Share the post "Omega Interactive Technologies ‘s Q2 Update: Profit Grows by 825% YoY"
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.
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.
[my_shortcode1 values=”Omega Interactive Technologies Ltd.”]