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Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -56.29 % over the year, decrease in net sales/revenue by -20.55 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 1328.57 %. Marginal decrease of -46.38% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Vineet Laboratories Limited. Profit dropped by -175.57 % Year to Year, Vineet Laboratories Limited’s profitability dropped by -14.22 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -175.57 % Year to Year. EPS decreased by -14.29 % 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. 43.373 Cr | Rs. 23.862 Cr | Rs. 18.958 Cr | -20.55 % | -56.29 % |
Expenses | Rs. 39.2 Cr | Rs. 24.65 Cr | Rs. 19.26 Cr | -21.87 % | -50.87 % |
Operating Profit | Rs. 4.17 Cr | Rs. -0.79 Cr | Rs. -0.3 Cr | + 62.03 % | -107.19 % |
OPM % | 9.61 % | -3.31 % | -1.58 % | + 1.73 % | -11.19 % |
Other Income | Rs. 0.014 Cr | Rs. 0.373 Cr | Rs. 0.2 Cr | -46.38 % | + 1328.57 % |
Interest | Rs. 1.03 Cr | Rs. 1.14 Cr | Rs. 0.99 Cr | -13.16 % | -3.88 % |
Depreciation | Rs. 0.61 Cr | Rs. 0.61 Cr | Rs. 0.62 Cr | + 1.64 % | + 1.64 % |
Profit before tax | Rs. 2.54 Cr | Rs. -2.17 Cr | Rs. -1.71 Cr | + 21.2 % | -167.32 % |
Tax % | 4.91 % | -1.71 % | -6.77 % | -5.06 % | -11.68 % |
Net Profit | Rs. 2.42 Cr | Rs. -2.13 Cr | Rs. -1.83 Cr | + 14.08 % | -175.62 % |
EPS in Rs | Rs. 2.62 | Rs. -2.31 | Rs. -1.98 | + 14.29 % | -175.57 % |
Today, we’re looking at Vineet Laboratories Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a significant year-over-year sales decline of -56.29 %. However, it did see a marginal slip of -20.55 % from the previous quarter. Expenses decreased slightly by -21.87 % quarter-on-quarter, aligning with the annual decline of -50.87 %. Operating profit, while down -107.19 % compared to last year, faced a quarter-on-quarter increase of 62.03 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -11.19 %, but an expansion of 1.73 % sequentially. Other income fell by -46.38 % compared to the last quarter, despite an annual growth of 1328.57 %. Interest expenses dropped significantly by -13.16 % from the previous quarter, yet the year-over-year decrease remains at a moderate -3.88 %. Depreciation costs climbed by 1.64 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.64 %. Profit before tax declined annually by -167.32 % but saw an increase from the preceding quarter by 21.2 %.
Tax expenses as a percentage of profits decreased slightly by -11.68 % compared to last year, with a more notable quarter-on-quarter decrease of -5.06 %. Net profit fell by -175.62 % year-on-year but experienced a 14.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -175.57 % but a quarterly rise of 14.29 %. In summary, Vineet Laboratories 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. 43.373 Cr | Rs. 23.862 Cr | Rs. 18.958 Cr | -20.55 % | -56.29 % |
Expenses | Rs. 39.2 Cr | Rs. 24.65 Cr | Rs. 19.26 Cr | -21.87 % | -50.87 % |
Operating Profit | Rs. 4.17 Cr | Rs. -0.79 Cr | Rs. -0.3 Cr | + 62.03 % | -107.19 % |
Net Profit | Rs. 2.42 Cr | Rs. -2.13 Cr | Rs. -1.83 Cr | + 14.08 % | -175.62 % |
EPS in Rs | Rs. 2.62 | Rs. -2.31 | Rs. -1.98 | + 14.29 % | -175.57 % |
In reviewing Vineet Laboratories Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -56.29 % year-on-year, although there was a slight dip of -20.55 % from the previous quarter. Expenses decreased by -50.87 % compared to the previous year, with a decrease of -21.87 % quarter-on-quarter. Operating Profit dropped by -107.19 % annually, and saw a 62.03 % increase from the last quarter.
Net Profit showed yearly decrease of -175.62 %, and experienced a 14.08 % increase from the previous quarter. Earnings Per Share (EPS) fell by -175.57 % annually, however rose by 14.29 % compared to the last quarter. In essence, while Vineet Laboratories 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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