % from the previous quarter, yet the year-over-year increase remains at a moderate 24.95 %. Depreciation costs fell by -1.47 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.46 %. Profit before tax declined annually by -196.07 % but saw a reduction from the preceding quarter by -118.06 %.
Tax expenses as a percentage of profits decreased slightly by -40.36 % compared to last year, with a more notable quarter-on-quarter decrease of -37.59 %. Net profit fell by -241.83 % year-on-year but witnessed a -125.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -223.53 % but a quarterly fall of -122.58 %. In summary, Kriti Industries (India) 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. 149.66 Cr | Rs. 257.162 Cr | Rs. 117.362 Cr | -54.36 % | -21.58 % |
Expenses | Rs. 139.31 Cr | Rs. 232.86 Cr | Rs. 112.2 Cr | -51.82 % | -19.46 % |
Operating Profit | Rs. 10.35 Cr | Rs. 24.3 Cr | Rs. 5.16 Cr | -78.77 % | -50.14 % |
Net Profit | Rs. 2.51 Cr | Rs. 13.84 Cr | Rs. -3.56 Cr | -125.72 % | -241.83 % |
EPS in Rs | Rs. 0.51 | Rs. 2.79 | Rs. -0.63 | -122.58 % | -223.53 % |
In reviewing Kriti Industries (India) Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -21.58 % year-on-year, although there was a slight dip of -54.36 % from the previous quarter. Expenses decreased by -19.46 % compared to the previous year, with a decrease of -51.82 % quarter-on-quarter. Operating Profit dropped by -50.14 % annually, and saw a -78.77 % decrease from the last quarter.
Net Profit showed yearly decrease of -241.83 %, and experienced a -125.72 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -223.53 % annually, however dipped by -122.58 % compared to the last quarter. In essence, while Kriti Industries (India) Limited 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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