Share the post "Visagar Polytex announces Q2 results: Profit Rises by 2.33% YoY"
Highlights
- The presented financial data is Standalone to provide a comprehensive overview of the company performance.
- Profit over the Year and quarter: Challenges in sustaining profitability for Visagar Polytex Limited. Profit dropped by -2.11 % Year to Year, Visagar Polytex Limited’s profitability dropped by -6.49 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 0.00 % Year to Year. EPS decreased by -75 % 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. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Expenses | Rs. 0.09 Cr | Rs. 0.22 Cr | Rs. 0.2 Cr | -9.09 % | + 122.22 % |
Operating Profit | Rs. -0.09 Cr | Rs. -0.22 Cr | Rs. -0.2 Cr | + 9.09 % | -122.22 % |
OPM % | 0 % | 0 % | 0 % | 0 % | 0 % |
Other Income | Rs. 0.003 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Interest | Rs. 0.18 Cr | Rs. 0.14 Cr | Rs. 0.13 Cr | -7.14 % | -27.78 % |
Depreciation | Rs. 0.16 Cr | Rs. 0.09 Cr | Rs. 0.09 Cr | + 0 % | -43.75 % |
Profit before tax | Rs. -0.43 Cr | Rs. -0.45 Cr | Rs. -0.42 Cr | + 6.67 % | + 2.33 % |
Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
Net Profit | Rs. -0.43 Cr | Rs. -0.45 Cr | Rs. -0.42 Cr | + 6.67 % | + 2.33 % |
EPS in Rs | Rs. -0.01 | Rs. -0.04 | Rs. -0.1 | -150 % | -900 % |
Today, we’re looking at Visagar Polytex Limited’s financial performance for the Q2(Sep 2024-25).Expenses decreased slightly by -9.09 % quarter-on-quarter, aligning with the annual rise of 122.22 %. Operating profit, while down -122.22 % compared to last year, faced a quarter-on-quarter increase of 9.09 %, signaling a short-term expansion in margins.
Interest expenses dropped significantly by -7.14 % from the previous quarter, yet the year-over-year decrease remains at a moderate -27.78 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -43.75 %. Profit before tax grew annually by 2.33 % but saw an increase from the preceding quarter by 6.67 %.
Net profit rose by 2.33 % year-on-year but experienced a 6.67 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -900 % but a quarterly fall of -150 %. In summary, Visagar Polytex 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. 0.09 Cr | Rs. 0.22 Cr | Rs. 0.2 Cr | -9.09 % | + 122.22 % |
Operating Profit | Rs. -0.09 Cr | Rs. -0.22 Cr | Rs. -0.2 Cr | + 9.09 % | -122.22 % |
Net Profit | Rs. -0.43 Cr | Rs. -0.45 Cr | Rs. -0.42 Cr | + 6.67 % | + 2.33 % |
EPS in Rs | Rs. -0.01 | Rs. -0.04 | Rs. -0.1 | -150 % | -900 % |
In reviewing Visagar Polytex Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Expenses rose by 122.22 % compared to the previous year, with a decrease of -9.09 % quarter-on-quarter. Operating Profit dropped by -122.22 % annually, and saw a 9.09 % increase from the last quarter.
Net Profit showed yearly increase of 2.33 %, and experienced a 6.67 % increase from the previous quarter. Earnings Per Share (EPS) fell by -900 % annually, however dipped by -150 % compared to the last quarter. In essence, while Visagar Polytex 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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