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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 21.14 % in the past year, decrease in net sales/revenue by -7.71 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -63.72 %, Marginal decrease of -6.08% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Prakash Industries Limited. Notable increase of 1.07 % in net profit Year to Year, Prakash Industries Limited’s profitability dropped by -0.11 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 1.00 % Year to Year. EPS increased by 0 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 888.98 Cr | Rs. 1166.86 Cr | Rs. 1076.9 Cr | -7.71 % | + 21.14 % |
| Expenses | Rs. 760.69 Cr | Rs. 1035 Cr | Rs. 945.54 Cr | -8.64 % | + 24.3 % |
| Operating Profit | Rs. 128.29 Cr | Rs. 131.86 Cr | Rs. 131.36 Cr | -0.38 % | + 2.39 % |
| OPM % | 14.43 % | 11.3 % | 12.2 % | + 0.9 % | -2.23 % |
| Other Income | Rs. 16.18 Cr | Rs. 6.25 Cr | Rs. 5.87 Cr | -6.08 % | -63.72 % |
| Interest | Rs. 16.57 Cr | Rs. 12.38 Cr | Rs. 11.19 Cr | -9.61 % | -32.47 % |
| Depreciation | Rs. 38.47 Cr | Rs. 35.24 Cr | Rs. 35.65 Cr | + 1.16 % | -7.33 % |
| Profit before tax | Rs. 89.43 Cr | Rs. 90.49 Cr | Rs. 90.39 Cr | -0.11 % | + 1.07 % |
| Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Net Profit | Rs. 89.43 Cr | Rs. 90.49 Cr | Rs. 90.39 Cr | -0.11 % | + 1.07 % |
| EPS in Rs | Rs. 5 | Rs. 5.05 | Rs. 5.05 | + 0 % | + 1 % |
Today, we’re looking at Prakash Industries 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 21.14 %. However, it did see a marginal slip of -7.71 % from the previous quarter. Expenses decreased slightly by -8.64 % quarter-on-quarter, aligning with the annual rise of 24.3 %. Operating profit, while up 2.39 % compared to last year, faced a quarter-on-quarter dip of -0.38 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.23 %, but an expansion of 0.9 % sequentially. Other income fell by -6.08 % compared to the last quarter, despite an annual decline of -63.72 %. Interest expenses dropped significantly by -9.61 % from the previous quarter, yet the year-over-year decrease remains at a moderate -32.47 %. Depreciation costs climbed by 1.16 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.33 %. Profit before tax grew annually by 1.07 % but saw a reduction from the preceding quarter by -0.11 %.
Net profit rose by 1.07 % year-on-year but witnessed a -0.11 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 1 % but a quarterly rise of 0 %. In summary, Prakash Industries 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. 888.98 Cr | Rs. 1166.86 Cr | Rs. 1076.9 Cr | -7.71 % | + 21.14 % |
| Expenses | Rs. 760.69 Cr | Rs. 1035 Cr | Rs. 945.54 Cr | -8.64 % | + 24.3 % |
| Operating Profit | Rs. 128.29 Cr | Rs. 131.86 Cr | Rs. 131.36 Cr | -0.38 % | + 2.39 % |
| Net Profit | Rs. 89.43 Cr | Rs. 90.49 Cr | Rs. 90.39 Cr | -0.11 % | + 1.07 % |
| EPS in Rs | Rs. 5 | Rs. 5.05 | Rs. 5.05 | + 0 % | + 1 % |
In reviewing Prakash Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 21.14 % year-on-year growth, although there was a slight dip of -7.71 % from the previous quarter. Expenses rose by 24.3 % compared to the previous year, with a decrease of -8.64 % quarter-on-quarter. Operating Profit surged by 2.39 % annually, and saw a -0.38 % decrease from the last quarter.
Net Profit showed yearly increase of 1.07 %, and experienced a -0.11 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 1 % annually, however rose by 0 % compared to the last quarter. In essence, while Prakash Industries 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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