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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 -4.71 % over the year, decrease in net sales/revenue by -1.71 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -22.09 %, Marginal decrease of -23.6% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Trident Ltd. Profit dropped by -7.74 % Year to Year, Trident Ltd’s profitability increased by 12.76 % in this quarter.
- EPS over the Year and quarter: EPS declined by -5.56 % Year to Year. EPS increased by 13.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 1797.52 Cr | Rs. 1742.71 Cr | Rs. 1712.94 Cr | -1.71 % | -4.71 % |
Expenses | Rs. 1557.26 Cr | Rs. 1517.37 Cr | Rs. 1486.65 Cr | -2.02 % | -4.53 % |
Operating Profit | Rs. 240.26 Cr | Rs. 225.34 Cr | Rs. 226.29 Cr | + 0.42 % | -5.81 % |
OPM % | 13.37 % | 12.93 % | 13.21 % | + 0.28 % | -0.16 % |
Other Income | Rs. 14.58 Cr | Rs. 14.87 Cr | Rs. 11.36 Cr | -23.6 % | -22.09 % |
Interest | Rs. 35.01 Cr | Rs. 46.53 Cr | Rs. 46.39 Cr | -0.3 % | + 32.5 % |
Depreciation | Rs. 89.39 Cr | Rs. 91.69 Cr | Rs. 92.19 Cr | + 0.55 % | + 3.13 % |
Profit before tax | Rs. 130.44 Cr | Rs. 101.99 Cr | Rs. 99.07 Cr | -2.86 % | -24.05 % |
Tax % | 30.77 % | 27.55 % | 15.9 % | -11.65 % | -14.87 % |
Net Profit | Rs. 90.31 Cr | Rs. 73.89 Cr | Rs. 83.32 Cr | + 12.76 % | -7.74 % |
EPS in Rs | Rs. 0.18 | Rs. 0.15 | Rs. 0.17 | + 13.33 % | -5.56 % |
Today, we’re looking at Trident 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 -4.71 %. However, it did see a marginal slip of -1.71 % from the previous quarter. Expenses decreased slightly by -2.02 % quarter-on-quarter, aligning with the annual decline of -4.53 %. Operating profit, while down -5.81 % compared to last year, faced a quarter-on-quarter increase of 0.42 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -0.16 %, but an expansion of 0.28 % sequentially. Other income fell by -23.6 % compared to the last quarter, despite an annual decline of -22.09 %. Interest expenses dropped significantly by -0.3 % from the previous quarter, yet the year-over-year increase remains at a moderate 32.5 %. Depreciation costs climbed by 0.55 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 3.13 %. Profit before tax declined annually by -24.05 % but saw a reduction from the preceding quarter by -2.86 %.
Tax expenses as a percentage of profits decreased slightly by -14.87 % compared to last year, with a more notable quarter-on-quarter decrease of -11.65 %. Net profit fell by -7.74 % year-on-year but experienced a 12.76 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -5.56 % but a quarterly rise of 13.33 %. In summary, Trident 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. 1797.52 Cr | Rs. 1742.71 Cr | Rs. 1712.94 Cr | -1.71 % | -4.71 % |
Expenses | Rs. 1557.26 Cr | Rs. 1517.37 Cr | Rs. 1486.65 Cr | -2.02 % | -4.53 % |
Operating Profit | Rs. 240.26 Cr | Rs. 225.34 Cr | Rs. 226.29 Cr | + 0.42 % | -5.81 % |
Net Profit | Rs. 90.31 Cr | Rs. 73.89 Cr | Rs. 83.32 Cr | + 12.76 % | -7.74 % |
EPS in Rs | Rs. 0.18 | Rs. 0.15 | Rs. 0.17 | + 13.33 % | -5.56 % |
In reviewing Trident Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -4.71 % year-on-year, although there was a slight dip of -1.71 % from the previous quarter. Expenses decreased by -4.53 % compared to the previous year, with a decrease of -2.02 % quarter-on-quarter. Operating Profit dropped by -5.81 % annually, and saw a 0.42 % increase from the last quarter.
Net Profit showed yearly decrease of -7.74 %, and experienced a 12.76 % increase from the previous quarter. Earnings Per Share (EPS) fell by -5.56 % annually, however rose by 13.33 % compared to the last quarter. In essence, while Trident 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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