Share the post "Shree Digvijay Cement Co’s Q2 Results: Profit Drops by 94.59% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -20.88 % over the year, decrease in net sales/revenue by -17.9 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -62.05 %, Marginal decrease of -61.16% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Shree Digvijay Cement Co.Ltd. Profit dropped by -94.66 % Year to Year, Shree Digvijay Cement Co.Ltd’s profitability dropped by -96.5 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.12 % Year to Year. EPS decreased by -96.05 % 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. 183.491 Cr | Rs. 176.829 Cr | Rs. 145.178 Cr | -17.9 % | -20.88 % |
Expenses | Rs. 165.56 Cr | Rs. 155.26 Cr | Rs. 137.08 Cr | -11.71 % | -17.2 % |
Operating Profit | Rs. 17.93 Cr | Rs. 21.57 Cr | Rs. 8.1 Cr | -62.45 % | -54.82 % |
OPM % | 9.77 % | 12.2 % | 5.58 % | -6.62 % | -4.19 % |
Other Income | Rs. 2.229 Cr | Rs. 2.178 Cr | Rs. 0.846 Cr | -61.16 % | -62.05 % |
Interest | Rs. 0.77 Cr | Rs. 0.72 Cr | Rs. 0.68 Cr | -5.56 % | -11.69 % |
Depreciation | Rs. 8.94 Cr | Rs. 8 Cr | Rs. 7.53 Cr | -5.88 % | -15.77 % |
Profit before tax | Rs. 10.45 Cr | Rs. 15.03 Cr | Rs. 0.74 Cr | -95.08 % | -92.92 % |
Tax % | 29.23 % | 24.97 % | 46.84 % | + 21.87 % | + 17.61 % |
Net Profit | Rs. 7.4 Cr | Rs. 11.27 Cr | Rs. 0.4 Cr | -96.45 % | -94.59 % |
EPS in Rs | Rs. 0.5 | Rs. 0.76 | Rs. 0.03 | -96.05 % | -94 % |
Today, we’re looking at Shree Digvijay Cement Co.Ltd’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 -20.88 %. However, it did see a marginal slip of -17.9 % from the previous quarter. Expenses decreased slightly by -11.71 % quarter-on-quarter, aligning with the annual decline of -17.2 %. Operating profit, while down -54.82 % compared to last year, faced a quarter-on-quarter dip of -62.45 %, 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 -4.19 %, but a shrinkage of -6.62 % sequentially. Other income fell by -61.16 % compared to the last quarter, despite an annual decline of -62.05 %. Interest expenses dropped significantly by -5.56 % from the previous quarter, yet the year-over-year decrease remains at a moderate -11.69 %. Depreciation costs fell by -5.88 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -15.77 %. Profit before tax declined annually by -92.92 % but saw a reduction from the preceding quarter by -95.08 %.
Tax expenses as a percentage of profits increased slightly by 17.61 % compared to last year, with a more notable quarter-on-quarter increase of 21.87 %. Net profit fell by -94.59 % year-on-year but witnessed a -96.45 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -94 % but a quarterly fall of -96.05 %. In summary, Shree Digvijay Cement Co.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. 183.491 Cr | Rs. 176.829 Cr | Rs. 145.178 Cr | -17.9 % | -20.88 % |
Expenses | Rs. 165.56 Cr | Rs. 155.26 Cr | Rs. 137.08 Cr | -11.71 % | -17.2 % |
Operating Profit | Rs. 17.93 Cr | Rs. 21.57 Cr | Rs. 8.1 Cr | -62.45 % | -54.82 % |
Net Profit | Rs. 7.4 Cr | Rs. 11.27 Cr | Rs. 0.4 Cr | -96.45 % | -94.59 % |
EPS in Rs | Rs. 0.5 | Rs. 0.76 | Rs. 0.03 | -96.05 % | -94 % |
In reviewing Shree Digvijay Cement Co.Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -20.88 % year-on-year, although there was a slight dip of -17.9 % from the previous quarter. Expenses decreased by -17.2 % compared to the previous year, with a decrease of -11.71 % quarter-on-quarter. Operating Profit dropped by -54.82 % annually, and saw a -62.45 % decrease from the last quarter.
Net Profit showed yearly decrease of -94.59 %, and experienced a -96.45 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -94 % annually, however dipped by -96.05 % compared to the last quarter. In essence, while Shree Digvijay Cement Co.Ltd 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.
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