Share the post "T & I Global ‘s Q2 Results: Profit Drops by 38.19% YoY"
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 -50.42 % over the year, substantial increase in net sales/revenue by 40.12 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -89.03 %, Marginal increase in other income during this quarter, up by 41.04%.
- Profit over the Year and quarter: Challenges in sustaining profitability for T & I Global Ltd.. Profit dropped by -38.17 % Year to Year, T & I Global Ltd.’s profitability increased by 353.32 % in this quarter.
- EPS over the Year and quarter: EPS declined by -38.16 % Year to Year. EPS increased by 353.1 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 44.54 Cr | Rs. 15.759 Cr | Rs. 22.082 Cr | + 40.12 % | -50.42 % |
Expenses | Rs. 39.99 Cr | Rs. 14.87 Cr | Rs. 18.77 Cr | + 26.23 % | -53.06 % |
Operating Profit | Rs. 4.55 Cr | Rs. 0.89 Cr | Rs. 3.31 Cr | + 271.91 % | -27.25 % |
OPM % | 10.22 % | 5.65 % | 14.99 % | + 9.34 % | + 4.77 % |
Other Income | Rs. 1.723 Cr | Rs. 0.134 Cr | Rs. 0.189 Cr | + 41.04 % | -89.03 % |
Interest | Rs. 0.1 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.4 Cr | Rs. 0.28 Cr | Rs. 0.26 Cr | -7.14 % | -35 % |
Profit before tax | Rs. 5.77 Cr | Rs. 0.74 Cr | Rs. 3.24 Cr | + 337.84 % | -43.85 % |
Tax % | 27.36 % | 23.53 % | 19.92 % | -3.61 % | -7.44 % |
Net Profit | Rs. 4.19 Cr | Rs. 0.57 Cr | Rs. 2.59 Cr | + 354.39 % | -38.19 % |
EPS in Rs | Rs. 8.28 | Rs. 1.13 | Rs. 5.12 | + 353.1 % | -38.16 % |
Today, we’re looking at T & I Global 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 -50.42 %. However, it did see a marginal increase of 40.12 % from the previous quarter. Expenses ticked up slightly by 26.23 % quarter-on-quarter, aligning with the annual decline of -53.06 %. Operating profit, while down -27.25 % compared to last year, faced a quarter-on-quarter increase of 271.91 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.77 %, but an expansion of 9.34 % sequentially. Other income rose by 41.04 % compared to the last quarter, despite an annual decline of -89.03 %. Depreciation costs fell by -7.14 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -35 %. Profit before tax declined annually by -43.85 % but saw an increase from the preceding quarter by 337.84 %.
Tax expenses as a percentage of profits decreased slightly by -7.44 % compared to last year, with a more notable quarter-on-quarter decrease of -3.61 %. Net profit fell by -38.19 % year-on-year but experienced a 354.39 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -38.16 % but a quarterly rise of 353.1 %. In summary, T & I Global 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. 44.54 Cr | Rs. 15.759 Cr | Rs. 22.082 Cr | + 40.12 % | -50.42 % |
Expenses | Rs. 39.99 Cr | Rs. 14.87 Cr | Rs. 18.77 Cr | + 26.23 % | -53.06 % |
Operating Profit | Rs. 4.55 Cr | Rs. 0.89 Cr | Rs. 3.31 Cr | + 271.91 % | -27.25 % |
Net Profit | Rs. 4.19 Cr | Rs. 0.57 Cr | Rs. 2.59 Cr | + 354.39 % | -38.19 % |
EPS in Rs | Rs. 8.28 | Rs. 1.13 | Rs. 5.12 | + 353.1 % | -38.16 % |
In reviewing T & I Global Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -50.42 % year-on-year, however, there was a minor increase of 40.12 % from the previous quarter. Expenses decreased by -53.06 % compared to the previous year, with a 26.23 % increase quarter-on-quarter. Operating Profit dropped by -27.25 % annually, and saw a 271.91 % increase from the last quarter.
Net Profit showed yearly decrease of -38.19 %, and experienced a 354.39 % increase from the previous quarter. Earnings Per Share (EPS) fell by -38.16 % annually, however rose by 353.1 % compared to the last quarter. In essence, while T & I Global Ltd. 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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