Share the post "Zaggle Prepaid Ocean Services ‘s Q2 Report: Revenue Rises by 64.22% 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 64.22 % in the past year, substantial increase in net sales/revenue by 19.96 %.
- 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 797.46 %. Marginal increase in other income during this quarter, up by 33.12%.
- Profit over the Year and quarter: Significant improvement in profitability for Zaggle Prepaid Ocean Services Limited. Notable increase of 167.55 % in net profit Year to Year, Zaggle Prepaid Ocean Services Limited’s profitability increased by 21.27 % in this quarter.
- EPS over the Year and quarter: EPS increased by 112.82 % Year to Year. EPS increased by 21.17 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 184.242 Cr | Rs. 252.206 Cr | Rs. 302.557 Cr | + 19.96 % | + 64.22 % |
Expenses | Rs. 169.22 Cr | Rs. 229.77 Cr | Rs. 275.85 Cr | + 20.05 % | + 63.01 % |
Operating Profit | Rs. 15.02 Cr | Rs. 22.44 Cr | Rs. 26.71 Cr | + 19.03 % | + 77.83 % |
OPM % | 8.15 % | 8.9 % | 8.83 % | -0.07 % | + 0.68 % |
Other Income | Rs. 0.67 Cr | Rs. 4.517 Cr | Rs. 6.013 Cr | + 33.12 % | + 797.46 % |
Interest | Rs. 3.37 Cr | Rs. 2.06 Cr | Rs. 2.21 Cr | + 7.28 % | -34.42 % |
Depreciation | Rs. 2.4 Cr | Rs. 2.14 Cr | Rs. 2.44 Cr | + 14.02 % | + 1.67 % |
Profit before tax | Rs. 9.92 Cr | Rs. 22.76 Cr | Rs. 28.07 Cr | + 23.33 % | + 182.96 % |
Tax % | 23.57 % | 26.52 % | 27.81 % | + 1.29 % | + 4.24 % |
Net Profit | Rs. 7.59 Cr | Rs. 16.73 Cr | Rs. 20.29 Cr | + 21.28 % | + 167.33 % |
EPS in Rs | Rs. 0.77 | Rs. 1.36 | Rs. 1.65 | + 21.32 % | + 114.29 % |
Today, we’re looking at Zaggle Prepaid Ocean Services 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 64.22 %. However, it did see a marginal increase of 19.96 % from the previous quarter. Expenses ticked up slightly by 20.05 % quarter-on-quarter, aligning with the annual rise of 63.01 %. Operating profit, while up 77.83 % compared to last year, faced a quarter-on-quarter increase of 19.03 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.68 %, but a shrinkage of -0.07 % sequentially. Other income rose by 33.12 % compared to the last quarter, despite an annual growth of 797.46 %. Interest expenses surged remarkably by 7.28 % from the previous quarter, yet the year-over-year decrease remains at a moderate -34.42 %. Depreciation costs climbed by 14.02 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 1.67 %. Profit before tax grew annually by 182.96 % but saw an increase from the preceding quarter by 23.33 %.
Tax expenses as a percentage of profits increased slightly by 4.24 % compared to last year, with a more notable quarter-on-quarter increase of 1.29 %. Net profit rose by 167.33 % year-on-year but experienced a 21.28 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 114.29 % but a quarterly rise of 21.32 %. In summary, Zaggle Prepaid Ocean Services 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. 184.242 Cr | Rs. 252.206 Cr | Rs. 302.557 Cr | + 19.96 % | + 64.22 % |
Expenses | Rs. 169.22 Cr | Rs. 229.77 Cr | Rs. 275.85 Cr | + 20.05 % | + 63.01 % |
Operating Profit | Rs. 15.02 Cr | Rs. 22.44 Cr | Rs. 26.71 Cr | + 19.03 % | + 77.83 % |
Net Profit | Rs. 7.59 Cr | Rs. 16.73 Cr | Rs. 20.29 Cr | + 21.28 % | + 167.33 % |
EPS in Rs | Rs. 0.77 | Rs. 1.36 | Rs. 1.65 | + 21.32 % | + 114.29 % |
In reviewing Zaggle Prepaid Ocean Services Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 64.22 % year-on-year growth, however, there was a minor increase of 19.96 % from the previous quarter. Expenses rose by 63.01 % compared to the previous year, with a 20.05 % increase quarter-on-quarter. Operating Profit surged by 77.83 % annually, and saw a 19.03 % increase from the last quarter.
Net Profit showed yearly increase of 167.33 %, and experienced a 21.28 % increase from the previous quarter. Earnings Per Share (EPS) rose by 114.29 % annually, however rose by 21.32 % compared to the last quarter. In essence, while Zaggle Prepaid Ocean Services Limited exhibits strong annual growth 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.
[my_shortcode1 values=”Zaggle Prepaid Ocean Services Limited”]