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Viksit Engineering ‘s Q2 Report: Profit Decreases by 227.27% YoY

November 14, 2024November 14, 2024| adminadmin| 0 Comments| 9:45 pm
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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: There has been decline in other income over the past year which is -99.22 %, Marginal increase in other income during this quarter, up by 0%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Viksit Engineering Ltd. Profit dropped by -224.43 % Year to Year, Viksit Engineering Ltd’s profitability dropped by -6.78 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -224.72 % Year to Year. EPS decreased by -6.59 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Viksit Engineering 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. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.42 Cr Rs. 0.28 Cr Rs. 0.28 Cr + 0 % -33.33 %
Operating Profit Rs. -0.42 Cr Rs. -0.28 Cr Rs. -0.28 Cr + 0 % + 33.33 %
OPM % 0 % 0 % 0 % 0 % 0 %
Other Income Rs. 0.638 Cr Rs. 0.005 Cr Rs. 0.005 Cr + 0 % -99.22 %
Interest Rs. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Depreciation Rs. 0 Cr Rs. 0.02 Cr Rs. 0 Cr 0 % 0 %
Profit before tax Rs. 0.22 Cr Rs. -0.3 Cr Rs. -0.28 Cr + 6.67 % -227.27 %
Tax % 0 % -0.34 % -0 % + 0.34 % 0 %
Net Profit Rs. 0.22 Cr Rs. -0.3 Cr Rs. -0.28 Cr + 6.67 % -227.27 %
EPS in Rs Rs. 8.86 Rs. -11.83 Rs. -11.05 + 6.59 % -224.72 %


Today, we’re looking at Viksit Engineering Ltd’s financial performance for the Q2(Sep 2024-25).Expenses ticked up slightly by 0 % quarter-on-quarter, aligning with the annual decline of -33.33 %. Operating profit, while up 33.33 % compared to last year, faced a quarter-on-quarter increase of 0 %, signaling a short-term expansion in margins.
Other income rose by 0 % compared to the last quarter, despite an annual decline of -99.22 %. Profit before tax declined annually by -227.27 % but saw an increase from the preceding quarter by 6.67 %.
with a more notable quarter-on-quarter increase of 0.34 %. Net profit fell by -227.27 % year-on-year but experienced a 6.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -224.72 % but a quarterly rise of 6.59 %. In summary, Viksit Engineering 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. 0 Cr Rs. 0 Cr Rs. 0 Cr 0 % 0 %
Expenses Rs. 0.42 Cr Rs. 0.28 Cr Rs. 0.28 Cr + 0 % -33.33 %
Operating Profit Rs. -0.42 Cr Rs. -0.28 Cr Rs. -0.28 Cr + 0 % + 33.33 %
Net Profit Rs. 0.22 Cr Rs. -0.3 Cr Rs. -0.28 Cr + 6.67 % -227.27 %
EPS in Rs Rs. 8.86 Rs. -11.83 Rs. -11.05 + 6.59 % -224.72 %


In reviewing Viksit Engineering Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses decreased by -33.33 % compared to the previous year, with a 0 % increase quarter-on-quarter. Operating Profit surged by 33.33 % annually, and saw a 0 % increase from the last quarter.
Net Profit showed yearly decrease of -227.27 %, and experienced a 6.67 % increase from the previous quarter. Earnings Per Share (EPS) fell by -224.72 % annually, however rose by 6.59 % compared to the last quarter. In essence, while Viksit Engineering Ltd 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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