Share the post "Nicco Parks And Resorts ‘s Q2 Report: Revenue Falls by 17.45% YoY"
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 -17.45 % over the year, decrease in net sales/revenue by -44.33 %.
- 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 10.31 %. Marginal decrease of -6.11% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Nicco Parks And Resorts Ltd.. Notable increase of 14.16 % in net profit Year to Year, Nicco Parks And Resorts Ltd.’s profitability dropped by -38.13 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 13.73 % Year to Year. EPS decreased by -38.3 % 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. 16.686 Cr | Rs. 24.743 Cr | Rs. 13.774 Cr | -44.33 % | -17.45 % |
Expenses | Rs. 11.98 Cr | Rs. 14.86 Cr | Rs. 10.98 Cr | -26.11 % | -8.35 % |
Operating Profit | Rs. 4.71 Cr | Rs. 9.88 Cr | Rs. 2.79 Cr | -71.76 % | -40.76 % |
OPM % | 28.23 % | 39.93 % | 20.26 % | -19.67 % | -7.97 % |
Other Income | Rs. 2.269 Cr | Rs. 2.666 Cr | Rs. 2.503 Cr | -6.11 % | + 10.31 % |
Interest | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.62 Cr | Rs. 0.58 Cr | Rs. 0.6 Cr | + 3.45 % | -3.23 % |
Profit before tax | Rs. 6.36 Cr | Rs. 11.96 Cr | Rs. 4.69 Cr | -60.79 % | -26.26 % |
Tax % | 30.77 % | 30.87 % | 20.2 % | -10.67 % | -10.57 % |
Net Profit | Rs. 4.76 Cr | Rs. 8.79 Cr | Rs. 5.44 Cr | -38.11 % | + 14.29 % |
EPS in Rs | Rs. 1.02 | Rs. 1.88 | Rs. 1.16 | -38.3 % | + 13.73 % |
Today, we’re looking at Nicco Parks And Resorts Ltd.’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 -17.45 %. However, it did see a marginal slip of -44.33 % from the previous quarter. Expenses decreased slightly by -26.11 % quarter-on-quarter, aligning with the annual decline of -8.35 %. Operating profit, while down -40.76 % compared to last year, faced a quarter-on-quarter dip of -71.76 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -7.97 %, but a shrinkage of -19.67 % sequentially. Other income fell by -6.11 % compared to the last quarter, despite an annual growth of 10.31 %. Depreciation costs climbed by 3.45 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.23 %. Profit before tax declined annually by -26.26 % but saw a reduction from the preceding quarter by -60.79 %.
Tax expenses as a percentage of profits decreased slightly by -10.57 % compared to last year, with a more notable quarter-on-quarter decrease of -10.67 %. Net profit rose by 14.29 % year-on-year but witnessed a -38.11 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 13.73 % but a quarterly fall of -38.3 %. In summary, Nicco Parks And Resorts 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. 16.686 Cr | Rs. 24.743 Cr | Rs. 13.774 Cr | -44.33 % | -17.45 % |
Expenses | Rs. 11.98 Cr | Rs. 14.86 Cr | Rs. 10.98 Cr | -26.11 % | -8.35 % |
Operating Profit | Rs. 4.71 Cr | Rs. 9.88 Cr | Rs. 2.79 Cr | -71.76 % | -40.76 % |
Net Profit | Rs. 4.76 Cr | Rs. 8.79 Cr | Rs. 5.44 Cr | -38.11 % | + 14.29 % |
EPS in Rs | Rs. 1.02 | Rs. 1.88 | Rs. 1.16 | -38.3 % | + 13.73 % |
In reviewing Nicco Parks And Resorts Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.45 % year-on-year, although there was a slight dip of -44.33 % from the previous quarter. Expenses decreased by -8.35 % compared to the previous year, with a decrease of -26.11 % quarter-on-quarter. Operating Profit dropped by -40.76 % annually, and saw a -71.76 % decrease from the last quarter.
Net Profit showed yearly increase of 14.29 %, and experienced a -38.11 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 13.73 % annually, however dipped by -38.3 % compared to the last quarter. In essence, while Nicco Parks And Resorts Ltd. 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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