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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 -36.99 % over the year, decrease in net sales/revenue by -28.54 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 137.5 %. Marginal increase in other income during this quarter, up by 660%.
- Profit over the Year and quarter: Significant improvement in profitability for Tarmat Limited. Notable increase of 43.66 % in net profit Year to Year, Tarmat Limited’s profitability dropped by -26.22 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 46.15 % Year to Year. EPS decreased by -29.63 % 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. 24.704 Cr | Rs. 21.784 Cr | Rs. 15.566 Cr | -28.54 % | -36.99 % |
| Expenses | Rs. 24.04 Cr | Rs. 20.86 Cr | Rs. 15 Cr | -28.09 % | -37.6 % |
| Operating Profit | Rs. 0.66 Cr | Rs. 0.92 Cr | Rs. 0.57 Cr | -38.04 % | -13.64 % |
| OPM % | 2.67 % | 4.22 % | 3.66 % | -0.56 % | + 0.99 % |
| Other Income | Rs. 0.016 Cr | Rs. 0.005 Cr | Rs. 0.038 Cr | + 660 % | + 137.5 % |
| Interest | Rs. 0.22 Cr | Rs. 0.23 Cr | Rs. 0.04 Cr | -82.61 % | -81.82 % |
| Depreciation | Rs. 0.21 Cr | Rs. 0.18 Cr | Rs. 0.18 Cr | + 0 % | -14.29 % |
| Profit before tax | Rs. 0.25 Cr | Rs. 0.52 Cr | Rs. 0.39 Cr | -25 % | + 56 % |
| Tax % | 12.7 % | 5.33 % | 7.37 % | + 2.04 % | -5.33 % |
| Net Profit | Rs. 0.28 Cr | Rs. 0.55 Cr | Rs. 0.41 Cr | -25.45 % | + 46.43 % |
| EPS in Rs | Rs. 0.13 | Rs. 0.27 | Rs. 0.14 | -48.15 % | + 7.69 % |
Today, we’re looking at Tarmat 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 -36.99 %. However, it did see a marginal slip of -28.54 % from the previous quarter. Expenses decreased slightly by -28.09 % quarter-on-quarter, aligning with the annual decline of -37.6 %. Operating profit, while down -13.64 % compared to last year, faced a quarter-on-quarter dip of -38.04 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.99 %, but a shrinkage of -0.56 % sequentially. Other income rose by 660 % compared to the last quarter, despite an annual growth of 137.5 %. Interest expenses dropped significantly by -82.61 % from the previous quarter, yet the year-over-year decrease remains at a moderate -81.82 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -14.29 %. Profit before tax grew annually by 56 % but saw a reduction from the preceding quarter by -25 %.
Tax expenses as a percentage of profits decreased slightly by -5.33 % compared to last year, with a more notable quarter-on-quarter increase of 2.04 %. Net profit rose by 46.43 % year-on-year but witnessed a -25.45 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 7.69 % but a quarterly fall of -48.15 %. In summary, Tarmat 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. 24.704 Cr | Rs. 21.784 Cr | Rs. 15.566 Cr | -28.54 % | -36.99 % |
| Expenses | Rs. 24.04 Cr | Rs. 20.86 Cr | Rs. 15 Cr | -28.09 % | -37.6 % |
| Operating Profit | Rs. 0.66 Cr | Rs. 0.92 Cr | Rs. 0.57 Cr | -38.04 % | -13.64 % |
| Net Profit | Rs. 0.28 Cr | Rs. 0.55 Cr | Rs. 0.41 Cr | -25.45 % | + 46.43 % |
| EPS in Rs | Rs. 0.13 | Rs. 0.27 | Rs. 0.14 | -48.15 % | + 7.69 % |
In reviewing Tarmat Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -36.99 % year-on-year, although there was a slight dip of -28.54 % from the previous quarter. Expenses decreased by -37.6 % compared to the previous year, with a decrease of -28.09 % quarter-on-quarter. Operating Profit dropped by -13.64 % annually, and saw a -38.04 % decrease from the last quarter.
Net Profit showed yearly increase of 46.43 %, and experienced a -25.45 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 7.69 % annually, however dipped by -48.15 % compared to the last quarter. In essence, while Tarmat Limited exhibits strong annual growth 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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