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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 8.19 % in the past year, decrease in net sales/revenue by -4.56 %.
- 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 2.35 %. Marginal increase in other income during this quarter, up by 4.65%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Premco Global Ltd.. Profit dropped by -15.98 % Year to Year, Premco Global Ltd.’s profitability dropped by -40.18 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -15.99 % Year to Year. EPS decreased by -40.15 % 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. 24.006 Cr | Rs. 27.213 Cr | Rs. 25.972 Cr | -4.56 % | + 8.19 % |
| Expenses | Rs. 20.66 Cr | Rs. 23.07 Cr | Rs. 23.04 Cr | -0.13 % | + 11.52 % |
| Operating Profit | Rs. 3.35 Cr | Rs. 4.14 Cr | Rs. 2.93 Cr | -29.23 % | -12.54 % |
| OPM % | 13.95 % | 15.21 % | 11.28 % | -3.93 % | -2.67 % |
| Other Income | Rs. 1.32 Cr | Rs. 1.291 Cr | Rs. 1.351 Cr | + 4.65 % | + 2.35 % |
| Interest | Rs. 0.64 Cr | Rs. 0.56 Cr | Rs. 0.56 Cr | + 0 % | -12.5 % |
| Depreciation | Rs. 1.31 Cr | Rs. 1.35 Cr | Rs. 1.49 Cr | + 10.37 % | + 13.74 % |
| Profit before tax | Rs. 2.72 Cr | Rs. 3.52 Cr | Rs. 2.23 Cr | -36.65 % | -18.01 % |
| Tax % | 21.59 % | 15.21 % | 19.78 % | + 4.57 % | -1.81 % |
| Net Profit | Rs. 2.13 Cr | Rs. 2.99 Cr | Rs. 1.79 Cr | -40.13 % | -15.96 % |
| EPS in Rs | Rs. 6.44 | Rs. 9.04 | Rs. 5.41 | -40.15 % | -15.99 % |
Today, we’re looking at Premco Global 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 8.19 %. However, it did see a marginal slip of -4.56 % from the previous quarter. Expenses decreased slightly by -0.13 % quarter-on-quarter, aligning with the annual rise of 11.52 %. Operating profit, while down -12.54 % compared to last year, faced a quarter-on-quarter dip of -29.23 %, 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 -2.67 %, but a shrinkage of -3.93 % sequentially. Other income rose by 4.65 % compared to the last quarter, despite an annual growth of 2.35 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.5 %. Depreciation costs climbed by 10.37 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 13.74 %. Profit before tax declined annually by -18.01 % but saw a reduction from the preceding quarter by -36.65 %.
Tax expenses as a percentage of profits decreased slightly by -1.81 % compared to last year, with a more notable quarter-on-quarter increase of 4.57 %. Net profit fell by -15.96 % year-on-year but witnessed a -40.13 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -15.99 % but a quarterly fall of -40.15 %. In summary, Premco Global 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. 24.006 Cr | Rs. 27.213 Cr | Rs. 25.972 Cr | -4.56 % | + 8.19 % |
| Expenses | Rs. 20.66 Cr | Rs. 23.07 Cr | Rs. 23.04 Cr | -0.13 % | + 11.52 % |
| Operating Profit | Rs. 3.35 Cr | Rs. 4.14 Cr | Rs. 2.93 Cr | -29.23 % | -12.54 % |
| Net Profit | Rs. 2.13 Cr | Rs. 2.99 Cr | Rs. 1.79 Cr | -40.13 % | -15.96 % |
| EPS in Rs | Rs. 6.44 | Rs. 9.04 | Rs. 5.41 | -40.15 % | -15.99 % |
In reviewing Premco Global Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.19 % year-on-year growth, although there was a slight dip of -4.56 % from the previous quarter. Expenses rose by 11.52 % compared to the previous year, with a decrease of -0.13 % quarter-on-quarter. Operating Profit dropped by -12.54 % annually, and saw a -29.23 % decrease from the last quarter.
Net Profit showed yearly decrease of -15.96 %, and experienced a -40.13 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -15.99 % annually, however dipped by -40.15 % compared to the last quarter. In essence, while Premco Global Ltd. faces strong annual decline 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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