![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/RITCO.png)
Share the post "Ritco Logistics ‘s Q3 2024-25 Latest News: Profit Up by 45.26% Year-on-Year"
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 30.98 % in the past year, substantial increase in net sales/revenue by 12.12 %. 🔹 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 53.28 %. Marginal increase in other income during this quarter, up by 53.4%. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Ritco Logistics Limited. Notable increase of 45.17 % in net profit Year to Year, Ritco Logistics Limited’s profitability increased by 13.72 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 32.97 % Year to Year. EPS increased by 10.41 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 238.923 Cr | Rs. 279.092 Cr | Rs. 312.93 Cr | + 12.12 % | + 30.98 % |
| Expenses | Rs. 219 Cr | Rs. 256.45 Cr | Rs. 287.88 Cr | + 12.26 % | + 31.45 % |
| Operating Profit | Rs. 19.92 Cr | Rs. 22.64 Cr | Rs. 25.05 Cr | + 10.64 % | + 25.75 % |
| OPM % | 8.34 % | 8.11 % | 8 % | -0.11 % | -0.34 % |
| Other Income | Rs. 1.31 Cr | Rs. 1.309 Cr | Rs. 2.008 Cr | + 53.4 % | + 53.28 % |
| Interest | Rs. 5.59 Cr | Rs. 4.72 Cr | Rs. 5.35 Cr | + 13.35 % | -4.29 % |
| Depreciation | Rs. 3.32 Cr | Rs. 3.78 Cr | Rs. 4.13 Cr | + 9.26 % | + 24.4 % |
| Profit before tax | Rs. 12.32 Cr | Rs. 15.45 Cr | Rs. 17.58 Cr | + 13.79 % | + 42.69 % |
| Tax % | 27.16 % | 25.84 % | 25.89 % | + 0.05 % | -1.27 % |
| Net Profit | Rs. 8.97 Cr | Rs. 11.45 Cr | Rs. 13.03 Cr | + 13.8 % | + 45.26 % |
| EPS in Rs | Rs. 3.67 | Rs. 4.41 | Rs. 4.87 | + 10.43 % | + 32.7 % |
Today, we’re looking at Ritco Logistics Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 30.98 %. However, it did see a marginal increase of 12.12 % from the previous quarter. Expenses ticked up slightly by 12.26 % quarter-on-quarter, aligning with the annual rise of 31.45 %. Operating profit, while up 25.75 % compared to last year, faced a quarter-on-quarter increase of 10.64 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.34 %, but a shrinkage of -0.11 % sequentially. Other income rose by 53.4 % compared to the last quarter, despite an annual growth of 53.28 %. Interest expenses surged remarkably by 13.35 % from the previous quarter, yet the year-over-year decrease remains at a moderate -4.29 %. Depreciation costs climbed by 9.26 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 24.4 %. Profit before tax grew annually by 42.69 % but saw an increase from the preceding quarter by 13.79 %.
Tax expenses as a percentage of profits decreased slightly by -1.27 % compared to last year, with a more notable quarter-on-quarter increase of 0.05 %. Net profit rose by 45.26 % year-on-year but experienced a 13.8 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 32.7 % but a quarterly rise of 10.43 %. In summary, Ritco Logistics Limited’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. 238.923 Cr | Rs. 279.092 Cr | Rs. 312.93 Cr | + 12.12 % | + 30.98 % |
| Expenses | Rs. 219 Cr | Rs. 256.45 Cr | Rs. 287.88 Cr | + 12.26 % | + 31.45 % |
| Operating Profit | Rs. 19.92 Cr | Rs. 22.64 Cr | Rs. 25.05 Cr | + 10.64 % | + 25.75 % |
| Net Profit | Rs. 8.97 Cr | Rs. 11.45 Cr | Rs. 13.03 Cr | + 13.8 % | + 45.26 % |
| EPS in Rs | Rs. 3.67 | Rs. 4.41 | Rs. 4.87 | + 10.43 % | + 32.7 % |
In reviewing Ritco Logistics Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 30.98 % year-on-year growth, however, there was a minor increase of 12.12 % from the previous quarter. Expenses rose by 31.45 % compared to the previous year, with a 12.26 % increase quarter-on-quarter. Operating Profit surged by 25.75 % annually, and saw a 10.64 % increase from the last quarter.
Net Profit showed yearly increase of 45.26 %, and experienced a 13.8 % increase from the previous quarter. Earnings Per Share (EPS) rose by 32.7 % annually, however rose by 10.43 % compared to the last quarter. In essence, while Ritco Logistics 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.
