Share the post "Pet Plastics ‘s Q2 Report: Revenue Rises by 137% YoY"
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 137 % in the past year, substantial increase in net sales/revenue by 214.85 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -75.16 %, Marginal increase in other income during this quarter, up by 145.16%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Pet Plastics Ltd.,. Profit dropped by -94.25 % Year to Year, Pet Plastics Ltd.,’s profitability dropped by -135.14 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.04 % Year to Year. EPS decreased by -136 % 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. 1.181 Cr | Rs. 0.889 Cr | Rs. 2.799 Cr | + 214.85 % | + 137 % |
Expenses | Rs. 1.27 Cr | Rs. 0.96 Cr | Rs. 2.86 Cr | + 197.92 % | + 125.2 % |
Operating Profit | Rs. -0.09 Cr | Rs. -0.07 Cr | Rs. -0.06 Cr | + 14.29 % | + 33.33 % |
OPM % | -7.62 % | -7.87 % | -2.14 % | + 5.73 % | + 5.48 % |
Other Income | Rs. 0.306 Cr | Rs. 0.031 Cr | Rs. 0.076 Cr | + 145.16 % | -75.16 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. 0.22 Cr | Rs. -0.04 Cr | Rs. 0.02 Cr | + 150 % | -90.91 % |
Tax % | 6.6 % | -0 % | 0 % | 0 % | -6.6 % |
Net Profit | Rs. 0.23 Cr | Rs. -0.04 Cr | Rs. 0.01 Cr | + 125 % | -95.65 % |
EPS in Rs | Rs. 4.53 | Rs. -0.75 | Rs. 0.27 | + 136 % | -94.04 % |
Today, we’re looking at Pet Plastics Ltd.,’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 137 %. However, it did see a marginal increase of 214.85 % from the previous quarter. Expenses ticked up slightly by 197.92 % quarter-on-quarter, aligning with the annual rise of 125.2 %. Operating profit, while up 33.33 % compared to last year, faced a quarter-on-quarter increase of 14.29 %, 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 5.48 %, but an expansion of 5.73 % sequentially. Other income rose by 145.16 % compared to the last quarter, despite an annual decline of -75.16 %. Profit before tax declined annually by -90.91 % but saw an increase from the preceding quarter by 150 %.
Tax expenses as a percentage of profits decreased slightly by -6.6 % compared to last year, Net profit fell by -95.65 % year-on-year but experienced a 125 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -94.04 % but a quarterly rise of 136 %. In summary, Pet Plastics Ltd.,’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. 1.181 Cr | Rs. 0.889 Cr | Rs. 2.799 Cr | + 214.85 % | + 137 % |
Expenses | Rs. 1.27 Cr | Rs. 0.96 Cr | Rs. 2.86 Cr | + 197.92 % | + 125.2 % |
Operating Profit | Rs. -0.09 Cr | Rs. -0.07 Cr | Rs. -0.06 Cr | + 14.29 % | + 33.33 % |
Net Profit | Rs. 0.23 Cr | Rs. -0.04 Cr | Rs. 0.01 Cr | + 125 % | -95.65 % |
EPS in Rs | Rs. 4.53 | Rs. -0.75 | Rs. 0.27 | + 136 % | -94.04 % |
In reviewing Pet Plastics Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 137 % year-on-year growth, however, there was a minor increase of 214.85 % from the previous quarter. Expenses rose by 125.2 % compared to the previous year, with a 197.92 % increase quarter-on-quarter. Operating Profit surged by 33.33 % annually, and saw a 14.29 % increase from the last quarter.
Net Profit showed yearly decrease of -95.65 %, and experienced a 125 % increase from the previous quarter. Earnings Per Share (EPS) fell by -94.04 % annually, however rose by 136 % compared to the last quarter. In essence, while Pet Plastics Ltd., 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.
[my_shortcode1 values=”Pet Plastics Ltd.,”]