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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’s sales declined by -4.16 % over the year, decrease in net sales/revenue by -4.93 %.
- 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 510.11 %. Marginal increase in other income during this quarter, up by 5601.11%.
- Profit over the Year and quarter: Significant improvement in profitability for Rathi Steel & Power Ltd,. Notable increase of 741.33 % in net profit Year to Year, Rathi Steel & Power Ltd,’s profitability increased by 158.51 % in this quarter.
- EPS over the Year and quarter: EPS increased by 215.38 % Year to Year. EPS increased by 156.25 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 126.699 Cr | Rs. 127.728 Cr | Rs. 121.426 Cr | -4.93 % | -4.16 % |
Expenses | Rs. 121.09 Cr | Rs. 121.75 Cr | Rs. 116.29 Cr | -4.48 % | -3.96 % |
Operating Profit | Rs. 5.61 Cr | Rs. 5.98 Cr | Rs. 5.14 Cr | -14.05 % | -8.38 % |
OPM % | 4.43 % | 4.68 % | 4.23 % | -0.45 % | -0.2 % |
Other Income | Rs. 0.841 Cr | Rs. 0.09 Cr | Rs. 5.131 Cr | + 5601.11 % | + 510.11 % |
Interest | Rs. 3.46 Cr | Rs. 1.08 Cr | Rs. 1 Cr | -7.41 % | -71.1 % |
Depreciation | Rs. 2.16 Cr | Rs. 2.3 Cr | Rs. 2.33 Cr | + 1.3 % | + 7.87 % |
Profit before tax | Rs. 0.83 Cr | Rs. 2.69 Cr | Rs. 6.94 Cr | + 157.99 % | + 736.14 % |
Tax % | 0 % | 0 % | 0 % | 0 % | 0 % |
Net Profit | Rs. 0.83 Cr | Rs. 2.69 Cr | Rs. 6.94 Cr | + 157.99 % | + 736.14 % |
EPS in Rs | Rs. 0.26 | Rs. 0.32 | Rs. 0.82 | + 156.25 % | + 215.38 % |
Today, we’re looking at Rathi Steel & Power Ltd,’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -4.16 %. However, it did see a marginal slip of -4.93 % from the previous quarter. Expenses decreased slightly by -4.48 % quarter-on-quarter, aligning with the annual decline of -3.96 %. Operating profit, while down -8.38 % compared to last year, faced a quarter-on-quarter dip of -14.05 %, 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 -0.2 %, but a shrinkage of -0.45 % sequentially. Other income rose by 5601.11 % compared to the last quarter, despite an annual growth of 510.11 %. Interest expenses dropped significantly by -7.41 % from the previous quarter, yet the year-over-year decrease remains at a moderate -71.1 %. Depreciation costs climbed by 1.3 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 7.87 %. Profit before tax grew annually by 736.14 % but saw an increase from the preceding quarter by 157.99 %.
Net profit rose by 736.14 % year-on-year but experienced a 157.99 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 215.38 % but a quarterly rise of 156.25 %. In summary, Rathi Steel & Power 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. 126.699 Cr | Rs. 127.728 Cr | Rs. 121.426 Cr | -4.93 % | -4.16 % |
Expenses | Rs. 121.09 Cr | Rs. 121.75 Cr | Rs. 116.29 Cr | -4.48 % | -3.96 % |
Operating Profit | Rs. 5.61 Cr | Rs. 5.98 Cr | Rs. 5.14 Cr | -14.05 % | -8.38 % |
Net Profit | Rs. 0.83 Cr | Rs. 2.69 Cr | Rs. 6.94 Cr | + 157.99 % | + 736.14 % |
EPS in Rs | Rs. 0.26 | Rs. 0.32 | Rs. 0.82 | + 156.25 % | + 215.38 % |
In reviewing Rathi Steel & Power Ltd,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.16 % year-on-year, although there was a slight dip of -4.93 % from the previous quarter. Expenses decreased by -3.96 % compared to the previous year, with a decrease of -4.48 % quarter-on-quarter. Operating Profit dropped by -8.38 % annually, and saw a -14.05 % decrease from the last quarter.
Net Profit showed yearly increase of 736.14 %, and experienced a 157.99 % increase from the previous quarter. Earnings Per Share (EPS) rose by 215.38 % annually, however rose by 156.25 % compared to the last quarter. In essence, while Rathi Steel & Power 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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