Share the post "PANABYTE TECHNOLOGIES ‘s Q2 Update: Profit Grows by 121.74% 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 experienced a substantial growth of 221.47 % in the past year, substantial increase in net sales/revenue by 123.02 %.
- 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 26.79 %. Marginal increase in other income during this quarter, up by 29.09%.
- Profit over the Year and quarter: Challenges in sustaining profitability for PANABYTE TECHNOLOGIES LIMITED. Profit dropped by -120.96 % Year to Year, PANABYTE TECHNOLOGIES LIMITED’s profitability increased by 200 % in this quarter.
- EPS over the Year and quarter: EPS declined by -121.15 % Year to Year. EPS increased by 175 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 0.666 Cr | Rs. 0.96 Cr | Rs. 2.141 Cr | + 123.02 % | + 221.47 % |
Expenses | Rs. 0.79 Cr | Rs. 0.89 Cr | Rs. 2.01 Cr | + 125.84 % | + 154.43 % |
Operating Profit | Rs. -0.12 Cr | Rs. 0.07 Cr | Rs. 0.13 Cr | + 85.71 % | + 208.33 % |
OPM % | -18.02 % | 7.29 % | 6.07 % | -1.22 % | + 24.09 % |
Other Income | Rs. 0.056 Cr | Rs. 0.055 Cr | Rs. 0.071 Cr | + 29.09 % | + 26.79 % |
Interest | Rs. 0.11 Cr | Rs. 0.08 Cr | Rs. 0.11 Cr | + 37.5 % | + 0 % |
Depreciation | Rs. 0.03 Cr | Rs. 0.03 Cr | Rs. 0.03 Cr | + 0 % | + 0 % |
Profit before tax | Rs. -0.2 Cr | Rs. 0.02 Cr | Rs. 0.06 Cr | + 200 % | + 130 % |
Tax % | -8.06 % | 23.08 % | 25 % | + 1.92 % | + 33.06 % |
Net Profit | Rs. -0.23 Cr | Rs. 0.02 Cr | Rs. 0.05 Cr | + 150 % | + 121.74 % |
EPS in Rs | Rs. -0.52 | Rs. 0.04 | Rs. 0.07 | + 75 % | + 113.46 % |
Today, we’re looking at PANABYTE TECHNOLOGIES LIMITED’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 221.47 %. However, it did see a marginal increase of 123.02 % from the previous quarter. Expenses ticked up slightly by 125.84 % quarter-on-quarter, aligning with the annual rise of 154.43 %. Operating profit, while up 208.33 % compared to last year, faced a quarter-on-quarter increase of 85.71 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 24.09 %, but a shrinkage of -1.22 % sequentially. Other income rose by 29.09 % compared to the last quarter, despite an annual growth of 26.79 %. Interest expenses surged remarkably by 37.5 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 130 % but saw an increase from the preceding quarter by 200 %.
Tax expenses as a percentage of profits increased slightly by 33.06 % compared to last year, with a more notable quarter-on-quarter increase of 1.92 %. Net profit rose by 121.74 % year-on-year but experienced a 150 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 113.46 % but a quarterly rise of 75 %. In summary, PANABYTE 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. 0.666 Cr | Rs. 0.96 Cr | Rs. 2.141 Cr | + 123.02 % | + 221.47 % |
Expenses | Rs. 0.79 Cr | Rs. 0.89 Cr | Rs. 2.01 Cr | + 125.84 % | + 154.43 % |
Operating Profit | Rs. -0.12 Cr | Rs. 0.07 Cr | Rs. 0.13 Cr | + 85.71 % | + 208.33 % |
Net Profit | Rs. -0.23 Cr | Rs. 0.02 Cr | Rs. 0.05 Cr | + 150 % | + 121.74 % |
EPS in Rs | Rs. -0.52 | Rs. 0.04 | Rs. 0.07 | + 75 % | + 113.46 % |
In reviewing PANABYTE TECHNOLOGIES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 221.47 % year-on-year growth, however, there was a minor increase of 123.02 % from the previous quarter. Expenses rose by 154.43 % compared to the previous year, with a 125.84 % increase quarter-on-quarter. Operating Profit surged by 208.33 % annually, and saw a 85.71 % increase from the last quarter.
Net Profit showed yearly increase of 121.74 %, and experienced a 150 % increase from the previous quarter. Earnings Per Share (EPS) rose by 113.46 % annually, however rose by 75 % compared to the last quarter. In essence, while PANABYTE TECHNOLOGIES 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.
[my_shortcode1 values=”PANABYTE TECHNOLOGIES LIMITED”]