Share the post "VST Industries ‘s Q2 Update: Profit Falls by 37.38% Year-on-Year"
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 1.94 % in the past year, substantial increase in net sales/revenue by 8.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -72.64 %, Marginal decrease of -11.78% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for VST Industries Limited. Profit dropped by -37.38 % Year to Year, VST Industries Limited’s profitability dropped by -11.24 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.31 % Year to Year. EPS decreased by -91.93 % 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. 452.25 Cr | Rs. 423.86 Cr | Rs. 461.04 Cr | + 8.77 % | + 1.94 % |
Expenses | Rs. 373.34 Cr | Rs. 350.58 Cr | Rs. 393.43 Cr | + 12.22 % | + 5.38 % |
Operating Profit | Rs. 78.91 Cr | Rs. 73.28 Cr | Rs. 67.61 Cr | -7.74 % | -14.32 % |
OPM % | 17.45 % | 17.29 % | 14.66 % | -2.63 % | -2.79 % |
Other Income | Rs. 29.28 Cr | Rs. 9.08 Cr | Rs. 8.01 Cr | -11.78 % | -72.64 % |
Interest | Rs. 0 Cr | Rs. 0 Cr | Rs. 0 Cr | 0 % | 0 % |
Depreciation | Rs. 9.07 Cr | Rs. 10.08 Cr | Rs. 10.94 Cr | + 8.53 % | + 20.62 % |
Profit before tax | Rs. 99.12 Cr | Rs. 72.28 Cr | Rs. 64.68 Cr | -10.51 % | -34.75 % |
Tax % | 23.38 % | 25.87 % | 26.47 % | + 0.6 % | + 3.09 % |
Net Profit | Rs. 75.95 Cr | Rs. 53.58 Cr | Rs. 47.56 Cr | -11.24 % | -37.38 % |
EPS in Rs | Rs. 49.18 | Rs. 34.7 | Rs. 0 | 0 % | 0 % |
Today, we’re looking at VST Industries 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 1.94 %. However, it did see a marginal increase of 8.77 % from the previous quarter. Expenses ticked up slightly by 12.22 % quarter-on-quarter, aligning with the annual rise of 5.38 %. Operating profit, while down -14.32 % compared to last year, faced a quarter-on-quarter dip of -7.74 %, 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 -2.79 %, but a shrinkage of -2.63 % sequentially. Other income fell by -11.78 % compared to the last quarter, despite an annual decline of -72.64 %. Depreciation costs climbed by 8.53 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 20.62 %. Profit before tax declined annually by -34.75 % but saw a reduction from the preceding quarter by -10.51 %.
Tax expenses as a percentage of profits increased slightly by 3.09 % compared to last year, with a more notable quarter-on-quarter increase of 0.6 %. Net profit fell by -37.38 % year-on-year but witnessed a -11.24 % contraction from the last quarter. In summary, VST Industries 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. 452.25 Cr | Rs. 423.86 Cr | Rs. 461.04 Cr | + 8.77 % | + 1.94 % |
Expenses | Rs. 373.34 Cr | Rs. 350.58 Cr | Rs. 393.43 Cr | + 12.22 % | + 5.38 % |
Operating Profit | Rs. 78.91 Cr | Rs. 73.28 Cr | Rs. 67.61 Cr | -7.74 % | -14.32 % |
Net Profit | Rs. 75.95 Cr | Rs. 53.58 Cr | Rs. 47.56 Cr | -11.24 % | -37.38 % |
EPS in Rs | Rs. 49.18 | Rs. 34.7 | Rs. 0 | 0 % | 0 % |
In reviewing VST Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 1.94 % year-on-year growth, however, there was a minor increase of 8.77 % from the previous quarter. Expenses rose by 5.38 % compared to the previous year, with a 12.22 % increase quarter-on-quarter. Operating Profit dropped by -14.32 % annually, and saw a -7.74 % decrease from the last quarter.
Net Profit showed yearly decrease of -37.38 %, and experienced a -11.24 % decrease from the previous quarter. In essence, while VST Industries Limited 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.
[my_shortcode1 values=”VST Industries Limited”]