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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 experienced a substantial growth of 0 % in the past year, substantial increase in net sales/revenue by 0 %.
- 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 7.88 %. Marginal increase in other income during this quarter, up by 48.75%.
- Profit over the Year and quarter: Challenges in sustaining profitability for Ridhi Synthetics Ltd.. Profit dropped by -7.94 % Year to Year, Ridhi Synthetics Ltd.’s profitability increased by 37.92 % in this quarter.
- EPS over the Year and quarter: EPS declined by -7.76 % Year to Year. EPS increased by 37.95 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 0.109 Cr | Rs. 0.109 Cr | Rs. 0.109 Cr | + 0 % | + 0 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.11 Cr | Rs. 0.14 Cr | + 27.27 % | + 55.56 % |
| Operating Profit | Rs. 0.02 Cr | Rs. -0 Cr | Rs. -0.03 Cr | 0 % | -250 % |
| OPM % | 18.35 % | -0 % | -27.52 % | -27.52 % | -45.87 % |
| Other Income | Rs. 0.495 Cr | Rs. 0.359 Cr | Rs. 0.534 Cr | + 48.75 % | + 7.88 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | 0 % |
| Profit before tax | Rs. 0.52 Cr | Rs. 0.35 Cr | Rs. 0.49 Cr | + 40 % | -5.77 % |
| Tax % | 22.05 % | 24.01 % | 24.44 % | + 0.43 % | + 2.39 % |
| Net Profit | Rs. 0.4 Cr | Rs. 0.27 Cr | Rs. 0.37 Cr | + 37.04 % | -7.5 % |
| EPS in Rs | Rs. 3.35 | Rs. 2.24 | Rs. 3.09 | + 37.95 % | -7.76 % |
Today, we’re looking at Ridhi Synthetics 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 0 %. However, it did see a marginal increase of 0 % from the previous quarter. Expenses ticked up slightly by 27.27 % quarter-on-quarter, aligning with the annual rise of 55.56 %. Operating profit, while down -250 % compared to last year,
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -45.87 %, but a shrinkage of -27.52 % sequentially. Other income rose by 48.75 % compared to the last quarter, despite an annual growth of 7.88 %. Depreciation costs climbed by 0 % quarter-on-quarter, Profit before tax declined annually by -5.77 % but saw an increase from the preceding quarter by 40 %.
Tax expenses as a percentage of profits increased slightly by 2.39 % compared to last year, with a more notable quarter-on-quarter increase of 0.43 %. Net profit fell by -7.5 % year-on-year but experienced a 37.04 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -7.76 % but a quarterly rise of 37.95 %. In summary, Ridhi Synthetics 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. 0.109 Cr | Rs. 0.109 Cr | Rs. 0.109 Cr | + 0 % | + 0 % |
| Expenses | Rs. 0.09 Cr | Rs. 0.11 Cr | Rs. 0.14 Cr | + 27.27 % | + 55.56 % |
| Operating Profit | Rs. 0.02 Cr | Rs. -0 Cr | Rs. -0.03 Cr | 0 % | -250 % |
| Net Profit | Rs. 0.4 Cr | Rs. 0.27 Cr | Rs. 0.37 Cr | + 37.04 % | -7.5 % |
| EPS in Rs | Rs. 3.35 | Rs. 2.24 | Rs. 3.09 | + 37.95 % | -7.76 % |
In reviewing Ridhi Synthetics Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 0 % year-on-year growth, however, there was a minor increase of 0 % from the previous quarter. Expenses rose by 55.56 % compared to the previous year, with a 27.27 % increase quarter-on-quarter. Operating Profit dropped by -250 % annually,
Net Profit showed yearly decrease of -7.5 %, and experienced a 37.04 % increase from the previous quarter. Earnings Per Share (EPS) fell by -7.76 % annually, however rose by 37.95 % compared to the last quarter. In essence, while Ridhi Synthetics Ltd. faces strong annual decline 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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