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Share the post "SIMPLEX PAPERS ‘s Q2 Update: Profit Falls by 119.23% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -98.77 %, Marginal decrease of -20% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for SIMPLEX PAPERS LTD.. Profit dropped by -117.69 % Year to Year, SIMPLEX PAPERS LTD.’s profitability increased by 24.32 % in this quarter.
- EPS over the Year and quarter: EPS declined by -117.62 % Year to Year. EPS increased by 22.85 % 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.07 Cr | Rs. 0.04 Cr | Rs. 0.05 Cr | + 25 % | -28.57 % |
| Operating Profit | Rs. -0.07 Cr | Rs. -0.04 Cr | Rs. -0.05 Cr | -25 % | + 28.57 % |
| OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
| Other Income | Rs. 0.325 Cr | Rs. 0.005 Cr | Rs. 0.004 Cr | -20 % | -98.77 % |
| Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Profit before tax | Rs. 0.26 Cr | Rs. -0.04 Cr | Rs. -0.05 Cr | -25 % | -119.23 % |
| Tax % | 0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. 0.26 Cr | Rs. -0.04 Cr | Rs. -0.05 Cr | -25 % | -119.23 % |
| EPS in Rs | Rs. 86.66 | Rs. -12.43 | Rs. -15.27 | -22.85 % | -117.62 % |
Today, we’re looking at SIMPLEX PAPERS LTD.’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 25 % quarter-on-quarter, aligning with the annual decline of -28.57 %. Operating profit, while up 28.57 % compared to last year, faced a quarter-on-quarter dip of -25 %, signaling a short-term contraction in margins.
Other income fell by -20 % compared to the last quarter, despite an annual decline of -98.77 %. Profit before tax declined annually by -119.23 % but saw a reduction from the preceding quarter by -25 %.
Net profit fell by -119.23 % year-on-year but witnessed a -25 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -117.62 % but a quarterly fall of -22.85 %. In summary, SIMPLEX PAPERS 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 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
| Expenses | Rs. 0.07 Cr | Rs. 0.04 Cr | Rs. 0.05 Cr | + 25 % | -28.57 % |
| Operating Profit | Rs. -0.07 Cr | Rs. -0.04 Cr | Rs. -0.05 Cr | -25 % | + 28.57 % |
| Net Profit | Rs. 0.26 Cr | Rs. -0.04 Cr | Rs. -0.05 Cr | -25 % | -119.23 % |
| EPS in Rs | Rs. 86.66 | Rs. -12.43 | Rs. -15.27 | -22.85 % | -117.62 % |
In reviewing SIMPLEX PAPERS LTD.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -28.57 % compared to the previous year, with a 25 % increase quarter-on-quarter. Operating Profit surged by 28.57 % annually, and saw a -25 % decrease from the last quarter.
Net Profit showed yearly decrease of -119.23 %, and experienced a -25 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -117.62 % annually, however dipped by -22.85 % compared to the last quarter. In essence, while SIMPLEX PAPERS 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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