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Share the post "Veedol Corporation ‘s Q3 2024-25 Latest News: Revenue Falls by 2.83% YoY"
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 -2.83 % over the year, substantial increase in net sales/revenue by 1.3 %. 🔹 Income over the Year and quarter: There has been decline in other income over the past year which is -146.23 %, Marginal decrease of -154.44% in other income during this quarter. 🔹 Profit over the Year and quarter: Significant improvement in profitability for Veedol Corporation Limited. Notable increase of 11.26 % in net profit Year to Year, Veedol Corporation Limited’s profitability increased by 7.92 % in this quarter. 🔹 EPS over the Year and quarter: EPS increased by 11.24 % Year to Year. EPS increased by 7.91 % in previous quarter. Positive impact on shareholders.
| Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
|---|---|---|---|---|---|
| Sales | Rs. 496.45 Cr | Rs. 476.22 Cr | Rs. 482.42 Cr | + 1.3 % | -2.83 % |
| Expenses | Rs. 454.84 Cr | Rs. 430.07 Cr | Rs. 444.31 Cr | + 3.31 % | -2.32 % |
| Operating Profit | Rs. 41.61 Cr | Rs. 46.15 Cr | Rs. 38.11 Cr | -17.42 % | -8.41 % |
| OPM % | 8.38 % | 9.69 % | 7.9 % | -1.79 % | -0.48 % |
| Other Income | Rs. 3.98 Cr | Rs. 3.38 Cr | Rs. -1.84 Cr | -154.44 % | -146.23 % |
| Interest | Rs. 0.85 Cr | Rs. 1.18 Cr | Rs. 0.94 Cr | -20.34 % | + 10.59 % |
| Depreciation | Rs. 3.89 Cr | Rs. 8.3 Cr | Rs. 6.92 Cr | -16.63 % | + 77.89 % |
| Profit before tax | Rs. 40.85 Cr | Rs. 40.05 Cr | Rs. 28.41 Cr | -29.06 % | -30.45 % |
| Tax % | 27 % | 28.66 % | 1.34 % | -27.32 % | -25.66 % |
| Net Profit | Rs. 33.56 Cr | Rs. 34.6 Cr | Rs. 37.34 Cr | + 7.92 % | + 11.26 % |
| EPS in Rs | Rs. 19.75 | Rs. 20.36 | Rs. 21.97 | + 7.91 % | + 11.24 % |
Today, we’re looking at Veedol Corporation Limited’s financial performance for the Q3(Dec 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -2.83 %. However, it did see a marginal increase of 1.3 % from the previous quarter. Expenses ticked up slightly by 3.31 % quarter-on-quarter, aligning with the annual decline of -2.32 %. Operating profit, while down -8.41 % compared to last year, faced a quarter-on-quarter dip of -17.42 %, 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 -0.48 %, but a shrinkage of -1.79 % sequentially. Other income fell by -154.44 % compared to the last quarter, despite an annual decline of -146.23 %. Interest expenses dropped significantly by -20.34 % from the previous quarter, yet the year-over-year increase remains at a moderate 10.59 %. Depreciation costs fell by -16.63 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 77.89 %. Profit before tax declined annually by -30.45 % but saw a reduction from the preceding quarter by -29.06 %.
Tax expenses as a percentage of profits decreased slightly by -25.66 % compared to last year, with a more notable quarter-on-quarter decrease of -27.32 %. Net profit rose by 11.26 % year-on-year but experienced a 7.92 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 11.24 % but a quarterly rise of 7.91 %. In summary, Veedol Corporation Limited’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. 496.45 Cr | Rs. 476.22 Cr | Rs. 482.42 Cr | + 1.3 % | -2.83 % |
| Expenses | Rs. 454.84 Cr | Rs. 430.07 Cr | Rs. 444.31 Cr | + 3.31 % | -2.32 % |
| Operating Profit | Rs. 41.61 Cr | Rs. 46.15 Cr | Rs. 38.11 Cr | -17.42 % | -8.41 % |
| Net Profit | Rs. 33.56 Cr | Rs. 34.6 Cr | Rs. 37.34 Cr | + 7.92 % | + 11.26 % |
| EPS in Rs | Rs. 19.75 | Rs. 20.36 | Rs. 21.97 | + 7.91 % | + 11.24 % |
In reviewing Veedol Corporation Limited’s 2024-25(Q3) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -2.83 % year-on-year, however, there was a minor increase of 1.3 % from the previous quarter. Expenses decreased by -2.32 % compared to the previous year, with a 3.31 % increase quarter-on-quarter. Operating Profit dropped by -8.41 % annually, and saw a -17.42 % decrease from the last quarter.
Net Profit showed yearly increase of 11.26 %, and experienced a 7.92 % increase from the previous quarter. Earnings Per Share (EPS) rose by 11.24 % annually, however rose by 7.91 % compared to the last quarter. In essence, while Veedol Corporation Limited 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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