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Sri Lakshmi Saraswathi Textiles (Ar : Q4 2024 Financial Quarterly Report : YoY Sales Down 17.75 %, QoQ Down 7.67 %

June 24, 2024June 24, 2024| adminadmin| 0 Comments| 4:50 pm
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Highlights

  • Sales over the Year and quarter: The company’s sales declined by -17.75 % over the year, decrease in net sales/revenue by -7.67 %.
  • Income over the Year and quarter: There has been decline in other income over the past year which is -22.22 %, Marginal increase in other income during this quarter, up by 425%.
  • Profit over the Year and quarter: Challenges in sustaining profitability for Sri Lakshmi Saraswathi Textiles (Ar. Profit dropped by -25.26 % Year to Year, Sri Lakshmi Saraswathi Textiles (Ar’s profitability dropped by -28.55 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -21.35 % Year to Year. EPS decreased by -24.84 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Sri Lakshmi Saraswathi Textiles (Ar”s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Metrics Previous Year Previous Quarter Current Quarter Quarter to Quarter Difference Year to Year Difference
Sales Rs. 34.403 Cr Rs. 30.647 Cr Rs. 28.296 Cr -7.67 % -17.75 %
Expenses Rs. 38.41 Cr Rs. 34.5 Cr Rs. 31.36 Cr -9.1 % -18.35 %
Operating Profit Rs. -4.01 Cr Rs. -3.85 Cr Rs. -3.06 Cr + 20.52 % + 23.69 %
OPM % -11.66 % -12.56 % -10.81 % + 1.75 % + 0.85 %
Other Income Rs. 0.27 Cr Rs. 0.04 Cr Rs. 0.21 Cr + 425 % -22.22 %
Interest Rs. 1.16 Cr Rs. 1.33 Cr Rs. 0.69 Cr -48.12 % -40.52 %
Depreciation Rs. 0.5 Cr Rs. 0.49 Cr Rs. 0.48 Cr -2.04 % -4 %
Profit before tax Rs. -5.4 Cr Rs. -5.63 Cr Rs. -4.02 Cr + 28.6 % + 25.56 %
Tax % -0 % -0 % -0 % 0 % 0 %
Net Profit Rs. -5.39 Cr Rs. -5.64 Cr Rs. -4.03 Cr + 28.55 % + 25.23 %
EPS in Rs Rs. -16.16 Rs. -16.91 Rs. -12.71 + 24.84 % + 21.35 %


Today, we’re looking at Sri Lakshmi Saraswathi Textiles (Ar’s financial performance for the Q4(Mar 2024).Starting with the top line, the company reported a significant year-over-year sales decline of -17.75 %. However, it did see a marginal slip of -7.67 % from the previous quarter. Expenses decreased slightly by -9.1 % quarter-on-quarter, aligning with the annual decline of -18.35 %. Operating profit, while up 23.69 % compared to last year, faced a quarter-on-quarter increase of 20.52 %, 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 0.85 %, but an expansion of 1.75 % sequentially. Other income rose by 425 % compared to the last quarter, despite an annual decline of -22.22 %. Interest expenses dropped significantly by -48.12 % from the previous quarter, yet the year-over-year decrease remains at a moderate -40.52 %. Depreciation costs fell by -2.04 % quarter-on-quarter, yet on an annual scale, they experienced a reduction of -4 %. Profit before tax grew annually by 25.56 % but saw an increase from the preceding quarter by 28.6 %.
Net profit rose by 25.23 % year-on-year but experienced a 28.55 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 21.35 % but a quarterly rise of 24.84 %. In summary, Sri Lakshmi Saraswathi Textiles (Ar’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. 34.403 Cr Rs. 30.647 Cr Rs. 28.296 Cr -7.67 % -17.75 %
Expenses Rs. 38.41 Cr Rs. 34.5 Cr Rs. 31.36 Cr -9.1 % -18.35 %
Operating Profit Rs. -4.01 Cr Rs. -3.85 Cr Rs. -3.06 Cr + 20.52 % + 23.69 %
Net Profit Rs. -5.39 Cr Rs. -5.64 Cr Rs. -4.03 Cr + 28.55 % + 25.23 %
EPS in Rs Rs. -16.16 Rs. -16.91 Rs. -12.71 + 24.84 % + 21.35 %


In reviewing Sri Lakshmi Saraswathi Textiles (Ar’s 2024(Q4) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales experienced a decrease of -17.75 % year-on-year, although there was a slight dip of -7.67 % from the previous quarter. Expenses decreased by -18.35 % compared to the previous year, with a decrease of -9.1 % quarter-on-quarter. Operating Profit surged by 23.69 % annually, and saw a 20.52 % increase from the last quarter.
Net Profit showed yearly increase of 25.23 %, and experienced a 28.55 % increase from the previous quarter. Earnings Per Share (EPS) rose by 21.35 % annually, however rose by 24.84 % compared to the last quarter. In essence, while Sri Lakshmi Saraswathi Textiles (Ar 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.

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