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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 experienced a substantial growth of 13.16 % in the past year, substantial increase in net sales/revenue by 18.18 %.
- 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 142.42 %. Marginal increase in other income during this quarter, up by 135.29%.
- Profit over the Year and quarter: Challenges in sustaining profitability for VIP Clothing Limited. Profit dropped by -132.62 % Year to Year, VIP Clothing Limited’s profitability increased by 243.83 % in this quarter.
- EPS over the Year and quarter: EPS declined by -133.33 % Year to Year. EPS increased by 233.33 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 52.345 Cr | Rs. 50.12 Cr | Rs. 59.231 Cr | + 18.18 % | + 13.16 % |
Expenses | Rs. 51.67 Cr | Rs. 47.31 Cr | Rs. 55.82 Cr | + 17.99 % | + 8.03 % |
Operating Profit | Rs. 0.68 Cr | Rs. 2.81 Cr | Rs. 3.41 Cr | + 21.35 % | + 401.47 % |
OPM % | 1.3 % | 5.61 % | 5.76 % | + 0.15 % | + 4.46 % |
Other Income | Rs. 0.132 Cr | Rs. 0.136 Cr | Rs. 0.32 Cr | + 135.29 % | + 142.42 % |
Interest | Rs. 2.3 Cr | Rs. 1.93 Cr | Rs. 1.98 Cr | + 2.59 % | -13.91 % |
Depreciation | Rs. 0.68 Cr | Rs. 0.7 Cr | Rs. 0.69 Cr | -1.43 % | + 1.47 % |
Profit before tax | Rs. -2.17 Cr | Rs. 0.32 Cr | Rs. 1.06 Cr | + 231.25 % | + 148.85 % |
Tax % | -14.04 % | 25.24 % | 24.13 % | -1.11 % | + 38.17 % |
Net Profit | Rs. -2.48 Cr | Rs. 0.24 Cr | Rs. 0.81 Cr | + 237.5 % | + 132.66 % |
EPS in Rs | Rs. -0.3 | Rs. 0.03 | Rs. 0.1 | + 233.33 % | + 133.33 % |
Today, we’re looking at VIP Clothing Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 13.16 %. However, it did see a marginal increase of 18.18 % from the previous quarter. Expenses ticked up slightly by 17.99 % quarter-on-quarter, aligning with the annual rise of 8.03 %. Operating profit, while up 401.47 % compared to last year, faced a quarter-on-quarter increase of 21.35 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.46 %, but an expansion of 0.15 % sequentially. Other income rose by 135.29 % compared to the last quarter, despite an annual growth of 142.42 %. Interest expenses surged remarkably by 2.59 % from the previous quarter, yet the year-over-year decrease remains at a moderate -13.91 %. Depreciation costs fell by -1.43 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.47 %. Profit before tax grew annually by 148.85 % but saw an increase from the preceding quarter by 231.25 %.
Tax expenses as a percentage of profits increased slightly by 38.17 % compared to last year, with a more notable quarter-on-quarter decrease of -1.11 %. Net profit rose by 132.66 % year-on-year but experienced a 237.5 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 133.33 % but a quarterly rise of 233.33 %. In summary, VIP Clothing 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. 52.345 Cr | Rs. 50.12 Cr | Rs. 59.231 Cr | + 18.18 % | + 13.16 % |
Expenses | Rs. 51.67 Cr | Rs. 47.31 Cr | Rs. 55.82 Cr | + 17.99 % | + 8.03 % |
Operating Profit | Rs. 0.68 Cr | Rs. 2.81 Cr | Rs. 3.41 Cr | + 21.35 % | + 401.47 % |
Net Profit | Rs. -2.48 Cr | Rs. 0.24 Cr | Rs. 0.81 Cr | + 237.5 % | + 132.66 % |
EPS in Rs | Rs. -0.3 | Rs. 0.03 | Rs. 0.1 | + 233.33 % | + 133.33 % |
In reviewing VIP Clothing Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 13.16 % year-on-year growth, however, there was a minor increase of 18.18 % from the previous quarter. Expenses rose by 8.03 % compared to the previous year, with a 17.99 % increase quarter-on-quarter. Operating Profit surged by 401.47 % annually, and saw a 21.35 % increase from the last quarter.
Net Profit showed yearly increase of 132.66 %, and experienced a 237.5 % increase from the previous quarter. Earnings Per Share (EPS) rose by 133.33 % annually, however rose by 233.33 % compared to the last quarter. In essence, while VIP Clothing 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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