Share the post "RO Jewels ‘s Q2 Results: Profit Drops by 61.9% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 987.5%.
- Profit over the Year and quarter: Challenges in sustaining profitability for RO Jewels Limited. Profit dropped by -61.68 % Year to Year, RO Jewels Limited’s profitability increased by 115.79 % in this quarter.
- EPS over the Year and quarter: EPS declined by -61.90 % Year to Year. EPS increased by 700 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 19.874 Cr | Rs. 6.378 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 19.53 Cr | Rs. 6.28 Cr | Rs. -0.05 Cr | -100.8 % | -100.26 % |
Operating Profit | Rs. 0.34 Cr | Rs. 0.1 Cr | Rs. 0.05 Cr | -50 % | -85.29 % |
OPM % | 1.71 % | 1.57 % | 0 % | -1.57 % | -1.71 % |
Other Income | Rs. 0 Cr | Rs. 0.008 Cr | Rs. 0.087 Cr | + 987.5 % | 0 % |
Interest | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.01 Cr | Rs. 0.05 Cr | Rs. 0.05 Cr | + 0 % | + 400 % |
Profit before tax | Rs. 0.31 Cr | Rs. 0.05 Cr | Rs. 0.09 Cr | + 80 % | -70.97 % |
Tax % | 31.85 % | 24 % | 8.89 % | -15.11 % | -22.96 % |
Net Profit | Rs. 0.21 Cr | Rs. 0.04 Cr | Rs. 0.08 Cr | + 100 % | -61.9 % |
EPS in Rs | Rs. 0.21 | Rs. 0.01 | Rs. 0.08 | + 700 % | -61.9 % |
Today, we’re looking at RO Jewels Limited’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -100.8 % quarter-on-quarter, aligning with the annual decline of -100.26 %. Operating profit, while down -85.29 % compared to last year, faced a quarter-on-quarter dip of -50 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -1.71 %, but a shrinkage of -1.57 % sequentially. Other income rose by 987.5 % compared to the last quarter, Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 400 %. Profit before tax declined annually by -70.97 % but saw an increase from the preceding quarter by 80 %.
Tax expenses as a percentage of profits decreased slightly by -22.96 % compared to last year, with a more notable quarter-on-quarter decrease of -15.11 %. Net profit fell by -61.9 % year-on-year but experienced a 100 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -61.9 % but a quarterly rise of 700 %. In summary, RO Jewels 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. 19.874 Cr | Rs. 6.378 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 19.53 Cr | Rs. 6.28 Cr | Rs. -0.05 Cr | -100.8 % | -100.26 % |
Operating Profit | Rs. 0.34 Cr | Rs. 0.1 Cr | Rs. 0.05 Cr | -50 % | -85.29 % |
Net Profit | Rs. 0.21 Cr | Rs. 0.04 Cr | Rs. 0.08 Cr | + 100 % | -61.9 % |
EPS in Rs | Rs. 0.21 | Rs. 0.01 | Rs. 0.08 | + 700 % | -61.9 % |
In reviewing RO Jewels Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -100.26 % compared to the previous year, with a decrease of -100.8 % quarter-on-quarter. Operating Profit dropped by -85.29 % annually, and saw a -50 % decrease from the last quarter.
Net Profit showed yearly decrease of -61.9 %, and experienced a 100 % increase from the previous quarter. Earnings Per Share (EPS) fell by -61.9 % annually, however rose by 700 % compared to the last quarter. In essence, while RO Jewels Limited 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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