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Palred Technologies ‘s Q2 Update: Profit Falls by 624% Year-on-Year

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company’s sales declined by -31.58 % over the year, substantial increase in net sales/revenue by 47.59 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 30.09 %. Marginal decrease of -4.07% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Palred Technologies Limited. Profit dropped by -616.21 % Year to Year, Palred Technologies Limited’s profitability dropped by -35.15 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -413.64 % Year to Year. EPS decreased by -39.47 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Palred Technologies 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.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 41.678 Cr Rs. 19.322 Cr Rs. 28.517 Cr + 47.59 % -31.58 %
Expenses Rs. 40.05 Cr Rs. 20.57 Cr Rs. 29 Cr + 40.98 % -27.59 %
Operating Profit Rs. 1.63 Cr Rs. -1.25 Cr Rs. -0.48 Cr + 61.6 % -129.45 %
OPM % 3.91 % -6.47 % -1.68 % + 4.79 % -5.59 %
Other Income Rs. 0.761 Cr Rs. 1.032 Cr Rs. 0.99 Cr -4.07 % + 30.09 %
Interest Rs. 1.74 Cr Rs. 1.46 Cr Rs. 1.54 Cr + 5.48 % -11.49 %
Depreciation Rs. 0.4 Cr Rs. 0.34 Cr Rs. 0.27 Cr -20.59 % -32.5 %
Profit before tax Rs. 0.25 Cr Rs. -2.02 Cr Rs. -1.3 Cr + 35.64 % -620 %
Tax % 0 % -0 % -0 % 0 % 0 %
Net Profit Rs. 0.25 Cr Rs. -2.01 Cr Rs. -1.31 Cr + 34.83 % -624 %
EPS in Rs Rs. 0.22 Rs. -1.14 Rs. -0.69 + 39.47 % -413.64 %


Today, we’re looking at Palred Technologies 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 -31.58 %. However, it did see a marginal increase of 47.59 % from the previous quarter. Expenses ticked up slightly by 40.98 % quarter-on-quarter, aligning with the annual decline of -27.59 %. Operating profit, while down -129.45 % compared to last year, faced a quarter-on-quarter increase of 61.6 %, 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 -5.59 %, but an expansion of 4.79 % sequentially. Other income fell by -4.07 % compared to the last quarter, despite an annual growth of 30.09 %. Interest expenses surged remarkably by 5.48 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.49 %. Depreciation costs fell by -20.59 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -32.5 %. Profit before tax declined annually by -620 % but saw an increase from the preceding quarter by 35.64 %.
Net profit fell by -624 % year-on-year but experienced a 34.83 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -413.64 % but a quarterly rise of 39.47 %. In summary, Palred Technologies 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. 41.678 Cr Rs. 19.322 Cr Rs. 28.517 Cr + 47.59 % -31.58 %
Expenses Rs. 40.05 Cr Rs. 20.57 Cr Rs. 29 Cr + 40.98 % -27.59 %
Operating Profit Rs. 1.63 Cr Rs. -1.25 Cr Rs. -0.48 Cr + 61.6 % -129.45 %
Net Profit Rs. 0.25 Cr Rs. -2.01 Cr Rs. -1.31 Cr + 34.83 % -624 %
EPS in Rs Rs. 0.22 Rs. -1.14 Rs. -0.69 + 39.47 % -413.64 %


In reviewing Palred Technologies Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -31.58 % year-on-year, however, there was a minor increase of 47.59 % from the previous quarter. Expenses decreased by -27.59 % compared to the previous year, with a 40.98 % increase quarter-on-quarter. Operating Profit dropped by -129.45 % annually, and saw a 61.6 % increase from the last quarter.
Net Profit showed yearly decrease of -624 %, and experienced a 34.83 % increase from the previous quarter. Earnings Per Share (EPS) fell by -413.64 % annually, however rose by 39.47 % compared to the last quarter. In essence, while Palred Technologies Limited 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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