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Relic Technologies Reports Q2: Revenue Up by 109.27% Year-on-Year

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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 109.27 % in the past year, substantial increase in net sales/revenue by 55.28 %.
  • 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 32.14 %. Marginal increase in other income during this quarter, up by 68.18%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Relic Technologies Ltd.. Profit dropped by -369.81 % Year to Year, Relic Technologies Ltd.’s profitability dropped by -236.19 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -366.67 % Year to Year. EPS decreased by -237.93 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Relic Technologies 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. 0.302 Cr Rs. 0.407 Cr Rs. 0.632 Cr + 55.28 % + 109.27 %
Expenses Rs. 0.32 Cr Rs. 0.47 Cr Rs. 0.46 Cr -2.13 % + 43.75 %
Operating Profit Rs. -0.02 Cr Rs. -0.06 Cr Rs. 0.17 Cr + 383.33 % + 950 %
OPM % -6.62 % -14.74 % 26.9 % + 41.64 % + 33.52 %
Other Income Rs. 0.028 Cr Rs. 0.022 Cr Rs. 0.037 Cr + 68.18 % + 32.14 %
Interest Rs. 0.01 Cr Rs. 0.01 Cr Rs. 0.01 Cr + 0 % + 0 %
Depreciation Rs. 0.05 Cr Rs. 0.05 Cr Rs. 0.06 Cr + 20 % + 20 %
Profit before tax Rs. -0.05 Cr Rs. -0.1 Cr Rs. 0.14 Cr + 240 % + 380 %
Tax % -0 % -0 % 0 % 0 % 0 %
Net Profit Rs. -0.05 Cr Rs. -0.11 Cr Rs. 0.14 Cr + 227.27 % + 380 %
EPS in Rs Rs. -0.15 Rs. -0.29 Rs. 0.4 + 237.93 % + 366.67 %


Today, we’re looking at Relic Technologies Ltd.’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 109.27 %. However, it did see a marginal increase of 55.28 % from the previous quarter. Expenses decreased slightly by -2.13 % quarter-on-quarter, aligning with the annual rise of 43.75 %. Operating profit, while up 950 % compared to last year, faced a quarter-on-quarter increase of 383.33 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 33.52 %, but an expansion of 41.64 % sequentially. Other income rose by 68.18 % compared to the last quarter, despite an annual growth of 32.14 %. Interest expenses surged remarkably by 0 % from the previous quarter, yet the year-over-year increase remains at a moderate 0 %. Depreciation costs climbed by 20 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20 %. Profit before tax grew annually by 380 % but saw an increase from the preceding quarter by 240 %.
Net profit rose by 380 % year-on-year but experienced a 227.27 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 366.67 % but a quarterly rise of 237.93 %. In summary, Relic Technologies 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. 0.302 Cr Rs. 0.407 Cr Rs. 0.632 Cr + 55.28 % + 109.27 %
Expenses Rs. 0.32 Cr Rs. 0.47 Cr Rs. 0.46 Cr -2.13 % + 43.75 %
Operating Profit Rs. -0.02 Cr Rs. -0.06 Cr Rs. 0.17 Cr + 383.33 % + 950 %
Net Profit Rs. -0.05 Cr Rs. -0.11 Cr Rs. 0.14 Cr + 227.27 % + 380 %
EPS in Rs Rs. -0.15 Rs. -0.29 Rs. 0.4 + 237.93 % + 366.67 %


In reviewing Relic Technologies Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 109.27 % year-on-year growth, however, there was a minor increase of 55.28 % from the previous quarter. Expenses rose by 43.75 % compared to the previous year, with a decrease of -2.13 % quarter-on-quarter. Operating Profit surged by 950 % annually, and saw a 383.33 % increase from the last quarter.
Net Profit showed yearly increase of 380 %, and experienced a 227.27 % increase from the previous quarter. Earnings Per Share (EPS) rose by 366.67 % annually, however rose by 237.93 % compared to the last quarter. In essence, while Relic Technologies 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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