![[fetch_key]](https://stocktradeupdates.com/wp-content/uploads/new_logos/ZENITHSTL.png)
Share the post "Zenith Steel Pipes & Industries ‘s Q2 Report: Revenue Rises by 8.41% 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 8.41 % in the past year, substantial increase in net sales/revenue by 5.5 %.
- 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 201.91 %. Marginal decrease of -31.64% in other income during this quarter.
- Profit over the Year and quarter: Challenges in sustaining profitability for Zenith Steel Pipes & Industries Limited. Profit dropped by -94.19 % Year to Year, Zenith Steel Pipes & Industries Limited’s profitability dropped by -77.15 % Quarter to Quarter.
- EPS over the Year and quarter: EPS declined by -94.34 % Year to Year. EPS decreased by -76.92 % 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. 27.742 Cr | Rs. 28.505 Cr | Rs. 30.074 Cr | + 5.5 % | + 8.41 % |
| Expenses | Rs. 34.27 Cr | Rs. 31.16 Cr | Rs. 30.65 Cr | -1.64 % | -10.56 % |
| Operating Profit | Rs. -6.53 Cr | Rs. -2.66 Cr | Rs. -0.58 Cr | + 78.2 % | + 91.12 % |
| OPM % | -23.54 % | -9.33 % | -1.93 % | + 7.4 % | + 21.61 % |
| Other Income | Rs. 0.418 Cr | Rs. 1.846 Cr | Rs. 1.262 Cr | -31.64 % | + 201.91 % |
| Interest | Rs. 0.73 Cr | Rs. 0.61 Cr | Rs. 0.62 Cr | + 1.64 % | -15.07 % |
| Depreciation | Rs. 0.67 Cr | Rs. 0.49 Cr | Rs. 0.49 Cr | + 0 % | -26.87 % |
| Profit before tax | Rs. -7.51 Cr | Rs. -1.91 Cr | Rs. -0.43 Cr | + 77.49 % | + 94.27 % |
| Tax % | -0 % | -0 % | -0 % | 0 % | 0 % |
| Net Profit | Rs. -7.54 Cr | Rs. -1.92 Cr | Rs. -0.44 Cr | + 77.08 % | + 94.16 % |
| EPS in Rs | Rs. -0.53 | Rs. -0.13 | Rs. -0.03 | + 76.92 % | + 94.34 % |
Today, we’re looking at Zenith Steel Pipes & 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 8.41 %. However, it did see a marginal increase of 5.5 % from the previous quarter. Expenses decreased slightly by -1.64 % quarter-on-quarter, aligning with the annual decline of -10.56 %. Operating profit, while up 91.12 % compared to last year, faced a quarter-on-quarter increase of 78.2 %, 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 21.61 %, but an expansion of 7.4 % sequentially. Other income fell by -31.64 % compared to the last quarter, despite an annual growth of 201.91 %. Interest expenses surged remarkably by 1.64 % from the previous quarter, yet the year-over-year decrease remains at a moderate -15.07 %. Depreciation costs climbed by 0 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -26.87 %. Profit before tax grew annually by 94.27 % but saw an increase from the preceding quarter by 77.49 %.
Net profit rose by 94.16 % year-on-year but experienced a 77.08 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 94.34 % but a quarterly rise of 76.92 %. In summary, Zenith Steel Pipes & 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. 27.742 Cr | Rs. 28.505 Cr | Rs. 30.074 Cr | + 5.5 % | + 8.41 % |
| Expenses | Rs. 34.27 Cr | Rs. 31.16 Cr | Rs. 30.65 Cr | -1.64 % | -10.56 % |
| Operating Profit | Rs. -6.53 Cr | Rs. -2.66 Cr | Rs. -0.58 Cr | + 78.2 % | + 91.12 % |
| Net Profit | Rs. -7.54 Cr | Rs. -1.92 Cr | Rs. -0.44 Cr | + 77.08 % | + 94.16 % |
| EPS in Rs | Rs. -0.53 | Rs. -0.13 | Rs. -0.03 | + 76.92 % | + 94.34 % |
In reviewing Zenith Steel Pipes & Industries Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 8.41 % year-on-year growth, however, there was a minor increase of 5.5 % from the previous quarter. Expenses decreased by -10.56 % compared to the previous year, with a decrease of -1.64 % quarter-on-quarter. Operating Profit surged by 91.12 % annually, and saw a 78.2 % increase from the last quarter.
Net Profit showed yearly increase of 94.16 %, and experienced a 77.08 % increase from the previous quarter. Earnings Per Share (EPS) rose by 94.34 % annually, however rose by 76.92 % compared to the last quarter. In essence, while Zenith Steel Pipes & Industries 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=”Zenith Steel Pipes & Industries Limited”]
