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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 -7.91 % over the year, substantial increase in net sales/revenue by 1.76 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -49.71 %, Marginal decrease of -11.78% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Lakshmi Automatic Loom Works Ltd.,. Profit dropped by -10.46 % Year to Year, Lakshmi Automatic Loom Works Ltd.,’s profitability increased by 85.66 % in this quarter.
- EPS over the Year and quarter: EPS declined by -10.48 % Year to Year. EPS increased by 85.51 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 3.577 Cr | Rs. 3.237 Cr | Rs. 3.294 Cr | + 1.76 % | -7.91 % |
Expenses | Rs. 2.74 Cr | Rs. 2.61 Cr | Rs. 2.64 Cr | + 1.15 % | -3.65 % |
Operating Profit | Rs. 0.84 Cr | Rs. 0.63 Cr | Rs. 0.65 Cr | + 3.17 % | -22.62 % |
OPM % | 23.48 % | 19.46 % | 19.73 % | + 0.27 % | -3.75 % |
Other Income | Rs. 0.521 Cr | Rs. 0.297 Cr | Rs. 0.262 Cr | -11.78 % | -49.71 % |
Interest | Rs. 0.2 Cr | Rs. 0.19 Cr | Rs. 0.19 Cr | + 0 % | -5 % |
Depreciation | Rs. 0.29 Cr | Rs. 0.3 Cr | Rs. 0.3 Cr | + 0 % | + 3.45 % |
Profit before tax | Rs. 0.87 Cr | Rs. 0.44 Cr | Rs. 0.42 Cr | -4.55 % | -51.72 % |
Tax % | 31.37 % | 33.8 % | 24.59 % | -9.21 % | -6.78 % |
Net Profit | Rs. 0.59 Cr | Rs. 0.29 Cr | Rs. 0.53 Cr | + 82.76 % | -10.17 % |
EPS in Rs | Rs. 8.87 | Rs. 4.28 | Rs. 7.94 | + 85.51 % | -10.48 % |
Today, we’re looking at Lakshmi Automatic Loom Works 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 -7.91 %. However, it did see a marginal increase of 1.76 % from the previous quarter. Expenses ticked up slightly by 1.15 % quarter-on-quarter, aligning with the annual decline of -3.65 %. Operating profit, while down -22.62 % compared to last year, faced a quarter-on-quarter increase of 3.17 %, 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 -3.75 %, but an expansion of 0.27 % sequentially. Other income fell by -11.78 % compared to the last quarter, despite an annual decline of -49.71 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -5 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.45 %. Profit before tax declined annually by -51.72 % but saw a reduction from the preceding quarter by -4.55 %.
Tax expenses as a percentage of profits decreased slightly by -6.78 % compared to last year, with a more notable quarter-on-quarter decrease of -9.21 %. Net profit fell by -10.17 % year-on-year but experienced a 82.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -10.48 % but a quarterly rise of 85.51 %. In summary, Lakshmi Automatic Loom Works 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. 3.577 Cr | Rs. 3.237 Cr | Rs. 3.294 Cr | + 1.76 % | -7.91 % |
Expenses | Rs. 2.74 Cr | Rs. 2.61 Cr | Rs. 2.64 Cr | + 1.15 % | -3.65 % |
Operating Profit | Rs. 0.84 Cr | Rs. 0.63 Cr | Rs. 0.65 Cr | + 3.17 % | -22.62 % |
Net Profit | Rs. 0.59 Cr | Rs. 0.29 Cr | Rs. 0.53 Cr | + 82.76 % | -10.17 % |
EPS in Rs | Rs. 8.87 | Rs. 4.28 | Rs. 7.94 | + 85.51 % | -10.48 % |
In reviewing Lakshmi Automatic Loom Works Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -7.91 % year-on-year, however, there was a minor increase of 1.76 % from the previous quarter. Expenses decreased by -3.65 % compared to the previous year, with a 1.15 % increase quarter-on-quarter. Operating Profit dropped by -22.62 % annually, and saw a 3.17 % increase from the last quarter.
Net Profit showed yearly decrease of -10.17 %, and experienced a 82.76 % increase from the previous quarter. Earnings Per Share (EPS) fell by -10.48 % annually, however rose by 85.51 % compared to the last quarter. In essence, while Lakshmi Automatic Loom Works 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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