Nandan Denim announces Q2 results: Profit Rises by 7.07% YoY

The comprehensive analytics outlining the performance and outlook of Nandan Denim Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Nandan Denim Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 105.17 %. However, it did see a marginal increase of 17.82 % from the previous quarter. Expenses ticked up slightly by 18.62 % quarter-on-quarter, aligning with the annual rise of 110.89 %. Operating profit, while up 22.01 % compared to last year, faced a quarter-on-quarter increase of 0.93 %, 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 -2.61 %, but a shrinkage of -0.64 % sequentially. Other income fell by -14.16 % compared to the last quarter, despite an annual decline of -52.11 %. Interest expenses dropped significantly by -1.36 % from the previous quarter, yet the year-over-year decrease remains at a moderate -8.42 %. Depreciation costs climbed by 0.07 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 39.92 %. Profit before tax grew annually by 7.24 % but saw an increase from the preceding quarter by 0.88 %.
Tax expenses as a percentage of profits increased slightly by 0.21 % compared to last year, with a more notable quarter-on-quarter decrease of -10.67 %. Net profit rose by 7.07 % year-on-year but experienced a 17.22 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -89.47 % but a quarterly fall of -88.46 %. In summary, Nandan Denim Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Nandan Denim Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 105.17 % year-on-year growth, however, there was a minor increase of 17.82 % from the previous quarter. Expenses rose by 110.89 % compared to the previous year, with a 18.62 % increase quarter-on-quarter. Operating Profit surged by 22.01 % annually, and saw a 0.93 % increase from the last quarter.
Net Profit showed yearly increase of 7.07 %, and experienced a 17.22 % increase from the previous quarter. Earnings Per Share (EPS) fell by -89.47 % annually, however dipped by -88.46 % compared to the last quarter. In essence, while Nandan Denim 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.