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Share the post "Reliable Ventures India ‘s Latest Q2 Report: Profit Up by 19.3% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -41.79 %, Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Reliable Ventures India Ltd. Profit dropped by -18.05 % Year to Year, Reliable Ventures India Ltd’s profitability increased by 8.69 % in this quarter.
- EPS over the Year and quarter: EPS declined by -115.15 % Year to Year. EPS decreased by -112.82 % 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. 0.508 Cr | Rs. 0.069 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.65 Cr | Rs. 0.32 Cr | Rs. 0.3 Cr | -6.25 % | -53.85 % |
| Operating Profit | Rs. -0.14 Cr | Rs. -0.25 Cr | Rs. -0.3 Cr | -20 % | -114.29 % |
| OPM % | -27.56 % | -362.32 % | 0 % | + 362.32 % | + 27.56 % |
| Other Income | Rs. 0.067 Cr | Rs. 0.039 Cr | Rs. 0.039 Cr | + 0 % | -41.79 % |
| Interest | Rs. 0.01 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0.42 Cr | Rs. 0.21 Cr | Rs. 0.2 Cr | -4.76 % | -52.38 % |
| Profit before tax | Rs. -0.5 Cr | Rs. -0.43 Cr | Rs. -0.46 Cr | -6.98 % | + 8 % |
| Tax % | -11.22 % | -0.23 % | -0 % | + 0.23 % | + 11.22 % |
| Net Profit | Rs. -0.57 Cr | Rs. -0.43 Cr | Rs. -0.46 Cr | -6.98 % | + 19.3 % |
| EPS in Rs | Rs. -0.33 | Rs. -0.39 | Rs. -0.05 | + 87.18 % | + 84.85 % |
Today, we’re looking at Reliable Ventures India Ltd’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -6.25 % quarter-on-quarter, aligning with the annual decline of -53.85 %. Operating profit, while down -114.29 % compared to last year, faced a quarter-on-quarter dip of -20 %, 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 27.56 %, but an expansion of 362.32 % sequentially. Other income rose by 0 % compared to the last quarter, despite an annual decline of -41.79 %. Depreciation costs fell by -4.76 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -52.38 %. Profit before tax grew annually by 8 % but saw a reduction from the preceding quarter by -6.98 %.
Tax expenses as a percentage of profits increased slightly by 11.22 % compared to last year, with a more notable quarter-on-quarter increase of 0.23 %. Net profit rose by 19.3 % year-on-year but witnessed a -6.98 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 84.85 % but a quarterly rise of 87.18 %. In summary, Reliable Ventures India 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. 0.508 Cr | Rs. 0.069 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.65 Cr | Rs. 0.32 Cr | Rs. 0.3 Cr | -6.25 % | -53.85 % |
| Operating Profit | Rs. -0.14 Cr | Rs. -0.25 Cr | Rs. -0.3 Cr | -20 % | -114.29 % |
| Net Profit | Rs. -0.57 Cr | Rs. -0.43 Cr | Rs. -0.46 Cr | -6.98 % | + 19.3 % |
| EPS in Rs | Rs. -0.33 | Rs. -0.39 | Rs. -0.05 | + 87.18 % | + 84.85 % |
In reviewing Reliable Ventures India Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -53.85 % compared to the previous year, with a decrease of -6.25 % quarter-on-quarter. Operating Profit dropped by -114.29 % annually, and saw a -20 % decrease from the last quarter.
Net Profit showed yearly increase of 19.3 %, and experienced a -6.98 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 84.85 % annually, however rose by 87.18 % compared to the last quarter. In essence, while Reliable Ventures India 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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