Share the post "Teesta Agro Industries Reports Q2: Revenue Up by 14.27% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 14.27 % in the past year, substantial increase in net sales/revenue by 76.77 %.
- Profit over the Year and quarter: Significant improvement in profitability for Teesta Agro Industries Ltd. Notable increase of 61.36 % in net profit Year to Year, Teesta Agro Industries Ltd’s profitability increased by 44.9 % in this quarter.
- EPS over the Year and quarter: EPS increased by 62.03 % Year to Year. EPS increased by 47.13 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 46.61 Cr | Rs. 30.13 Cr | Rs. 53.26 Cr | + 76.77 % | + 14.27 % |
Expenses | Rs. 45.28 Cr | Rs. 28.51 Cr | Rs. 51.79 Cr | + 81.66 % | + 14.38 % |
Operating Profit | Rs. 1.33 Cr | Rs. 1.62 Cr | Rs. 1.47 Cr | -9.26 % | + 10.53 % |
OPM % | 2.85 % | 5.38 % | 2.76 % | -2.62 % | -0.09 % |
Other Income | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.21 Cr | Rs. 0.41 Cr | Rs. 0.02 Cr | -95.12 % | -90.48 % |
Depreciation | Rs. 0.52 Cr | Rs. 0.55 Cr | Rs. 0.51 Cr | -7.27 % | -1.92 % |
Profit before tax | Rs. 0.62 Cr | Rs. 0.67 Cr | Rs. 0.94 Cr | + 40.3 % | + 51.61 % |
Tax % | 29.03 % | 26.87 % | 24.47 % | -2.4 % | -4.56 % |
Net Profit | Rs. 0.44 Cr | Rs. 0.49 Cr | Rs. 0.71 Cr | + 44.9 % | + 61.36 % |
EPS in Rs | Rs. 0.79 | Rs. 0.87 | Rs. 1.28 | + 47.13 % | + 62.03 % |
Today, we’re looking at Teesta Agro Industries Ltd’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 14.27 %. However, it did see a marginal increase of 76.77 % from the previous quarter. Expenses ticked up slightly by 81.66 % quarter-on-quarter, aligning with the annual rise of 14.38 %. Operating profit, while up 10.53 % compared to last year, faced a quarter-on-quarter dip of -9.26 %, 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 -0.09 %, but a shrinkage of -2.62 % sequentially. Interest expenses dropped significantly by -95.12 % from the previous quarter, yet the year-over-year decrease remains at a moderate -90.48 %. Depreciation costs fell by -7.27 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -1.92 %. Profit before tax grew annually by 51.61 % but saw an increase from the preceding quarter by 40.3 %.
Tax expenses as a percentage of profits decreased slightly by -4.56 % compared to last year, with a more notable quarter-on-quarter decrease of -2.4 %. Net profit rose by 61.36 % year-on-year but experienced a 44.9 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 62.03 % but a quarterly rise of 47.13 %. In summary, Teesta Agro Industries 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. 46.61 Cr | Rs. 30.13 Cr | Rs. 53.26 Cr | + 76.77 % | + 14.27 % |
Expenses | Rs. 45.28 Cr | Rs. 28.51 Cr | Rs. 51.79 Cr | + 81.66 % | + 14.38 % |
Operating Profit | Rs. 1.33 Cr | Rs. 1.62 Cr | Rs. 1.47 Cr | -9.26 % | + 10.53 % |
Net Profit | Rs. 0.44 Cr | Rs. 0.49 Cr | Rs. 0.71 Cr | + 44.9 % | + 61.36 % |
EPS in Rs | Rs. 0.79 | Rs. 0.87 | Rs. 1.28 | + 47.13 % | + 62.03 % |
In reviewing Teesta Agro Industries Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 14.27 % year-on-year growth, however, there was a minor increase of 76.77 % from the previous quarter. Expenses rose by 14.38 % compared to the previous year, with a 81.66 % increase quarter-on-quarter. Operating Profit surged by 10.53 % annually, and saw a -9.26 % decrease from the last quarter.
Net Profit showed yearly increase of 61.36 %, and experienced a 44.9 % increase from the previous quarter. Earnings Per Share (EPS) rose by 62.03 % annually, however rose by 47.13 % compared to the last quarter. In essence, while Teesta Agro Industries Ltd exhibits strong annual growth 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.
[my_shortcode1 values=”Teesta Agro Industries Ltd”]