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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 -18.76 % over the year, substantial increase in net sales/revenue by 3.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -90.98 %, Marginal decrease of -98.92% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for LGB Forge Limited. Profit dropped by -49.48 % Year to Year, LGB Forge Limited’s profitability dropped by -281.2 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -42.86 % Year to Year. EPS decreased by -300 % 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. 28.777 Cr | Rs. 22.53 Cr | Rs. 23.379 Cr | + 3.77 % | -18.76 % |
Expenses | Rs. 28.66 Cr | Rs. 22.94 Cr | Rs. 23.04 Cr | + 0.44 % | -19.61 % |
Operating Profit | Rs. 0.12 Cr | Rs. -0.41 Cr | Rs. 0.34 Cr | + 182.93 % | + 183.33 % |
OPM % | 0.42 % | -1.82 % | 1.45 % | + 3.27 % | + 1.03 % |
Other Income | Rs. 0.266 Cr | Rs. 2.231 Cr | Rs. 0.024 Cr | -98.92 % | -90.98 % |
Interest | Rs. 0.99 Cr | Rs. 0.67 Cr | Rs. 0.55 Cr | -17.91 % | -44.44 % |
Depreciation | Rs. 1.13 Cr | Rs. 0.67 Cr | Rs. 0.69 Cr | + 2.99 % | -38.94 % |
Profit before tax | Rs. -1.73 Cr | Rs. 0.48 Cr | Rs. -0.88 Cr | -283.33 % | + 49.13 % |
Tax % | -0 % | 0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -1.74 Cr | Rs. 0.48 Cr | Rs. -0.88 Cr | -283.33 % | + 49.43 % |
EPS in Rs | Rs. -0.07 | Rs. 0.02 | Rs. -0.04 | -300 % | + 42.86 % |
Today, we’re looking at LGB Forge 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 -18.76 %. However, it did see a marginal increase of 3.77 % from the previous quarter. Expenses ticked up slightly by 0.44 % quarter-on-quarter, aligning with the annual decline of -19.61 %. Operating profit, while up 183.33 % compared to last year, faced a quarter-on-quarter increase of 182.93 %, 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 1.03 %, but an expansion of 3.27 % sequentially. Other income fell by -98.92 % compared to the last quarter, despite an annual decline of -90.98 %. Interest expenses dropped significantly by -17.91 % from the previous quarter, yet the year-over-year decrease remains at a moderate -44.44 %. Depreciation costs climbed by 2.99 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -38.94 %. Profit before tax grew annually by 49.13 % but saw a reduction from the preceding quarter by -283.33 %.
Net profit rose by 49.43 % year-on-year but witnessed a -283.33 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 42.86 % but a quarterly fall of -300 %. In summary, LGB Forge 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. 28.777 Cr | Rs. 22.53 Cr | Rs. 23.379 Cr | + 3.77 % | -18.76 % |
Expenses | Rs. 28.66 Cr | Rs. 22.94 Cr | Rs. 23.04 Cr | + 0.44 % | -19.61 % |
Operating Profit | Rs. 0.12 Cr | Rs. -0.41 Cr | Rs. 0.34 Cr | + 182.93 % | + 183.33 % |
Net Profit | Rs. -1.74 Cr | Rs. 0.48 Cr | Rs. -0.88 Cr | -283.33 % | + 49.43 % |
EPS in Rs | Rs. -0.07 | Rs. 0.02 | Rs. -0.04 | -300 % | + 42.86 % |
In reviewing LGB Forge Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -18.76 % year-on-year, however, there was a minor increase of 3.77 % from the previous quarter. Expenses decreased by -19.61 % compared to the previous year, with a 0.44 % increase quarter-on-quarter. Operating Profit surged by 183.33 % annually, and saw a 182.93 % increase from the last quarter.
Net Profit showed yearly increase of 49.43 %, and experienced a -283.33 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 42.86 % annually, however dipped by -300 % compared to the last quarter. In essence, while LGB Forge Limited exhibits strong annual growth 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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