Share the post "Visaka Industries ‘s Q2 Report: Profit Decreases by 226.63% YoY"
Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company’s sales declined by -9 % over the year, decrease in net sales/revenue by -32.62 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -21.49 %, Marginal increase in other income during this quarter, up by 7.5%.
- Profit over the Year and quarter: Significant improvement in profitability for Visaka Industries Ltd.,. Notable increase of 226.54 % in net profit Year to Year, Visaka Industries Ltd.,’s profitability dropped by -266.26 % Quarter to Quarter.
- EPS over the Year and quarter: EPS increased by 225.42 % Year to Year. EPS decreased by -266.96 % 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. 338.838 Cr | Rs. 457.656 Cr | Rs. 308.356 Cr | -32.62 % | -9 % |
Expenses | Rs. 325.63 Cr | Rs. 418.28 Cr | Rs. 304.66 Cr | -27.16 % | -6.44 % |
Operating Profit | Rs. 13.21 Cr | Rs. 39.38 Cr | Rs. 3.7 Cr | -90.6 % | -71.99 % |
OPM % | 3.9 % | 8.6 % | 1.2 % | -7.4 % | -2.7 % |
Other Income | Rs. 2.392 Cr | Rs. 1.747 Cr | Rs. 1.878 Cr | + 7.5 % | -21.49 % |
Interest | Rs. 8.29 Cr | Rs. 11.06 Cr | Rs. 11.27 Cr | + 1.9 % | + 35.95 % |
Depreciation | Rs. 13.63 Cr | Rs. 16.35 Cr | Rs. 16.09 Cr | -1.59 % | + 18.05 % |
Profit before tax | Rs. -6.32 Cr | Rs. 13.72 Cr | Rs. -21.78 Cr | -258.75 % | -244.62 % |
Tax % | -19.85 % | 27.37 % | -24.02 % | -51.39 % | -4.17 % |
Net Profit | Rs. -5.07 Cr | Rs. 9.96 Cr | Rs. -16.56 Cr | -266.27 % | -226.63 % |
EPS in Rs | Rs. -0.59 | Rs. 1.15 | Rs. -1.92 | -266.96 % | -225.42 % |
Today, we’re looking at Visaka 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 -9 %. However, it did see a marginal slip of -32.62 % from the previous quarter. Expenses decreased slightly by -27.16 % quarter-on-quarter, aligning with the annual decline of -6.44 %. Operating profit, while down -71.99 % compared to last year, faced a quarter-on-quarter dip of -90.6 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % contradicts this narrative, showing weakness on an annual basis with a decrease of -2.7 %, but a shrinkage of -7.4 % sequentially. Other income rose by 7.5 % compared to the last quarter, despite an annual decline of -21.49 %. Interest expenses surged remarkably by 1.9 % from the previous quarter, yet the year-over-year increase remains at a moderate 35.95 %. Depreciation costs fell by -1.59 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 18.05 %. Profit before tax declined annually by -244.62 % but saw a reduction from the preceding quarter by -258.75 %.
Tax expenses as a percentage of profits decreased slightly by -4.17 % compared to last year, with a more notable quarter-on-quarter decrease of -51.39 %. Net profit fell by -226.63 % year-on-year but witnessed a -266.27 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -225.42 % but a quarterly fall of -266.96 %. In summary, Visaka 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. 338.838 Cr | Rs. 457.656 Cr | Rs. 308.356 Cr | -32.62 % | -9 % |
Expenses | Rs. 325.63 Cr | Rs. 418.28 Cr | Rs. 304.66 Cr | -27.16 % | -6.44 % |
Operating Profit | Rs. 13.21 Cr | Rs. 39.38 Cr | Rs. 3.7 Cr | -90.6 % | -71.99 % |
Net Profit | Rs. -5.07 Cr | Rs. 9.96 Cr | Rs. -16.56 Cr | -266.27 % | -226.63 % |
EPS in Rs | Rs. -0.59 | Rs. 1.15 | Rs. -1.92 | -266.96 % | -225.42 % |
In reviewing Visaka Industries Ltd.,’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -9 % year-on-year, although there was a slight dip of -32.62 % from the previous quarter. Expenses decreased by -6.44 % compared to the previous year, with a decrease of -27.16 % quarter-on-quarter. Operating Profit dropped by -71.99 % annually, and saw a -90.6 % decrease from the last quarter.
Net Profit showed yearly decrease of -226.63 %, and experienced a -266.27 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -225.42 % annually, however dipped by -266.96 % compared to the last quarter. In essence, while Visaka Industries Ltd., faces strong annual decline 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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