Dilip Buildcon Limited announced its financial results for the quarter and half year ended 30th September 2024, showing a year-on-year (YoY) decrease in revenue while posting a moderate increase in net profit.
Quarterly Financial Performance (Q2 FY25 vs Q2 FY24)
- Revenue from Operations: The company reported a revenue of ₹2,176.88 crore for Q2 FY25, marking a 10.3% decrease from ₹2,426.99 crore in the same quarter last year.
- Net Profit: Dilip Buildcon’s net profit for Q2 FY25 stood at ₹128.01 crore, showing a 7% increase from ₹119.67 crore in Q2 FY24.
Sequential (QoQ) Performance (Q2 FY25 vs Q1 FY25)
- Revenue: The revenue saw a sequential decline of 7.7% from ₹2,357.94 crore in Q1 FY25 to ₹2,176.88 crore in Q2 FY25.
- Net Profit: Net profit rose significantly by 170% on a quarter-on-quarter (QoQ) basis, increasing from ₹47.39 crore in Q1 FY25 to ₹128.01 crore in Q2 FY25.
Half-Year Financial Performance (H1 FY25 vs H1 FY24)
- Revenue from Operations: For the first half of FY25, Dilip Buildcon’s revenue totaled ₹5,034.82 crore, slightly down from ₹5,035.45 crore in H1 FY24.
- Net Profit: The net profit for H1 FY25 was ₹203.04 crore, reflecting a 52% decrease compared to ₹423.03 crore in the corresponding period last year.
The company’s Q2 performance reflects a challenging environment with a YoY revenue dip but resilience in profitability, driven by cost efficiencies and improved operational management.
You might also like
