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Salasar Techno Engineering ‘s Q2 Financial results: Revenue Grows by 2.23% YoY

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Highlights

  • The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
  • Sales over the Year and quarter: The company experienced a substantial growth of 2.23 % in the past year, decrease in net sales/revenue by -4.25 %.
  • Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 460.65 %. Marginal increase in other income during this quarter, up by 92.26%.
  • Profit over the Year and quarter: Significant improvement in profitability for Salasar Techno Engineering Limited. Notable increase of 6.92 % in net profit Year to Year, Salasar Techno Engineering Limited’s profitability dropped by -7.77 % Quarter to Quarter.
  • EPS over the Year and quarter: EPS declined by -79.31 % Year to Year. EPS decreased by -14.29 % in previous quarter. Analysis needed for shareholder value.

The comprehensive analytics outlining the performance and outlook of Salasar Techno Engineering Limited‘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. 275.353 Cr Rs. 293.998 Cr Rs. 281.49 Cr -4.25 % + 2.23 %
Expenses Rs. 250.44 Cr Rs. 265.8 Cr Rs. 255.84 Cr -3.75 % + 2.16 %
Operating Profit Rs. 24.91 Cr Rs. 28.2 Cr Rs. 25.65 Cr -9.04 % + 2.97 %
OPM % 9.05 % 9.59 % 9.11 % -0.48 % + 0.06 %
Other Income Rs. 0.31 Cr Rs. 0.904 Cr Rs. 1.738 Cr + 92.26 % + 460.65 %
Interest Rs. 10.6 Cr Rs. 12.01 Cr Rs. 11.88 Cr -1.08 % + 12.08 %
Depreciation Rs. 2.29 Cr Rs. 3 Cr Rs. 3.06 Cr + 2 % + 33.62 %
Profit before tax Rs. 12.33 Cr Rs. 14.09 Cr Rs. 12.45 Cr -11.64 % + 0.97 %
Tax % 26.61 % 25.54 % 22.26 % -3.28 % -4.35 %
Net Profit Rs. 9.05 Cr Rs. 10.49 Cr Rs. 9.68 Cr -7.72 % + 6.96 %
EPS in Rs Rs. 0.29 Rs. 0.07 Rs. 0.06 -14.29 % -79.31 %


Today, we’re looking at Salasar Techno Engineering Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 2.23 %. However, it did see a marginal slip of -4.25 % from the previous quarter. Expenses decreased slightly by -3.75 % quarter-on-quarter, aligning with the annual rise of 2.16 %. Operating profit, while up 2.97 % compared to last year, faced a quarter-on-quarter dip of -9.04 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.06 %, but a shrinkage of -0.48 % sequentially. Other income rose by 92.26 % compared to the last quarter, despite an annual growth of 460.65 %. Interest expenses dropped significantly by -1.08 % from the previous quarter, yet the year-over-year increase remains at a moderate 12.08 %. Depreciation costs climbed by 2 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 33.62 %. Profit before tax grew annually by 0.97 % but saw a reduction from the preceding quarter by -11.64 %.
Tax expenses as a percentage of profits decreased slightly by -4.35 % compared to last year, with a more notable quarter-on-quarter decrease of -3.28 %. Net profit rose by 6.96 % year-on-year but witnessed a -7.72 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual downturn of -79.31 % but a quarterly fall of -14.29 %. In summary, Salasar Techno Engineering Limited’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. 275.353 Cr Rs. 293.998 Cr Rs. 281.49 Cr -4.25 % + 2.23 %
Expenses Rs. 250.44 Cr Rs. 265.8 Cr Rs. 255.84 Cr -3.75 % + 2.16 %
Operating Profit Rs. 24.91 Cr Rs. 28.2 Cr Rs. 25.65 Cr -9.04 % + 2.97 %
Net Profit Rs. 9.05 Cr Rs. 10.49 Cr Rs. 9.68 Cr -7.72 % + 6.96 %
EPS in Rs Rs. 0.29 Rs. 0.07 Rs. 0.06 -14.29 % -79.31 %


In reviewing Salasar Techno Engineering Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 2.23 % year-on-year growth, although there was a slight dip of -4.25 % from the previous quarter. Expenses rose by 2.16 % compared to the previous year, with a decrease of -3.75 % quarter-on-quarter. Operating Profit surged by 2.97 % annually, and saw a -9.04 % decrease from the last quarter.
Net Profit showed yearly increase of 6.96 %, and experienced a -7.72 % decrease from the previous quarter. Earnings Per Share (EPS) fell by -79.31 % annually, however dipped by -14.29 % compared to the last quarter. In essence, while Salasar Techno Engineering Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.

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