One 97 Communications ‘s Q2 Update: Revenue Decreases by 36.12% Year-on-Year

The comprehensive analytics outlining the performance and outlook of One 97 Communications Limited‘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.

Today, we’re looking at One 97 Communications Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -36.12 %. However, it did see a marginal increase of 10.12 % from the previous quarter. Expenses decreased slightly by -12.17 % quarter-on-quarter, aligning with the annual decline of -24.93 %. Operating profit, while down -58.49 % compared to last year, faced a quarter-on-quarter increase of 45.39 %, 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 -19.85 %, but an expansion of 33.82 % sequentially. Other income rose by 1034.58 % compared to the last quarter, despite an annual growth of 1036.4 %. Interest expenses dropped significantly by -10 % from the previous quarter, yet the year-over-year decrease remains at a moderate -46.27 %. Depreciation costs fell by -0.29 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.02 %. Profit before tax grew annually by 353.75 % but saw an increase from the preceding quarter by 199.61 %.
Net profit rose by 353.75 % year-on-year but experienced a 199.61 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 353 % but a quarterly rise of 197.31 %. In summary, One 97 Communications Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing One 97 Communications Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -36.12 % year-on-year, however, there was a minor increase of 10.12 % from the previous quarter. Expenses decreased by -24.93 % compared to the previous year, with a decrease of -12.17 % quarter-on-quarter. Operating Profit dropped by -58.49 % annually, and saw a 45.39 % increase from the last quarter.
Net Profit showed yearly increase of 353.75 %, and experienced a 199.61 % increase from the previous quarter. Earnings Per Share (EPS) rose by 353 % annually, however rose by 197.31 % compared to the last quarter. In essence, while One 97 Communications 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.