Share the post "PPAP Automotive announces Q2 results: Profit Rises by 429.63% 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’s sales declined by -2.39 % over the year, substantial increase in net sales/revenue by 18.08 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -38.18 %, Marginal decrease of -54.6% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for PPAP Automotive Limited. Notable increase of 427.91 % in net profit Year to Year, PPAP Automotive Limited’s profitability increased by 2646.15 % in this quarter.
- EPS over the Year and quarter: EPS increased by 423.08 % Year to Year. EPS increased by 2814.29 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 148.401 Cr | Rs. 122.677 Cr | Rs. 144.859 Cr | + 18.08 % | -2.39 % |
Expenses | Rs. 136.36 Cr | Rs. 110.87 Cr | Rs. 128.57 Cr | + 15.96 % | -5.71 % |
Operating Profit | Rs. 12.04 Cr | Rs. 11.81 Cr | Rs. 16.29 Cr | + 37.93 % | + 35.3 % |
OPM % | 8.11 % | 9.63 % | 11.25 % | + 1.62 % | + 3.14 % |
Other Income | Rs. 0.495 Cr | Rs. 0.674 Cr | Rs. 0.306 Cr | -54.6 % | -38.18 % |
Interest | Rs. 3.45 Cr | Rs. 3.77 Cr | Rs. 4.04 Cr | + 7.16 % | + 17.1 % |
Depreciation | Rs. 8.63 Cr | Rs. 8.61 Cr | Rs. 8.69 Cr | + 0.93 % | + 0.7 % |
Profit before tax | Rs. 0.45 Cr | Rs. 0.1 Cr | Rs. 3.87 Cr | + 3770 % | + 760 % |
Tax % | 12.91 % | 0 % | 25.24 % | + 25.24 % | + 12.33 % |
Net Profit | Rs. 0.54 Cr | Rs. 0.1 Cr | Rs. 2.86 Cr | + 2760 % | + 429.63 % |
EPS in Rs | Rs. 0.39 | Rs. 0.07 | Rs. 2.02 | + 2785.71 % | + 417.95 % |
Today, we’re looking at PPAP Automotive Limited’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 -2.39 %. However, it did see a marginal increase of 18.08 % from the previous quarter. Expenses ticked up slightly by 15.96 % quarter-on-quarter, aligning with the annual decline of -5.71 %. Operating profit, while up 35.3 % compared to last year, faced a quarter-on-quarter increase of 37.93 %, 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 3.14 %, but an expansion of 1.62 % sequentially. Other income fell by -54.6 % compared to the last quarter, despite an annual decline of -38.18 %. Interest expenses surged remarkably by 7.16 % from the previous quarter, yet the year-over-year increase remains at a moderate 17.1 %. Depreciation costs climbed by 0.93 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0.7 %. Profit before tax grew annually by 760 % but saw an increase from the preceding quarter by 3770 %.
Tax expenses as a percentage of profits increased slightly by 12.33 % compared to last year, with a more notable quarter-on-quarter increase of 25.24 %. Net profit rose by 429.63 % year-on-year but experienced a 2760 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 417.95 % but a quarterly rise of 2785.71 %. In summary, PPAP Automotive 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. 148.401 Cr | Rs. 122.677 Cr | Rs. 144.859 Cr | + 18.08 % | -2.39 % |
Expenses | Rs. 136.36 Cr | Rs. 110.87 Cr | Rs. 128.57 Cr | + 15.96 % | -5.71 % |
Operating Profit | Rs. 12.04 Cr | Rs. 11.81 Cr | Rs. 16.29 Cr | + 37.93 % | + 35.3 % |
Net Profit | Rs. 0.54 Cr | Rs. 0.1 Cr | Rs. 2.86 Cr | + 2760 % | + 429.63 % |
EPS in Rs | Rs. 0.39 | Rs. 0.07 | Rs. 2.02 | + 2785.71 % | + 417.95 % |
In reviewing PPAP Automotive Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.39 % year-on-year, however, there was a minor increase of 18.08 % from the previous quarter. Expenses decreased by -5.71 % compared to the previous year, with a 15.96 % increase quarter-on-quarter. Operating Profit surged by 35.3 % annually, and saw a 37.93 % increase from the last quarter.
Net Profit showed yearly increase of 429.63 %, and experienced a 2760 % increase from the previous quarter. Earnings Per Share (EPS) rose by 417.95 % annually, however rose by 2785.71 % compared to the last quarter. In essence, while PPAP Automotive 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.
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