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Tyche Industries announces Q2 results: Profit Rises by 27.39% YoY

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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 28.05 % in the past year, substantial increase in net sales/revenue by 32.32 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -25.11 %, Marginal decrease of -25.11% in other income during this quarter.
  • Profit over the Year and quarter: Significant improvement in profitability for Tyche Industries Ltd.. Notable increase of 27.27 % in net profit Year to Year, Tyche Industries Ltd.’s profitability increased by 46.55 % in this quarter.
  • EPS over the Year and quarter: EPS increased by 27.45 % Year to Year. EPS increased by 46.62 % in previous quarter. Positive impact on shareholders.

The comprehensive analytics outlining the performance and outlook of Tyche Industries Ltd.‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 16.037 Cr Rs. 15.52 Cr Rs. 20.536 Cr + 32.32 % + 28.05 %
Expenses Rs. 12.9 Cr Rs. 12.91 Cr Rs. 15.82 Cr + 22.54 % + 22.64 %
Operating Profit Rs. 3.14 Cr Rs. 2.61 Cr Rs. 4.72 Cr + 80.84 % + 50.32 %
OPM % 19.58 % 16.82 % 22.98 % + 6.16 % + 3.4 %
Other Income Rs. 1.525 Cr Rs. 1.525 Cr Rs. 1.142 Cr -25.11 % -25.11 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0.47 Cr Rs. 0.5 Cr Rs. 0.5 Cr + 0 % + 6.38 %
Profit before tax Rs. 4.2 Cr Rs. 3.64 Cr Rs. 5.36 Cr + 47.25 % + 27.62 %
Tax % 25.17 % 25.17 % 25.49 % + 0.32 % + 0.32 %
Net Profit Rs. 3.14 Cr Rs. 2.73 Cr Rs. 4 Cr + 46.52 % + 27.39 %
EPS in Rs Rs. 3.06 Rs. 2.66 Rs. 3.9 + 46.62 % + 27.45 %


Today, we’re looking at Tyche 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 28.05 %. However, it did see a marginal increase of 32.32 % from the previous quarter. Expenses ticked up slightly by 22.54 % quarter-on-quarter, aligning with the annual rise of 22.64 %. Operating profit, while up 50.32 % compared to last year, faced a quarter-on-quarter increase of 80.84 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 3.4 %, but an expansion of 6.16 % sequentially. Other income fell by -25.11 % compared to the last quarter, despite an annual decline of -25.11 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 6.38 %. Profit before tax grew annually by 27.62 % but saw an increase from the preceding quarter by 47.25 %.
Tax expenses as a percentage of profits increased slightly by 0.32 % compared to last year, with a more notable quarter-on-quarter increase of 0.32 %. Net profit rose by 27.39 % year-on-year but experienced a 46.52 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 27.45 % but a quarterly rise of 46.62 %. In summary, Tyche 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. 16.037 Cr Rs. 15.52 Cr Rs. 20.536 Cr + 32.32 % + 28.05 %
Expenses Rs. 12.9 Cr Rs. 12.91 Cr Rs. 15.82 Cr + 22.54 % + 22.64 %
Operating Profit Rs. 3.14 Cr Rs. 2.61 Cr Rs. 4.72 Cr + 80.84 % + 50.32 %
Net Profit Rs. 3.14 Cr Rs. 2.73 Cr Rs. 4 Cr + 46.52 % + 27.39 %
EPS in Rs Rs. 3.06 Rs. 2.66 Rs. 3.9 + 46.62 % + 27.45 %


In reviewing Tyche Industries Ltd.’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 28.05 % year-on-year growth, however, there was a minor increase of 32.32 % from the previous quarter. Expenses rose by 22.64 % compared to the previous year, with a 22.54 % increase quarter-on-quarter. Operating Profit surged by 50.32 % annually, and saw a 80.84 % increase from the last quarter.
Net Profit showed yearly increase of 27.39 %, and experienced a 46.52 % increase from the previous quarter. Earnings Per Share (EPS) rose by 27.45 % annually, however rose by 46.62 % compared to the last quarter. In essence, while Tyche 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.

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