Share the post "Shashijit Infraprojects ‘s Q2 Update: Profit Falls by 572.73% 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’s sales declined by -22.39 % over the year, decrease in net sales/revenue by -36.64 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -53.85 %, Marginal decrease of -96.18% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shashijit Infraprojects Limited. Profit dropped by -589.62 % Year to Year, Shashijit Infraprojects Limited’s profitability dropped by -490.23 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -200.00 % Year to Year. EPS decreased by -433.33 % in previous quarter. Analysis needed for shareholder value.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 6.182 Cr | Rs. 7.573 Cr | Rs. 4.798 Cr | -36.64 % | -22.39 % |
Expenses | Rs. 5.48 Cr | Rs. 6.66 Cr | Rs. 4.83 Cr | -27.48 % | -11.86 % |
Operating Profit | Rs. 0.7 Cr | Rs. 0.91 Cr | Rs. -0.03 Cr | -103.3 % | -104.29 % |
OPM % | 11.32 % | 12.02 % | -0.63 % | -12.65 % | -11.95 % |
Other Income | Rs. 0.013 Cr | Rs. 0.157 Cr | Rs. 0.006 Cr | -96.18 % | -53.85 % |
Interest | Rs. 0.27 Cr | Rs. 0.22 Cr | Rs. 0.19 Cr | -13.64 % | -29.63 % |
Depreciation | Rs. 0.25 Cr | Rs. 0.19 Cr | Rs. 0.2 Cr | + 5.26 % | -20 % |
Profit before tax | Rs. 0.19 Cr | Rs. 0.66 Cr | Rs. -0.41 Cr | -162.12 % | -315.79 % |
Tax % | 43.98 % | 79.88 % | -24.46 % | -104.34 % | -68.44 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.13 Cr | Rs. -0.52 Cr | -500 % | -572.73 % |
EPS in Rs | Rs. 0.1 | Rs. 0.03 | Rs. -0.1 | -433.33 % | -200 % |
Today, we’re looking at Shashijit Infraprojects Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -22.39 %. However, it did see a marginal slip of -36.64 % from the previous quarter. Expenses decreased slightly by -27.48 % quarter-on-quarter, aligning with the annual decline of -11.86 %. Operating profit, while down -104.29 % compared to last year, faced a quarter-on-quarter dip of -103.3 %, 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 -11.95 %, but a shrinkage of -12.65 % sequentially. Other income fell by -96.18 % compared to the last quarter, despite an annual decline of -53.85 %. Interest expenses dropped significantly by -13.64 % from the previous quarter, yet the year-over-year decrease remains at a moderate -29.63 %. Depreciation costs climbed by 5.26 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -20 %. Profit before tax declined annually by -315.79 % but saw a reduction from the preceding quarter by -162.12 %.
Tax expenses as a percentage of profits decreased slightly by -68.44 % compared to last year, with a more notable quarter-on-quarter decrease of -104.34 %. Net profit fell by -572.73 % year-on-year but witnessed a -500 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -200 % but a quarterly fall of -433.33 %. In summary, Shashijit Infraprojects 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. 6.182 Cr | Rs. 7.573 Cr | Rs. 4.798 Cr | -36.64 % | -22.39 % |
Expenses | Rs. 5.48 Cr | Rs. 6.66 Cr | Rs. 4.83 Cr | -27.48 % | -11.86 % |
Operating Profit | Rs. 0.7 Cr | Rs. 0.91 Cr | Rs. -0.03 Cr | -103.3 % | -104.29 % |
Net Profit | Rs. 0.11 Cr | Rs. 0.13 Cr | Rs. -0.52 Cr | -500 % | -572.73 % |
EPS in Rs | Rs. 0.1 | Rs. 0.03 | Rs. -0.1 | -433.33 % | -200 % |
In reviewing Shashijit Infraprojects Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -22.39 % year-on-year, although there was a slight dip of -36.64 % from the previous quarter. Expenses decreased by -11.86 % compared to the previous year, with a decrease of -27.48 % quarter-on-quarter. Operating Profit dropped by -104.29 % annually, and saw a -103.3 % decrease from the last quarter.
Net Profit showed yearly decrease of -572.73 %, and experienced a -500 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -200 % annually, however dipped by -433.33 % compared to the last quarter. In essence, while Shashijit Infraprojects Limited faces strong annual decline indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
[my_shortcode1 values=”Shashijit Infraprojects Limited”]