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VELOX INDUSTRIES ‘s Latest Q2 Report: Profit Up by 225% Year-on-Year

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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.

The comprehensive analytics outlining the performance and outlook of VELOX INDUSTRIES LIMITED‘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. 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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