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Prashant India announces Q2 results: Profit Rises by 160% YoY

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Highlights

  • The presented financial data is Standalone to provide a comprehensive overview of the company performance.
  • 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 10 %. Marginal decrease of -37.74% in other income during this quarter.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Prashant India Ltd. Profit dropped by -150.94 % Year to Year, Prashant India Ltd’s profitability dropped by -124.77 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -150.00 % Year to Year. EPS decreased by -123.08 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Prashant India 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. 0.056 Cr Rs. 0 Cr Rs. 0.086 Cr 0 % + 53.57 %
Expenses Rs. 0.12 Cr Rs. 0.14 Cr Rs. 0.07 Cr -50 % -41.67 %
Operating Profit Rs. -0.06 Cr Rs. -0.14 Cr Rs. 0.02 Cr + 114.29 % + 133.33 %
OPM % -107.14 % 0 % 23.26 % + 23.26 % + 130.4 %
Other Income Rs. 0.03 Cr Rs. 0.053 Cr Rs. 0.033 Cr -37.74 % + 10 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.02 Cr Rs. 0.02 Cr Rs. 0.02 Cr + 0 % + 0 %
Profit before tax Rs. -0.05 Cr Rs. -0.11 Cr Rs. 0.03 Cr + 127.27 % + 160 %
Tax % -0 % -0 % 0 % 0 % 0 %
Net Profit Rs. -0.05 Cr Rs. -0.11 Cr Rs. 0.03 Cr + 127.27 % + 160 %
EPS in Rs Rs. -0.12 Rs. -0.26 Rs. 0.06 + 123.08 % + 150 %


Today, we’re looking at Prashant India 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 53.57 %. Expenses decreased slightly by -50 % quarter-on-quarter, aligning with the annual decline of -41.67 %. Operating profit, while up 133.33 % compared to last year, faced a quarter-on-quarter increase of 114.29 %, 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 130.4 %, but an expansion of 23.26 % sequentially. Other income fell by -37.74 % compared to the last quarter, despite an annual growth of 10 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 0 %. Profit before tax grew annually by 160 % but saw an increase from the preceding quarter by 127.27 %.
Net profit rose by 160 % year-on-year but experienced a 127.27 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 150 % but a quarterly rise of 123.08 %. In summary, Prashant India 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. 0.056 Cr Rs. 0 Cr Rs. 0.086 Cr 0 % + 53.57 %
Expenses Rs. 0.12 Cr Rs. 0.14 Cr Rs. 0.07 Cr -50 % -41.67 %
Operating Profit Rs. -0.06 Cr Rs. -0.14 Cr Rs. 0.02 Cr + 114.29 % + 133.33 %
Net Profit Rs. -0.05 Cr Rs. -0.11 Cr Rs. 0.03 Cr + 127.27 % + 160 %
EPS in Rs Rs. -0.12 Rs. -0.26 Rs. 0.06 + 123.08 % + 150 %


In reviewing Prashant India Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 53.57 % year-on-year growth, Expenses decreased by -41.67 % compared to the previous year, with a decrease of -50 % quarter-on-quarter. Operating Profit surged by 133.33 % annually, and saw a 114.29 % increase from the last quarter.
Net Profit showed yearly increase of 160 %, and experienced a 127.27 % increase from the previous quarter. Earnings Per Share (EPS) rose by 150 % annually, however rose by 123.08 % compared to the last quarter. In essence, while Prashant India Ltd 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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