Share the post "Laurus Labs ‘s Q2 Update: Profit Falls by 46.26% Year-on-Year"
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 -0.06 % over the year, substantial increase in net sales/revenue by 2.41 %.
- 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 158.43 %. Marginal increase in other income during this quarter, up by 83.27%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Laurus Labs Limited. Profit dropped by -46.26 % Year to Year, Laurus Labs Limited’s profitability increased by 57.33 % in this quarter.
- EPS over the Year and quarter: EPS declined by -46.38 % Year to Year. EPS increased by 60.87 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1224.45 Cr | Rs. 1194.91 Cr | Rs. 1223.7 Cr | + 2.41 % | -0.06 % |
Expenses | Rs. 1038.78 Cr | Rs. 1023.71 Cr | Rs. 1045.37 Cr | + 2.12 % | + 0.63 % |
Operating Profit | Rs. 185.67 Cr | Rs. 171.2 Cr | Rs. 178.33 Cr | + 4.16 % | -3.95 % |
OPM % | 15.16 % | 14.33 % | 14.57 % | + 0.24 % | -0.59 % |
Other Income | Rs. 1.78 Cr | Rs. 2.51 Cr | Rs. 4.6 Cr | + 83.27 % | + 158.43 % |
Interest | Rs. 42.39 Cr | Rs. 49.19 Cr | Rs. 52.61 Cr | + 6.95 % | + 24.11 % |
Depreciation | Rs. 93.37 Cr | Rs. 106.06 Cr | Rs. 107.51 Cr | + 1.37 % | + 15.14 % |
Profit before tax | Rs. 51.69 Cr | Rs. 18.46 Cr | Rs. 22.81 Cr | + 23.56 % | -55.87 % |
Tax % | 27.04 % | 33.86 % | 22.31 % | -11.55 % | -4.73 % |
Net Profit | Rs. 37.12 Cr | Rs. 12.68 Cr | Rs. 19.95 Cr | + 57.33 % | -46.26 % |
EPS in Rs | Rs. 0.68 | Rs. 0.23 | Rs. 0.37 | + 60.87 % | -45.59 % |
Today, we’re looking at Laurus Labs 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 -0.06 %. However, it did see a marginal increase of 2.41 % from the previous quarter. Expenses ticked up slightly by 2.12 % quarter-on-quarter, aligning with the annual rise of 0.63 %. Operating profit, while down -3.95 % compared to last year, faced a quarter-on-quarter increase of 4.16 %, 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 -0.59 %, but an expansion of 0.24 % sequentially. Other income rose by 83.27 % compared to the last quarter, despite an annual growth of 158.43 %. Interest expenses surged remarkably by 6.95 % from the previous quarter, yet the year-over-year increase remains at a moderate 24.11 %. Depreciation costs climbed by 1.37 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 15.14 %. Profit before tax declined annually by -55.87 % but saw an increase from the preceding quarter by 23.56 %.
Tax expenses as a percentage of profits decreased slightly by -4.73 % compared to last year, with a more notable quarter-on-quarter decrease of -11.55 %. Net profit fell by -46.26 % year-on-year but experienced a 57.33 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -45.59 % but a quarterly rise of 60.87 %. In summary, Laurus Labs 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. 1224.45 Cr | Rs. 1194.91 Cr | Rs. 1223.7 Cr | + 2.41 % | -0.06 % |
Expenses | Rs. 1038.78 Cr | Rs. 1023.71 Cr | Rs. 1045.37 Cr | + 2.12 % | + 0.63 % |
Operating Profit | Rs. 185.67 Cr | Rs. 171.2 Cr | Rs. 178.33 Cr | + 4.16 % | -3.95 % |
Net Profit | Rs. 37.12 Cr | Rs. 12.68 Cr | Rs. 19.95 Cr | + 57.33 % | -46.26 % |
EPS in Rs | Rs. 0.68 | Rs. 0.23 | Rs. 0.37 | + 60.87 % | -45.59 % |
In reviewing Laurus Labs Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.06 % year-on-year, however, there was a minor increase of 2.41 % from the previous quarter. Expenses rose by 0.63 % compared to the previous year, with a 2.12 % increase quarter-on-quarter. Operating Profit dropped by -3.95 % annually, and saw a 4.16 % increase from the last quarter.
Net Profit showed yearly decrease of -46.26 %, and experienced a 57.33 % increase from the previous quarter. Earnings Per Share (EPS) fell by -45.59 % annually, however rose by 60.87 % compared to the last quarter. In essence, while Laurus Labs Limited 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.
[my_shortcode1 values=”Laurus Labs Limited”]