Q2 profit after tax doubles, but half-year profit slips 5.1%
LIBERTSHOE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.5 pts less than its Footwear peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Q2 revenue rose 1.4% year on year to Rs 174.23 crore, while profit after tax more than doubled to Rs 19.73 crore. For the half year, revenue increased 5.9% to Rs 347.02 crore, but profit after tax fell 5.1% to Rs 53.01 crore. Before exceptional items, Q2 profit before tax fell 31.7%; last year's result included an exceptional charge of Rs 2.59 crore. Operating cash flow was positive at Rs 26.67 crore.
Q2's profit jump may please shareholders, but the half-year decline and large one-off help suggest mixed operating momentum.