NIFTY 50 23344.75 ▲ (0.61%)
NIFTY NEXT 50 65106.15 ▲ (0.08%)
NIFTY 100 24048.8 ▲ (0.51%)
NIFTY MIDCAP 100 55106.2 ▲ (0.91%)
NIFTY SMALLCAP 100 17864.65 ▲ (1.09%)
NIFTY SMALLCAP 250 16841.4 ▲ (0.84%)
NIFTY MIDCAP SELECT 12356.5 ▲ (0.87%)
NIFTY TOTAL MARKET 12304.6 ▲ (0.6%)
NIFTY BANK 49350.8 ▲ (1.67%)
SENSEX 77073.44 ▲ (0.59%)
BSE BANKEX 56036.23 ▲ (2.03%)

Rathi Steel & Power announces Q2 Report: Revenue Dropped by 4.16% YoY

[fetch_key]

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.

The comprehensive analytics outlining the performance and outlook of Rathi Steel & Power 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. 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.

[my_shortcode1 values=”Rathi Steel & Power Ltd,”]

Join our telegram for more updates

Stay Updated with Our YouTube Videos

Related Post