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Tag: Reports

business

Cosmo First Releases Q2 Results for FY24-25

Nov 14, 2024 by Sujata 0 Comments #First, #Reports
In Rs. Crores Q2 FY25 Q1 FY25 Q2 FY24 FY 23-24
Net Revenue 759 690 664 2587
EBITDA 107 84 72 251
EBITDA % 14.1% 12.2% 10.8% 9.7%
PBT 57 37 29 72
PAT 46 31 22 62
EPS (In Rs.)

(Not Annualized)

 18 12 8 24

Mumbai, 14th November 2024: Cosmo First Limited today declared its financial results for the quarter ended Sept 2024.

The improvement in EBIDTA is backed by higher specialty sales, enhanced volume and better BOPP film margins. The Company has reached speciality sales of 70% of total volume in Q2, FY25 as against 64% in FY24. The Q2, FY25 EBITDA would have been higher but for one time inventory loss (drop in raw material prices during the quarter).

BOPET vertical (about 9% of Company’s sales for Q2, FY25) has also witnessed better margins and posted double digit EBITDA in Q2, FY25 for the first time since its commissioning in FY22-23.

The Specialty Chemical subsidiary is advancing well to achieve high teens EBITDA and 30%+ ROCE in FY25.

Commenting on Company’s performance, Mr. Pankaj Poddar, Group CEO, Cosmo First Ltd said,

“For Film business, the Company’s focus remains on specialty film and cost rationalization opportunities. Rigid packaging vertical launched in H2, FY24 is growing in line with plan and expected to achieve profitability and 90%+ capacity utilization in FY26. In Zigly, we have launched multiple Private labels and enhanced our Vet care services to improve gross margins as well as optimize certain costs thereby reducing losses.”

business

Data Patterns Reports 6% Growth in PAT for H1

Nov 11, 2024 by Sujata 0 Comments #Growth, #Reports
Chennai, November 11, 2024: The Board of Directors at Data Patterns (India) Limited (NSE: DATAPATTNS | BSE: 543428), a strategic Defense and Aerospace Electronics Systems provider, today approved the limited review financial results for the quarter ended September 30, 2024.
 
Performance Highlights
Particulars
Q2 – FY25
Q2 – FY24
Q1 – FY25
H1 – FY25
H1 – FY24
Total Income
103.06
119.15
116.39
219.45
220.45
Revenue from Operations
91.02
108.31
104.08
195.10
198.00
Operational EBIDTA
34.30
40.76
37.18
71.48
68.63
Profit Before Tax (PBT)
40.03
46.27
43.45
83.48
81.15
Profit After Tax (PAT)
30.28
33.79
32.79
63.07
59.62
Gross Margin
75.96%
69.01%
72.29%
74.00%
66.77%
EBIDTA Margin
37.68%
37.63%
35.72%
36.64%
34.66%
PAT Margin
33.27%
31.20%
31.50%
32.33%
30.11%
Q2 (2024 – 2025)
  • Total Revenue for Q2 decreased by 13.5% to Rs. 103.06 Cr in the quarter ended September 30, 2024 as compared to Rs. 119.15 Cr in the quarter ended September 30, 2023. The revenue from operations decreased by 16% in the corresponding period.
  • Gross Margin increased from 69% in quarter ended September 30, 2023 to 76% for the quarter ended September 30, 2024.
  • EBITDA Margin for the quarter ended September 30, 2024 remained at 38% as in the corresponding quarter ended September 30, 2023. EBITDA decreased by 16%.
  • PAT Margin improved to 33.27% for the quarter ended September 30, 2024 as compared to 31.20% for the quarter ended September 30, 2023. Profit After Tax (PAT) decreased 10.4% to Rs. 30.28 Cr in the quarter ended September 30, 2024 from Rs. 33.79 Cr in the quarter ended September 30, 2023.
 
H1 (2024 – 2025)
  • Company’s total Revenue for the half year ended September 30, 2024 was flat at Rs. 220 Cr. Revenue from operations decreased by 1.5% from Rs. 198.00 Cr to Rs. 195.10 Cr in the corresponding half year period.
  • Operational EBIDTA increased by 4% from INR 68.63 Cr for the half year ended September 30, 2023 to INR 71.48 Cr in the corresponding half year ended September 30, 2024. EBITDA Margin increased by 2% from 35% for half year ended September 30, 2023 to 37% in the corresponding period ended September 30, 2024.
  • Profit After Tax (PAT) increased by 6% from Rs. 59.62 Cr in the half year ended September 30, 2023 to Rs. 63.07 Cr in the half year ended September 30, 2024. PAT Margin also increased by 2.2% from 30.11% to 32.33% in the corresponding period.
From the CMD’s Desk
Commenting on the company’s performance, Mr. Srinivasagopalan Rangarajan, Chairman & Managing Director, Data Patterns (India) Limited said, “We are pleased to report healthy and improved margins during H1 of FY 2024-25 driven by our continued focus on operational efficiency and more favourable product mix. Revenue for the quarter was impacted due to deferment of delivery schedule by the customer, of completed products. Our order inflow has been slower than anticipated in the first half which we expect to pick up during the second half. We are committed to continued growth trajectory while maintaining the healthy revenue growth and profitability.”   
news

Q2 FY25 Results Released by Chalet Hotels Limited

Oct 25, 2024 by Sujata 0 Comments #Limited, #Reports

Mumbai | October 25, 2024: Chalet Hotels Limited announces its results for the second quarter of the fiscal year 2025 ending September 30, 2024.

