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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 experienced a substantial growth of 13.5 % in the past year, decrease in net sales/revenue by -3.51 %.
- 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 326.01 %. Marginal increase in other income during this quarter, up by 748.21%.
- Profit over the Year and quarter: Significant improvement in profitability for Parnax Lab Limited. Notable increase of 82.37 % in net profit Year to Year, Parnax Lab Limited’s profitability dropped by -14.37 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 82.21 % Year to Year. EPS decreased by -14.41 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 42.612 Cr | Rs. 50.12 Cr | Rs. 48.363 Cr | -3.51 % | + 13.5 % |
Expenses | Rs. 37.33 Cr | Rs. 41.5 Cr | Rs. 41.11 Cr | -0.94 % | + 10.13 % |
Operating Profit | Rs. 5.28 Cr | Rs. 8.62 Cr | Rs. 7.25 Cr | -15.89 % | + 37.31 % |
OPM % | 12.39 % | 17.2 % | 14.99 % | -2.21 % | + 2.6 % |
Other Income | Rs. 0.223 Cr | Rs. 0.112 Cr | Rs. 0.95 Cr | + 748.21 % | + 326.01 % |
Interest | Rs. 1.43 Cr | Rs. 1.5 Cr | Rs. 1.39 Cr | -7.33 % | -2.8 % |
Depreciation | Rs. 1.74 Cr | Rs. 1.83 Cr | Rs. 1.94 Cr | + 6.01 % | + 11.49 % |
Profit before tax | Rs. 2.33 Cr | Rs. 5.4 Cr | Rs. 4.87 Cr | -9.81 % | + 109.01 % |
Tax % | 20.03 % | 26.19 % | 29.93 % | + 3.74 % | + 9.9 % |
Net Profit | Rs. 1.87 Cr | Rs. 3.99 Cr | Rs. 3.41 Cr | -14.54 % | + 82.35 % |
EPS in Rs | Rs. 1.63 | Rs. 3.47 | Rs. 2.97 | -14.41 % | + 82.21 % |
Today, we’re looking at Parnax Lab 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 13.5 %. However, it did see a marginal slip of -3.51 % from the previous quarter. Expenses decreased slightly by -0.94 % quarter-on-quarter, aligning with the annual rise of 10.13 %. Operating profit, while up 37.31 % compared to last year, faced a quarter-on-quarter dip of -15.89 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.6 %, but a shrinkage of -2.21 % sequentially. Other income rose by 748.21 % compared to the last quarter, despite an annual growth of 326.01 %. Interest expenses dropped significantly by -7.33 % from the previous quarter, yet the year-over-year decrease remains at a moderate -2.8 %. Depreciation costs climbed by 6.01 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 11.49 %. Profit before tax grew annually by 109.01 % but saw a reduction from the preceding quarter by -9.81 %.
Tax expenses as a percentage of profits increased slightly by 9.9 % compared to last year, with a more notable quarter-on-quarter increase of 3.74 %. Net profit rose by 82.35 % year-on-year but witnessed a -14.54 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 82.21 % but a quarterly fall of -14.41 %. In summary, Parnax Lab 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. 42.612 Cr | Rs. 50.12 Cr | Rs. 48.363 Cr | -3.51 % | + 13.5 % |
Expenses | Rs. 37.33 Cr | Rs. 41.5 Cr | Rs. 41.11 Cr | -0.94 % | + 10.13 % |
Operating Profit | Rs. 5.28 Cr | Rs. 8.62 Cr | Rs. 7.25 Cr | -15.89 % | + 37.31 % |
Net Profit | Rs. 1.87 Cr | Rs. 3.99 Cr | Rs. 3.41 Cr | -14.54 % | + 82.35 % |
EPS in Rs | Rs. 1.63 | Rs. 3.47 | Rs. 2.97 | -14.41 % | + 82.21 % |
In reviewing Parnax Lab Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.5 % year-on-year growth, although there was a slight dip of -3.51 % from the previous quarter. Expenses rose by 10.13 % compared to the previous year, with a decrease of -0.94 % quarter-on-quarter. Operating Profit surged by 37.31 % annually, and saw a -15.89 % decrease from the last quarter.
Net Profit showed yearly increase of 82.35 %, and experienced a -14.54 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 82.21 % annually, however dipped by -14.41 % compared to the last quarter. In essence, while Parnax Lab 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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