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Share the post "PRISMX GLOBAL VENTURES ‘s Q2 Report: Revenue Rises by 95.96% 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 experienced a substantial growth of 95.96 % in the past year, substantial increase in net sales/revenue by 74.94 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -67.86 %, Marginal decrease of -49.74% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for PRISMX GLOBAL VENTURES LIMITED. Profit dropped by -102.37 % Year to Year, PRISMX GLOBAL VENTURES LIMITED’s profitability dropped by -55.33 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -102.33 % Year to Year. EPS decreased by -50 % 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. 4.378 Cr | Rs. 4.904 Cr | Rs. 8.579 Cr | + 74.94 % | + 95.96 % |
| Expenses | Rs. 24.49 Cr | Rs. 4.4 Cr | Rs. 8.33 Cr | + 89.32 % | -65.99 % |
| Operating Profit | Rs. -20.11 Cr | Rs. 0.5 Cr | Rs. 0.25 Cr | -50 % | + 101.24 % |
| OPM % | -459.34 % | 10.2 % | 2.91 % | -7.29 % | + 462.25 % |
| Other Income | Rs. 1.531 Cr | Rs. 0.979 Cr | Rs. 0.492 Cr | -49.74 % | -67.86 % |
| Interest | Rs. 0.02 Cr | Rs. 0.08 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | + 0 % |
| Profit before tax | Rs. -18.61 Cr | Rs. 1.39 Cr | Rs. 0.73 Cr | -47.48 % | + 103.92 % |
| Tax % | -1.41 % | 27.95 % | 38.74 % | + 10.79 % | + 40.15 % |
| Net Profit | Rs. -18.87 Cr | Rs. 1 Cr | Rs. 0.45 Cr | -55 % | + 102.38 % |
| EPS in Rs | Rs. -0.43 | Rs. 0.02 | Rs. 0.01 | -50 % | + 102.33 % |
Today, we’re looking at PRISMX GLOBAL VENTURES 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 95.96 %. However, it did see a marginal increase of 74.94 % from the previous quarter. Expenses ticked up slightly by 89.32 % quarter-on-quarter, aligning with the annual decline of -65.99 %. Operating profit, while up 101.24 % compared to last year, faced a quarter-on-quarter dip of -50 %, 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 462.25 %, but a shrinkage of -7.29 % sequentially. Other income fell by -49.74 % compared to the last quarter, despite an annual decline of -67.86 %. 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 103.92 % but saw a reduction from the preceding quarter by -47.48 %.
Tax expenses as a percentage of profits increased slightly by 40.15 % compared to last year, with a more notable quarter-on-quarter increase of 10.79 %. Net profit rose by 102.38 % year-on-year but witnessed a -55 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 102.33 % but a quarterly fall of -50 %. In summary, PRISMX GLOBAL VENTURES 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. 4.378 Cr | Rs. 4.904 Cr | Rs. 8.579 Cr | + 74.94 % | + 95.96 % |
| Expenses | Rs. 24.49 Cr | Rs. 4.4 Cr | Rs. 8.33 Cr | + 89.32 % | -65.99 % |
| Operating Profit | Rs. -20.11 Cr | Rs. 0.5 Cr | Rs. 0.25 Cr | -50 % | + 101.24 % |
| Net Profit | Rs. -18.87 Cr | Rs. 1 Cr | Rs. 0.45 Cr | -55 % | + 102.38 % |
| EPS in Rs | Rs. -0.43 | Rs. 0.02 | Rs. 0.01 | -50 % | + 102.33 % |
In reviewing PRISMX GLOBAL VENTURES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 95.96 % year-on-year growth, however, there was a minor increase of 74.94 % from the previous quarter. Expenses decreased by -65.99 % compared to the previous year, with a 89.32 % increase quarter-on-quarter. Operating Profit surged by 101.24 % annually, and saw a -50 % decrease from the last quarter.
Net Profit showed yearly increase of 102.38 %, and experienced a -55 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 102.33 % annually, however dipped by -50 % compared to the last quarter. In essence, while PRISMX GLOBAL VENTURES 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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