Other Highlights:

  • Chalet Hotels have been recognized for its work in ESG.
    • Won the KPMG ESG Excellence Award 2024 in Mid-cap/Small-cap Companies.
    • Chalet continues to be ‘India’s Best Workplaces for Women’ 2024 by Great Place To Work.
  • Acquired 11-acres beachfront land in the pristine white sand beaches of Varca Goa with a development potential of ~170 upper upscale rooms.

Consolidated Performance for Q2FY25                                                                       

Particulars Q2FY25 Q1FY25 QoQ%  Q2FY24 YoY% FY 24
Total Income 3,832 3,691 4% 3,182 20% 14,370
EBITDA 1,556 1,483 5% 1,296 20% 6,044
Margin % 40.6% 40.2% 0.4pp 40.7% -0.1% 42.1%
PBT 794 777 2% 445 79% 2,694
Tax -2,179 -171   -80   88
 PAT -1,385 606 -328% 364 -480% 2,782


The Finance (No. 2) Act, 2024 withdrew the indexation benefit on long-term capital gains, as a result the company

reversed the deferred tax assets created on certain capital assets (carried at indexed cost) having one time non cash

Segmental Performance for Q2FY25                                                                                                                                                   

Hospitality Performance            
 Particulars  Q2FY25  Q1FY25 Var(%)  Q2FY24 Var(%)  FY 24
 ADR         10,532         10,446 1%           9,610 10%         10,718
Occupancy 74% 70% 3% 73% 0% 73%
RevPar           7,756           7,361 5%           7,034 10%           7,776
 Total Revenue           3,352           3,255 3%           2,844 18%         12,930
 EBITDA           1,387           1,341 3%           1,180 18%           5,742
 EBITDA Margin % 41% 41% 0% 41% 0% 44%
 Rental Annuity            
 Revenue               419               355 18%               300 39%           1,241
 EBITDA               323               264 36%               237 36%               988

 

Development Pipeline Updates:

  • Hotel inventory expansion at Bengaluru Marriott Hotel Whitefield (~125-130 rooms) in Q3 FY25
  • Renovation, upgradation and expansion of The Dukes Retreat (65 rooms) completion in Q4 FY25
  • ‘Taj’ at the T3 Terminal Delhi International Airport (385-390 rooms), ‘Hyatt Regency’ at Airoli, Navi Mumbai (~280 rooms) and CIGNUS POWAI® Tower II in Mumbai are now scheduled for completion in FY27
  • Renovation of Four Points by Sheraton Navi Mumbai has commenced. Currently 35 rooms are under renovation and not available for sale.

Speaking on the financial results, Mr. Sanjay Sethi, MD & CEO, Chalet Hotels Limited, “We are pleased to report another outstanding quarter of growth, driven by positive momentum in room rates and backed by strong EBITDA margins, an indication that our strategic initiatives and efforts to drive operational excellence are paying off. Our upcoming 11-acre beachfront development in Goa is set to transform the region over the next three years. As we enter the second half of the year, we are confident in maintaining this upward trajectory to maximise returns across our diverse portfolio.” 

news

Q2 FY’25 Results Released: NIIT Learning Systems Limited Highlights Performance from July to September 2024

Oct 23, 2024 by Sujata 0 Comments #Limited, #Reports

New Delhi, October 23, 2024:  NIIT Learning Systems Limited (Ticker Symbol: NIITMTS), a global leader in managed learning services, announced the results for the second quarter ended September 30, 2024.

During the July to September 2024 quarter, the company recorded a consolidated Net Revenue of , up 4% YoY with EBITDA  and EBITDA Margin stood at 24%. Profit After Tax was and the EPS stood.

The results were taken on record at the meeting of the Board of Directors held on October 23, 2024.

NIIT MTS added two new global Managed Training Services (MTS) customers during the quarter, including one of the top FMCG brands globally and a leading energy major. NIIT MTS now partners with four of the top ten companies in the energy sector. Additionally, the company maintained its track record of 100% renewals, with four contract renewals and expanding the scope of one client, bringing revenue visibility .

Commenting on the results, Vijay K. Thadani, Vice Chairman & Managing Director, NIIT MTS stated, “In Q2 FY25, NIIT MTS has continued to showcase its resilience and adaptability, delivering year-on-year growth and robust profitability. We added two marquee MTS clients and maintained a 100% renewal record. Our strategic focus on innovative solutions, including GenAI-powered platforms, have been key drivers of strong customer addition and retention.”

Commenting on the results, Sapnesh Lalla, CEO and Executive Director, NIIT MTS, said, “Our Q2 FY25 performance reflects strong customer trust and enduring partnerships. Despite tighter industry budgets, we continued with industry-leading growth, customer addition and retention. The positive reception to our AI-driven solutions reinforces our leadership in this space. Our work continues to receive industry recognition such as 63 Brandon Hall awards. These awards are testament to the pioneering work we do for our customers.”

 Awards and Accreditations

  • NIIT MTS earned 63 Brandon Hall HCM Excellence Awards jointly with customers including 31 gold awards, 16 silver awards and 16 bronze awards across a broad range of categories.
  • NIIT MTS was accredited Gold Standard for the ninth consecutive year by the Learning and Performance Institute
  • NIIT MTS was named to Training Industry’s Top 20 Experiential Learning Companies for the fourth consecutive year