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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 -27.14 % over the year, decrease in net sales/revenue by -14.01 %.
- 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 2471.43 %. Marginal increase in other income during this quarter, up by 619.65%.
- Profit over the Year and quarter: Significant improvement in profitability for LORENZINI APPARELS LIMITED. Notable increase of 552.2 % in net profit Year to Year, LORENZINI APPARELS LIMITED’s profitability increased by 555.01 % in this quarter.
- EPS over the Year and quarter: EPS declined by -61.96 % Year to Year. EPS increased by 483.33 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 17.912 Cr | Rs. 15.177 Cr | Rs. 13.051 Cr | -14.01 % | -27.14 % |
| Expenses | Rs. 14.46 Cr | Rs. 13.78 Cr | Rs. 11.25 Cr | -18.36 % | -22.2 % |
| Operating Profit | Rs. 3.45 Cr | Rs. 1.4 Cr | Rs. 1.8 Cr | + 28.57 % | -47.83 % |
| OPM % | 19.26 % | 9.22 % | 13.79 % | + 4.57 % | -5.47 % |
| Other Income | Rs. 0.581 Cr | Rs. 2.076 Cr | Rs. 14.94 Cr | + 619.65 % | + 2471.43 % |
| Interest | Rs. 0.31 Cr | Rs. 0.41 Cr | Rs. 0.26 Cr | -36.59 % | -16.13 % |
| Depreciation | Rs. 0.78 Cr | Rs. 0.78 Cr | Rs. 0.52 Cr | -33.33 % | -33.33 % |
| Profit before tax | Rs. 2.94 Cr | Rs. 2.29 Cr | Rs. 15.96 Cr | + 596.94 % | + 442.86 % |
| Tax % | 36.4 % | 18.69 % | 23.76 % | + 5.07 % | -12.64 % |
| Net Profit | Rs. 1.87 Cr | Rs. 1.86 Cr | Rs. 12.17 Cr | + 554.3 % | + 550.8 % |
| EPS in Rs | Rs. 1.84 | Rs. 0.12 | Rs. 0.7 | + 483.33 % | -61.96 % |
Today, we’re looking at LORENZINI APPARELS 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 -27.14 %. However, it did see a marginal slip of -14.01 % from the previous quarter. Expenses decreased slightly by -18.36 % quarter-on-quarter, aligning with the annual decline of -22.2 %. Operating profit, while down -47.83 % compared to last year, faced a quarter-on-quarter increase of 28.57 %, 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 -5.47 %, but an expansion of 4.57 % sequentially. Other income rose by 619.65 % compared to the last quarter, despite an annual growth of 2471.43 %. Interest expenses dropped significantly by -36.59 % from the previous quarter, yet the year-over-year decrease remains at a moderate -16.13 %. Depreciation costs fell by -33.33 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -33.33 %. Profit before tax grew annually by 442.86 % but saw an increase from the preceding quarter by 596.94 %.
Tax expenses as a percentage of profits decreased slightly by -12.64 % compared to last year, with a more notable quarter-on-quarter increase of 5.07 %. Net profit rose by 550.8 % year-on-year but experienced a 554.3 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -61.96 % but a quarterly rise of 483.33 %. In summary, LORENZINI APPARELS 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. 17.912 Cr | Rs. 15.177 Cr | Rs. 13.051 Cr | -14.01 % | -27.14 % |
| Expenses | Rs. 14.46 Cr | Rs. 13.78 Cr | Rs. 11.25 Cr | -18.36 % | -22.2 % |
| Operating Profit | Rs. 3.45 Cr | Rs. 1.4 Cr | Rs. 1.8 Cr | + 28.57 % | -47.83 % |
| Net Profit | Rs. 1.87 Cr | Rs. 1.86 Cr | Rs. 12.17 Cr | + 554.3 % | + 550.8 % |
| EPS in Rs | Rs. 1.84 | Rs. 0.12 | Rs. 0.7 | + 483.33 % | -61.96 % |
In reviewing LORENZINI APPARELS LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -27.14 % year-on-year, although there was a slight dip of -14.01 % from the previous quarter. Expenses decreased by -22.2 % compared to the previous year, with a decrease of -18.36 % quarter-on-quarter. Operating Profit dropped by -47.83 % annually, and saw a 28.57 % increase from the last quarter.
Net Profit showed yearly increase of 550.8 %, and experienced a 554.3 % increase from the previous quarter. Earnings Per Share (EPS) fell by -61.96 % annually, however rose by 483.33 % compared to the last quarter. In essence, while LORENZINI APPARELS LIMITED exhibits strong annual growth 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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