Share the post "Nova Agritech ‘s Q3 2024-25 Latest News: Profit Up by 9.54% Year-on-Year"
Highlights
🔹 The presented financial data is Consolidated to provide a comprehensive overview of the company performance. 🔹 Sales over the Year and quarter: The company experienced a substantial growth of 12.37 % in the past year, substantial increase in net sales/revenue by 6.65 %. 🔹 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 9600 %. Marginal decrease of -60.49% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Nova Agritech Limited. Notable increase of 9.49 % in net profit Year to Year, Nova Agritech Limited’s profitability increased by 55.86 % in this quarter. 🔹 EPS over the Year and quarter: EPS declined by -24.03 % Year to Year. EPS increased by 56 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 78.484 Cr | Rs. 82.688 Cr | Rs. 88.189 Cr | + 6.65 % | + 12.37 % |
Expenses | Rs. 63.44 Cr | Rs. 70.82 Cr | Rs. 72.84 Cr | + 2.85 % | + 14.82 % |
Operating Profit | Rs. 15.04 Cr | Rs. 11.87 Cr | Rs. 15.35 Cr | + 29.32 % | + 2.06 % |
OPM % | 19.16 % | 14.36 % | 17.41 % | + 3.05 % | -1.75 % |
Other Income | Rs. 0.002 Cr | Rs. 0.491 Cr | Rs. 0.194 Cr | -60.49 % | + 9600 % |
Interest | Rs. 2.23 Cr | Rs. 1.55 Cr | Rs. 1.14 Cr | -26.45 % | -48.88 % |
Depreciation | Rs. 0.52 Cr | Rs. 0.47 Cr | Rs. 0.48 Cr | + 2.13 % | -7.69 % |
Profit before tax | Rs. 12.29 Cr | Rs. 10.34 Cr | Rs. 13.92 Cr | + 34.62 % | + 13.26 % |
Tax % | 21.6 % | 34.5 % | 24.2 % | -10.3 % | + 2.6 % |
Net Profit | Rs. 9.64 Cr | Rs. 6.77 Cr | Rs. 10.56 Cr | + 55.98 % | + 9.54 % |
EPS in Rs | Rs. 1.54 | Rs. 0.75 | Rs. 1.17 | + 56 % | -24.03 % |
Today, we’re looking at Nova Agritech Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 12.37 %. However, it did see a marginal increase of 6.65 % from the previous quarter. Expenses ticked up slightly by 2.85 % quarter-on-quarter, aligning with the annual rise of 14.82 %. Operating profit, while up 2.06 % compared to last year, faced a quarter-on-quarter increase of 29.32 %, 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 -1.75 %, but an expansion of 3.05 % sequentially. Other income fell by -60.49 % compared to the last quarter, despite an annual growth of 9600 %. Interest expenses dropped significantly by -26.45 % from the previous quarter, yet the year-over-year decrease remains at a moderate -48.88 %. Depreciation costs climbed by 2.13 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.69 %. Profit before tax grew annually by 13.26 % but saw an increase from the preceding quarter by 34.62 %.
Tax expenses as a percentage of profits increased slightly by 2.6 % compared to last year, with a more notable quarter-on-quarter decrease of -10.3 %. Net profit rose by 9.54 % year-on-year but experienced a 55.98 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -24.03 % but a quarterly rise of 56 %. In summary, Nova Agritech 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. 78.484 Cr | Rs. 82.688 Cr | Rs. 88.189 Cr | + 6.65 % | + 12.37 % |
Expenses | Rs. 63.44 Cr | Rs. 70.82 Cr | Rs. 72.84 Cr | + 2.85 % | + 14.82 % |
Operating Profit | Rs. 15.04 Cr | Rs. 11.87 Cr | Rs. 15.35 Cr | + 29.32 % | + 2.06 % |
Net Profit | Rs. 9.64 Cr | Rs. 6.77 Cr | Rs. 10.56 Cr | + 55.98 % | + 9.54 % |
EPS in Rs | Rs. 1.54 | Rs. 0.75 | Rs. 1.17 | + 56 % | -24.03 % |
In reviewing Nova Agritech Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 12.37 % year-on-year growth, however, there was a minor increase of 6.65 % from the previous quarter. Expenses rose by 14.82 % compared to the previous year, with a 2.85 % increase quarter-on-quarter. Operating Profit surged by 2.06 % annually, and saw a 29.32 % increase from the last quarter.
Net Profit showed yearly increase of 9.54 %, and experienced a 55.98 % increase from the previous quarter. Earnings Per Share (EPS) fell by -24.03 % annually, however rose by 56 % compared to the last quarter. In essence, while Nova Agritech 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.