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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 experienced a substantial growth of 4.38 % in the past year, substantial increase in net sales/revenue by 8.4 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -5.48 %, Marginal increase in other income during this quarter, up by 17.78%.
- Profit over the Year and quarter: Significant improvement in profitability for Vardhman Textiles Limted. Notable increase of 44.96 % in net profit Year to Year, Vardhman Textiles Limted’s profitability dropped by -17.71 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 46.61 % Year to Year. EPS decreased by -17.42 % 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. 2397.46 Cr | Rs. 2308.59 Cr | Rs. 2502.42 Cr | + 8.4 % | + 4.38 % |
Expenses | Rs. 2192.1 Cr | Rs. 1960.59 Cr | Rs. 2187.29 Cr | + 11.56 % | -0.22 % |
Operating Profit | Rs. 205.36 Cr | Rs. 348 Cr | Rs. 315.13 Cr | -9.45 % | + 53.45 % |
OPM % | 8.57 % | 15.07 % | 12.59 % | -2.48 % | + 4.02 % |
Other Income | Rs. 98.2 Cr | Rs. 78.81 Cr | Rs. 92.82 Cr | + 17.78 % | -5.48 % |
Interest | Rs. 22.01 Cr | Rs. 17.77 Cr | Rs. 17.8 Cr | + 0.17 % | -19.13 % |
Depreciation | Rs. 103.71 Cr | Rs. 96.99 Cr | Rs. 99.64 Cr | + 2.73 % | -3.92 % |
Profit before tax | Rs. 177.84 Cr | Rs. 312.05 Cr | Rs. 290.51 Cr | -6.9 % | + 63.35 % |
Tax % | 24.66 % | 24.15 % | 33.38 % | + 9.23 % | + 8.72 % |
Net Profit | Rs. 136.11 Cr | Rs. 239.77 Cr | Rs. 197.3 Cr | -17.71 % | + 44.96 % |
EPS in Rs | Rs. 4.72 | Rs. 8.38 | Rs. 6.92 | -17.42 % | + 46.61 % |
Today, we’re looking at Vardhman Textiles Limted’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 4.38 %. However, it did see a marginal increase of 8.4 % from the previous quarter. Expenses ticked up slightly by 11.56 % quarter-on-quarter, aligning with the annual decline of -0.22 %. Operating profit, while up 53.45 % compared to last year, faced a quarter-on-quarter dip of -9.45 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.02 %, but a shrinkage of -2.48 % sequentially. Other income rose by 17.78 % compared to the last quarter, despite an annual decline of -5.48 %. Interest expenses surged remarkably by 0.17 % from the previous quarter, yet the year-over-year decrease remains at a moderate -19.13 %. Depreciation costs climbed by 2.73 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -3.92 %. Profit before tax grew annually by 63.35 % but saw a reduction from the preceding quarter by -6.9 %.
Tax expenses as a percentage of profits increased slightly by 8.72 % compared to last year, with a more notable quarter-on-quarter increase of 9.23 %. Net profit rose by 44.96 % year-on-year but witnessed a -17.71 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 46.61 % but a quarterly fall of -17.42 %. In summary, Vardhman Textiles Limted’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. 2397.46 Cr | Rs. 2308.59 Cr | Rs. 2502.42 Cr | + 8.4 % | + 4.38 % |
Expenses | Rs. 2192.1 Cr | Rs. 1960.59 Cr | Rs. 2187.29 Cr | + 11.56 % | -0.22 % |
Operating Profit | Rs. 205.36 Cr | Rs. 348 Cr | Rs. 315.13 Cr | -9.45 % | + 53.45 % |
Net Profit | Rs. 136.11 Cr | Rs. 239.77 Cr | Rs. 197.3 Cr | -17.71 % | + 44.96 % |
EPS in Rs | Rs. 4.72 | Rs. 8.38 | Rs. 6.92 | -17.42 % | + 46.61 % |
In reviewing Vardhman Textiles Limted’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 4.38 % year-on-year growth, however, there was a minor increase of 8.4 % from the previous quarter. Expenses decreased by -0.22 % compared to the previous year, with a 11.56 % increase quarter-on-quarter. Operating Profit surged by 53.45 % annually, and saw a -9.45 % decrease from the last quarter.
Net Profit showed yearly increase of 44.96 %, and experienced a -17.71 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 46.61 % annually, however dipped by -17.42 % compared to the last quarter. In essence, while Vardhman Textiles Limted exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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