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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Income over the Year and quarter: Marginal increase in other income during this quarter, up by 0%.
- Profit over the Year and quarter: Challenges in sustaining profitability for VELOX INDUSTRIES LIMITED. Profit dropped by -220 % Year to Year, VELOX INDUSTRIES LIMITED’s profitability increased by 65.52 % in this quarter.
- EPS over the Year and quarter: EPS declined by -220.00 % Year to Year.
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. 0.04 Cr | Rs. 0.06 Cr | Rs. 0.03 Cr | -50 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.06 Cr | Rs. -0.03 Cr | + 50 % | + 25 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0 Cr | Rs. 0.102 Cr | Rs. 0.102 Cr | + 0 % | 0 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Profit before tax | Rs. -0.04 Cr | Rs. 0.04 Cr | Rs. 0.07 Cr | + 75 % | + 275 % |
Tax % | -0 % | 25.64 % | 30.43 % | + 4.79 % | + 30.43 % |
Net Profit | Rs. -0.04 Cr | Rs. 0.03 Cr | Rs. 0.05 Cr | + 66.67 % | + 225 % |
EPS in Rs | Rs. -0.05 | Rs. 0 | Rs. 0.06 | 0 % | + 220 % |
Today, we’re looking at VELOX INDUSTRIES LIMITED’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -50 % quarter-on-quarter, aligning with the annual decline of -25 %. Operating profit, while up 25 % compared to last year, faced a quarter-on-quarter increase of 50 %, signaling a short-term expansion in margins.
Other income rose by 0 % compared to the last quarter, Profit before tax grew annually by 275 % but saw an increase from the preceding quarter by 75 %.
Tax expenses as a percentage of profits increased slightly by 30.43 % compared to last year, with a more notable quarter-on-quarter increase of 4.79 %. Net profit rose by 225 % year-on-year but experienced a 66.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 220 % In summary, VELOX INDUSTRIES 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.04 Cr | Rs. 0.06 Cr | Rs. 0.03 Cr | -50 % | -25 % |
Operating Profit | Rs. -0.04 Cr | Rs. -0.06 Cr | Rs. -0.03 Cr | + 50 % | + 25 % |
Net Profit | Rs. -0.04 Cr | Rs. 0.03 Cr | Rs. 0.05 Cr | + 66.67 % | + 225 % |
EPS in Rs | Rs. -0.05 | Rs. 0 | Rs. 0.06 | 0 % | + 220 % |
In reviewing VELOX INDUSTRIES LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -25 % compared to the previous year, with a decrease of -50 % quarter-on-quarter. Operating Profit surged by 25 % annually, and saw a 50 % increase from the last quarter.
Net Profit showed yearly increase of 225 %, and experienced a 66.67 % increase from the previous quarter. Earnings Per Share (EPS) rose by 220 % annually, In essence, while VELOX INDUSTRIES LIMITED 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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