Vishnu Prakash R Punglia Limited reported a robust performance in its Q2 results for the quarter ending September 30, 2024. The company achieved significant growth in both revenue and net profit, driven by efficient operations and an increase in project activities.
Key Financial Highlights:
- Revenue: The revenue for Q2 FY25 reached ₹3,348.69 million, marking a 30% increase quarter-on-quarter (QoQ) from ₹2,565.63 million in Q1 FY25 and a 13% rise year-on-year (YoY) from ₹2,964.39 million in Q2 FY24.
- Net Profit: The net profit for the quarter stood at ₹237.33 million, up 61% QoQ from ₹147.63 million and a 12% increase YoY from ₹212.46 million in the same period last year.
- Total Income: Including other income, the total income was ₹3,367.57 million, compared to ₹2,588.08 million in the previous quarter and ₹2,980.65 million YoY.
- Expenses: Total expenses for the quarter were ₹3,050.79 million, showing efficient cost management in relation to revenue growth.
Performance Analysis:
- Quarter-on-Quarter (QoQ): The company demonstrated an excellent QoQ growth of 30% in revenue and 61% in net profit, reflecting increased project activities and effective operational strategies.
- Year-on-Year (YoY): The YoY growth was good, with a 13% rise in revenue and a 12% increase in net profit, showing steady progress in the company’s financial health.
Vishnu Prakash R Punglia Limited’s strong Q2 results underline its strategic focus on expanding operations and enhancing profitability, with the company poised for continued growth.
