Primo Chemicals ‘s Latest Q2 Report: Profit Up by 199.92% Year-on-Year

The comprehensive analytics outlining the performance and outlook of Primo Chemicals Limited‘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.

Today, we’re looking at Primo Chemicals 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 44.17 %. However, it did see a marginal increase of 10.2 % from the previous quarter. Expenses ticked up slightly by 16.17 % quarter-on-quarter, aligning with the annual rise of 27.21 %. Operating profit, while up 336.09 % compared to last year, faced a quarter-on-quarter dip of -32.03 %, 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 12.31 %, but a shrinkage of -4.75 % sequentially. Other income fell by -0.15 % compared to the last quarter, despite an annual growth of 21.2 %. Interest expenses surged remarkably by 1.43 % from the previous quarter, yet the year-over-year increase remains at a moderate 29.68 %. Depreciation costs climbed by 7.13 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 46.73 %. Profit before tax grew annually by 78.53 % but saw a reduction from the preceding quarter by -191.12 %.
Tax expenses as a percentage of profits decreased slightly by -641.26 % compared to last year, with a more notable quarter-on-quarter decrease of -1132.09 %. Net profit rose by 199.92 % year-on-year but experienced a 214.93 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 200 % but a quarterly rise of 215.22 %. In summary, Primo Chemicals Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Primo Chemicals Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 44.17 % year-on-year growth, however, there was a minor increase of 10.2 % from the previous quarter. Expenses rose by 27.21 % compared to the previous year, with a 16.17 % increase quarter-on-quarter. Operating Profit surged by 336.09 % annually, and saw a -32.03 % decrease from the last quarter.
Net Profit showed yearly increase of 199.92 %, and experienced a 214.93 % increase from the previous quarter. Earnings Per Share (EPS) rose by 200 % annually, however rose by 215.22 % compared to the last quarter. In essence, while Primo Chemicals 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.