Share the post "NGIndustries ‘s Latest Q2 Report: Profit Up by 364.06% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 1.15 % in the past year, substantial increase in net sales/revenue by 18.37 %.
- 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 810.54 %. Marginal increase in other income during this quarter, up by 898.75%.
- Profit over the Year and quarter: Significant improvement in profitability for N.G.Industries Ltd.. Notable increase of 362.71 % in net profit Year to Year, N.G.Industries Ltd.’s profitability increased by 496.78 % in this quarter.
- EPS over the Year and quarter: EPS increased by 363.35 % Year to Year. EPS increased by 497.97 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 4.331 Cr | Rs. 3.701 Cr | Rs. 4.381 Cr | + 18.37 % | + 1.15 % |
Expenses | Rs. 3.81 Cr | Rs. 3.31 Cr | Rs. 3.93 Cr | + 18.73 % | + 3.15 % |
Operating Profit | Rs. 0.52 Cr | Rs. 0.39 Cr | Rs. 0.45 Cr | + 15.38 % | -13.46 % |
OPM % | 12.01 % | 10.54 % | 10.27 % | -0.27 % | -1.74 % |
Other Income | Rs. 0.351 Cr | Rs. 0.32 Cr | Rs. 3.196 Cr | + 898.75 % | + 810.54 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0.01 Cr | 0 % | 0 % |
Depreciation | Rs. 0.18 Cr | Rs. 0.14 Cr | Rs. 0.15 Cr | + 7.14 % | -16.67 % |
Profit before tax | Rs. 0.69 Cr | Rs. 0.57 Cr | Rs. 3.49 Cr | + 512.28 % | + 405.8 % |
Tax % | 8.05 % | 12.35 % | 15.01 % | + 2.66 % | + 6.96 % |
Net Profit | Rs. 0.64 Cr | Rs. 0.5 Cr | Rs. 2.97 Cr | + 494 % | + 364.06 % |
EPS in Rs | Rs. 1.91 | Rs. 1.48 | Rs. 8.85 | + 497.97 % | + 363.35 % |
Today, we’re looking at N.G.Industries Ltd.’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 1.15 %. However, it did see a marginal increase of 18.37 % from the previous quarter. Expenses ticked up slightly by 18.73 % quarter-on-quarter, aligning with the annual rise of 3.15 %. Operating profit, while down -13.46 % compared to last year, faced a quarter-on-quarter increase of 15.38 %, 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 -1.74 %, but a shrinkage of -0.27 % sequentially. Other income rose by 898.75 % compared to the last quarter, despite an annual growth of 810.54 %. Depreciation costs climbed by 7.14 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -16.67 %. Profit before tax grew annually by 405.8 % but saw an increase from the preceding quarter by 512.28 %.
Tax expenses as a percentage of profits increased slightly by 6.96 % compared to last year, with a more notable quarter-on-quarter increase of 2.66 %. Net profit rose by 364.06 % year-on-year but experienced a 494 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 363.35 % but a quarterly rise of 497.97 %. In summary, N.G.Industries 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. 4.331 Cr | Rs. 3.701 Cr | Rs. 4.381 Cr | + 18.37 % | + 1.15 % |
Expenses | Rs. 3.81 Cr | Rs. 3.31 Cr | Rs. 3.93 Cr | + 18.73 % | + 3.15 % |
Operating Profit | Rs. 0.52 Cr | Rs. 0.39 Cr | Rs. 0.45 Cr | + 15.38 % | -13.46 % |
Net Profit | Rs. 0.64 Cr | Rs. 0.5 Cr | Rs. 2.97 Cr | + 494 % | + 364.06 % |
EPS in Rs | Rs. 1.91 | Rs. 1.48 | Rs. 8.85 | + 497.97 % | + 363.35 % |
In reviewing N.G.Industries Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.15 % year-on-year growth, however, there was a minor increase of 18.37 % from the previous quarter. Expenses rose by 3.15 % compared to the previous year, with a 18.73 % increase quarter-on-quarter. Operating Profit dropped by -13.46 % annually, and saw a 15.38 % increase from the last quarter.
Net Profit showed yearly increase of 364.06 %, and experienced a 494 % increase from the previous quarter. Earnings Per Share (EPS) rose by 363.35 % annually, however rose by 497.97 % compared to the last quarter. In essence, while N.G.Industries Ltd. 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.
[my_shortcode1 values=”N.G.Industries Ltd.”]