Share the post "W S Industries (I) ‘s Q2 Results: Profit Drops by 66.14% 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 -23.41 % over the year, decrease in net sales/revenue by -13.43 %.
- 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 387.65 %. Marginal increase in other income during this quarter, up by 22.09%.
- Profit over the Year and quarter: Challenges in sustaining profitability for W S Industries (I) Limited. Profit dropped by -66.14 % Year to Year, W S Industries (I) Limited’s profitability increased by 4.59 % in this quarter.
- EPS over the Year and quarter: EPS declined by -74.70 % Year to Year. EPS decreased by -4.48 % 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. 81.045 Cr | Rs. 71.705 Cr | Rs. 62.075 Cr | -13.43 % | -23.41 % |
Expenses | Rs. 68.29 Cr | Rs. 64.41 Cr | Rs. 55.83 Cr | -13.32 % | -18.25 % |
Operating Profit | Rs. 12.76 Cr | Rs. 7.3 Cr | Rs. 6.25 Cr | -14.38 % | -51.02 % |
OPM % | 15.74 % | 10.18 % | 10.07 % | -0.11 % | -5.67 % |
Other Income | Rs. 0.17 Cr | Rs. 0.679 Cr | Rs. 0.829 Cr | + 22.09 % | + 387.65 % |
Interest | Rs. 1.31 Cr | Rs. 1.66 Cr | Rs. 1.88 Cr | + 13.25 % | + 43.51 % |
Depreciation | Rs. 0.19 Cr | Rs. 0.36 Cr | Rs. 0.56 Cr | + 55.56 % | + 194.74 % |
Profit before tax | Rs. 11.43 Cr | Rs. 5.96 Cr | Rs. 4.64 Cr | -22.15 % | -59.41 % |
Tax % | 0 % | 37.79 % | 16.5 % | -21.29 % | + 16.5 % |
Net Profit | Rs. 11.43 Cr | Rs. 3.7 Cr | Rs. 3.87 Cr | + 4.59 % | -66.14 % |
EPS in Rs | Rs. 2.31 | Rs. 0.64 | Rs. 0.64 | + 0 % | -72.29 % |
Today, we’re looking at W S Industries (I) Limited’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 -23.41 %. However, it did see a marginal slip of -13.43 % from the previous quarter. Expenses decreased slightly by -13.32 % quarter-on-quarter, aligning with the annual decline of -18.25 %. Operating profit, while down -51.02 % compared to last year, faced a quarter-on-quarter dip of -14.38 %, 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 -5.67 %, but a shrinkage of -0.11 % sequentially. Other income rose by 22.09 % compared to the last quarter, despite an annual growth of 387.65 %. Interest expenses surged remarkably by 13.25 % from the previous quarter, yet the year-over-year increase remains at a moderate 43.51 %. Depreciation costs climbed by 55.56 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 194.74 %. Profit before tax declined annually by -59.41 % but saw a reduction from the preceding quarter by -22.15 %.
Tax expenses as a percentage of profits increased slightly by 16.5 % compared to last year, with a more notable quarter-on-quarter decrease of -21.29 %. Net profit fell by -66.14 % year-on-year but experienced a 4.59 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -72.29 % but a quarterly rise of 0 %. In summary, W S Industries (I) 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. 81.045 Cr | Rs. 71.705 Cr | Rs. 62.075 Cr | -13.43 % | -23.41 % |
Expenses | Rs. 68.29 Cr | Rs. 64.41 Cr | Rs. 55.83 Cr | -13.32 % | -18.25 % |
Operating Profit | Rs. 12.76 Cr | Rs. 7.3 Cr | Rs. 6.25 Cr | -14.38 % | -51.02 % |
Net Profit | Rs. 11.43 Cr | Rs. 3.7 Cr | Rs. 3.87 Cr | + 4.59 % | -66.14 % |
EPS in Rs | Rs. 2.31 | Rs. 0.64 | Rs. 0.64 | + 0 % | -72.29 % |
In reviewing W S Industries (I) Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -23.41 % year-on-year, although there was a slight dip of -13.43 % from the previous quarter. Expenses decreased by -18.25 % compared to the previous year, with a decrease of -13.32 % quarter-on-quarter. Operating Profit dropped by -51.02 % annually, and saw a -14.38 % decrease from the last quarter.
Net Profit showed yearly decrease of -66.14 %, and experienced a 4.59 % increase from the previous quarter. Earnings Per Share (EPS) fell by -72.29 % annually, however rose by 0 % compared to the last quarter. In essence, while W S Industries (I) 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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