Share the post "Triveni Glass ‘s Q2 Update: Profit Falls by 103.42% Year-on-Year"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: There has been decline in other income over the past year which is -94.48 %, Marginal decrease of -80.13% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Triveni Glass Ltd.,. Profit dropped by -103.5 % Year to Year, Triveni Glass Ltd.,’s profitability dropped by -113.82 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -103.48 % Year to Year. EPS decreased by -113.79 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.54 Cr | Rs. 0.23 Cr | Rs. 0.16 Cr | -30.43 % | -70.37 % |
Operating Profit | Rs. -0.54 Cr | Rs. -0.23 Cr | Rs. -0.16 Cr | + 30.43 % | + 70.37 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 2.192 Cr | Rs. 0.609 Cr | Rs. 0.121 Cr | -80.13 % | -94.48 % |
Interest | Rs. 0.18 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0.02 Cr | Rs. 0.01 Cr | Rs. 0.01 Cr | + 0 % | -50 % |
Profit before tax | Rs. 1.45 Cr | Rs. 0.37 Cr | Rs. -0.05 Cr | -113.51 % | -103.45 % |
Tax % | 0 % | 0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. 1.46 Cr | Rs. 0.37 Cr | Rs. -0.05 Cr | -113.51 % | -103.42 % |
EPS in Rs | Rs. 1.15 | Rs. 0.29 | Rs. -0.04 | -113.79 % | -103.48 % |
Today, we’re looking at Triveni Glass Ltd.,’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -30.43 % quarter-on-quarter, aligning with the annual decline of -70.37 %. Operating profit, while up 70.37 % compared to last year, faced a quarter-on-quarter increase of 30.43 %, signaling a short-term expansion in margins.
Other income fell by -80.13 % compared to the last quarter, despite an annual decline of -94.48 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -50 %. Profit before tax declined annually by -103.45 % but saw a reduction from the preceding quarter by -113.51 %.
Net profit fell by -103.42 % year-on-year but witnessed a -113.51 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -103.48 % but a quarterly fall of -113.79 %. In summary, Triveni Glass 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.54 Cr | Rs. 0.23 Cr | Rs. 0.16 Cr | -30.43 % | -70.37 % |
Operating Profit | Rs. -0.54 Cr | Rs. -0.23 Cr | Rs. -0.16 Cr | + 30.43 % | + 70.37 % |
Net Profit | Rs. 1.46 Cr | Rs. 0.37 Cr | Rs. -0.05 Cr | -113.51 % | -103.42 % |
EPS in Rs | Rs. 1.15 | Rs. 0.29 | Rs. -0.04 | -113.79 % | -103.48 % |
In reviewing Triveni Glass Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -70.37 % compared to the previous year, with a decrease of -30.43 % quarter-on-quarter. Operating Profit surged by 70.37 % annually, and saw a 30.43 % increase from the last quarter.
Net Profit showed yearly decrease of -103.42 %, and experienced a -113.51 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -103.48 % annually, however dipped by -113.79 % compared to the last quarter. In essence, while Triveni Glass Ltd., 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=”Triveni Glass Ltd.,”]