![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/PHOENXINTL.png)
Share the post "Phoenix International ‘s Latest Q2 Report: Profit Up by 7.55% Year-on-Year"
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 -19.1 % over the year, decrease in net sales/revenue by -5.7 %.
- 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 60 %. Marginal increase in other income during this quarter, up by 60%.
- Profit over the Year and quarter: Significant improvement in profitability for Phoenix International Ltd.. Notable increase of 8.13 % in net profit Year to Year, Phoenix International Ltd.’s profitability dropped by -19.32 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 6.25 % Year to Year. EPS decreased by -19.05 % 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. 7.131 Cr | Rs. 6.118 Cr | Rs. 5.769 Cr | -5.7 % | -19.1 % |
| Expenses | Rs. 3.65 Cr | Rs. 2.51 Cr | Rs. 2.27 Cr | -9.56 % | -37.81 % |
| Operating Profit | Rs. 3.48 Cr | Rs. 3.61 Cr | Rs. 3.5 Cr | -3.05 % | + 0.57 % |
| OPM % | 48.8 % | 59.01 % | 60.67 % | + 1.66 % | + 11.87 % |
| Other Income | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.016 Cr | + 60 % | + 60 % |
| Interest | Rs. 1.77 Cr | Rs. 1.7 Cr | Rs. 1.79 Cr | + 5.29 % | + 1.13 % |
| Depreciation | Rs. 0.97 Cr | Rs. 0.91 Cr | Rs. 0.91 Cr | + 0 % | -6.19 % |
| Profit before tax | Rs. 0.75 Cr | Rs. 1.01 Cr | Rs. 0.82 Cr | -18.81 % | + 9.33 % |
| Tax % | 30.12 % | 30.22 % | 29.99 % | -0.23 % | -0.13 % |
| Net Profit | Rs. 0.53 Cr | Rs. 0.71 Cr | Rs. 0.57 Cr | -19.72 % | + 7.55 % |
| EPS in Rs | Rs. 0.32 | Rs. 0.42 | Rs. 0.34 | -19.05 % | + 6.25 % |
Today, we’re looking at Phoenix International Ltd.’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 -19.1 %. However, it did see a marginal slip of -5.7 % from the previous quarter. Expenses decreased slightly by -9.56 % quarter-on-quarter, aligning with the annual decline of -37.81 %. Operating profit, while up 0.57 % compared to last year, faced a quarter-on-quarter dip of -3.05 %, 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 11.87 %, but an expansion of 1.66 % sequentially. Other income rose by 60 % compared to the last quarter, despite an annual growth of 60 %. Interest expenses surged remarkably by 5.29 % from the previous quarter, yet the year-over-year increase remains at a moderate 1.13 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -6.19 %. Profit before tax grew annually by 9.33 % but saw a reduction from the preceding quarter by -18.81 %.
Tax expenses as a percentage of profits decreased slightly by -0.13 % compared to last year, with a more notable quarter-on-quarter decrease of -0.23 %. Net profit rose by 7.55 % year-on-year but witnessed a -19.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 6.25 % but a quarterly fall of -19.05 %. In summary, Phoenix International 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. 7.131 Cr | Rs. 6.118 Cr | Rs. 5.769 Cr | -5.7 % | -19.1 % |
| Expenses | Rs. 3.65 Cr | Rs. 2.51 Cr | Rs. 2.27 Cr | -9.56 % | -37.81 % |
| Operating Profit | Rs. 3.48 Cr | Rs. 3.61 Cr | Rs. 3.5 Cr | -3.05 % | + 0.57 % |
| Net Profit | Rs. 0.53 Cr | Rs. 0.71 Cr | Rs. 0.57 Cr | -19.72 % | + 7.55 % |
| EPS in Rs | Rs. 0.32 | Rs. 0.42 | Rs. 0.34 | -19.05 % | + 6.25 % |
In reviewing Phoenix International Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -19.1 % year-on-year, although there was a slight dip of -5.7 % from the previous quarter. Expenses decreased by -37.81 % compared to the previous year, with a decrease of -9.56 % quarter-on-quarter. Operating Profit surged by 0.57 % annually, and saw a -3.05 % decrease from the last quarter.
Net Profit showed yearly increase of 7.55 %, and experienced a -19.72 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 6.25 % annually, however dipped by -19.05 % compared to the last quarter. In essence, while Phoenix International Ltd. 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.
[my_shortcode1 values=”Phoenix International Ltd.”]
