Share the post "TechNVision Ventures ‘s Q2 Update: Profit Falls by 200.78% Year-on-Year"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 10.08 % in the past year, substantial increase in net sales/revenue by 5.1 %.
- 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 1631.43 %. Marginal increase in other income during this quarter, up by 413.56%.
- Profit over the Year and quarter: Challenges in sustaining profitability for TechNVision Ventures Limited. Profit dropped by -200.78 % Year to Year, TechNVision Ventures Limited’s profitability dropped by -219.48 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -200.74 % Year to Year. EPS decreased by -219.48 % 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. 50.043 Cr | Rs. 52.414 Cr | Rs. 55.086 Cr | + 5.1 % | + 10.08 % |
Expenses | Rs. 46.65 Cr | Rs. 49.22 Cr | Rs. 56.98 Cr | + 15.77 % | + 22.14 % |
Operating Profit | Rs. 3.39 Cr | Rs. 3.19 Cr | Rs. -1.89 Cr | -159.25 % | -155.75 % |
OPM % | 6.77 % | 6.09 % | -3.43 % | -9.52 % | -10.2 % |
Other Income | Rs. 0.035 Cr | Rs. 0.118 Cr | Rs. 0.606 Cr | + 413.56 % | + 1631.43 % |
Interest | Rs. 0.42 Cr | Rs. 0.45 Cr | Rs. 0.47 Cr | + 4.44 % | + 11.9 % |
Depreciation | Rs. 0.27 Cr | Rs. 0.43 Cr | Rs. 0.52 Cr | + 20.93 % | + 92.59 % |
Profit before tax | Rs. 2.74 Cr | Rs. 2.43 Cr | Rs. -2.27 Cr | -193.42 % | -182.85 % |
Tax % | 6.67 % | 11.33 % | -13.64 % | -24.97 % | -20.31 % |
Net Profit | Rs. 2.56 Cr | Rs. 2.16 Cr | Rs. -2.58 Cr | -219.44 % | -200.78 % |
EPS in Rs | Rs. 4.08 | Rs. 3.44 | Rs. -4.11 | -219.48 % | -200.74 % |
Today, we’re looking at TechNVision Ventures Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 10.08 %. However, it did see a marginal increase of 5.1 % from the previous quarter. Expenses ticked up slightly by 15.77 % quarter-on-quarter, aligning with the annual rise of 22.14 %. Operating profit, while down -155.75 % compared to last year, faced a quarter-on-quarter dip of -159.25 %, 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 -10.2 %, but a shrinkage of -9.52 % sequentially. Other income rose by 413.56 % compared to the last quarter, despite an annual growth of 1631.43 %. Interest expenses surged remarkably by 4.44 % from the previous quarter, yet the year-over-year increase remains at a moderate 11.9 %. Depreciation costs climbed by 20.93 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 92.59 %. Profit before tax declined annually by -182.85 % but saw a reduction from the preceding quarter by -193.42 %.
Tax expenses as a percentage of profits decreased slightly by -20.31 % compared to last year, with a more notable quarter-on-quarter decrease of -24.97 %. Net profit fell by -200.78 % year-on-year but witnessed a -219.44 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -200.74 % but a quarterly fall of -219.48 %. In summary, TechNVision Ventures 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. 50.043 Cr | Rs. 52.414 Cr | Rs. 55.086 Cr | + 5.1 % | + 10.08 % |
Expenses | Rs. 46.65 Cr | Rs. 49.22 Cr | Rs. 56.98 Cr | + 15.77 % | + 22.14 % |
Operating Profit | Rs. 3.39 Cr | Rs. 3.19 Cr | Rs. -1.89 Cr | -159.25 % | -155.75 % |
Net Profit | Rs. 2.56 Cr | Rs. 2.16 Cr | Rs. -2.58 Cr | -219.44 % | -200.78 % |
EPS in Rs | Rs. 4.08 | Rs. 3.44 | Rs. -4.11 | -219.48 % | -200.74 % |
In reviewing TechNVision Ventures Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.08 % year-on-year growth, however, there was a minor increase of 5.1 % from the previous quarter. Expenses rose by 22.14 % compared to the previous year, with a 15.77 % increase quarter-on-quarter. Operating Profit dropped by -155.75 % annually, and saw a -159.25 % decrease from the last quarter.
Net Profit showed yearly decrease of -200.78 %, and experienced a -219.44 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -200.74 % annually, however dipped by -219.48 % compared to the last quarter. In essence, while TechNVision Ventures 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=”TechNVision Ventures Limited”]