Share the post "WARDWIZARD INNOVATIONS AND MOBILITY ‘s Q2 Results: Profit Drops by 343.92% 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 experienced a substantial growth of 18.38 % in the past year, substantial increase in net sales/revenue by 13.17 %.
- 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 826.67 %. Marginal increase in other income during this quarter, up by 363.33%.
- Profit over the Year and quarter: Challenges in sustaining profitability for WARDWIZARD INNOVATIONS AND MOBILITY LIMITED. Profit dropped by -343.86 % Year to Year, WARDWIZARD INNOVATIONS AND MOBILITY LIMITED’s profitability dropped by -370.03 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -340.00 % Year to Year. EPS decreased by -366.67 % 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. 49.15 Cr | Rs. 51.414 Cr | Rs. 58.183 Cr | + 13.17 % | + 18.38 % |
Expenses | Rs. 43.17 Cr | Rs. 43.95 Cr | Rs. 59.97 Cr | + 36.45 % | + 38.92 % |
Operating Profit | Rs. 5.98 Cr | Rs. 7.46 Cr | Rs. -1.79 Cr | -123.99 % | -129.93 % |
OPM % | 12.17 % | 14.51 % | -3.08 % | -17.59 % | -15.25 % |
Other Income | Rs. 0.015 Cr | Rs. 0.03 Cr | Rs. 0.139 Cr | + 363.33 % | + 826.67 % |
Interest | Rs. 0.94 Cr | Rs. 2.88 Cr | Rs. 3.79 Cr | + 31.6 % | + 303.19 % |
Depreciation | Rs. 1.65 Cr | Rs. 1.49 Cr | Rs. 1.52 Cr | + 2.01 % | -7.88 % |
Profit before tax | Rs. 3.41 Cr | Rs. 3.12 Cr | Rs. -6.96 Cr | -323.08 % | -304.11 % |
Tax % | 25.14 % | 26.31 % | -10.65 % | -36.96 % | -35.79 % |
Net Profit | Rs. 2.55 Cr | Rs. 2.3 Cr | Rs. -6.22 Cr | -370.43 % | -343.92 % |
EPS in Rs | Rs. 0.1 | Rs. 0.09 | Rs. -0.24 | -366.67 % | -340 % |
Today, we’re looking at WARDWIZARD INNOVATIONS AND MOBILITY 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 18.38 %. However, it did see a marginal increase of 13.17 % from the previous quarter. Expenses ticked up slightly by 36.45 % quarter-on-quarter, aligning with the annual rise of 38.92 %. Operating profit, while down -129.93 % compared to last year, faced a quarter-on-quarter dip of -123.99 %, 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 -15.25 %, but a shrinkage of -17.59 % sequentially. Other income rose by 363.33 % compared to the last quarter, despite an annual growth of 826.67 %. Interest expenses surged remarkably by 31.6 % from the previous quarter, yet the year-over-year increase remains at a moderate 303.19 %. Depreciation costs climbed by 2.01 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -7.88 %. Profit before tax declined annually by -304.11 % but saw a reduction from the preceding quarter by -323.08 %.
Tax expenses as a percentage of profits decreased slightly by -35.79 % compared to last year, with a more notable quarter-on-quarter decrease of -36.96 %. Net profit fell by -343.92 % year-on-year but witnessed a -370.43 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -340 % but a quarterly fall of -366.67 %. In summary, WARDWIZARD INNOVATIONS AND MOBILITY 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. 49.15 Cr | Rs. 51.414 Cr | Rs. 58.183 Cr | + 13.17 % | + 18.38 % |
Expenses | Rs. 43.17 Cr | Rs. 43.95 Cr | Rs. 59.97 Cr | + 36.45 % | + 38.92 % |
Operating Profit | Rs. 5.98 Cr | Rs. 7.46 Cr | Rs. -1.79 Cr | -123.99 % | -129.93 % |
Net Profit | Rs. 2.55 Cr | Rs. 2.3 Cr | Rs. -6.22 Cr | -370.43 % | -343.92 % |
EPS in Rs | Rs. 0.1 | Rs. 0.09 | Rs. -0.24 | -366.67 % | -340 % |
In reviewing WARDWIZARD INNOVATIONS AND MOBILITY LIMITED’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 18.38 % year-on-year growth, however, there was a minor increase of 13.17 % from the previous quarter. Expenses rose by 38.92 % compared to the previous year, with a 36.45 % increase quarter-on-quarter. Operating Profit dropped by -129.93 % annually, and saw a -123.99 % decrease from the last quarter.
Net Profit showed yearly decrease of -343.92 %, and experienced a -370.43 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -340 % annually, however dipped by -366.67 % compared to the last quarter. In essence, while WARDWIZARD INNOVATIONS AND MOBILITY 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.
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