Share the post "Olympic Cards ‘s Q2 Update: Revenue Decreases by 30.59% 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’s sales declined by -30.59 % over the year, substantial increase in net sales/revenue by 18.67 %.
- Profit over the Year and quarter: Challenges in sustaining profitability for Olympic Cards Limited. Profit dropped by -18.37 % Year to Year, Olympic Cards Limited’s profitability dropped by -36.12 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -19.12 % Year to Year. EPS decreased by -36.78 % 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. 3.334 Cr | Rs. 1.95 Cr | Rs. 2.314 Cr | + 18.67 % | -30.59 % |
Expenses | Rs. 3.58 Cr | Rs. 2.45 Cr | Rs. 2.75 Cr | + 12.24 % | -23.18 % |
Operating Profit | Rs. -0.25 Cr | Rs. -0.5 Cr | Rs. -0.44 Cr | + 12 % | -76 % |
OPM % | -7.5 % | -25.64 % | -19.01 % | + 6.63 % | -11.51 % |
Other Income | Rs. 0.094 Cr | Rs. 0 Cr | Rs. 0.063 Cr | 0 % | -32.98 % |
Interest | Rs. 0.6 Cr | Rs. 0.47 Cr | Rs. 0.36 Cr | -23.4 % | -40 % |
Depreciation | Rs. 0.38 Cr | Rs. 0.33 Cr | Rs. 0.33 Cr | + 0 % | -13.16 % |
Profit before tax | Rs. -1.14 Cr | Rs. -1.3 Cr | Rs. -1.07 Cr | + 17.69 % | + 6.14 % |
Tax % | -1.95 % | -8.62 % | -15.7 % | -7.08 % | -13.75 % |
Net Profit | Rs. -1.11 Cr | Rs. -1.41 Cr | Rs. -0.9 Cr | + 36.17 % | + 18.92 % |
EPS in Rs | Rs. -0.68 | Rs. -0.87 | Rs. -0.55 | + 36.78 % | + 19.12 % |
Today, we’re looking at Olympic Cards 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 -30.59 %. However, it did see a marginal increase of 18.67 % from the previous quarter. Expenses ticked up slightly by 12.24 % quarter-on-quarter, aligning with the annual decline of -23.18 %. Operating profit, while down -76 % compared to last year, faced a quarter-on-quarter increase of 12 %, 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 -11.51 %, but an expansion of 6.63 % sequentially. despite an annual decline of -32.98 %. Interest expenses dropped significantly by -23.4 % from the previous quarter, yet the year-over-year decrease remains at a moderate -40 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -13.16 %. Profit before tax grew annually by 6.14 % but saw an increase from the preceding quarter by 17.69 %.
Tax expenses as a percentage of profits decreased slightly by -13.75 % compared to last year, with a more notable quarter-on-quarter decrease of -7.08 %. Net profit rose by 18.92 % year-on-year but experienced a 36.17 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 19.12 % but a quarterly rise of 36.78 %. In summary, Olympic Cards 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. 3.334 Cr | Rs. 1.95 Cr | Rs. 2.314 Cr | + 18.67 % | -30.59 % |
Expenses | Rs. 3.58 Cr | Rs. 2.45 Cr | Rs. 2.75 Cr | + 12.24 % | -23.18 % |
Operating Profit | Rs. -0.25 Cr | Rs. -0.5 Cr | Rs. -0.44 Cr | + 12 % | -76 % |
Net Profit | Rs. -1.11 Cr | Rs. -1.41 Cr | Rs. -0.9 Cr | + 36.17 % | + 18.92 % |
EPS in Rs | Rs. -0.68 | Rs. -0.87 | Rs. -0.55 | + 36.78 % | + 19.12 % |
In reviewing Olympic Cards Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -30.59 % year-on-year, however, there was a minor increase of 18.67 % from the previous quarter. Expenses decreased by -23.18 % compared to the previous year, with a 12.24 % increase quarter-on-quarter. Operating Profit dropped by -76 % annually, and saw a 12 % increase from the last quarter.
Net Profit showed yearly increase of 18.92 %, and experienced a 36.17 % increase from the previous quarter. Earnings Per Share (EPS) rose by 19.12 % annually, however rose by 36.78 % compared to the last quarter. In essence, while Olympic Cards 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.
[my_shortcode1 values=”Olympic Cards Limited”]