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Pet Plastics ‘s Q2 Report: Revenue Rises by 137% YoY

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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 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.

The comprehensive analytics outlining the performance and outlook of Pet Plastics Ltd.,‘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. 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.

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