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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 -0.96 % over the year, decrease in net sales/revenue by -6.13 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -96.72 %, Marginal decrease of -60% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Virat Crane Industries Ltd. Notable increase of 42.54 % in net profit Year to Year, Virat Crane Industries Ltd’s profitability dropped by -5.49 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 41.67 % Year to Year. EPS decreased by -5.56 % 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. 29.366 Cr | Rs. 30.982 Cr | Rs. 29.084 Cr | -6.13 % | -0.96 % |
| Expenses | Rs. 27.27 Cr | Rs. 27.83 Cr | Rs. 26.21 Cr | -5.82 % | -3.89 % |
| Operating Profit | Rs. 2.1 Cr | Rs. 3.15 Cr | Rs. 2.87 Cr | -8.89 % | + 36.67 % |
| OPM % | 7.15 % | 10.17 % | 9.87 % | -0.3 % | + 2.72 % |
| Other Income | Rs. 0.061 Cr | Rs. 0.005 Cr | Rs. 0.002 Cr | -60 % | -96.72 % |
| Interest | Rs. 0.12 Cr | Rs. 0.12 Cr | Rs. 0.01 Cr | -91.67 % | -91.67 % |
| Depreciation | Rs. 0.08 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | + 12.5 % |
| Profit before tax | Rs. 1.96 Cr | Rs. 2.95 Cr | Rs. 2.77 Cr | -6.1 % | + 41.33 % |
| Tax % | 25.18 % | 25.18 % | 25.17 % | -0.01 % | -0.01 % |
| Net Profit | Rs. 1.46 Cr | Rs. 2.21 Cr | Rs. 2.08 Cr | -5.88 % | + 42.47 % |
| EPS in Rs | Rs. 0.72 | Rs. 1.08 | Rs. 1.02 | -5.56 % | + 41.67 % |
Today, we’re looking at Virat Crane Industries Ltd’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 -0.96 %. However, it did see a marginal slip of -6.13 % from the previous quarter. Expenses decreased slightly by -5.82 % quarter-on-quarter, aligning with the annual decline of -3.89 %. Operating profit, while up 36.67 % compared to last year, faced a quarter-on-quarter dip of -8.89 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 2.72 %, but a shrinkage of -0.3 % sequentially. Other income fell by -60 % compared to the last quarter, despite an annual decline of -96.72 %. Interest expenses dropped significantly by -91.67 % from the previous quarter, yet the year-over-year decrease remains at a moderate -91.67 %. Depreciation costs climbed by 0 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 12.5 %. Profit before tax grew annually by 41.33 % but saw a reduction from the preceding quarter by -6.1 %.
Tax expenses as a percentage of profits decreased slightly by -0.01 % compared to last year, with a more notable quarter-on-quarter decrease of -0.01 %. Net profit rose by 42.47 % year-on-year but witnessed a -5.88 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 41.67 % but a quarterly fall of -5.56 %. In summary, Virat Crane Industries 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. 29.366 Cr | Rs. 30.982 Cr | Rs. 29.084 Cr | -6.13 % | -0.96 % |
| Expenses | Rs. 27.27 Cr | Rs. 27.83 Cr | Rs. 26.21 Cr | -5.82 % | -3.89 % |
| Operating Profit | Rs. 2.1 Cr | Rs. 3.15 Cr | Rs. 2.87 Cr | -8.89 % | + 36.67 % |
| Net Profit | Rs. 1.46 Cr | Rs. 2.21 Cr | Rs. 2.08 Cr | -5.88 % | + 42.47 % |
| EPS in Rs | Rs. 0.72 | Rs. 1.08 | Rs. 1.02 | -5.56 % | + 41.67 % |
In reviewing Virat Crane Industries Ltd’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -0.96 % year-on-year, although there was a slight dip of -6.13 % from the previous quarter. Expenses decreased by -3.89 % compared to the previous year, with a decrease of -5.82 % quarter-on-quarter. Operating Profit surged by 36.67 % annually, and saw a -8.89 % decrease from the last quarter.
Net Profit showed yearly increase of 42.47 %, and experienced a -5.88 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 41.67 % annually, however dipped by -5.56 % compared to the last quarter. In essence, while Virat Crane Industries Ltd exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.
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