Relicab Cable Manufacturing ‘s Q2 Financial results: Revenue Grows by 29.18% YoY

The comprehensive analytics outlining the performance and outlook of Relicab Cable Manufacturing Limited‘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.

Today, we’re looking at Relicab Cable Manufacturing 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 29.18 %. However, it did see a marginal increase of 80.06 % from the previous quarter. Expenses ticked up slightly by 86.64 % quarter-on-quarter, aligning with the annual rise of 23.06 %. Operating profit, while up 82.02 % compared to last year, faced a quarter-on-quarter increase of 48.62 %, 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 4.22 %, but a shrinkage of -3.08 % sequentially. Other income fell by -92.77 % compared to the last quarter, despite an annual decline of -96.84 %. Interest expenses surged remarkably by 8.77 % from the previous quarter, yet the year-over-year decrease remains at a moderate -12.68 %. Depreciation costs climbed by 40 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -30 %. Profit before tax grew annually by 248.15 % but saw an increase from the preceding quarter by 70.91 %.
Tax expenses as a percentage of profits increased slightly by 4.5 % compared to last year, with a more notable quarter-on-quarter decrease of -11.72 %. Net profit rose by 170 % year-on-year but experienced a 97.56 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 145.16 % but a quarterly rise of 85.37 %. In summary, Relicab Cable Manufacturing Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Relicab Cable Manufacturing Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.18 % year-on-year growth, however, there was a minor increase of 80.06 % from the previous quarter. Expenses rose by 23.06 % compared to the previous year, with a 86.64 % increase quarter-on-quarter. Operating Profit surged by 82.02 % annually, and saw a 48.62 % increase from the last quarter.
Net Profit showed yearly increase of 170 %, and experienced a 97.56 % increase from the previous quarter. Earnings Per Share (EPS) rose by 145.16 % annually, however rose by 85.37 % compared to the last quarter. In essence, while Relicab Cable Manufacturing Limited 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.