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Share the post "ORTIN GLOBAL announces Q2 results: Profit Rises by 58.04% YoY"
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 -78.85 % over the year, decrease in net sales/revenue by -73.68 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -133.33 %, Marginal decrease of -166.67% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for ORTIN GLOBAL LIMITED. Profit dropped by -57.89 % Year to Year, ORTIN GLOBAL LIMITED’s profitability increased by 358.25 % in this quarter.
- EPS over the Year and quarter: EPS declined by -57.97 % Year to Year. EPS increased by 346.15 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.26 Cr | Rs. 0.209 Cr | Rs. 0.055 Cr | -73.68 % | -78.85 % |
| Expenses | Rs. 1.16 Cr | Rs. 0.31 Cr | Rs. 0.5 Cr | + 61.29 % | -56.9 % |
| Operating Profit | Rs. -0.9 Cr | Rs. -0.1 Cr | Rs. -0.45 Cr | -350 % | + 50 % |
| OPM % | -346.15 % | -47.85 % | -818.18 % | -770.33 % | -472.03 % |
| Other Income | Rs. 0.006 Cr | Rs. 0.003 Cr | Rs. -0.002 Cr | -166.67 % | -133.33 % |
| Interest | Rs. 0.15 Cr | Rs. 0 Cr | Rs. 0.02 Cr | 0 % | -86.67 % |
| Depreciation | Rs. 0.06 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -83.33 % |
| Profit before tax | Rs. -1.1 Cr | Rs. -0.11 Cr | Rs. -0.48 Cr | -336.36 % | + 56.36 % |
| Tax % | -1.36 % | -1.98 % | -0.21 % | + 1.77 % | + 1.15 % |
| Net Profit | Rs. -1.12 Cr | Rs. -0.1 Cr | Rs. -0.47 Cr | -370 % | + 58.04 % |
| EPS in Rs | Rs. -1.38 | Rs. 0 | Rs. -0.58 | 0 % | + 57.97 % |
Today, we’re looking at ORTIN GLOBAL 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 -78.85 %. However, it did see a marginal slip of -73.68 % from the previous quarter. Expenses ticked up slightly by 61.29 % quarter-on-quarter, aligning with the annual decline of -56.9 %. Operating profit, while up 50 % compared to last year, faced a quarter-on-quarter dip of -350 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -472.03 %, but a shrinkage of -770.33 % sequentially. Other income fell by -166.67 % compared to the last quarter, despite an annual decline of -133.33 %. yet the year-over-year decrease remains at a moderate -86.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -83.33 %. Profit before tax grew annually by 56.36 % but saw a reduction from the preceding quarter by -336.36 %.
Tax expenses as a percentage of profits increased slightly by 1.15 % compared to last year, with a more notable quarter-on-quarter increase of 1.77 %. Net profit rose by 58.04 % year-on-year but witnessed a -370 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 57.97 % In summary, ORTIN GLOBAL 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. 0.26 Cr | Rs. 0.209 Cr | Rs. 0.055 Cr | -73.68 % | -78.85 % |
| Expenses | Rs. 1.16 Cr | Rs. 0.31 Cr | Rs. 0.5 Cr | + 61.29 % | -56.9 % |
| Operating Profit | Rs. -0.9 Cr | Rs. -0.1 Cr | Rs. -0.45 Cr | -350 % | + 50 % |
| Net Profit | Rs. -1.12 Cr | Rs. -0.1 Cr | Rs. -0.47 Cr | -370 % | + 58.04 % |
| EPS in Rs | Rs. -1.38 | Rs. 0 | Rs. -0.58 | 0 % | + 57.97 % |
In reviewing ORTIN GLOBAL LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -78.85 % year-on-year, although there was a slight dip of -73.68 % from the previous quarter. Expenses decreased by -56.9 % compared to the previous year, with a 61.29 % increase quarter-on-quarter. Operating Profit surged by 50 % annually, and saw a -350 % decrease from the last quarter.
Net Profit showed yearly increase of 58.04 %, and experienced a -370 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 57.97 % annually, In essence, while ORTIN GLOBAL LIMITED exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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