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Omega Interactive Technologies ‘s Q2 Update: Profit Grows by 825% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • Income over the Year and quarter: Marginal increase in other income during this quarter, up by 2.34%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Omega Interactive Technologies Ltd.. Profit dropped by -772.09 % Year to Year, Omega Interactive Technologies Ltd.’s profitability increased by 12.89 % in this quarter.
  • EPS over the Year and quarter: EPS declined by -311.49 % Year to Year. EPS increased by 12.2 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Omega Interactive Technologies Ltd.‘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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 0 Cr Rs. 0 Cr Rs. 0.021 Cr 0 % 0 %
Expenses Rs. 0.04 Cr Rs. 0.08 Cr Rs. 0.06 Cr -25 % + 50 %
Operating Profit Rs. -0.04 Cr Rs. -0.08 Cr Rs. -0.04 Cr + 50 % + 0 %
OPM % 0 % 0 % -190.48 % -190.48 % -190.48 %
Other Income Rs. 0 Cr Rs. 0.598 Cr Rs. 0.612 Cr + 2.34 % 0 %
Interest Rs. 0 Cr Rs. 0.18 Cr Rs. 0.19 Cr + 5.56 % 0 %
Depreciation Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. -0.04 Cr Rs. 0.34 Cr Rs. 0.38 Cr + 11.76 % + 1050 %
Tax % -0 % 25.15 % 25.13 % -0.02 % + 25.13 %
Net Profit Rs. -0.04 Cr Rs. 0.26 Cr Rs. 0.29 Cr + 11.54 % + 825 %
EPS in Rs Rs. -0.87 Rs. 1.64 Rs. 1.84 + 12.2 % + 311.49 %


Today, we’re looking at Omega Interactive Technologies Ltd.’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -25 % quarter-on-quarter, aligning with the annual rise of 50 %. Operating profit, while up 0 % compared to last year, faced a quarter-on-quarter increase of 50 %, 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 -190.48 %, but a shrinkage of -190.48 % sequentially. Other income rose by 2.34 % compared to the last quarter, Interest expenses surged remarkably by 5.56 % from the previous quarter, Profit before tax grew annually by 1050 % but saw an increase from the preceding quarter by 11.76 %.
Tax expenses as a percentage of profits increased slightly by 25.13 % compared to last year, with a more notable quarter-on-quarter decrease of -0.02 %. Net profit rose by 825 % year-on-year but experienced a 11.54 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 311.49 % but a quarterly rise of 12.2 %. In summary, Omega Interactive Technologies 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. 0 Cr Rs. 0 Cr Rs. 0.021 Cr 0 % 0 %
Expenses Rs. 0.04 Cr Rs. 0.08 Cr Rs. 0.06 Cr -25 % + 50 %
Operating Profit Rs. -0.04 Cr Rs. -0.08 Cr Rs. -0.04 Cr + 50 % + 0 %
Net Profit Rs. -0.04 Cr Rs. 0.26 Cr Rs. 0.29 Cr + 11.54 % + 825 %
EPS in Rs Rs. -0.87 Rs. 1.64 Rs. 1.84 + 12.2 % + 311.49 %


In reviewing Omega Interactive Technologies Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 50 % compared to the previous year, with a decrease of -25 % quarter-on-quarter. Operating Profit surged by 0 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly increase of 825 %, and experienced a 11.54 % increase from the previous quarter. Earnings Per Share (EPS) rose by 311.49 % annually, however rose by 12.2 % compared to the last quarter. In essence, while Omega Interactive Technologies Ltd. faces strong annual decline 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.

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